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Senior Accountant
Department: Accounting and FP&A
Location: Remote
About Lydian Energy
Lydian is a newly established renewable energy development company specializing in the development and construction of utility-scale solar and battery energy storage system (BESS) projects in North America. Lydian owns 9 development assets, consisting of both solar and storage, with several expected to reach NTP during 2024-2025. Lydian also has a significant existing pipeline of additional projects.
Lydian is backed by Excelsior Energy Capital (“EEC”), a leading private equity fund manager with more than $1.0 billion in assets under management, that is exclusively focused on north American middle market renewables investing. Through its relationship with EEC, Lydian has access to (i) a specialized team of value-add investor-operators with decades of renewables development, construction, and transaction experience, (ii) committed discretionary equity capital, strong relationships with debt and tax equity investors, and deep experience structuring tax equity and project financings, and (iii) a mature and proprietary financing and procurement strategy that significantly enhances expected project returns.
Lydian is building a team of seasoned renewable energy and energy infrastructure professionals with deep expertise in project development, construction, financing, and M&A. This is an opportunity to get in on the ground floor at a fully capitalized development platform, build a tier-one renewables business with exceptional partners, and make meaningful contributions to the energy transition.
Job Scope
As a Senior Accountant, you exemplify a strong blend of financial acumen and strategic insight. You are responsible for overseeing the accuracy and integrity of financial reporting for Lydian, ensuring compliance with accounting standards and regulations. Your expertise in financial analysis and budgeting supports decision-making and drives organizational success.
Essential Functions
Track and record daily transactions for the Lydian Energy development company and all project companies. This includes general ledger, accounts payable, accounts receivable, and payroll.
Close the monthly accounting book for Lydian Energy and subsidiaries, ensuring accuracy and timeliness.
Process invoices for payment in the Sage Intacct accounting system.
Work closely with the accounting and finance teams to set up properly approved new vendors and make vendor payments through the banking portal.
Process Ramp payments for employee T&E (travel, etc..).
Prepare the monthly account reconciliations package for review by Assistant Controller and Controller.
Work closely with the Head of FP&A on monthly cash forecasting and variance analysis reporting of both project and G&A activity.
Support the annual audit process, providing requested support of transactions and answering auditor questions.
Assist in the preparation of financial statements for Lydian Energy and subsidiaries for internal and external customers of the accounting department.
Additional duties relevant to a role of this nature
Ensure compliance with all relevant accounting standards, regulations, and legislation.
Assist in the development of efficient and effective accounting policies, procedures, and internal controls.
Be a key member of the Sage Intacct transition team, working to establish the new ERP system for the company.
Collaborate with cross-functional teams in recording and analyzing financial transactions.
Qualifications
Bachelor's degree in accounting or finance.
CPA is a plus.
At least 5 years’ experience as a senior accountant or similar role handling a monthly close schedule.
Renewables Development or Construction industry experience is a plus.
Good knowledge of generally accepted accounting principles (GAAP) and financial reporting standards.
Detail-oriented with strong analytical skills and attention to detail, and ability to work independently and cross-functionally.
Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels of the organization.
Equal Employment Opportunity
We are committed to equal-employment principles and are dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender identity or expression, religion, physical or mental disability, medical condition, legally protected genetic information, marital status, veteran status, military status, sexual orientation or any other protected category or class that may be applicable.
Contact
If you are reading the above and you are interested in the role, please submit your resume to careers@lydianenergy.com. We would love to learn more about you!