Job Description:Position SummaryPrepare and validate revenue journal entries and invoices for Deriva Energy's wind and solar portfolio for month-end and quarter-end close, analyze data, interpret contract, and communicate with internal and external stakeholders. Additional responsibilities include audit support, account reconciliations, subledger-to-GL mapping, batch processing, clear A/R aging reports, and ad-hoc analysis to support management decisions. Requires strong knowledge of GAAP revenue accounting standards and controls, with exceptional accuracy and attention to detail.
Main Responsibilities- Prepare and validate revenue journal entries and invoices for wind and solar portfolio
- Perform month-end and quarter-end close activities related to revenue accounting
- Analyze revenue and settlement data for accuracy and trends
- Interpret complex contract terms to ensure proper revenue recognition
- Collaborate with site personnel, corporate teams, auditors, vendors, and consultants to resolve discrepancies
- Support internal and external audits with required documentation
- Perform account reconciliations and ensure accuracy of financial records
- Clear A/R aging reports
- Reconcile cash receipts related to revenue settlements (AR, unbilled revenue, collateral, derivatives)
- Conduct ad-hoc financial analysis to support management decisions
- Maintain compliance with GAAP revenue accounting standards and internal controls
- Support implementation of new ETRM system
Basic Qualifications for Senior Analyst- Bachelor's degree with major in Accounting/Finance or related discipline
- Three (3) years or more of increasingly diverse or complex experience in related field in addition to degree
Basic Qualifications for Lead Analyst- 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
Desired Qualifications- Five (5) years or more of increasingly diverse or complex experience in related field
- Certified Public Accountant
- Possesses and applies fundamental accounting and finance concepts, practices, and procedures
- Excellent written and oral communication skills
- Working knowledge on leveraging Power Query and experience using PowerBI
- Advanced visualization app experience or database management.
- Working knowledge of FERC revenue filings
- Experience with power settlements and invoicing with the various ISOs (ERCOT, PJM, MISO, SPP, CAISO)
- Experience with complex power purchase agreements, VPPAs (Virtual Power Purchase Agreement), and CFD (Contract for Differences)
- Proficiency in Microsoft Excel
- Working knowledge of CommoditesXL, PowerOptix, Aveva PI system, and various Financial and Accounting software (i.e., IFS, NetSuite, Onestream, etc.)
- Working knowledge of GAAP
- Working knowledge of intercompany transactions and intercompany entries
- Strong attention to detail
- Demonstrated ability to work independently and meet stated deadlines
- Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners
Working Conditions- 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
- 4 days in office per week required
Additional Information- Ability to hire at a higher level depending on experience
Benefits- Health Insurance
- Dental Insurance
- Vision Insurance
- 401(k) with Matching
- Health Savings Account
- Flexible Spending Account
- Employee Assistance Program
- Life Insurance
- Paid Time Off
- Parental Leave
