Financial Reporting Analyst

NY Houston Minneapolis Oakland San Diego, CA

Hybrid (3 days in offices)

Skills: Financial Reporting, Consolidation Analyst, Financial, Consolidation, Financial Statements, Business Objects Financial Consolidation, BOFC, Balance Sheet, P&L, Profit and Loss, PnL, Cash Flow Statements, SAP, Flows, Cost Centers, Debt, Tax, Treasury, FCPA, Account, Development, Construction, Divesture, Supply, Valuations, IFRS, Memo Preparation, Corporate Finance, Cashflow Analysis, Renewables, Energy, Hyperion Financial Management, HFM, ERP, US GAAP, Financial Transactions, Complex Financial Transactions

Experience level:

 Mid-senior

Experience required:

 5 Years

Education level:

 Bachelor’s degree

Job function:

 Finance

Industry:

 Renewables & Environment

Compensation:

 $91,000 – $110,000 

Total position:

 1

Relocation assistance:

 No

Visa sponsorship eligibility:

 No

Job Description:

• EDF Renewables North America is a market-leading independent power producer and service provider with over 35 years of experience. We deliver grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distribution-scale power: solar and storage; asset optimization: technical, operational, and commercial expertise to maximize the performance of generating projects, and onsite solutions, through the Company’s PowerFlex affiliate, offering a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids.
• The individual will oversee the consolidation of the EDF Renewables financial statements in Business Objects Financial Consolidation (BOFC) under the supervision of the Sr. Manager, Financial Reporting and Consolidation. The individual will apply his/her knowledge of concepts, practices, and procedures, and will work as part of the Consolidation Department. He/she will understand and assist in meeting the needs of the Corporate Consolidation Department at the parent company EDF Renouvelables in Paris, France. This position works closely with members of the EDF Renewables FCPA, Accounting, Tax, Treasury, the Executive Management team, our French parent-company EDF Renouvelables and their corresponding KPMG auditors.

Responsibilities:

• Manage and own all deliverables and complex financial transactions related to the consolidation of the assigned Segment(s) or assigned by Sr. Manager.
• Manage and own preparation of analytical reviews and corresponding analysis for Balance Sheet, P&L, and Cash Flow Statements for the assigned Segment(s).
• Validate and upload SAP estimate and actual data into BOFC, oversee and validate the breakdown of flows, cost centers, debt, intercompany, and clearing of controls for the Segment. Expected to train junior members of team on process.
• Collaborate with the Corporate Finance teams (tax, treasury, FCPA and account) and other business team (Development, Construction, Divesture, Supply, Valuations, etc.) to anticipate and generate proper accounting/consolidation entries for potential and actual operations.
• In charge of IFRS subjects/standards, memo preparation, report impact analysis or transversal studies on standards, and prepare training for members of the Corporate Finance Group as necessary.
• Manage Cashflow analysis and data requests from internal and EDF Renouvelables Management.
• Primary contact for KPMG auditors for the assigned segment and preparation of necessary schedules, support and communication.
• Communication with Paris.
• Other duties as assigned.

Working Conditions:

• 100% of time is spent in an office environment utilizing computers (frequent use of various Microsoft software/programs), phones, and general office equipment. Hybrid office schedule (San Diego, CA or other regional office).

Qualifications:

• Education/Experience –
• 5 years of accounting experience preferred; consolidation is a plus.
• Bachelor’s degree in accounting and/or Finance or equivalent experience required.
• Skills/Knowledge/Abilities –
• Preferred experience in Renewables/Energy sector in an international environment.
• Ability working with Business Objects Financial Consolidation (BOFC) or Hyperion Financial Management (HFM) software preferred. SAP/ERP experience is highly preferred.
• Experience with Microsoft Office Suite must possess particularly strong Excel skills and be knowledgeable in Word and Outlook.
• Must be able to demonstrate that he/she can work independently but also work as part of a team. Must be self-motivated, well organized and a demonstrated problem solver. Strong communication skills are required.
• Must be able to demonstrate an understanding of US GAAP and IFRS.
• Demonstrated ability to perform necessary accounting and consolidation research and analysis of complex financial transactions and preparation of comprehensive memorandums of process and approach.
• Experience working with teams, leading projects, and collaborating with other functions to solve complex business issues.

Job insights

• Accounting Experience:
• Minimum of 5 years in accounting, preferably with a focus on financial consolidation.
• Technical Proficiency:
• Experience with SAP for data mining and analysis.
• Strong proficiency in Microsoft Excel.
• Industry Experience:
• Renewable energy experience is preferred, but experience in the broader energy sector is acceptable.
• Accounting Standards Knowledge:
• Solid understanding of US GAAP and IFRS standards.
• Analytical Skills:
• Ability to perform analytical reviews for Balance Sheets, P&L, and Cash Flow Statements.
• Experience with complex financial transactions and consolidation processes.
• Communication Skills:
• Strong verbal and written communication skills.
• Ability to work independently and collaboratively in a small team setting.
• Education:
• Bachelor’s degree in Accounting, Finance, or a related field (or equivalent experience).
• Availability:
• Willingness to work a hybrid schedule (3 days in-office) in San Diego, Houston, Oakland, MN, or Brooklyn.
• Software Experience:
• Experience with Business Objects Financial Consolidation (BOFC) or Hyperion Financial Management (HFM) is highly desirable.

• Advanced Technical Skills:
• Familiarity with lease accounting and operational/production accounting.
• Additional Software Skills:
• Experience with additional ERP systems or financial reporting tools.
• International Experience:
• Experience communicating or working with international teams, especially in a corporate setting.
• Leadership & Mentorship:
• Experience training or mentoring junior staff.
• Languages:
• Proficiency in French for communication with the Paris team.

• Team Dynamics:
• The team is small, with five members, emphasizing collaboration and close-knit working relationships. The team supports each other, especially during high-pressure reporting periods.
• Training & Onboarding:
• Onboarding is flexible and can be tailored to the new hire’s learning style. Remote training includes written instructions, videos, and live walkthroughs.
• Company Culture:
• EDF Renewables fosters an inclusive and supportive environment, promoting renewable energy and sustainability. The team values adaptability and teamwork, providing opportunities for professional growth and development.
• Work Environment:
• Hybrid work structure with flexibility for remote work as needed. Communication with the parent company in Paris is required quarterly but primarily managed by senior team members.
• Compensation & Benefits:
• Competitive salary range of $90K to $115K with a 0(ZERO) to 10% target bonus.
• Comprehensive health benefits, 401k with immediate vesting, and paid parental leave.
• Opportunities for continuous learning and development through mentorship and training programs.
• These insights provide a concise yet comprehensive overview to help recruiters effectively communicate the requirements and opportunities of the role to potential candidates. Let me know if you need further adjustments or additional details!
• Interview Process:
• Initial Screening
• Interview with Hiring Manager
• Final Round Interview (If applicable)