Project Accounting Manager

Project Accounting Manager

FLSA Classification: Exempt

Salary Range: $125,000 - $140,000 plus bonus and incentive stock options

Reports to: Controller

Location: New York (Hybrid)

About The Company

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice, and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

Reporting to the Controller, the Project Accounting Manager will be responsible for overseeing project related accounting activities within the company. This role involves managing the financial aspects of various renewable energy projects, ensuring accurate financial reporting, and providing strategic financial insights to support project management and decision-making.

Responsibilities

• Oversee the financial management of all renewable energy projects, ensuring project accounting from tracking projects, validating invoices coded to the projects, project close-out, and reconciling overall project payables to project budgets.
• Generate project financial reports and visualization, evaluating the reports for accurate presentation of data and findings, including developing analysis on labor breakage, cost trending or other various project related financial reports to be escalated for review.
• Implement and maintain cost control measures to ensure projects are delivered within budget. Identify and analyze cost variances and recommend corrective actions.
• Review and manage financial aspects of project contracts. Ensure compliance with contract terms and conditions, and coordinate with legal and project management teams as needed.
• Track project costs and revenue recognition in accordance with GAAP (Generally Accepted Accounting Principles).
• Support external audits related to project accounting. Ensure compliance with relevant accounting standards, regulations, and company policies.
• Collaborate with project managers, senior management, and other stakeholders in finance and operations to provide financial insights and support decision-making processes.
• Identify and implement improvements to project accounting systems and processes to enhance efficiency and accuracy, including Identify and mitigate financial risks associated with projects.
• All other duties as assigned.

Competencies for Success

• Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions; conducts excellent and honest analysis; looks beyond the obvious and doesn’t stop at the first answer.
• Interpersonal Savvy - Able to relate well to all individuals within and beyond the organization; builds appropriate rapport along with constructive and effective relationships; uses diplomacy and tact.
• Perseverance -  Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.
• Dealing With Ambiguity - Can effectively cope with change and shift gears comfortably; can decide and act without having the total picture.
• Creativity - Capable of coming up with new and unique ideas; easily makes connections among previously unrelated notions.
• Technical Learning - Picks up on technical things quickly, capable of learning new skills and knowledge, good at learning new industry, company, product, or technical knowledge.
• Intellectual Horsepower - Demonstrated ability to deal with concepts and complexity comfortably; described as intellectually sharp, capable, and agile.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field. CPA or CMA certification is preferred.
• Minimum of 5 years of experience in project accounting or finance, with at least 3 years in a managerial or leadership role. Experience in the renewable energy sector is highly desirable.
• Strong knowledge of accounting principles, financial reporting, and project accounting practices. Proficiency in accounting software and financial management systems.
• Proven leadership experience with the ability to inspire and manage a high-performing accounting team.
• Excellent analytical and problem-solving skills with the ability to interpret financial data and provide actionable insights.
• Strong verbal and written communication skills, with the ability to effectively engage with technical and non-technical stakeholders.
• Exceptional organizational and time management skills with the ability to manage multiple projects and priorities in a fast-paced environment.
• High level of accuracy and attention to detail in financial reporting and analysis.
• In-depth understanding of accounting standards, regulations, and compliance requirements. Experience with audit processes is a plus.
• Ability to adapt to a rapidly changing business environment and work effectively under pressure. Proactive and innovative mindset.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.  

Affirmative Action/EEO statement

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

Covid 19 Protocols:

NineDot continues to monitor local COVID-19 protocols mandated by state and federal governments. For those who will be joining events in person, you may be required to test before meetings.