Accounting Manager
Based in Miami, USA
About us
Matrix Renewables is a renewable energy platform that was founded by global alternative asset manager TPG through its impact investing platform, TPG Rise, in 2020. Headquartered in Madrid, Matrix Renewables focuses on developing, constructing and being long-term owners of renewable energy assets.
Matrix Renewables’ current portfolio is comprised of 15.7 GW (operational, under construction, ready to build, under development) of renewable energy projects and storage across North America, Europe and Latin America.
TPG impact-investing platform is a $32 billion impact investing platform focused on investing in and supporting the growth of world-class businesses that deliver positive and measurable social and environmental impact globally.
TPG is a leading global alternative asset investment firm with offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C. TPG’s investment platforms span a wide range of asset classes, including private equity, growth equity, impact investing, infrastructure, growth venture, real estate, secondaries, and public equity.
The Role
At Matrix Renewables, we are looking for a highly motivated individual to play a key role in supporting our Matrix Renewables Finance Operations Department. Ideally based in Miami, the U.S. Accounting Manager will report to the U.S. Accounting Vice President.
You will strengthen the U.S. division in its day-to-day activities including supporting and supervising U.S. accounting, monthly, quarterly and yearly audit and tax compliance; oversee the correct invoicing and payments processes; manage accounting and related consultants; support Project Finance and Tax Equity in the Structured Finance team; manage reporting and performance analysis against budget and reporting requirements to MR Spain and TPG; communicate with external auditors on multiple audits; and work with external tax team on partnership and corporate tax returns.
Key Activities and Responsibilities
Financial reporting & close
Ensure that accounting procedures are enforced and followed in the U.S.
Review U.S. GAAP financial statements and management reports, ensuring consistency with group accounting policies
Support the monthly, quarterly, and annual close for all U.S. entities and the U.S. consolidation
Prepare and report monthly, quarterly, and annual financials to the Finance Operations team in Spain and to TPG
Analyse actuals against budget for each SPV and the U.S. consolidated financials, explaining key variances
Prepare and maintain cashflow reporting and forecasts for each SPV
Maintain the U.S. general ledger and chart of accounts, and manage intercompany transactions and reconciliations
Treasury & payments
Coordinate with the treasury function on liquidity and funding
Oversee invoicing and payment processes, including monthly payment runs
Gather and maintain appropriate supporting documentation for all payments
Provide relevant supporting documentation to the accounting team on a monthly basis
Budgeting & cost management
Manage the purchase-order process for the U.S. team
Control internal and external costs and budgeting for the U.S. business
Support financing activities
Tax & audit
Lead U.S. audits and financial due diligence
Work with the tax team to enhance U.S. tax planning and oversee monthly, quarterly, and annual tax compliance
Work with the external tax supporting team on partnership and corporate tax returns
Communicate with external auditors across multiple audits
Stakeholder & team management
Supervise and develop the junior accountants in the U.S.
Manage relationships with external accounting and tax consultants
Partner with development, asset management, and legal teams on new projects, acquisitions, and financings
Support ad-hoc analysis and reporting requests from MR Spain and TPG
General Skills / Attributes
Bachelor’s degree in accounting and advanced degree preferred
CPA is preferred
6-8 years of experience
Must have experience working in accounting at a renewable energy company
Experience with managing Netsuite or similar ERP system
Important to have previous tax equity reporting/HLBV assessment experience
Full understanding of MS Excel, MS Project, and other administrative/controlling tools
An ability to perform at a high level in a matrixed organization, working with interdepartmental teams to achieve objectives
Spanish is add-on but not a must
Matrix is committed to a fulfilling, inclusive and non-discriminatory working environment in which all individuals are treated as individuals, with respect and dignity and are given opportunities to develop their careers and contribute to both the Company´s and their own success. Furthermore, Matrix is committed to ensuring a rigorous, fair and non-discriminatory selection and recruitment process and to treat all candidates who apply for a position in Matrix equally. We advocate for equal opportunity and do not discriminate against gender, marital status, religion, age, color, race, sexual orientation, nationality, or disability.
Matrix Renewables (Spain), S.L. ("Matrix"), with domicile at C/ Velázquez 34, 3ª planta, 28001, Madrid, hereby informs the job applicant (the "Applicant") that his/her curriculum vitae as well as all other personal data provided during the selection process will be processed by Matrix as data controller. Such data will be processed for the purpose of analyzing the Applicant's skills and aptitudes and assessing the Applicant's candidacy for the job offered.
The Applicant, under the terms established in the data protection regulations in force at any time, may exercise his/her rights to access, rectification, erasure, restriction of processing, data portability, objection, and not to be subject to automated individual decisions. For this purpose, he/she may contact in writing to the following email address: [email protected].