Senior Manager, Portfolio Reporting – Compliance

This is a fully remote position, open to applicants in New Jersey.

📋 Description

• Manage the monthly, quarterly, and annual reporting cycles for all portfolios and financing vehicles, including timelines, review criteria, and approvals.

• Conduct budget versus actual and variance analysis; present insights and recommendations directly to senior leadership.

• Develop and continuously enhance management, investor, and lender reporting packages, incorporating KPIs and dashboards.

• Supervise portfolio budgets, forecasts, and liquidity forecasting.

• Establish accounting policies and positions for complex portfolio issues and document technical memos in accordance with US GAAP.

• Lead the accounting efforts for new debt, tax equity, and other financing transactions, from term sheet and document review to closing.

• Assess transaction documents for accounting, reporting, and compliance implications, and negotiate feasible reporting terms.

• Oversee the onboarding process for newly closed projects and financing vehicles, including entity setup, chart of accounts, and opening balances.

• Act as the primary accounting liaison for lenders, tax equity investors, and their advisors.

• Manage the compliance program and calendar for each financing vehicle, ensuring timely deliverables and adherence to covenants.

• Supervise covenant and DSCR testing, reserve requirements, debt service, partner distributions, and cash waterfalls.

• Evaluate partner and member capital accounts and address complex allocation issues.

• Identify compliance risks, escalate them to leadership, and lead remediation efforts, waivers, or amendments.

• Oversee external audits and reviews from lenders or investors for the portfolio.

• Ensure adherence to project agreements and regulatory as well as governmental requirements; maintain documented and tested controls.

• Recruit, manage, and develop analysts and accountants; set objectives, review performance, and conduct performance evaluations.

• Create scalable processes, controls, and systems, including ERP and automation solutions.

• Draft and maintain policies, procedures, and desk guides.

• Lead special projects and cross-functional initiatives, representing the function in leadership discussions.

⛳️ Requirements

• Bachelor's degree in accounting, finance, business, or a related discipline.

• At least 8 years of experience in project finance, portfolio management, fund accounting, public accounting, or investment banking, including a minimum of 2 years in a managerial role.

• Extensive knowledge of debt agreements, LLC and partnership agreements, and tax equity structures (e.g., partnership flips), and how they influence distributions, waterfalls, and capital account allocations.

• Proficient in Excel and modeling, including sources and uses, liquidity, waterfall, and covenant compliance models; capable of reviewing and challenging others' models.

• Demonstrated FP&A leadership (budgeting, forecasting, variance analysis) and the ability to present outcomes to executives, investors, and lenders.

• Practical experience with the operational phase of infrastructure, real estate, or solar assets, including covenant and DSCR testing, distributions, and lender reporting.

• Ability to independently manage complex processes, make informed judgments, and maintain relationships with auditors, lenders, investors, and other external parties.

• Exceptional analytical, organizational, communication, and leadership abilities.

• Proficient in Microsoft Office (Word, Excel, PowerPoint, SharePoint); ERP experience (e.g., Microsoft Dynamics) is a plus.

• CPA, CFA, MBA, or a master's in finance is strongly preferred.

• Experience in renewable energy, particularly in solar project or fund accounting, is highly desirable.

🏝️ Benefits

• Training / Professional development opportunities

• 401(k) with 4% company match

• Summer Fridays

• Flexible remote/hybrid work options

• Paid parental leave

• Team lunches, events, and stocked kitchens

• Modern, collaborative office spaces in Asbury Park, New York City, Boston, Chicago, and Baltimore

• Medical, dental, and vision coverage

• Company-paid life and long-term disability insurance