Situated on the west bank of the Hudson River in West Haverstraw, NY, the Bowline Point Generating Station comprises two dual-fuel natural gas and oil-fired boilers, along with two GE steam turbine units, providing a combined capacity of 1169 megawatts. The plant has been a significant source of electricity for the region and has undergone upgrades to meet environmental regulations, ensuring its continued role in maintaining grid stability. Opportunity Summary The Plant Accounting Manager at the Bowline Point Generating Station oversees plant-level accounting processes and staff to ensure timely, GAAP-compliant financial reporting. Key responsibilities include accounting for power generation operations, month-end journal entries, account reconciliations, regulatory compliance, risk management, cost analysis, and supporting financial planning to optimize performance and guide strategic decisions. Your scope of responsibility as Plant Accounting Manager includes the following primary functions: Accounting Management Manage accounting processes and staff at plant levels, ensuring consistent work product and timely delivery of financial information consistent with GAAP. Supervise general ledger activities, including journal entries and reconciliations, to ensure accurate financial reporting. Assist with internal and external audit requests. Financial Reporting Perform and review accounting for power generation operations, including monthly, quarterly, and year-end close activities. Record month-end journal entries for prepaids, accruals, and other plant-related items, and perform account reconciliations to ensure accuracy; investigate unusual balances promptly and communicate findings to management. Summarize and communicate financial statement variances in a clear and concise manner. Prepare financial reports for stakeholders, including management and regulatory agencies, to communicate performance and compliance. Budgeting and Forecasting Participate in the annual budget process and conduct related variance analysis, including cash management and weekly cash forecasting. Contribute to the development of financial plans and forecasts, analyzing data to inform strategic decision-making. Compliance and Risk Management Maintain adherence to all relevant accounting standards and internal policies. Monitor compliance with power generation regulations, including emissions reporting and environmental standards, to uphold legal obligations. Identify financial risks related to fuel market fluctuations and implement mitigation strategies, such as hedging. Process Improvement Assist with the management of the existing enterprise resource planning (ERP) systems of the Company, including optimizing functionality and automating reports. Continuously enhance accounting processes and leverage technology to improve efficiency and effectiveness. Provide training opportunities for accounting staff to strengthen their understanding of power generation accounting. Contract and Capital Management Evaluate and monitor capital expenditures for the power plant, ensuring budget adherence and proper accounting. Review power purchase and maintenance contracts for accurate accounting treatment and compliance with obligations. Stakeholder Relationship Management Build strong relationships with internal and external stakeholders, fostering collaboration and alignment with goals. Conduct financial analyses as needed to support management in decision-making and strategic initiatives.