Accepting Applications
Full-time
On-site
Posted 3 weeks, 5 days ago
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0 applications
Job Description
The Accounting Manager, IPP Assets will lead the
**accounting, reporting, and performance analysis**
for PowerBank’s
**owned\-and\-operated IPP portfolio**
(asset management). You’ll own the asset\-level close, ensure accurate and timely financial reporting, and provide insight into portfolio performance to support operational and commercial decision\-making.
**Key Responsibilities**
**1\) Portfolio Accounting \& Close**
* Own
**month\-end/quarter\-end/year\-end close**
for IPP entities/SPVs (journal entries, accruals, reconciliations, working papers).
* Maintain accurate accounting for
**cash, debt/loan accounts, intercompany, AP/AR**
, and project\-level transactions.
* Prepare/review
**asset\-level financial statements**
and supporting schedules; coordinate deliverables across multiple entities.
**2\) Financial Reporting \& Compliance**
* Support corporate reporting timelines by producing
**recurring management reporting packages**
and variance explanations for the IPP portfolio.
* Ensure compliance with applicable standards (IFRS; exposure to U.S. GAAP is an asset), including key areas such as
**leases, fixed assets/CWIP, and asset retirement obligations**
where relevant.
* Coordinate with external auditors and internal stakeholders to support audits/reviews and improve documentation quality.
**3\) Asset Management Reporting \& Analysis**
* Partner with Asset Management/O\&M to translate operating results (production/availability, outages, O\&M spend) into
**financial performance insights**
.
* Lead
**budgeting/forecasting support**
for operating assets and provide variance/root\-cause analysis versus budget and prior periods.
**4\) Revenue, Contracts \& Settlements (IPP\-specific)**
* Support accurate revenue recognition and settlements tied to
**power offtake structures**
(e.g., PPAs, net metering / credit arrangements, community solar mechanisms as applicable to the portfolio).
* Maintain controls and supportable calculations around billing/true\-ups, receivables, and contract\-driven adjustments.
**5\) Lender / Investor Reporting**
* Prepare periodic
**lender compliance and covenant reporting**
and coordinate required schedules/packages (debt service, reserves, cash waterfall support as applicable).
* Support financing activities (refinancings, amendments, new asset onboarding) with clean data, reconciliations, and asset\-level reporting.
**6\) Process, Controls \& Systems**
* Improve scalability of portfolio accounting through standard templates, close checklists, and automation.
* Contribute to internal controls and policy development in a public\-company reporting environment.
**Required Qualifications**
* Bachelor’s degree in Accounting/Finance (or equivalent).
* **CPA (Canada) or equivalent**
preferred
* 5\+ years progressive accounting experience (audit and/or industry), ideally with multi\-entity structures.
* Strong knowledge of close, reconciliations, and financial statement preparation; advanced Excel skills.
* Able to manage deadlines, communicate clearly with non\-accounting stakeholders, and work independently.
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