Senior Project Accountant

The Company

Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed solar and storage projects across the country. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us.

Overview

The Senior Project Accountant role is a position that will fill a critical component in our Finance & Accounting team. This hands-on position provides opportunities to further develop the depth and breadth of your accounting and operational skills. This position will work with the project accounting team, providing hands-on input and execution of both operational and technical accounting. The candidate will also work cross-functionally with internal groups including Asset Management and O&M. Opportunities to take on additional responsibilities within the accounting department are available given available time and success in the technical role.

Primary Duties and Responsibilities

• Works with various operations personnel, to track margins on all active projects
• Work closely with the operational team to provide forecast and estimates for project cash flow and other information requested (NOTE: the project budget is prepared by the operational team)
• Perform ongoing Forecast vs. Actual cost analysis of project data to ensure that actual and estimated costs are appropriately recorded
• Investigate large discrepancies from our expectations
• Monitor inflows (to ensure all revenue is captured) and outflows (to ensure any reimbursable items are billed back to the customer)
• Review coding on open POs and paid invoices to ensure margins are being tracked correctly
• Monthly project level allocation for large overhead costs (i.e. labor allocation, vegetation costs, etc)
• Assists in financial activities of organization; prepares reports to management on ad hoc basis
• Prepare monthly, quarterly and year-end journal entries, accruals and other financial activities
• Maintain schedules and assist with management reporting requests
• Track and record inventory transfers (equipment purchased and stored at a warehouse until allocated/shipped to a solar site)
• Reviews all O&M and Corporate (CCR) accounts receivables and accounts payables ensuring accurate and timely processing
• Review open POs and work with the operations team to close out stale POs
• Review quarterly invoicing to customer (accrued on a monthly basis), including supporting documentation, as requested by customer
• Assist with balance sheet/income statement quarterly analytics (and high level monthly analytics)
• Assist in annual audit
• Work with corporate tax compliance to ensure that taxes are properly accounted for each project

Qualifications

• BS in Accounting/Finance desired
• Public accounting experience is a plus
• 3-5 years of experience in accounting is required
• Previous experience in an accountant or audit role in the construction or maintenance is highly preferable
• Strong analytical and problem-solving skills
• Strong accounting knowledge
• Good written and verbal communication skills

Requirements/Work Environment:

• Must be inquisitive, have the desire to learn and initiative to reach out to various departments to complete tasks
• Excellent analytical / reasoning abilities
• Superior interpersonal abilities. Ability to get along with diverse personalities, tactful, mature, flexible
• Effectively communicates with support peers and all levels of corporate management as well as with independent auditors
• Results and people oriented, sound judgment and ability to balance other business considerations
• Thorough, detail-oriented, highly organized, and performs effective self-reviews
• Comfortable working in hybrid environment (in office several days a week and can be remote several days) and meeting with individuals and groups over Zoom (some groups/people work out of different offices and different time zones)

Location: This position will be based in Durham, NC. Must be able to go into the Durham office 3x week on a hybrid schedule

Benefits:

• 15 days of Paid Time Off, accrual up to 20 days, 11 observed holidays.
• 401(k) Match
• Comprehensive package including medical, dental, vision and health insurance
• Wellness stipend, family planning stipend, and generous parental leave
• Tuition Reimbursement
• Phone Bill Reimbursement
• Company Swag