Accounting Manager – Development

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Summary:

The Accounting Manager - Development is responsible for the day-to-day accounting, financial reporting and internal controls relating to RES Americas development businesses across the United States and Canada. Reporting to the Sr. Director and Controller, Americas, the role combines hands-on IFRS technical accounting with operational delivery, acting as the primary finance interface for the Americas development business units and supporting the Americas CFO and Controller in all month-end and year-end reporting cycles. The position manages one direct report and plays a central role in IFS (the Group’s enterprise resource planning system) process governance and continuous improvement within the Americas finance community.

Requirements:

Month-End and Year-End Close

• Owns and manages month-end close process for the Americas development businesses, including preparation and review of journals, balance sheet reconciliations, and the monthly actuals package (balances sheet and P&L) presented to the Americas CFO and Sr. Director and Controller, Americas.
• Prepares monthly and quarterly financial packages and supports the preparation of annual financial statements, including relevant footnotes and disclosures, in accordance with IFRS as adopted by the RES Group.
• Previews, analyses and re-classes P&L activity to ensure accurate and consistent income statement presentation across development entity reporting.
• Monitors cash requirements of the Americas development businesses and liaises with finance and treasury to manage cash flows as needed.

Technical Accounting – IFS Lead

• Serves as the IFRS technical accounting lead for the Americas development businesses, providing authoritative guidance on revenue recognition (IFRS 15), development cost classification and capitalization, impairment testing (IAS 36), financial instruments (IFRS 9), leases (IFRS 16) and other complex accounting matters arising in the development business.
• Prepares policy and transactional accounting memoranda applying relevant IFRS technical guidance, ensuring that positions are clearly documented, consistently applied and audit-ready.
• Identifies and reports relevant differences between IFRS (the primary Group reporting framework) and US GAAP (local and regulatory reporting requirements), escalating significant divergences to the Americas Controller as appropriate.
• Supports the preparation of US GAAP-basis financial statements for development entities where required, covering revenue recognition, expense classification, asset retirement obligations, statement of cash flows and other required disclosures.

Development Sales and Deal Support

• Acts as the accounting representative for the Americas development business from deal due diligence through to completion, ensuring that accounting implications are properly considered and that accurate financial data is available throughout each transaction.
• Responsible for the accounting and financial reporting of special purpose vehicle (SPV) entities at both the pre- and post-deal stages, including maintenance of SPV-level books, intercompany balances and balance sheet preparation in connection with key development asset sales and transfers.
• Supports milestone invoicing processes for the development teams, including advising on the timing and evidential requirements for invoice issuance and ensuring that revenue recognition conclusions (point-in-time versus over-time under IFRS 15) are appropriately supported for audit purposes.
• Prepares or reviews technical accounting memoranda in connection with development transactions, intercompany, joint venture arrangements, associate accounting and minority interest positions as required.

Audit Readiness and Assurance

• Holds primary responsibility for audit readiness in respect of the Americas development businesses, ensuring that working papers, reconciliations and supporting documentation are maintained to a high standard throughout the year.
• Leads the preparation of audit deliverables for external and other assurance engagements relating to the development businesses, including local tax credit audits (e.g. production tax credits, investment tax credits and other Inflation Reduction Act-related incentive structures) and any regulatory or lender-required reviews.
• Works closely with the RES Americas Tax team on the accounting treatment and audit support for US federal and state tax equity structures and renewable energy incentives, ensuring that positions are technically sound and consistently applied.
• Coordinates year-end footnote preparation and identifies the disclosures for which the development accounting function is responsible, briefing the direct report and relevant team members accordingly.

Intercompany, Recharges and Group Reporting

• Works with the RES Group and Americas Corporate Accounting teams to ensure that intercompany recharge processes and reconciliations between Americas development entities and other Group subsidiaries are accurate, complete and settled on a timely basis.
• Supports the Group consolidation process by ensuring that development entity submissions into IFS are complete, correctly coded and reconciled in advance of the Group reporting timetable.
• Supports the accounting for US and Canadian local and project entity financial statements in respect of the development businesses, coordinating with the relevant finance team ensuring development entity trial balances in IFS are complete, correctly coded and reconciled in advance of the financial statement preparation.

IFS Governance and Controls

• Responsible for promoting and embedding best practice in financial and working capital controls across the Americas development business, including preparing balance sheet reconciliations, goods receipting / non-invoice (GRNI) management, purchase order receipting discipline and accounts payable accrual processes within IFS.
• Manages and resolves IFS-related accounting issues arising in the development business, including error management, project master data setup and coding governance, working with the broader IFS program team as required.
• Supports IFS build-out, implementation and system development and integration activities relevant to the Americas development business, contributing to the design of workflows, chart of accounts structures and reporting configurations as a subject-matter expert.
• Leads process improvement, automation and efficiency initiatives alongside the wider Americas Accounting team for accounting processes, systems and reports, with IFS as the primary platform for delivery.
• Supports IFS build-out and system development and implementation activities.

Stakeholder Engagement and Business Partnering

• Serves as the primary finance interface for Americas development business unit heads and project managers, fielding accounting queries, supporting financial decision-making and ensuring finance processes are understood and followed by non-finance stakeholders.
• Builds and maintains strong working relationships with the Americas FP&A team to ensure that monthly actuals, forecasts and budget submissions are consistent and well-supported.
• Attends and contributes to relevant development business forums — including RRIC, MTC and other project or commercial review meetings — representing the finance function as required.
• Collaborates with operations, legal, tax and other functions to ensure proper accounting for contracts, support budgeting and forecasting processes, and drive a strong control environment across the Americas development business.

General

• Investigates, produces, reviews and issues periodic reports on development business activity as required by the Sr. Director and Controller, Americas or CFO.
• Oversees continuous improvement to process documentation within the development accounting function.
• Attends work regularly and punctually, as scheduled or expected.
• Complies with Employee Handbook, Code of Conduct and Company Policies & Procedures.

Additional Responsibilities:

• Presents, supports and leads by example with a safety and quality-oriented attitude.
• Supports the Americas CFO, Business Controller and Group Finance in additional projects and initiatives as required.

Safety:

· Presents, supports, and leads-by-example with a safety and quality-oriented attitude.

· Leads by example to show that safety is the most important function, ensuring that all employees follow safe practices while working.

· Accountable to continually reinforce safe behaviors and correct “at risk” behaviors.

· Adheres to and ensures all site team members understand standard operating procedures.

· Leads and supports the site team in technical, quality and safety, utilizing system in place.

Leadership:

· Fosters and demonstrates a workplace inclusive of creating opportunity, serving others, building trust, innovation, and exceeding expectations.

· Manages one or more direct reports including goal setting, performance reviews, coaching, professional development in accordance with RES guidelines.

· Participates in hiring and selection process to fill positions on the team.

· Communicates regularly with direct reports on goals, accomplishments, and information on policies.

· Demonstrates leadership and expertise in eyes of the client group.

· Employee Development:

oProvides tasks and assignments that challenge and stretch employees’ responsibilities.

oConducts regular discussions with employee(s) on personal development. Comfortable with empowering others.

oConducts timely, effective performance reviews in accordance with RES guidelines.

Qualifications:

• Bachelor’s degree in Accounting or Finance is required.
• Master's degree in Accounting or Finance is preferred.
• CPA or equivalent certification is preferred.
• 5+ years of Public Accounting or Industry Accounting experience is required.
• 3+ years of Substantive IFRS technical accounting responsibilities is required.
• 2+ years of Management or Supervisory experience is required.
• 2+ years of Renewable energy, infrastructure or project finance experience is preferred.
• 2+ years of Hands-on experience with IFS or a comparable ERP system is preferred.
• Technical Knowledge

• Strong working knowledge of IFRS, in particular IFRS 15 (revenue recognition), IFRS 16 (leases), IAS 36 (impairment), IAS 38 (intangible assets) and IFRS 9 (financial instruments), and their application in a renewable energy development context.
• Solid understanding of US GAAP, sufficient to identify material differences from IFRS for local reporting purposes and to prepare or review US GAAP-basis development entity financial statements.
• Familiarity with US renewable energy tax incentive structures — including production tax credits (PTCs), investment tax credits (ITCs) and Inflation Reduction Act incentives — and the accounting considerations associated with tax equity financing arrangements.
• Experience with integrated ERP systems; hands-on experience with IFS or a comparable platform is highly desirable, including purchase-to-pay workflows, project accounting modules and month-end close processes.

• Skills and Competencies

• Proficient in Microsoft Office; advanced Excel skills including pivot tables, lookups and financial modelling.
• Highly organized, self-directed and proactive, with strong time management and the ability to manage multiple complex tasks to strict deadlines in a fast-paced environment.
• Excellent written and verbal communication skills, including the ability to articulate technical accounting positions clearly to non-finance audiences and to produce high-quality schedules, tables, charts and commentary for senior management review.
• Demonstrated ability to build effective working relationships with commercial and operational colleagues across a matrix organization.
• Functional competencies include accountability, attention to detail, prioritization, continuous improvement, and ethics and integrity.

• Functional Competencies include accountability, attention to detail, prioritization, continuous improvement, ethics & integrity.
• Ability to travel domestic and internally 5-15%.

Anticipated base salary range: $102,500 - $128,100

The final agreed upon compensation is based on individual education, qualifications, experience, and work location. This position is bonus eligible.

RES offers benefits that are effective first day of employment. These benefits include the following:

· Medical, Dental and Vision

· Health Savings Account with employer contribution

· Flexible Spending Accounts

· 4x pay Basic Life and Voluntary Life

· Short and Long Term Disability

· Accident, Hospital, and Critical Illness

· 401 (k) plan with 6% company match

· 4 weeks Paid Time Off (PTO) and 10 Paid Holidays

· Tuition Reimbursement and Green Car Reimbursement

· Volunteer and Charity Matching

· Paid Parental Leave and Paid Sabbatical Leave

· Employee Referral Bonus

· Employee Discounts and Wellness programs

· Wellness Reimbursement

Physical requirements and environment:

The work environment and physical demands characteristics are representative of those the employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Rarely: Climbing, crouching, kneeling, pulling/pushing/lifting between 5-15lbs., and stooping are required.

Occasionally: Carrying 5-15lbs., gripping, handling, pinching, and walking are required.

Frequently: Standing is required.

Constantly: Reading, grasping, hearing, reaching, vision, repetitive motion, and sitting are required.

Rarely exposed to extreme cold, heat, and humidity, and wet climates, in the working environment.

Occasionally exposed to noise and hazards in the work environment.

We maintain a drug-free workplace. Candidates will be required to pass a pre-employment background investigation and drug test as a condition of employment.

RES is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

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