Accounting Manager, Consolidation and Reporting

Competitive Power Ventures, Inc.; Silver Spring (MD); On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Annual discretionary bonus up to 20%

120 hours PTO per year

100% company paid medical, dental and vision coverage

Job summary

A leading power generation company in Silver Spring, MD is seeking an Accounting Manager for Consolidation and Reporting. In this full-time position, you will manage month-end and quarter-end consolidation activities, prepare financial statements, and drive process improvements. Ideal candidates hold a Bachelor's degree in accounting with CPA qualifications, along with at least five years of relevant experience in public company reporting. Competitive compensation includes a salary range of $130,000 - $150,000 and additional benefits.

Qualifications

• Minimum of 5 years of Big-4 accounting firm or public company reporting experience.
• Deep knowledge of consolidation accounting and ownership structures.
• Solid understanding of financial statement linkages from sub-ledgers to reporting.

Responsibilities

• Manage month-end and quarter-end consolidation and reporting activities.
• Prepare financial statements and consolidated reporting disclosures.
• Design and maintain scalable Excel-based consolidation tools.

Skills

Consolidation accounting

Financial statement analysis

Expert-level Excel skills

US GAAP knowledge

IFRS knowledge

Education

Bachelor’s degree in accounting or business-related field

CPA qualification

Tools

SAP S4 HANA

Workiva

Job description

Accounting Manager, Consolidation and Reporting

Silver Spring, MD | Full-time

Competitive Power Ventures, Inc. (“CPV”), with headquarters in Silver Spring, MD, and offices in Braintree, MA and Sugar Land, TX is uniquely positioned to leverage global technology and financial partnerships to help modernize America’s power generation. We are driven to improve our energy infrastructure by developing and operating power generation facilities using cutting edge, domestically available natural gas and renewable power technology. CPV is owned by OPC Energy, the first privately held electric company in Israel. OPC Energy became a public company in August 2017 and is traded on the Tel-Aviv Stock Exchange (TASE: OPCE).

CPV is seeking a Manager of Consolidation and Reporting to join our Accounting team in Silver Spring, MD. CPV manages a complex, consolidated holding company structure that ultimately holds equity interests in utility-scale power plants and projects in development and construction. The holding and project companies require accounting and financial reporting under both US GAAP and IFRS. CPV conforms to public company reporting standards under IFRS and financial controls pursuant to SOX.

This role is ideal for an accounting professional with comprehensive and wide range of accounting experiences who thrives in a dynamic environment of a growing organization, who brings deep expertise in complex reporting structures, and can partner cross-functionally to drive accuracy, efficiency and insight across organization.

This position is responsible to prepare or to review consolidation for multiple consolidation groups, provide support for monthly and quarterly close of financial statements (consolidated and stand‑alone), detailed reporting and management analytics, assist with the preparation and drafting of disclosures, footnotes, management discussion and analysis, technical accounting and other recurring and ad hoc accounting activities.

This position reports to the Director of Consolidation and Reporting and will work closely with others in the accounting department and within the organization.

Key Responsibilities:

• Manage month‑end and quarter‑end consolidation and reporting activities for several consolidation groups, preparing financial statements and other consolidated reporting disclosures.
• Manage quarterly analytical reporting to the parent company.
• Manage management reporting activities (actuals, forecasts and budgets) for the corporate entities, including segment reporting, projects profitability reporting, departmental costs reporting, including preparing presentation slides and reporting dashboards.
• Preparing schedules for the financial disclosures reporting, including preparing consolidated cash flows, consolidated disclosures and other financial reporting requirements, managing the data in Workiva (company’s financial reporting system).
• Improving utilization of the SAP consolidation software, Group Reporting, targeting automating all financial statements, including cash flow statements, directly from the system; becoming a Subject Matter Expert in this module of the SAP and being a liaison with the IT reporting team.
• Designing new consolidation tools as necessary, in Excel or in other systems utilized by accounting.
• Supporting accounting research, analysis and reporting using International Financial Reporting Standards (IFRS) and US GAAP rules as necessary.
• Supporting month‑end closing and audit activities as necessary.
• Supporting accounting assessments of M&A and financial activities.

Required Skills:

• Bachelor’s degree in accounting or business‑related concentration; CPA qualification required
• Minimum of 5 years of Big‑4 accounting firm or public company reporting experience, including financial statement analysis, supporting external audit and reviews; prior experience with IFRS accounting is a strong preference
• Deep knowledge of consolidation accounting, including ownership structures, eliminations, inter‑company transactions, non‑controlling interests, M&A purchase price allocations, and proportionate consolidation
• Solid understanding of financial statement linkages and end‑to‑end data flows from sub‑ledgers through consolidation and reporting layers; strong capability to analyze large, multi‑dimensional datasets, understand complex data relationships, and reconcile data across multiple sources
• Expert‑level Excel skills and ability to design and maintain scalable Excel‑based consolidation and reporting tools, with strong focus on accuracy, transparency, and auditability
• Experience building management reporting models, budget vs. actual analyses, profitability reporting, and segment‑level analytics
• Ability to translate complex financial data into clear, insightful analytics and executive‑level presentations
• Understanding of valuation methodologies (e.g., discounted cash flow, market approaches, purchase price allocation concepts)
• Proficiency with fully integrated ERP Systems (SAP S4 HANA with Group Reporting consolidation and reporting module is a strong preference), experience working with automated consolidation systems, and other reporting tools (e.g., Workiva)
• Demonstrated experience driving automation and process improvements, including generating financial statements directly from system outputs
• Detail‑oriented, organized, the ability to handle a high volume of data, and manage several tasks simultaneously in a fast‑paced, deadline‑driven environment
• Must successfully clear a pre‑employment criminal background and financial credit check

Compensation:

The base annual salary range for this position is $130,000 – $150,000 in the Company’s good faith estimate. The actual base salary for this position will be contingent upon individual experience, role responsibilities, and office location.

In addition to base salary, this position allows additional compensation and benefits, including:

• an annual discretionary bonus up to 20%, fully contingent based on individual and company performance,
• paid time off (PTO) of 120 hours per year, hours earned monthly, and up to 13 company paid holidays, and
• group benefits: 100% company paid medical, dental and vision coverage, a 401(k) plan with a 100% company match up to 6%, life insurance, short‑and‑long term disability, parental leave and flexible spending accounts.

The base annual salary range may be modified in the future.

Competitive Power Ventures, Inc. reserves the right to change or terminate any or all benefit plans and/or plan design at its discretion.

CPV holds all employees to the highest ethical standards and is committed to conducting business with integrity, transparency, and honesty to ensure our success.