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$82k-100k (estimate)
1 Week Ago
Senior Accountant / Treasury Analyst
$82k-100k (estimate)
Full Time 1 Week Ago
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TDI - a Blackstone Portfolio Company is Hiring a Senior Accountant / Treasury Analyst Near Philadelphia, PA

Company Overview:

TDI-USA Holdings, LLC (d/b/a “Transmission Developers” or “TDI”) develops unique clean energy transmission projects in an environmentally responsible manner. Our projects use proven high-voltage direct current (“HVDC”) cable technology to link renewable generation resources with markets that are seeking new sources of clean power. By installing our projects underground or underwater, TDI avoids the negative impacts of overhead transmission and increases the electric grid’s safety and reliability while providing hardened infrastructure that is less susceptible to damage from natural disasters.

TDI is a portfolio company of Blackstone Inc., a global leader in alternative asset management. Additional information on Blackstone can be found at www.blackstone.com.

Landmark Project – Champlain Hudson Power Express:

In response to New York State’s ambitious transition from fossil fuel to clean energy, TDI designed and developed the Champlain Hudson Power Express (“CHPE”), which will play a key role in New York State’s energy transformation, lowering greenhouse gas emissions, creating jobs, and generating billions of dollars in new investment in New York’s economy. CHPE is an approximately 339-mile transmission line that will deliver 1,250 MW (enough to power over 1 million homes) of renewable hydropower from the U.S.-Canadian border directly to New York City. The HVDC buried line will travel underwater through Lake Champlain, the Hudson and Harlem Rivers, and underground primarily within railroad and road rights-of-way until it reaches Astoria, Queens, where clean energy will ultimately be distributed onto the New York City power grid. A map of the project’s route in New York State is attached hereto.

Further information can also be found at www.chpexpress.com.

Position Summary:

TDI is currently seeking a Senior Accountant / Treasury Analyst to perform a wide array of responsibilities that are critical to the success of its financial operations. This Senior Accountant / Treasury Analyst will play a key role in managing TDI’s accounting functions and treasury activities. With minimum required supervision and/or oversight, this role executes specific tasks, ensures the accurate recording of financial transactions, manages the month-end closing process, participates in the management of the controls environment and oversees liquidity forecasting.

Required Experience and Skills:

  • Excellent organizational, time-management, and communication skills.
  • Ability to establish and maintain effective work relationships and communicate effectively with the general public, stakeholders, contractors, and other employees.
  • Bachelor’s degree in Accounting, Finance, or a related field. CPA or CMA certification preferred.
  • Four (4) or more years of experience in accounting and finance roles, including:
  • General ledger and financial statement preparation
  • Cash management and treasury functions
  • Fixed asset and lease accounting
  • Internal controls and audit coordination

Demonstrated Experience with:

  • Month-end closing processes
  • Bank reconciliations and accounts payable
  • Financial forecasting and budget management
  • Debt financing and interest rate swaps
  • Strong Knowledge of:
  • Accounting principles and standards (GAAP, ASC 606)
  • Financial reporting and analysis
  • Regulatory requirements and compliance

Essential Functions:

Accounting Operations:

  • Oversee or assist with daily accounting operations of the company’s four entities, including cash management, accounts payable, and general ledger activities.
  • Ensure timely and accurate recording of all financial transactions.
  • Manage month-end closing process and lead weekly payment runs.
  • Reconcile bank statements and accounts, investigating any discrepancies.
  • Lead fixed asset and lease accounting processes and calculations.

Internal Controls and Financial Reporting:

  • Review and update internal control policies and procedures to reflect changes in the business environment and regulatory landscape.
  • Lead, maintain, and coordinate all internal control documentation.
  • Assist in preparation of quarterly and year-end financial statements for all entities.
  • Maintain and monitor the monthly Budget and Forecast report for the construction team.
  • Assist with audit, primarily through leading data room management and initial fielding of all requests.
  • Work with the tax group to deliver needed information for quarterly estimates and annual returns.
  • Perform accounting research over existing topics as well as new issues (e.g., upcoming ASC 606 analysis when the project is operational).
  • Lead New York State reporting initiatives.

Treasury Functions:

  • Monitor interest rate swaps, confirming net interest rates and settlement amounts with banks on a monthly basis.
  • Initiate and coordinate parties for the monthly debt draw process, recommending amounts of debt to issue.
  • Lead liquidity forecasting and propose the size and duration of short-term investments of excess cash.
  • Assist in ad hoc financial analysis around debt financing.

Ad Hoc Projects:

  • Engage in ad hoc projects as they arise, providing financial insights and recommendations.

Work Location: Remote in the Philadelphia, PA or Albany, NY areas, with in-office presence two to three times a month as meetings mandate.

Salary Range:

  • Base: $120,000 - $140,000 bonus

Benefits:

  • Entire Premium Paid by Employer (Medical/Dental/Vision) 0% Employee Funded
  • 4% 401-K Match

How To Apply: For interested applicants, please apply via email to careers@tdi-usa.com with your resume.

Job Summary

JOB TYPE

Full Time

SALARY

$82k-100k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

07/21/2024

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