Project Accountant

Project Accountant - Job Description

Location: Chicago, IL

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets . Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of nearly 1,400MW / 2,800 MWh in operations or under construction in the U.S., with a leading pipeline of over 12,000 MW in active development .

The Role

Jupiter Power is looking to grow its financial operations team with the addition of a Project Accountant . The Project Accountant will report to the Director of Accounting Operations and be responsible for accounting across a portfolio of projects and operating entities, supporting both transactional and analytical functions.

This role will be based out of our Chicago, Illinois office and is subject to the Company’s return-to-office policy which currently requires employees to come in a minimum of three days per week.

Responsibilities

• Take full ownership of preparing journal entries across multiple GL accounts, including cash, prepaids, inventory, and revenue for a selection of operating or development and construction projects and the associated entities. 


• Independently prepare and reconcile monthly and quarterly GL account activity, ensuring accuracy and completeness. 


• Lead the review and analysis of monthly project trial balance activity, proactively identifying and explaining key variances, and proposing reclassification entries to correct miscoding of costs. 


• Reconcile multiple cash accounts daily to accurately post AR and AP invoices 


• Review AP invoices to ensure correct coding, identify discrepancies, and propose reclassifications as needed. 


• Work closely with the Accounts Payable team to provide training to increase the accuracy of cost and payment recording. 


• Perform an essential role in month-end close. 


• Provide support for financial audits – including PBCs documentation, auditor coordination.


• Assist with debt covenants requirements such as draw requests. 


• Perform administration tasks for various accounting systems.


• Perform other ad hoc duties as requested.

Qualifications:

• Strong organizational and interpersonal skills – able to work effectively in a team environment and being attentive to timelines .

• Proven ability to manage competing priorities in a high-volume and high-growth environment.

• Solid understanding of GAAP and ability to analytically assess the GL and propose journal entries.

• Proficiency in Microsoft Office ( Excel, Outlook, and Word )is .

• Experience working at a multi-site organization preferred.

• Ability to meet monthly, quarterly , and annual deadlines .

• Desire to understand data, systems, and improve processes

• Curiosity to dig into details for discrepancies and propose solutions to resolve them

• Must have h igh attention to detail, accuracy, and integrity.

• Willingness to take ownership and initiative to be to be effective within a highly motivated, fast - moving team.

• Experience in the renewable energy industry preferred.

• Familiarity with Sage Intacct, Corpay , and/or Expensify ( or similar platforms )is preferred.

Required Education &Experience

• Bachelor’s degree or higher education in A ccounting from an accredited college or university

• 3-5years of experience including corporate accounting

• Advanced Excel skills – pivot tables, lookup functions, creating organized schedules/models

Physical Requirements and Environment

This role is office-based with limited travel required. Candidates must be willing and able to work in a Jupiter Power office a minimum of three days per week. Candidates will be required to sit or stand for extended periods of time and must be able to lift up to ten pounds repetitively.

Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment.

Compensation & Benefits

$95,000 - $105,000

This pay range reflects the minimum and maximum target salary for the position. Jupiter Power considers a number of factors when determining starting compensation such as the position requirements and the candidate's qualifications.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs. Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.

Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.