Full-Time

Technical Accounting Manager

Posted on 7/4/2025

New Fortress Energy

New Fortress Energy

501-1,000 employees

Global LNG-based energy infrastructure provider

No salary listed

New York, NY, USA

In Person

Category
Accounting (3)
, ,
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • BS or Master’s degree in Accounting; CPA required
  • 5+ years of accounting experience, preferably including experience with a Big 4 accounting firm or relevant industry technical accounting experience
  • Accounting advisory and/or US GAAP public company experience preferred
  • Demonstrated ability to quickly assess the accounting and reporting implications of complex transactions
  • Demonstrated ability to research technical accounting matters and prepare well-written memorandums and presentations articulating these matters
  • Strong knowledge of lease accounting, revenue recognition, debt accounting, fixed asset accounting, and accounting for business combinations, divestitures and impairments
  • Must possess excellent verbal, written and interpersonal skills
  • Must bring a firsthand, action-oriented approach with the ability to prioritize and deliver timely results in a fast-moving environment with a wide variety of strategic initiatives
  • Driven, confident individual who is comfortable working independently while actively seeking guidance when necessary
  • Must possess strong experience using SharePoint, Teams, Microsoft Word, PowerPoint, and Excel
  • Experience using Workiva software is preferred
Responsibilities
  • Research and document the US GAAP accounting and SEC reporting impact of new or complex transactions in the form of white papers; collaborate with the accounting team to ensure accurate financial reporting
  • Partner with cross-functional teams as part of the operational and technical implementation of new agreements or transactions
  • Review lease contracts and document the appropriate accounting treatment under ASC 842
  • Direct interaction with external auditors, including key contact for technical accounting determinations and policy changes
  • Assist with the adoption of new accounting standards and company policies as well as assessing the accounting impact and developing new workpapers and processes
  • Draft and review new accounting policies or update existing policies and assist with the development and presentation of internal training materials for functional teams within the company and foreign reporting entities
  • Lead the accounting for business combinations, divestitures and impairments, including coordination with valuation professionals and ensuring that all complex accounting matters are appropriately documented
Desired Qualifications
  • Experience in the energy industry or related sector preferred
  • Experience with SAP or ERP systems

New Fortress Energy provides integrated gas-to-power energy infrastructure with turnkey LNG solutions and power generation. It handles the full natural gas value chain, from procurement and liquefaction to shipping, logistics, and building and operating terminals, plants, and pipelines, then selling gas-fired power under long-term contracts. The company differentiates itself by owning and managing the entire supply chain to offer end-to-end, bundled services in emerging markets such as Latin America and the Caribbean. Its goal is to deliver cleaner, affordable, and reliable energy by expanding gas-based power through integrated infrastructure and long-term partnerships.

Company Size

501-1,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Nicaragua Puerto Sandinao LNG terminal commissions in October 2026 for new revenue.
  • $265.9M turbine sale-leaseback to Macquarie on April 1, 2026 boosts liquidity.
  • $50M Brazil bridge loan secured in May 2026 enhances operational stability.

What critics are saying

  • Nasdaq delists shares by October 28, 2026 unless bid price hits $1 for 10 days.
  • Ernst & Young flags going concern doubt in April 13, 2026 10-K amid $9B debt.
  • Brazil unit spins off to investors by Q3 2026, stripping parent of key assets.

What makes New Fortress Energy unique

  • New Fortress Energy integrates full natural gas chain from liquefaction to power generation.
  • Company delivers turnkey LNG solutions to emerging markets in Caribbean and Latin America.
  • Focuses on replacing oil with cleaner LNG via owned import terminals and power plants.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

401(k) Retirement Plan

Commuter Benefits

Company News

Blogarama
Apr 8th, 2026
New Fortress Energy secures $265.9M in turbine sale-leaseback to boost liquidity

New Fortress Energy has completed a $265.9 million sale-leaseback transaction involving its power generation turbines. The deal allows the company to unlock liquidity from physical assets whilst maintaining operational control through a lease agreement. The transaction provides immediate cash flow for the LNG and power generation company, which can be deployed for project development, debt reduction or operational needs. The arrangement shifts assets off the balance sheet to a lease obligation, improving capital allocation efficiency without disrupting operations. This asset-light strategy enables New Fortress Energy to accelerate growth without significant shareholder dilution or high-interest corporate debt. The move demonstrates proactive financial management as the company expands its global LNG infrastructure footprint. The terms of the leaseback and deployment of proceeds will be key factors for investors to monitor.

TradeWinds
Mar 18th, 2026
New-look New Fortress plans to fire up Nicaragua LNG terminal this year.

New-look New Fortress plans to fire up Nicaragua LNG terminal this year. 'Truly new company' set to emerge from large debt restructuring, CEO says * TradeWinds correspondent * London Published 18 March 2026, 09:30 US-listed New Fortress Energy is aiming to fire up a floating storage and regasification unit-based LNG import terminal in Nicaragua under its large restructuring plan unveiled on Tuesday. Speaking on an "informational call" today, New Fortress Energy chairman and chief executive Wes Edens said the marine infrastructure is under development and commissioning of the 3 million tonnes per annum terminal in Puerto Sandinao is expected to start in October 2026.

Yahoo Finance
Mar 13th, 2026
New Fortress Energy faces $9B debt crisis as creditors negotiate restructuring

New Fortress Energy, a global liquefied natural gas company, is facing severe financial distress that poses significant risks to investors. The company has accumulated nearly $9 billion in debt, with $6.5 billion due within one year, whilst burning through cash at an alarming rate of $1.73 billion in negative free cash flow over the trailing 12 months. New Fortress is already behind on approximately $500 million in payments and is currently in forbearance whilst negotiating with creditors to avoid default. The proposed restructuring would see creditors receive preferred equity and significant assets, with no guarantee that common shareholders would retain any value. Despite some positives, including a seven-year Puerto Rico contract and strong global LNG demand, the company's $300 million market capitalisation reflects the precarious situation facing existing and potential investors.

TradingView
Dec 19th, 2025
New Fortress Energy secures forbearance on missed loan payments, amends financing terms with major lenders

New Fortress Energy has entered into two short-term forbearance agreements and executed three financing amendments with major lenders following missed interest payments on its Term Loan A and Term Loan B facilities. The forbearances, effective through 9 January 2026 unless terminated earlier, temporarily prevent debt acceleration whilst the company explores further relief or restructuring options. Amendments to the Letter of Credit, Revolving Credit Facility and Term Loan A add cross-defaults tied to the forbearances and impose tighter restrictions on dividends, new debt, asset sales, intercompany transfers and investments. If the forbearances lapse or terms are breached, lenders may accelerate debt or require cash collateral for letters of credit, potentially triggering broader restructuring actions.

Secured Finance Network
Aug 18th, 2025
New Fortress Energy Amends Credit Facility, Extends Maturity to November

New Fortress Energy Inc. (NASDAQ:NFE) announced Thursday it has entered into the Ninth Amendment to its Uncommitted Letter of Credit and Reimbursement Agreement with Natixis, New York Branch, and other lenders. The amendment, signed August 8, changes the facility from uncommitted to committed status and extends the maturity date to November 14, 2025. According to InvestingPro data, the company operates with a total debt of $9.63 billion and a concerning debt-to-equity ratio of 5.51x.

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