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Manager Portfolio Accounting
Location:
US-ME-Portland
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Greenbacker Renewable Energy Company is an independent power producer (IPP) and a leading climate-focused investment manager (IM), whose mission is to empower a sustainable world by connecting individuals and institutions with investments in clean energy. Since our founding in 2011, weve grown to over 180 employees in four officesNew York City, Portland, ME, Denver, CO, and Montpelier, VTand other individual locations across the US, and have positioned ourselves as a market leader in energy transition, renewable energy, and sustainable infrastructure investments.

Greenbackers IPP business segment acquires, owns, and operates income-producing clean energy infrastructure projects (e.g., solar energy, wind power, energy storage) in communities across the country. These assets sell power under long-term contracts to high-credit-quality counterparties, including utilities, municipalities, and corporations. As of 2023, our IPP fleet comprises over 450 projects, representing 3.4 gigawatts of total clean energy production and storage capacity. Within our IM business segment, Greenbacker Capital Management (GCM) serves as the registered investment adviser to five funds focused on green power generation and the energy transition, including private equity investment in growth-stage clean energy companies, across a wide range of sustainable infrastructure and renewables sectors.

Drawing upon the firms expertise in renewable power generation, battery storage, and other green technologies, Greenbacker is expanding its IM business and launching a sustainable real estate fund with a focus on reducing buildings' carbon emissions, improving energy efficiency, and building additional sources of renewable power. Greenbacker has hired a senior executive with over 20 years and $25 billion of commercial real estate principal investment experience to manage this new vehicle and is actively growing the real estate investment team.

Please visit (link removed) to learn more about our company, mission, team, and portfolios.

Greenbacker is committed to the full inclusion of all qualified individuals. As part of this commitment, Greenbacker will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Nicole Giangiulio (nicole.giangiulio@greenbackercapital.com).

Requirements

Job Purpose/Background:

As Greenbacker continues to raise capital and grow our investment portfolio, an opportunity has arisen to join Greenbackers Accounting Team. This role is heavily involved in technical accounting research, acquisitions, the audit process, and development of internal processes to address various control risks. The successful candidate will work cross-departmentally with various other functions of the company including investments, operations, legal, tax, and financial reporting to accomplish its objectives. The Accounting Manager will report to the Director of Financial Accounting and will manage a growing team of Senior and Staff accountants. As Greenbacker is an evolving and high growth company, the responsibilities will be broad, varied and all encompassing. The role may be based in Portland, Maine, Montpelier, Vermont, or New York.

Key Responsibilities:

  • Manage month-end close process for a growing portfolio of assets.
  • Review supporting workpapers and prepare compliance deliverables in a timely manner, including quarterly SEC filings.
  • Lead department projects, including developing and maintaining timelines and checklists for multiple projects to ensure all deadlines are met.
  • Prepare technical accounting memos to analyze and support accounting scenarios both common and unique to the renewable energy industry.
  • Efficiently and appropriately delegate work to team members, and consistently and reliably communicate upwards.
  • Anticipate and identify potential issues and challenges created by a particular transaction or process and work proactively with the team to address them.

Education and Experience:

  • CPA required; audit or relevant consulting experience preferred
  • 5-7 years of relevant experience and strong knowledge of GAAP
  • Experience performing accounting research and preparing technical memos
  • Strong project management skills and experience in leading a team
  • Ability to thrive and manage change in a fast-growing company
  • Highly motivated, independent, results-oriented, and possesses a strong sense of ownership
  • Analytical and detail oriented
  • Proven ability to develop new ideas and creative solutions
  • While a strong, broad knowledge of GAAP is important to this role, experience with the following topics will be most beneficial in this role:

o ASC 810, Consolidation

o ASC 805, Business Combinations

o ASC 505, Equity

o ASC 470, Debt

Benefits

Medical: Insperity/ 5 United Health Care options (3 PPOs and 2 High Deductible Health Plans) / 100% employer paid for employee; 50% employer paid for spouse and children

Dental: Guardian two options / 100% employer paid for employee; 50% employer paid for spouse and children

Vision: Guardian / VSP two options / 100% employee paid

Life and AD&D: Unum / 100% employer paid / 2 times annual up to $700K

Short term disability: Unum / 100% employer paid / 60% base; $1,500 weekly max

Long term disability: Unum / 100% employer paid / 60% base; $15,000 monthly max

Retirement: Insperity ~ various stock, bond and lifestyle fund options / 50% match up to 6% of salary

Other: Medical and dependent care / Health Savings Accounts / Pre-tax commuter benefits / 20 days paid time off & 7 sick days, Modern Health: 24/7 access to Coaching and Therapy sessions for employees' and dependents

Greenbacker Capital

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