What are the responsibilities and job description for the Associate, Accounting - Private Equity position at LS Power Development, LLC?
Overview
About LS Power:
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Additionally, LS Power Grid operates six transmission utilities, serving more than 185 million people, and has built 780 miles of high-voltage transmission, with 350 miles and multiple grid infrastructure projects currently under construction or development. LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $60 billion in debt and equity capital to support North American infrastructure. For information, please visit www.LSPower.com.
Our Purpose, Mission, & Values:
Our Purpose is to solve complex energy problems that improve the world
Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem
Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership
Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.
Benefits
We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.
About the Role:
We are currently searching for an associate to join our accounting Private Equity team based out of East Brunswick, NJ. This person will be responsible for preparing quarterly work papers for the funds. This will include Journal entries, as well as preparing quarterly investor capital account statements.
Responsibilities
What you will do:
- Prepare quarterly investor capital account statements.
- Prepare expense payments.
- Manage tracking and saving monthly bank statements, portfolio company reporting and communications.
- Cash Reconciliations– manage cash availability, monitoring incoming/outgoing wires/payments and incoming/outgoing capital call/distribution payments.
- Prepare investor contact recs for investor communications.
- Assist with sending investor communications via our online investor communication platform and run/analyze delivery reports.
- Assist with annual audit by gathering support documents.
- Prepare intercompany reimbursement invoices.
- Ad hoc projects assigned by supervisor.
Qualifications
We want you on our team because you…
- A Bachelor’s degree in accounting, or a bachelor’s degree in business with emphasis in accounting.
- 0 GPA depending on school.
- 0- 2 years of experience in accounting. Private Equity and Public accounting experience a plus.
- Previous experience processing wires and checks.
- CPA Candidate preferred.
- Must have very good communication skills both written and verbal.
- Attention to detail.
- Work well independently and within a team atmosphere.
- Self-starter, with ability to operate effectively with limited supervision.
