Accounting & Finance Manager - US Renewable Energy Operations

Overview

Accounting & Finance Manager - US Renewable Energy Operations

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonize.

Lightsource bp was fully acquired by bp in 2024.

Finance Manager, US Operations will have responsibility for the delivery and oversight of all financial reporting and related controls in respect of a defined portfolio of US operational solar sites. Leading a team of two direct reports, Finance Manager, US Operations will represent the key ARC contact for numerous internal and external stakeholders, including Investment Management, Asset Management and external joint venture partners.

• Accurate and timely financial reporting in accordance with IFRS and US GAAP
• Implementation and maintenance of strong financial control environment
• Business partnering and support of internal and external stakeholders
• Team development

• Oversight and ownership for all financial reporting and related control processes in respect of a defined portfolio of operational solar sites
• Responsibility for accurate and timely completion of all required month-end close activities related to defined portfolio
• Produce monthly management accounts in accordance with IFRS and US GAAP, and related commentary to facilitate understanding of asset performance
• Independently review, understand and interpret financial reporting for defined portfolio, and present results each month in the execution of month-end review processes
• Ownership of balance sheet integrity including maintenance of the general ledger
• Ensure all underlying accounting records are maintained in accordance with business policies
• Drive the implementation and maintenance of Internal Controls for Financial Reporting (ICFR)
• Work closely with internal stakeholders to ensure all relevant information requests are delivered accurately and within agreed timescales
• Co-ordinate and prioritise activities of direct reports, ensuring timely and accurate completion of financial reporting activities

• Maintain close and effective relationships with all relevant stakeholders, including:
• Asset Management to understand events or conditions arising at the solar site and consider their potential accounting implications (e.g., severe weather impacts, site malfunctions, or major repairs), and explain financial performance
• Investment Management to understand and deliver lender and/or investor requirements and agreements, including debt and hedging arrangements as well as financial reporting requirements
• Power Marketing team to understand and interpret revenue contracts
• Gain an understanding of the differing transmission markets and their impacts on revenue agreements and other solar site operations
• Work closely with Group Reporting and Technical Accounting to communicate, assess and implement necessary accounting processes or transactions related to complex and non-routine arrangements
• Proactively manage and promote the development of team members

• Prepare all required internal and external financial reporting, including the consolidation of relevant accounts in accordance with US GAAP and IFRS
• Produce relevant commentary required to assist in month over month variance analysis, as well as budget to actual performance
• Prepare US GAAP consolidated and unconsolidated financial packages for distribution internally and externally
• Work internally to calculate required distributions to internal and external shareholders
• Assist with the delivery of additional annual schedules, as required by auditors and/or lenders

• Identify and drive improvements in financial processes/systems including those that enhance team effectiveness and/or accuracy of financial reporting
• Identify…