Director of Accounting

COMPANY OVERVIEW

TransGrid Energy is a newly established renewable energy company to invest, develop, own and operate utility-scale renewable energy projects. TransGrid has a robust pipeline of projects in the near term, and it will expand its energy asset portfolio across the United States.

As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy is strived to shape the renewable energy landscape by providing sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.

POSITION OVERVIEW

The Accounting Director leads the accounting function at TransGrid Energy, reporting directly to the Treasurer to ensure the financial integrity of a utility-scale renewable energy portfolio. This role is responsible for the technical management of Tax Equity Partnerships, HLBV calculations, and ITC/PTC recognition as the company scales its operational assets. Requiring a CPA and Big 4 experience, the successful candidate will drive US GAAP/IFRS compliance and establish the financial framework necessary to support this Hanwha Group affiliate’s growth in the U.S. market.

RESPONSIBILITIES

• Lead preparation and review of financial statements in compliance with GAAP.

• Supervise and participate in the preparation of various financial statements and reports, ensuring the integrity and quality of financial reporting in accordance with GAAP.

• Oversee month-end close functions, including the maintenance of general ledgers, accounts receivable, revenue, depreciation, cost, property, and borrowings.

• Oversee the accounting for renewable energy tax credits (ITCs/PTCs), ensuring precise tracking, recognition, and reporting of tax benefits provided to investors.

• Manage the full-cycle accounting operations for all Tax Equity Partnership and related entities, ensuring strict adherence to US GAAP and specific Partnership Agreements (LLCAs).

• Manage the partnership funding process, including coordinating capital calls, calculating distributions, and ensuring compliance with the Flip date conditions.

• Perform and oversee complex HLBV calculations to accurately allocate net income/loss and track equity balances between partners.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in accounting, finance, or a related field

• CPA required; Big 4 experience strongly preferred.

• 10+ years of proven experience.

• Expert knowledge of both US GAAP and IFRS.

• Exceptional analytical skills and experience leading cross-functional financial initiatives.

PREFERRED QUALIFICATIONS

• Executive presence with the ability to build strong relationships with executive team members.

• Experience in renewable energy is preferred.

• Experience in organizational design and establishing new finance departments.

• Bilingual (English & Korean)

WORK AUTHORIZATION

The ideal candidate for this role will have authorization to work in the US prior to joining TransGrid Energy LLC. The Company will not sponsor or offer assistance with the sponsorship for work authorization in the United States.

DIVERSITY AND INCLUSION

TransGrid Energy believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and ultimately our business partners and customers. We foster a culture where all colleagues are able to share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future.

TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.