What are the responsibilities and job description for the Lead Accounting Analyst- Project Reporting Controller position at Deriva Energy?
Overview
Job Description:
Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations.
Summary
The Project Reporting Controller team supports Deriva Energy’s business. Team members actively partner with the business to support a growing portfolio of non-regulated solar and wind assets. The Lead Analyst – Project Reporting Controller will be responsible for preparing all reporting aspects of assigned solar and wind operating projects, including various project deliverables (lender requirements under project/portfolio financings including financial statements, cash forecasts, and debt service coverage ratios among other things/tasks), and interacting with various internal and external parties. This role requires familiarity with a variety of accounting concepts, practices and procedures to assist with the reporting of the assigned projects. The ideal candidate will possess strong attributes for accuracy and will be highly detail-oriented.
Responsibilities
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.
Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.
Job Description:
Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations.
Summary
The Project Reporting Controller team supports Deriva Energy’s business. Team members actively partner with the business to support a growing portfolio of non-regulated solar and wind assets. The Lead Analyst – Project Reporting Controller will be responsible for preparing all reporting aspects of assigned solar and wind operating projects, including various project deliverables (lender requirements under project/portfolio financings including financial statements, cash forecasts, and debt service coverage ratios among other things/tasks), and interacting with various internal and external parties. This role requires familiarity with a variety of accounting concepts, practices and procedures to assist with the reporting of the assigned projects. The ideal candidate will possess strong attributes for accuracy and will be highly detail-oriented.
Responsibilities
- Primary point of contact with external stakeholders Act as the primary point of contact for financial deliverables, collaborating with the Asset Management Team, which serves as the main liaison to external stakeholders (debt investors, equity investors, external auditors, and vendors and consultants as required)
- Prepare quarterly unaudited and annual audited financial statements for assigned project/portfolio financings/partnerships
- Prepare periodic debt service coverage ratio filings for assigned project/portfolio financings
- Owner of the detailed trial balances for assigned project/portfolio financings/partnerships
- Oversee analytical reviews of assigned projects’ results and the communications of the results to internal management and external stakeholders
- Maintain a rolling 12-month cash forecast, ensuring accuracy and timely updates to support liquidity planning and decision-making
- Collaborate with offshore teams to identify process efficiencies, streamline workflows, and optimize resource utilization
- Lead continuous process improvement initiatives to enhance reporting accuracy, reduce cycle times, and strengthen internal controls
- Develop in-depth knowledge of assigned projects and portfolios by reviewing financing and partnership agreements
- Be knowledgeable of assigned projects/portfolios by reviewing financing and partnership agreements
- Ensure compliance with debt covenants, and any new applicable accounting standards
- Complete ad hoc requests for internal and external parties or special projects, as assigned
- Bachelor’s degree with major in Accounting/Finance or related discipline
- Five (5) years or more of increasingly diverse or complex experience in related field in addition to degree
- Six (6) years or more of increasingly diverse or complex experience in related field
- Certified Public Accountant
- Strong technical skills and working knowledge of U.S. GAAP
- Public accounting experience (Big Four/large regional)
- Possesses and applies fundamental accounting and finance concepts, practices, and procedures
- Experience with financial applications (i.e., OneStream, Cubes, etc.) and querying tools
- Experience using Microsoft products such as Excel, Word and Power Point
- Experience with company consolidation and limited liability company/partnership accounting
- Excellent communication (verbal and written), interpersonal, and organizational skills
- Proven problem solving and analytical skills
- Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners
- Demonstrated ability to own and be accountable for the work assigned, serve as a subject matter expert, recommending best practices based on expertise and institutional knowledge, and communicating complex concepts to management
- This position is located in Charlotte, NC
- This is an in-person position; employees should live within a reasonable daily commute to the designated office location
- Health Insurance
- Dental Insurance
- Vision Insurance
- 401(k) with matching
- Employee assistance program
- Flexible spending account
- Life insurance
- Paid time off
- Parental leave
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.
Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.