Senior Accountant, Financial Reporting and Lender Relations

About Us

Brookfield Renewable, as one of the core businesses under Brookfield Corporation, is one of the world’s largest owners, operators, and developers of renewable power, with $125 billion power assets under management. Our diverse portfolio of hydro, wind, solar, distributed energy, storage, and sustainable solutions extends across five continents, totaling over 46,000 megawatts of generating capacity. We use our operating capabilities, scale and global reach to develop and operate a high-quality clean energy portfolio in a responsible manner, helping accelerate the global transition to net zero.

Come Join Us

At Brookfield Renewable, we attract and retain high-performing individuals who are interested in making an impact, driving meaningful change and being part of a fast-paced and collaborative environment. Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Together, we contribute to the success of one of the fastest growing and largest publicly traded, pure play renewable power platforms in the world while supporting decarbonization and greater energy sustainability to facilitate the global transition to a net-zero.

Organization Overview:

Modal Power is a Solar IPP which owns a ~2.3GW portfolio of fifteen operating projects, four under-construction projects, and three pre-NTP assets.

Modal Power is managed by Brookfield Renewable. Brookfield Renewable, as one of the core businesses under the Brookfield Corporation, is one of the world’s largest owners, operators, and developers of renewable power, with $125 billion power assets under management. Brookfield’s diverse portfolio of hydro, wind, solar, distributed energy, storage, and sustainable solutions extends across five continents, totaling over 46,000 megawatts of generating capacity. We use our operating capabilities, scale and global reach to develop and operate a high-quality clean energy portfolio in a responsible manner, helping accelerate the global transition to net zero.

We attract high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunities to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.

About the Role

Brookfield Renewable is seeking a consummate professional to join the Financial Reporting and Lender Relations team as a Senior Accountant. Reporting to the Manager, Consolidation/Financial Reporting and Lender Relations, the successful candidate will be responsible for preparing financial statements (U.S. GAAP) and financial-related and operational reporting required under the terms of Brookfield Renewable North American subsidiary entity credit and tax equity agreements.

Key Responsibilities

Financial Reporting

• Prepare quarterly and annual audited financial statements
• Prepare financial-related reporting for lenders, partners, and internal stakeholders, including debt service coverage ratios, cash flow forecasts, operating reports, annual operating plans, Cash Available for distribution, hypothetical liquidation at book value, etc.
• Interpret complex accounting issues and formulate disclosures in accordance with applicable accounting standards
• Provide supporting documentation and liaise with external auditors
• Onboard and maintain Cerebro application for loan and financing obligations

Compliance

• Monitor ongoing compliance under existing credit and tax equity agreements
• Analyze new credit and tax equity agreements for reporting obligations and proactively identify potential gaps versus obligations
• Build and maintain working relationships with lenders and partners and provide first-line responses to inquiries
• Prepare and review regulatory compliance forms for governmental entities

Projects

• Proactively identify process inefficiencies and contribute to the design and implementation of process improvements
• Provide ad hoc support to other groups within Brookfield Renewable, as it relates to M&A activities, credit rating review, and credit agreement review
• Contribute to the coaching and development of junior team members

Knowledge and Experience Required

• Four (4) or more years of relevant experience
• Hold or in the process of completing a recognized professional accounting designation (CPA Canada)
• Working knowledge of U.S. GAAP
• Motivated, driven, humble and passionate individual
• Willingness to learn and the ability to receive feedback
• Solid analytical abilities combined with being highly detail oriented
• Ability to work independently and also within a team-focused environment
• Ability to work in a dynamic, complex, fast-paced environment and to be flexible in adapting to shifting priorities
• Experience working with credit agreements
• Experience working with large, multinational corporations with numerous and varying reporting requirements
• Nice to have: Knowledge and practical experience with Ceribro, NetSuite or OneStream

Note: Offices continue to be central to collaboration and Brookfield’s identity. This position requires the employee to be on-site for a minimum of 4 days to perform most effectively.

Working here, you will enjoy:

At Brookfield, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

• We work to recognize you in meaningful, personalized ways including a competitive salary, bonus structure, a health benefits program, and defined contribution pension plan.
• Our spaces are open, dynamic, and collaborative, giving you access to different businesses and teams. For your wellbeing, our building is equipped with a modern gym, bike storage, and healthy snacks and drinks.
• We cultivate a culture where we invest in your growth and development.

Diversity & Inclusion

Brookfield Renewable embraces and promotes the principles of diversity, equity, and inclusion. We welcome and encourage applications from all qualified candidates, including women, Indigenous peoples and other persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions. We also provide accommodation during all parts of the hiring process, upon request. If contacted to proceed to the recruitment process, please advise us if you require any accommodation.