About the role
About Us: Lightstar, an affiliate of Eagle Creek Renewable Energy LLC, is a leading solar energy developer that develops and sells solar assets across the US and is committed to sustainable and renewable energy solutions, is seeking a highly motivated and detail-oriented individual to join our accounting department. As part of our growing company, you will have the opportunity to contribute to the success of renewable energy projects and make a positive impact on the environment.
This position is classified as remote with hybrid/in office work available given the candidate resides within a commutable distance to one of Eagle Creek's corporate offices.
Roles and Responsibilities:
Financial Reporting and Accounting:
Own the preparation and delivery of accurate and timely monthly, quarterly, and annual financial statements in accordance with US GAAP
Maintain the general ledger and oversee all accounting operations including accounts payable, accounts receivable, payroll, and bank reconciliations
Manage the chart of accounts and ensure it accurately reflects the company's project-based business model, including proper allocation of development costs by project
Oversee capitalization policies for development costs and ensure appropriate treatment of costs incurred pre- and post-LNTP across the project portfolio
Coordinate with external auditors and tax advisors to support annual audits and tax filings, including any partnership or pass-through reporting related to tax equity structures
Ensure compliance with all federal, state, and local financial reporting and tax obligations, including those arising under the Inflation Reduction Act with respect to transferable tax credits
Project Finance and Development Accounting:
Maintain detailed project-level financial tracking from inception through LNTP and sale, including all development costs such as interconnection deposits, land control payments, permitting fees, and soft costs
Manage the financial close process for project sales, coordinating with legal counsel, buyers, and counterparties to ensure accurate and timely settlement and revenue recognition
Budgeting, Forecasting, and Cash Management:
Lead the annual budgeting process for corporate expenses and overhead, working closely with the teams across the organization to build a bottom-up budget tied to the project pipeline
Prepare rolling cash flow forecasts that reflect the timing of development expenditures, interconnection deposits, expected LNTP sale proceeds, and tax credit transfer receipts
Monitor actual versus budgeted development spend by project and flag variances to senior management promptly
Controls, Compliance, and Process:
Design, implement, and maintain a robust internal controls framework appropriate to the size and risk profile of the business
Establish and enforce accounting policies and procedures, with particular attention to revenue recognition on project sales, cost capitalization, and intercompany transactions
Maintain organized and audit-ready financial records for all active, sold, and archived projects
Support due diligence processes for project buyers, lenders, and investors by preparing and organizing financial data rooms
Team Leadership and Cross-Functional Collaboration:
Build and manage the finance and accounting team as the company scales, including hiring, training, and performance management of accounting staff
Serve as the primary financial liaison to the development, legal, origination, and asset management teams, translating project activity into financial impacts on a real-time basis
Support board-level financial presentations as required
Required Qualifications:
Education:
Bachelor's degree in Accounting, Finance, or a related field is required
CPA designation strongly preferred
MBA or Master's degree in Finance, Accounting, or a related discipline is a plus
Experience:
Minimum of 7–10 years of progressive accounting and finance experience, with at least 3–5 years in a senior financial role
Direct experience in renewable energy development, with community solar experience strongly preferred
Demonstrated understanding of the development lifecycle from site control through LNTP and project sale, including the accounting treatment of each stage
Experience managing project-level accounting across a multi-project portfolio with varying stages of development
Technical Skills:
Solid working knowledge of GAAP, with particular depth in revenue recognition (ASC 606) and capitalization of development costs
Experience with Acumatica accounting software or similar platforms; experience implementing or upgrading systems in a growing company is a plus
Familiarity with project management and development tracking methodologies used in the renewable energy industry
Soft Skills and Attributes:
Exceptional attention to detail combined with the ability to see the big picture in a fast-moving development environment
Strong communicator who can translate complex financial concepts for non-financial colleagues and present clearly to senior leadership
Highly organized with the ability to manage multiple concurrent workstreams and deadlines
Self-starter who is comfortable building processes and systems in an environment that may lack established infrastructure
Collaborative team player who works well across functions in a lean, entrepreneurial organization
High integrity and professional judgment, particularly in managing sensitive financial information
Originally posted on Himalayas