GM, Power Portfolio Controller

About the role

The General Manager – Portfolio Controller will oversee all power plant accounting functions, review monthly financial reporting packages delivered to owners (including budget‑to‑actual variance analysis), lead external audits, draft financial statements with required US GAAP disclosures, and serve as a lead facilitator in the annual budgeting process. This position reports to the VP Finance Controller, directly supports Asset Management initiatives, and regularly interacts with plant personnel. The ideal candidate possesses a deep understanding of power industry economics and market mechanisms, can quickly grasp complex contractual frameworks across multiple companies, and demonstrates an improvement‑oriented mindset focused on standardizing practices across portfolios.

Responsibilities

• Direct the project‑level accounting activities for four thermal power plant portfolios.
• Prepare responses to investor inquiries regarding financial position, tax, results, and industry‑related topics.
• Oversee the monthly close process, including review of the close checklist, account reconciliations, and budget‑to‑actual variance analysis.
• Compile and deliver financial, investor, and bank compliance reports on a timely basis.
• Facilitate budget generation meetings, provide standardized templates, and assemble a complete set of budget workpapers incorporating inputs from Risk, Finance, Commercial, Insurance, and other departments.
• Oversee preparation of quarterly unaudited financial statements and draft the annual audited financial statements, updating or authoring disclosures required by the portfolio’s LLC/partnership or debt agreements.
• Prepare the financial section of the monthly operating report, including non‑financial operating metrics.
• Arrange and coordinate activities associated with the annual financial statement audit, ensuring quality, understandable workpapers are submitted to auditors.
• Interface with and assist tax consultants in preparing annual tax returns, K‑1s, and quarterly estimated payments to meet tax compliance requirements.
• Maintain formal policies and procedures, researching and applying all GAAP policies.
• Make staffing level recommendations as business complexity evolves.
• Assist consultants in preparing quarterly GAAP‑to‑IFRS reconciliations.
• Apply strong project‑management skills and complete ad‑hoc requests as needed.
• Ensure compliance with internal controls.

Qualifications

Required

• Bachelor of Science degree in Accounting, Finance, or a related field.
• Minimum of ten (10) years of experience in finance, accounting, tax, and financial planning.
• Comprehensive knowledge of US GAAP, full‑cycle close process, and financial reporting.

Preferred

• Master’s degree in Business or Accounting.
• Certified Public Accountant (CPA) designation.
• Knowledge of accounting concepts specific to the power industry.
• Experience with project financing.
• Familiarity with financial projection models.
• Understanding of commodity price risk and hedging strategies.
• Experience in credit risk management and hedging strategies.