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Senior Finance Manager

Lightsource bp
San Francisco, United Statesfull_timeVerifiedPosted 22 Nov 2024
💰 $150,000/yr($130,000/yr$150,000/yr)

About the role

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.
For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonize.
Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.
Lightsource bp was fully acquired by bp in 2024.
Summary
The Senior Finance Manager will produce and manage the consolidated equity accounts for the US JVCo, and produce and deliver required internal and external reporting. This includes monthly financial data and analysis, as well as additional quarterly and year end requirements. 
The US JVCo is a recently formed partnership in the US between the local US TopCo entity and a set of investors. The 80 entity legal entity structure includes 9 partnerships that hold a total of 22 projects and make up 2.4GW. 
This position currently would have no direct reports. 
Key Deliverables
•    Consolidated Equity Accounting 
•    Financial Reporting and Analysis
•    Financial Compliance & Control
•    Business Partnering & Support
Duties and responsibilities
Consolidated Equity Accounting
•    Produce monthly management accounts from a consolidated perspective for the US JV Co
•    Prepare and manage equity accounting for all entities within US JVCo relationship
•    Perform accounting under both US GAAP and IFRS standards
Financial Reporting 
•    Prepare all required internal and external financial reporting. 
•    Monthly financial reports include an unaudited trial balances
•    Quarterly financial reports include a full set of unaudited consolidated financial statements in accordance with US GAAP and IFRS. 
•    Prepare monthly cost reports, which analyze budget to actual figures.
•    Assist with the delivery of additional annual schedules.
Liquidity and Budgeting
•    Assist where necessary any supporting schedules for the annual budget and additional forecasting.
•    Work with treasury and wider finance team to manage cash flows through US JVCo bank accounts, and manage equity contributions to projects within the consolidated perimeter
Audit and other
•    Lead US GAAP and IFRS local audits for US JVCo – will be a first year audit.
•    Provide additional support in any other local or group audits by gathering PBC list items, explaining specific areas of query to the auditors, and performing any adjusting journals
•    Prepare policy documents and or accounting papers for equity accounting.
•    Help drive processes and improvements across the new US JVCo
Knowledge
•    The ability to work in a fast paced, dynamic environment interfacing with internal teams, different time zones, and external clients.
•    Ability to produce consolidated equity accounting, required internal and external reporting, and analyses. 
Qualifications 
•    CPA preferred
•    Strong understanding of US GAAP and IFRS standards 
•    Ability to organize workload and prioritize to maximum effect.
•    Excellent attention to detail, ability to recognize and question anomalies
•    Demonstrate excellent MS Excel skills
Experience
•    8-15 years of experience ideally with renewable energy, project infrastructure and/or manufacturing experience
•    Experience of accounts consolidation 
•    Experience of equity accounting
•    Experience of an accounting and reporting system 
•    Experience of tax equity preferred
EXPERIENCE WORKING IN A GLOBAL COMPANY DESIRABLE
Personal qualities 
•    Keen problem solver who can focus on appropriate detail when solving problems and propose effective solutions
•    Ability to pick up systems and processes quickly
•    Strong interpersonal, communication and presentation skills, dealing with different levels in the organization
•    Positive can-do attitude, ability to maintain a positive attitude in demanding situations 
•    Work effectively as part of a team, share information with relevant parties
•    Willingness to take on a variety of duties as required
FLEXIBLE APPROACH IN A FAST-PACED BUSINESS WHICH IS CONSTANTLY CHANGING, KEEP A CLEAR HEAD UNDER PRESSURE
 

We offer
•    Competitive compensation: $130,000 to $150,000 annually plus a discretionary 25% on-target annual bonus.
•    Health, dental and vision care for US team members starts on your first day of employment. 
•  

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Company

Lightsource bp

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