Manager, Corporate Accounting

New Energy Equity is looking for an Accounting leader with 5+ years of progressive accounting experience in public accounting, corporate accounting, or a combination of both. Bachelor’s degree in accounting or finance required. CPA designation is preferred. Experience with NetSuite, financial reporting, and online banking platforms is highly desirable. This position follows a hybrid work schedule and is expected to be in the Annapolis, Maryland office 2-3 days per week.

The Manager, Corporate Accounting reports directly to the Controller and oversees accounting operations, monthly close activities, financial reporting, internal controls, and staff development. This role partners closely with departments across New Energy Equity and its subsidiaries to ensure transactions are recorded accurately, financial reporting is timely, and accounting processes continue to evolve with the growth of the business.

The successful candidate will possess strong technical accounting knowledge, advanced Excel skills, attention to detail, and the ability to effectively manage competing priorities in a fast-paced environment. Experience applying GAAP to complex transactions and supporting audits is preferred.

Other key aspects of this role are defined as follows:

• Primary oversight and development of accounting staff across the accounting function
• Collaborate across multiple legal entities and departments
• Strong communication and organizational skills with the ability to effectively partner with management and business stakeholders
• Ability to identify process improvement opportunities and implement practical solutions that enhance efficiency and accuracy
• Manage workload prioritization and resource planning to ensure department deadlines and objectives are achieved

Routine Activities include (but not limited to):

• Review and approve journal entries/account reconciliations prepared by staff
• Assist with guidance on accounting treatment for complex transactions and business activities
• Respond to accounting inquiries from management and business partners
• Review revenue recognition activities to ensure transactions are recorded in the appropriate period and in accordance with company policy
• Review financial reporting schedules for management
• Coordinate and support annual financial statement and internal audits by providing documentation and responding to auditor requests
• Lead and develop accounting team members through ongoing training, review, and feedback
• Perform ad hoc accounting analyses and special projects as assigned
• Oversee inventory transactions and inventory accounting processes, including reconciliations, variance analysis, and periodic audits to ensure accurate financial reporting.

Monthly Close Duties include (but not limited to):

• Coordinate and participate in monthly close activities across New Energy Equity and its subsidiaries
• Review and approve complex account reconciliations
• Monitor close schedules and ensure deadlines are achieved
• Assist with the preparation and review of monthly financial statements and reporting packages
• Perform and review variance analysis of actual results compared to budget, forecast, and prior periods
• Assist in identifying and resolving accounting issues impacting the monthly close process
• Review project accounting and work-in-progress reporting activities where applicable
• Ensure internal control procedures are operating effectively and identify areas for improvement

Ongoing/Special Projects include (but not limited to):

• Develop and maintain advanced Excel models and reporting tools to support business analysis and decision-making
• Research and document technical accounting matters and GAAP application
• Assist in the implementation, enhancement, and maintenance of accounting systems and reporting processes
• Lead cross-functional projects involving accounting, finance, and operational teams
• Identify opportunities to improve departmental processes, controls, and reporting capabilities

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of employment visas at this time.

The expected annual compensation range for this position is $100,000 - $120,000, encompassing base pay and potential incentive target opportunity. This range is a good faith estimate based on the position's requirements. Specific compensation offered to the selected candidate may vary depending on factors such as relevant knowledge, skills, training, experience, and market conditions. Additionally, this position may qualify for a comprehensive benefits package, including Retirement Benefits, Medical, Dental & Vision, Health Savings Account, Flexible Spending Account, Life Insurance and Disability, Tuition Reimbursement, Voluntary Benefits, Paid Absences, and more.

About Us:

At New Energy Equity, a proud subsidiary of ALLETE, we’re leading the charge in transforming the energy landscape with innovative solar solutions 🌞. As a top player in the renewable energy sector, we’ve successfully developed over 600MW of solar projects and closed more than $1.2 billion in clean energy investments 💼. Our projects deliver sustainable electricity to a wide range of clients, including commercial, industrial, municipal, and utility customers 🌍. But there’s more to us than just impressive numbers. We pride ourselves on a dynamic and engaging work environment where teamwork, continuous learning, and environmental stewardship are at the core of what we do 🌿. Our inclusive and collaborative culture encourages creativity and innovation, making our office a place where every idea is valued, and growth is a priority 💡. At New Energy Equity, you’ll join a passionate team that not only drives the clean energy future but also enjoys celebrating our successes together 🎉. With over 250 projects across the U.S. 🌎, our supportive atmosphere ensures a balanced work-life dynamic ⚖️ and a fun, fulfilling career path 🌟. Join us and be part of a forward-thinking company where your contributions are celebrated, and your professional development is supported as we work towards a brighter, sustainable future 🌍.

The statements above outline the essential functions, nature, and level of work expected as of the document’s preparation date. They are not exhaustive lists of all duties and responsibilities. New Energy Equity reserves the right to modify this job description at any time, without notice.

New Energy Equity is an equal opportunity employer. All applicants will be considered for employment without discrimination based on race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or any other basis prohibited by federal, state, or local law.

If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR department at amekonnen@newenergyequity.com