Company Description:
Greenbacker Renewable Energy Company is an independent power producer (IPP) and a leading climate-focused investment manager (IM), whose mission is to empower a sustainable world by connecting individuals and institutions with investments in clean energy. Since our founding in 2011, we’ve grown to over 200 employees in four offices—New York City, Portland, ME, Denver, CO, and Montpelier, VT—and other individual locations across the US, and have positioned ourselves as a market leader in energy transition, renewable energy, and sustainable infrastructure investments.
Greenbacker’s IPP business segment acquires, develops, constructs, and operates income-producing clean energy infrastructure projects (e.g., solar energy, wind power, energy storage) in communities across the country. These assets sell power under long-term contracts to high-credit-quality counterparties, including utilities, municipalities, and corporations. Our IPP fleet comprises over 450 projects, representing 3.4 gigawatts of total clean energy production and storage capacity.
Within our IM business segment, Greenbacker Capital Management (GCM) serves as the registered investment adviser to five funds focused on green power generation and the energy transition, including private equity investment in growth-stage clean energy companies, across a wide range of sustainable infrastructure and renewables sectors. Please visit www.greenbackercapital.com to learn more about our company, mission, team, and portfolios.
Greenbacker is committed to the full inclusion of all qualified individuals. As part of this commitment, Greenbacker will ensure that persons with disabilities are provided reasonable accommodations.
Job Purpose/Background:
An opportunity has arisen to join Greenbacker’s Accounting team. The role will supervise and have the support of one Staff Accountant and will report directly to a Senior Manager. The selected individual will oversee the accounting and financial reporting functions related to Greenbacker’s structured financing activities. The role can be either remote or hybrid based in our Portland, Maine, Montpelier, VT or New York City, NY office, depending on the successful candidate.
Key Responsibilities:
- Oversee the accounting for new debt financing, tax equity financing, and interest rate swap arrangements; including their recognition in the Company’s financial statements in accordance with US GAAP.
- Effectively oversee the contributions and develop the skills of their supervisee (Staff Accountant)
- Assist with month, quarter, and year-end close procedures related to the Company’s financing arrangements and interest rate swaps; including, preparing complex areas, reviewing workpapers as prepared by the Staff Accountant, and ensuring work papers and documents support the trial balance.
- Reviewing and understanding various financing agreements related to the Company’s debt and tax equity financing activities.
- Ensure the satisfaction of requests from external auditors in fulfillment of the year-end financial statement audit process.
- Collaborating with colleagues to ensure accounting procedures comply with US GAAP and internal controls are followed.
- Assisting with cross-department projects, and other ad hoc initiatives.
- Demonstrate strong organizational skills and seize opportunities to improve efficiency and work quality in a changing landscape.
Education and Experience:
- Bachelor’s degree or higher in Accounting is required.
- 3+ years of experience in accounting is preferred.
- Supervisory experience of one or more employees is preferred.
- Proficiency with Oracle ERP or similar accounting software (e.g. Quickbooks, Netsuite) is preferred.
- Exposure to financial institutions (i.e. commercial lending) is a plus.
- Familiarity with data processing tools such as Power BI and treasury software such as G-Treasury is a plus.
- Strong organizational, verbal, and written communication skills.
- Participation in the buildout of scalable processes is preferred.
- Analytical and detail-oriented mindset.
- Highly motivated, results-oriented, and possesses a strong sense of ownership.
- Medical: 5 United Health Care Oxford options
- Dental: Guardian – two options
- Vision: Guardian / VSP – one option (100% employee paid)
- Life and AD&D: Short term and long-term disability (both 100% employer paid)
- Retirement/401(K): ADP/Voya with 50% match up to 6% of salary
- Other: Medical and dependent care / Health Savings Accounts, Pre-tax commuter benefits through Optum
- Time Off: 20 days paid time off, 7 sick days a year, 32 hours of VTO a year.
- Family Building: Coverage for infertility, adoption, surrogacy, and 16 weeks of family leave for eligible employees.
