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Full-Time

Accounting Analyst

Consolidations Accounting

Updated on 10/17/2024

Clearway Energy

Clearway Energy

51-200 employees

Develops and operates renewable energy projects

Energy

Compensation Overview

$56k - $76kAnnually

+ Annual Cash Bonus

Entry

No H1B Sponsorship

Scottsdale, AZ, USA

Hybrid role requiring in-office presence on Tuesdays and Thursdays.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
SAP Products
Data Analysis
Requirements
  • Bachelor’s degree in Accounting, Finance, or another related field is required.
  • 0-2 years of professional work experience in accounting and/or financial reporting.
  • Working knowledge and a general understanding of U.S. GAAP.
  • Ability to collect and analyze information, problem-solve, and make suggestions aimed to refine and improve systems and processes.
  • Ability to create and manipulate spreadsheets with large data sets.
  • Ability to understand the Renewable Energy industry and apply the understanding to reported results to increase awareness of potential issues or unusual items.
  • Knowledge of accounting/reporting software, preferably SAP (SAP R/3 a plus), Hyperion Financial Management, and/or OneStream, as well as advanced Excel skills.
  • Project management and organization skills with a demonstrated ability to navigate in a fast-paced environment with tight deadlines.
  • Ability to set priorities and respond quickly to changing demands from multiple sources.
  • Ability to observe and identify key details.
  • Can develop and maintain cross-functional business partnerships with professionalism, as well as work independently.
  • Excellent written, verbal, and interpersonal communication.
  • Strong willingness to learn new skills and information.
Responsibilities
  • Prepare Clearway (CEG) enterprise model to be distributed to external shareholders on a monthly basis.
  • Conduct a mid-month analysis on a quarterly basis.
  • Process SAP in-house cash activities monthly.
  • Ensure accurate and timely preparation of monthly wires, recording journal entries, resolving outstanding/unmatched items promptly, and preparing invoices to external parties.
  • Perform miscellaneous accounting functions necessary to achieve an accurate and timely general ledger month-end close.
  • Responsible for compliance with Sarbanes Oxley internal controls, process flow, supporting documentation, risk assessments, and monthly/quarterly certifications.
  • Assist with preparing client deliverables for external audits and any follow-up requests for additional support or related corrective action.
  • Assist with ad hoc requests from other departments as assigned.
  • Assist with special projects as requested.

Clearway Energy Group focuses on developing and operating renewable energy projects, particularly in solar and wind energy, across the United States. The company manages over 350 projects, including large-scale solar and wind farms, as well as community solar initiatives. Their operations are designed to serve large energy consumers like utilities and corporations that are transitioning to renewable energy sources. Clearway generates revenue by selling electricity produced from its projects through long-term power purchase agreements (PPAs), which provide a stable income stream. What sets Clearway apart from competitors is its extensive portfolio and commitment to high safety and performance standards, supported by a skilled team with deep industry experience. The company's goal is to facilitate the shift towards clean energy, reducing carbon emissions and promoting sustainable energy solutions.

Company Stage

Private

Total Funding

$1.6B

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

32%
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Simplify's Take

What believers are saying

  • Clearway's recent completion of a 452 MW solar complex in Texas demonstrates its capability to execute large-scale projects successfully.
  • The company's ability to secure significant financing, such as the $174 million for the Dan's Mountain wind farm, highlights its strong financial health and investor confidence.
  • Clearway's partnerships with diverse brands and corporate buyers, like Toyota Boshoku America and Ever.green, enhance its market reach and credibility.

What critics are saying

  • Leadership changes, such as the recent appointment of a new CEO, can lead to strategic shifts and potential instability.
  • The renewable energy sector is highly competitive, and Clearway must continuously innovate to maintain its market position.

What makes Clearway Energy unique

  • Clearway Energy Group's extensive portfolio of over 350 renewable energy projects, including utility-scale and community solar projects, sets it apart from competitors with less diverse offerings.
  • The company's focus on long-term power purchase agreements (PPAs) ensures a stable and predictable revenue stream, unlike competitors who may rely on more volatile market conditions.
  • Clearway's stringent evaluation criteria for EPC partners ensure high safety and performance standards, distinguishing it from competitors with less rigorous standards.

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