The Company

Cypress Creek Renewables (CCR) is powering a sustainable future, one project at a time. CCR is a leading clean-tech company, which develops, finances, owns and operates utility-scale and distributed solar and storage projects across the country. The company was recently acquired by a large, publicly traded private equity firm and is ramping up its financing activities to support increased growth of its development and M&A platforms. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us.

Overview

This Senior Project Accountant will handle all the accounting functions for various Fund- and Project-level entities and will produce accurate and timely quarterly financial statements and monthly financial reports as required. The hire should be able to perform full cycle accounting functions within their assigned entities. These functions include maintenance of accounts receivable, management of cash payments, lease accounting, debt service, calculation of preferred returns for investors, financial account reconciliations and various other cash and reporting activities. The Senior Project Accountant will work closely with Asset Management and the Accounting Manager to effectively manage the accounting and report on various funds and their projects to investors and management. This role involves applying a broad range of accounting including general ledger, treasury operations, account reconciliations, creation of excel schedules, and performance of complex consolidated financial statements.

The Senior Project Accountant will have ability to help develop and implement policies, procedures, and other best practices with the assistance of the accounting manager. There are no direct reports with this role, but may be asked to help review project accountant’s assignments and assist with training.

The Senior Project Accountant must be comfortable working independently and a hybrid schedule.

Responsibilities

• Prepare supporting documents and record complex journal entries in areas such as, but not limited to cash, prepaids, accrued expenses, deferred revenue, leases, debt, interest rate swaps, various operating expenses and revenues, investment and equity
• Record and reconcile inter-company activity, including inter-company payables, receivables, investments, and lease payments
• Prepare reconciliations for Balance Sheet related accounts
• Manage and record flow of fund requests for funds
• Run ad hoc analysis and detail as required
• Understand and record eliminating journal entries for intercompany activities and prepare consolidated financial statements for investors, lenders and management
• Preparation and review of various reports including but not limited to net cash flow and debt service coverage ratios
• Prepare annual audited financial statements and footnotes, and work with independent auditors to provide support for the annual audit process
• Onboard new funds, including performing cost segregations to determine fixed assets

• Handles various other duties as assigned by the Accounting Manager

  Minimum Qualifications

• Required: Bachelor’s degree in Accounting OR Bachelor’s degree in Finance, Business or closely related field if applicant is a CPA or is eligible to sit for the CPA examination based on educational requirements.
• Minimum of four (4) years of progressively responsible experience working in accounting, finance, or a closely related field required
• Intermediate to advanced excel skills including but not limited to the ability to use Sumifs, vlookups, pivot tables, and other basic excel functions
• Certified Public Accountant (CPA) is a plus, but not required
• Understanding of solar tax-equity structures or experience performing full cycle fund accounting (solar or otherwise) is a huge plus.
• Working knowledge of Microsoft Office (Excel, Word, Outlook) required

Skills/Abilities

• Excellent Excel and modeling skills
• Excellent verbal and written communication, planning, analysis and organizing skills
• Strong leadership, appraisal, relationship management, and problem-solving skills
• Must be able to multi-task and strong organizational skills are a must for this role
• Must be able to use discretion and independent judgement
• Must be able to implement process improvement changes
• Must be able to work in a team environment
• Must be able to pay close attention to details
• Must be able to adapt and flex to a changing environment
• Solar industry fund accounting is teachable, but requires an eagerness to learn and advance your knowledge and skill, and upon hire, requires proficiency in accounting including debits, credits, creation of complex schedules and journal entries, creation of consolidated financial statements and footnotes, and other items discussed herein.

Preferred Locations

• Asheville, NC
• Durham, NC

A note to Recruiting Agencies Cypress Creek Renewables Human Resources team does not accept unsolicited resumes from third party recruiters, staffing firms, or related agencies. The Human Resources team coordinates all recruiting and hiring at our company. We do not accept resumes from third-party recruiters unless authorized by the Human Resources team and if a signed agreement is in place. Any unsolicited resumes will be considered property of CCR and we are not responsible for any related fees. All communication related to recruiting partnerships should ONLY be directed to the Human Resources team.

Cypress Creek Renewables is an equal opportunity employer and considers all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. We are committed to providing a workplace that is inclusive and values diversity, and we encourage candidates from all backgrounds to apply.