Accounting Manager

**Role Summary** * The Accounting Manager will own day\-to\-day project accounting, reporting, and controls for PowerBank’s **EPC** and **development** activities. This role partners closely with Project Management, Procurement, Legal, and Tax to ensure **accurate job costing, forecasting, revenue recognition, billing, and incentive/ITC compliance** —with audit\-ready documentation and strong internal controls throughout the project lifecycle. **Key Responsibilities** **1\) Project budget \& planning (Development \+ EPC)** * Build and maintain **project budgets** (by cost code) for development and EPC. * Lead monthly **budget vs. actual** reviews with PMs. * Maintain project\-level **cash flow forecasts** . * Development\-stage financial tracking; ensure proper staging and documentation. **2\) Project contract \& PO management** * Maintain a controlled **contract/change order** process * Own accounting\-side **procure\-to\-pay controls** * Track construction\-specific payment requirements such as **retainage/holdback** . **3\) Project cost tracking** * Maintain accurate **job cost ledgers** by project and cost code (labor, materials, subcontractors, equipment, overhead allocations). * Ensure timely and correct coding of vendor invoices, subcontractor pay apps, freight, duties, and change order costs. * Prepare and analyze monthly **Construction in Progress (CIP)** reporting, including percent complete, earned revenue, gross margin, under/over billings, and retainage impacts. * Reconcile subledgers to GL; ensure clean cutoff for month\-end (accruals, unapproved pay apps, goods received not invoiced, etc.). * Support project closeout: final cost true\-ups, release of holdbacks/retainage, final vendor reconciliations, and lessons learned on estimating accuracy. **4\) Project\-related compliance work** * Coordinate project files needed for incentives and tax credits (e.g., U.S. ITC/IRA evidence, Canada clean economy ITCs), working with Tax/Legal/Ops. * Maintain audit\-ready documentation (contracts, payroll/support where relevant, procurement traceability). **5\) Review bookkeeping and resolve accounting issues** * Review and approve development and EPC accounting entries * Ensure appropriate accounting treatment for long\-term EPC activities (job costing, CIP, contract assets/liabilities, etc.). **6\) Revenue recognition, billing, and reporting (highly relevant add\-on tasks)** * Own EPC **revenue recognition** support and ensure alignment between project progress, cost\-to\-complete, and billing status. * Coordinate **progress billing** / payment applications, including retention/holdback tracking and proper documentation. * Prepare monthly project financial packs and KPIs (budget vs actual, forecast at completion, cash flow, AR/AP aging, etc.). * Support audits and reviews by maintaining audit\-ready schedules and supporting documentation (CIP, revenue, job cost, commitments, accruals, etc.). **7\)** **Project Debt financing support** * Prepare the construction loan draw packages. * Track lender\-controlled items: retainage/holdback, contingency usage, change order approvals, and eligible vs. ineligible costs per loan terms. * Coordinate required supporting docs and reconciliation of funded amounts to the GL. * Maintain a lender\-ready filing system and support responses to lender/QA requests. **8\) Controls, systems, and process improvement** * Implement and enforce project accounting **internal controls** (approval matrices, segregation of duties, PO discipline, documentation standards). * Improve workflows and automation (ERP/project accounting modules; standardized templates for CIP, CO logs, billing packages). * Partner with Operations to improve data quality and timeliness. **Qualifications \& Experience** * **CPA (preferred)** ; Bachelor’s degree in Accounting/Finance required. * 5\+ years of progressive accounting experience. * Strong working knowledge of **job costing, CIP reporting, progress billing, retainage/holdback, and contract change orders** . * Experience building and maintaining strong **P2P controls** (PO approvals, invoice matching, exceptions management). * Exposure to incentive/tax credit compliance * Advanced Excel skills; experience with ERP and project systems (NetSuite/Procore or similar is an asset). * Strong communication skills with non\-finance stakeholders; able to drive deadlines and resolve issues with PMs and vendors.