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Senior Accountant, Lease Accounting

Clearway Energy · Princeton, New Jersey, United States · $100k–$115k

Posted by Clearway Energy on their careers site · View the original posting

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What The Role Is

Reporting to the Manager of Lease Accounting, the Senior Accountant is responsible for data management, journal entries, account reconciliations, and control of the organization’s lease portfolio, ensuring accuracy, completeness, and compliance with applicable accounting standards and internal policies. This person will be responsible for multiple other ad hoc projects as assigned. The primary objective is to manage the full lifecycle of leases and play a key leadership role in month-end close, financial reporting, and audit processes.

As a senior member of the accounting team, this position partners cross-functionally with finance, IT, and operations to ensure appropriate ASC 842 Lease Accounting and consistency across the organization. The Senior Lease Accountant also reviews and strengthens internal controls, resolves complex accounting issues, and provides guidance to other team members.

In addition, the role drives process improvements by leveraging automation, data analytics, and AI-enabled tools to enhance reporting efficiency, data integrity, and scalability. This individual is expected to bring a continuous improvement mindset, identifying opportunities to streamline processes, reduce manual effort, and improve visibility into leases and financial impacts.

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

  • Execute the monthly, quarterly, and year-end close process within clearly specified time frames.
  • Perform analytical functions necessary to achieve an accurate and timely general ledger month-end close.
  • Evaluate and identify key lease components within a lease agreement, and program the lease in S/4 Hana to match appropriately, within the guidelines of ASC 842.
  • Reconcile lease accounts to the general ledger monthly.
  • Prepare entity-level and consolidated lease roll-forwards.
  • Assist in identifying and researching technical accounting and reporting matters, accounting principles, and financial reporting rules.
  • Collaborate with and respond to ad hoc requests from key stakeholders within the organization.
  • Coordinate with members of the Development and Construction teams to understand the different stages of a project to apply proper lease accounting treatment.
  • Assist with special projects and additional duties as assigned.
  • Support the annual audit process, provide data requests to external auditors, and provide substantial support for audit selections.
  • Prepare quarterly/annual lease schedules in accordance with GAAP and SEC disclosure requirements for inclusion in the periodic financial statements, footnotes, and other financial information reported on SEC Form 10-Q/10-K. Review and follow up on unusual activity.
  • Responsible for compliance with Sarbanes-Oxley internal controls, process flow, supporting documentation, risk assessments, and monthly/quarterly certifications for assigned accounting responsibilit

[…]
edge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website .

Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws , ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@clearwayenergy.com and let us know the nature of your request and your contact information.

All official communication regarding this position will come only from an email address ending with @clearwayenergy.com. If you receive outreach from any other email address claiming to represent Clearway Energy, please do not respond, as it is fraudulent.

Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws , ordinances and regulations for all applicants and employees.