Financial Reporting Senior Associate

EDP Renewables North America; Houston (TX); Hybrid; USD 90,000 - 120,000; Full time

Job summary

EDP Renewables North America is seeking a Financial Reporting Senior Associate in Houston to support GAAP/IFRS financial reporting, consolidations, and internal controls.

The role requires 5+ years of related experience, a Bachelor’s in Accounting, and CPA progress is preferred; familiarity with Magnitude and consolidation processes is essential. Hybrid work arrangement offered.

Qualifications

• Bachelor’s degree in Accounting; CPA preferred.
• 5+ years progressively responsible related experience; public accounting and consolidations package experience preferred.
• Financial reporting and financial statement preparation experience preferred.

Responsibilities

• Record, classify, and summarize financial transactions per US GAAP and IFRS.
• Prepare project company financial statements and disclosures from trial balances.
• Prepare financial statements including balance sheets, income statements, and cash flows.
• Support external audits of prepared statements.
• Input and analyze data in Magnitude consolidation system.
• Analyze and explain balance sheet movements per predefined parameters.
• Interact with the EDP consolidations team for account mapping.
• Generate analyses and roll-forwards to support cash-flow statements and audits.
• Assist with accounting for tax-advantaged partnership structures.
• Assist with monthly managerial reporting.
• Respond to internal ad-hoc requests about consolidations.

Skills

Analytical Problem Solving

Strong Communication

Customer/Partner Relationships

Technology Expertise

Education

Bachelor's degree in Accounting

Tools

Magnitude

Job description

EDP Renewables is a global leader in the renewable energy sector and currently operates in more than 25 markets. With eight offices and several sites, at EDP Renewables North America, we are experienced developers and operators of renewable energy. Our portfolio includes wind farms, solar parks, energy storage projects, and green hydrogen solutions throughout the continent. We are ranked among the top 5 in the U.S. in operational renewable energy capacity.

Our company is part of EDP, a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.

Role Overview:

The Financial Reporting Senior Associate assists with corporate accounting, consolidations, financial reporting, and internal control compliance functions. Creates and interprets financial information, statements, and reports.

What You Will Be Doing:

• Record, classify, and summarize financial transactions in accordance with United States Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
• Assist with preparing project company financial statements and disclosures from trial balances and system-generated reports, making adjusting entries as needed
• Assist with preparing financial statements including balance sheets, income statements, cash flow statements, and footnotes
• Support external audits of prepared statements
• Input and analyze data in corporate consolidation system (Magnitude)
• Analyze, allocate, and explain balance sheet movements in accordance with predefined parameters
• Interact with the EDP consolidations team to ensure proper account-mapping and presentation
• Generate account analyses and roll-forwards and consolidates schedules from other groups in the Accounting team to facilitate preparation of cash-flow statements and audit support
• Assist with accounting for tax –advantaged partnership structure
• Assist with monthly managerial reporting
• Respond to requests from internal groups and other ad-hoc requests associated with assigned consolidations and areas
• Additional duties as required

Employment type: Full-Time

Work site: Hybrid Model

• Bachelor’s degree in Accounting
• 5+ years progressively responsible related experience; public accounting experience and experience with a consolidations package preferred
• Financial reporting and financial statement preparation experience preferred.
• CPA or progress toward CPA preferred
• Understanding of Microsoft products and/or complementing products preferred.
• Competency in Analytical Problem Solving, Strong Communication, Customer/Partner Relationships, and Technology Expertise preferred

Behavioral Requirements:

• Ability to perform job tasks in a dynamic environment
• Strong statistical and analytical skills
• Excellent problem-solving ability
• Written and oral communication and presentation skills
• Ability to be self-motivated
• Willingness to learn new and complex accounting topics

Physical demands & working conditions:

• Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment
• Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form
• Lifting: Ability to lift items weighing up to 10 pounds
• Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form
• Safety: Ability to understand and communicate safety precautions when necessary

More than academic knowledge and technical skills, we are looking for ambitious people who are enthusiastic about the future and who bring human skills aligned with our purpose.

Equal opportunities for all

Our vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer, ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people, and we are committed to fostering a sense of belonging for each person who is part of the EDP group.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. EDP makes hiring decisions based solely on qualifications, merit, and business needs at the time. For further information, please review this notice from the Department of Labor: EEO is the Law poster (https://www.eeoc.gov/poster). You may have additional rights pursuant to recent amendments to federal labor laws. Please review these protections from the EEO is the Law Supplement (https://www.eeoc.gov).

As a top employer we:

• Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
• Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits;
• Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;

Our efforts have resulted in several distinctions over time, highlighting the EDP group's strong positioning and its dedication and commitment to attracting and retaining the best talent:

• Top employer certification by Top Employers Institute
• Part of the Bloomberg Gender-Equality Index
• Top 100 Workplaces by Houston Chronicle