Senior Accountant – Group Reporting & Consolidations
Company Description
Doral Renewables is a Philadelphia-based developer, owner, and operator of renewable energy assets throughout the United States. Doral’s solar and storage development portfolio comprises nearly 18 GW, which includes nearly 450 MW currently in operation and close to 1,500 MW under construction. Doral Renewables operates in 16 states and across five electricity markets. With a strong focus on community engagement, we aim to integrate agrivoltaics practices throughout our pipeline, creating additional opportunities for farming communities. Doral’s team of global partners includes the Doral Group, Migdal Group, APG, and Apollo Funds.
Doral believes that better decision-making comes as a result of having a team with a diversity of backgrounds and experience, and an environment where all feel welcome and empowered. Doral provides equal employment opportunities to all employees and applications without regard to gender, sexual orientation, race, religion, background, or abilities.
Job Description
The accounting team is seeking a Senior Accountant of Group Reporting & Consolidations. This individual would be responsible for supporting the Company’s financial consolidation, statutory reporting, and intercompany accounting processes across a complex multi-entity organizational structure. Reporting directly to the Senior Manager of Close & Consolidations, this role will serve as a subject matter expert in SAP S/4HANA Public Cloud Group Reporting, ensuring accurate and timely consolidated financial reporting while supporting ongoing system enhancements and process automation initiatives.
This position is ideal for a candidate with strong technical accounting knowledge, hands-on SAP S/4HANA Public Cloud Group Reporting experience, and a deep understanding of intercompany accounting, including AR/AP, cash, equity settlements, ownership structures, and entity hierarchy management. Experience within the renewable energy industry and participation in SAP Group Reporting implementations preferred.
Responsibilities:
- Prepare and support monthly, quarterly, and annual financial consolidations across a complex multi-tier legal entity structure.
- Assist in the implementation, optimization, maintenance, and enhancement of SAP Group Reporting functionality and related financial reporting processes.
- Support system testing, user acceptance testing (UAT), and validation activities for SAP upgrades, enhancements, and new functionality.
- Maintain and administer SAP S/4HANA Public Cloud Group Reporting master data, consolidation units, financial statement items, hierarchies, and ownership structures.
- Execute and monitor consolidation processes including currency translation, eliminations, ownership calculations, and consolidation journals.
- Prepare and analyze consolidated financial statements and supporting schedules ensuring accuracy, completeness, and compliance with IFRS and U.S. GAAP reporting requirements.
- Review, reconcile, and resolve intercompany accounting differences including AR/AP, cash settlements, equity settlements, loans, capital contributions, and other intercompany transactions.
- Support proper entity tiering, ownership changes, legal entity restructures, acquisitions, mergers, and project reorganizations within the consolidation system.
- Partner with IT, Treasury, FP&A, Tax, Legal, and Project Accounting teams to ensure accurate legal entity reporting and consolidation impacts.
- Perform technical analysis of consolidation issues and recommend process improvements to strengthen internal controls and reporting efficiency.
- Prepare consolidation-related audit support and respond to internal and external auditor requests.
- Develop and maintain process documentation, accounting policies, desktop procedures, and training materials related to consolidation and group reporting.
- Assist with special projects, acquisitions, restructurings, and other corporate accounting initiatives as assigned.
- Support intercompany reconciliation initiatives including SAP Intercompany Matching and Reconciliation (ICMR) and other related system automation opportunities.
Required Skills and Competencies
- Proficiency in SAP S/4HANA (public cloud) Group Reporting and Microsoft Excel required.
- Strong understanding of US GAAP with the ability to apply accounting principles to complex transactions, including application of intercompany accounting.
- Highly analytical with attention to detail and ability to identify process gaps.
- Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
- Excellent communication and interpersonal skills with a collaborative mindset.
- Proactive problem-solver who is comfortable taking initiative.
- Highly motivated with the ability to work extended hours as needed.
Qualifications
- 5+ years of progressive accounting experience, including corporate consolidations; experience with complex multi-entity structures.
- Prior experience with ERP systems (SAP S/4HANA) and consolidation tools (e.g., Group Reporting) with implementation or major enhancement project experience strongly preferred.
- Bachelor’s degree in Accounting, Finance, or related field (Master’s or CPA preferred).
- Experience maintaining Group Reporting master data, consolidation units, ownership structures, and hierarchy management required.
- Experience in the renewable energy or infrastructure sector a plus.
- IFRS and GAAP experience a plus.
- Ability to thrive in a dynamic, fast-growing environment with competing priorities and tight deadlines
- Must be legally authorized to work in the US without company sponsorship
Join Us
If you are passionate about sustainability and eager to contribute your skills to a forward-thinking company committed to making a positive impact, we encourage you to apply for the Senior Accountant position at Doral Renewables LLC. Join us in our mission to harness the power of renewable energy for a cleaner, greener future.