Senior Accountant

OneEnergy; Madison (WI); On-site; USD 85,000 - 135,000; Full time

Benefits offered by this job

Six weeks PTO

Volunteer Time Off

Medical coverage

Job summary

OneEnergy Renewables in Madison, WI is seeking a Senior Accountant to bring clarity, accuracy, and insight to the financial side of our growth. You’ll own day-to-day accounting and partner with the Accounting Manager across projects and entities.

This role covers asset purchases, depreciation for solar assets, revenue and intercompany accounting, equity, leases, and monthly close. A proactive, detail-oriented professional who thrives in fast-moving environments will fit well.

Qualifications

• Bachelor's degree in accounting is required.
• 5+ years total accounting experience (or 2 years in public accounting with additional industry experience).
• Experience in financial services industry with exposure to complex entity structures and investment relationships.
• Understanding of GAAP and management accounting.
• Advanced Excel skills and proficiency in ERP systems.

Responsibilities

• Own critical day-to-day accounting and monthly close processes.
• Account for asset purchases and related depreciation for solar assets.
• Manage revenue accounting for energy generation and PPAs.
• Handle partnership expense accruals and equity accounting.
• Record leases under ASC 842 and support intercompany accounting.

Skills

Advanced Excel

ERP systems

GAAP knowledge

Education

Bachelor's degree in accounting

Tools

ERP systems

Job description

About OneEnergy Renewables

OneEnergy's mission is to make clean energy the #1 source of electricity for consumers and utilities. We develop solar energy and battery energy storage (BESS) projects across the United States in community solar, distributed generation, and large utility scale project segments. Our diverse project pipeline, multiple locations across the US, and unique multidisciplined team sets us apart.

About OneEnergy Renewables

OneEnergy's mission is to make clean energy the #1 source of electricity for consumers and utilities. We develop solar energy and battery energy storage (BESS) projects across the United States in community solar, distributed generation, and large utility scale project segments. Our diverse project pipeline, multiple locations across the US, and unique multidisciplined team sets us apart.

We are a dynamic and innovative renewable energy industry company committed to excellence, collaboration, and driving positive change in our industry.

About The Role

Solar projects may generate clean energy, but they also generate complex transactions. As our Senior Accountant, you'll bring clarity, accuracy, and insight to the financial side of growing OneEnergy. You’ll play a key role in OneEnergy’s operational accounting and help power the company’s growth (pun fully intended). We’re looking for a proactive, detail-loving professional who thrives when things move fast and genuinely enjoys working on high-impact transactions. You’ll own critical day-to-day accounting, put your stamp on how our processes work, and team up with great people across the company. If you’ve ever wanted your spreadsheets to help shape the future of clean energy, this is your chance.

What You'll Do

Dive into Renewable Energy and Tax Equity accounting, including:

• Asset Purchase Accounting: Make sure asset purchases are accounted for in accordance with GAAP, and partner with the Accounting Manager on the work papers that back up each asset sale.
• Solar Assets: Account for our operating solar assets in accordance with GAAP (i.e., maintain and record period depreciation schedules for the panels generating power every day).
• CIP (Construction in Progress): Support CIP accounting in accordance with GAAP for assets in construction while reviewing project costs.
• Revenue: Partner with the Accounting Manager to account for and reconcile energy generation revenue and PPA (Power Production Agreement) revenue.
• Partnership Expense Accruals: Team up with the Accounting Manager to make sure accruals are recorded per the partnership agreements and GAAP standards. (i.e. Manager Fee, Asset Management Fee, Distributions, Operating & Maintenance expenses, general expense accruals).
• ARO (Asset Retirement Obligation): Build ARO schedules and record associated journal entries monthly ensuring all underlying assumptions and estimates are reviewed and updated on a timely basis.
• REC (Renewable Energy Credit): Own the accounting for REC cost and inventory in accordance with GAAP, keeping tracking, valuation, and reporting of every REC spot-on.
• Equity Accounting: Record contributions, distributions, and ensure partnership equity is accounted for in accordance with GAAP and partnership documents.
• Leases: Record monthly journal entries and reconciliations for new and existing leases in accordance with ASC 842 for both operating and finance leases.
• Intercompany: Support intercompany accounting across a complex, multi-entity business environment.
• Debt Accounting: Work with the accounting and finance team to ensure term debt, construction debt, and corporate debt are recorded accurately each period in accordance with GAAP.
• Monthly Close: Be a key player in monthly close, recording journal entries, completing reconciliations, and related reporting per the close calendar.
• Audit: Play a key role in our annual financial statement audits with the Accounting Manager and external auditors.
• Jump into ad hoc analysis and projects as they come up. There's always something interesting in the works.

What You'll Bring

Experience/Skills Required

• Bachelor's degree in accounting.
• 5+ years total experience in accounting (or 2 years in public accounting with additional industry experience).
• Experience in financial services industry with exposure to complex entity structures and investment relationships.
• Understanding of GAAP and management accounting.
• Advanced Excel skills (bonus points if you secretly love learning new formulas and a good pivot table) and proficiency in ERP systems.

Experience/Skills Preferred

• CPA or progress toward certification.
• Public accounting experience at a Big 4 firm.
• Experience or interest in renewable energy industry.

Work Style

• A knack for documenting, maintaining, and improving accounting processes and controls. You bring a process-improvement mindset where you spot ways to make things better and can’t resist acting on them.
• Comfortable rolling with change as the business grows and new processes come online.
• Proactive and creative problem-solving skills, with the ability to clearly communicate problems and identify resolutions.
• Energized by a fast-paced environment where no two months look quite the same.
• Enjoys being part of a supportive, collaborative, cross-functional team.

Compensation

OneEnergy's compensation packages are dependent on an array of factors including, but not limited to skill sets, experience and training, licensure and certifications, geographic location, and other organizational needs. Compensation for the role will be $85,000-$135,000 depending on location and experience. We provide generous Paid Time Off (six weeks/year) and an impactful Volunteer Time Off Program. We offer robust employee benefits including comprehensive medical coverage, 401(k) matching retirement plan, life insurance, wellness incentives, and more.

We recognize an equitable energy transition requires the participation of diverse communities, groups, and institutions. OneEnergy is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of actual or perceived race, color, creed, religion, ancestry, citizenship status, age, sex, marital status, sexual orientation, national origin, disability or handicap, veteran status, or any other characteristic protected by applicable federal, state, or local laws.