Accounting Manager - Energy Accounting

Company Overview Hanwha Energy USA , headquartered in Houston, Texas, is part of the Hanwha Group—a FORTUNE Global 300 company and one of South Korea’s most respected business enterprises. With over a decade of experience delivering high‑quality, utility‑scale energy projects across North America, Hanwha Energy USA has evolved into a comprehensive energy solutions provider. Our portfolio now spans utility‑scale renewables, natural gas generation, retail electricity, and strategic partnerships that power America’s growing data center industry. Our expertise covers the entire energy value chain—from project development and engineering to construction, operations, and maintenance. By integrating advanced technologies, proven processes, and strong partnerships, we deliver reliable, customized solutions that meet the dynamic needs of local energy markets. Hanwha Energy USA is actively advancing strategic initiatives in natural gas generation and data center development, including hyperscaler solutions on both sides of the meter. We are proud to serve as the parent company of Hanwha Renewables—specializing in utility‑scale solar and battery energy storage systems (BESS) Chariot Energy—providing retail electricity services for residential, commercial, and industrial customers in deregulated markets Position Overview This role will report to the Director of Energy Accounting. The candidate will be responsible for recording daily and monthly transactional activity while adhering to GAAP and company accounting policies, preparing financial reports, performing account reconciliations, and maintaining general ledgers. The Accounting manager will also oversee all aspects of accounting, financial reporting, tax compliance, and treasury management for HEUH wholesale generation in coordination with Hanwha Group, our Korean parent company. The successful candidate will play a critical role in developing and enforcing internal controls to maximize protection of company assets, policies, procedures, and workflows, and ensure the accuracy and integrity of financial data. The individual will oversee and support the accounting team at HEUH Wholesale Energy, fostering an environment of collaboration, accountability, and continuous improvement. Ideal candidate will have strong technology skills, proficient with Microsoft Excel, PowerPoint, and database applications such as SAP and Concur. This role is located in Houston, Texas, and requires onsite presence. The employee may be required to perform other job‑related duties as requested by management in accordance with applicable laws and company policies. Responsibilities Perform and oversee the full range of general accounting duties for wholesale generation, including management of all daily accounting functions such as accounts receivable and payable processing, invoicing, payroll, journal entries, general ledger, reconciliations, and period close processes. Deliver monthly, quarterly, and annual financial statements and reports, and accompanying financial analysis, ensuring compliance with US GAAP and supporting corporate and parent company conversion to IFRS. Manage the confirmation of financial condition with external auditors through the production of annual audit financial statement reports. Ensure compliance of financial reporting and disclosures with official guidelines, and develop, document, review, and maintain formal accounting policies, procedures, and memorandums. Coordinate with corporate (primarily the tax & accounting teams at HEUH) on all accounting matters, including financial consolidation, reporting requirements, and K‑SOX compliance and program management. Support the financial, planning, and analysis group, executive leadership team, and parent company in the preparation of budgets, forecasts, and variance analysis. Oversee accounting and tax compliance, ensuring adherence to all relevant regulations, reporting requirements, filings, and standards. Prepare and file tax schedules, reports, and returns for federal, state, and local income taxes, franchise taxes, sales taxes, property taxes, and other regulatory filings. Establish and maintain internal controls related to treasury activities to safeguard assets, prevent fraud, and ensure compliance with policies and procedures. Oversee the cash flow of the organization, ensuring sufficient cash to meet obligations while optimizing cash resources to maximize returns. Manage relationships with banks and financial institutions, negotiating terms and conditions for banking services, credit facilities, and investment products. Collaborate with other departments to support strategic initiatives and business objectives. Establish business plan and analyze monthly performance compared against the business plan. Provide key financial analysis to enable day‑to‑day and strategic decisions. Collaborate with colleagues in other operational areas of the business. Support the day‑to‑day operational needs of the accounting function. Provide financial analysis support for the corporate budgeting and forecasting process. Coordinate and work directly with cross‑functional teams to analyze and adjust processes and functionality to ensure operational and billing information is accurate, and the financial planning process is efficient. Interact with management to ensure proper reporting of expenses and reliable, accurate forecast. Proactively identify and resolve existing reporting issues in a timely and accurate fashion with acute attention to detail. Perform other ad‑hoc analysis as required and participate in various projects when needed. Required Competencies Analytical – proven problem‑solving capability with strong analytical skills including statistical analysis. Stakeholder engagement – understands the importance of seeking relationships and working with others toward a shared goal. Communication – strong verbal and written communication skills. Agility – willing to modify position as needed to meet the needs of the business. Required Qualifications 5+ years accounting and finance management experience; CPA is a plus. Bachelor’s degree in accounting, finance, or another business‑related field. Retail electric industry experience required. Working knowledge of the ERCOT energy market. Strong accounting experience (including AR/AP invoice process, bookkeeping, and payment process). Strong proficiency in Microsoft Office suite; advanced Excel required. Strong technical accounting skills and knowledge of GAAP, experience with IFRS is a plus. Proficiency in financial reporting and analysis, with the ability to interpret complex financial data and communicate key insights to stakeholders. Adeptness with accounting software and ERP systems; proficiency with SAP 4 HANA, familiar with Workday and Concur preferred. Strong communication and people skills, with the ability to build relationships and influence stakeholders at all levels of the organization. Commitment to integrity, professionalism, and ethical conduct in all aspects of the role. Strong time‑management skills with the ability to effectively prioritize and manage multiple tasks in a dynamic environment. Strong written and oral communication skills. Strong aptitude for problem solving. Strong attention to detail required. Eligible to work in the USA for any employer without sponsorship. Compensation $128,000 - $145,000 salary. Equal Employment Opportunity Hanwha Energy USA provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. #J-18808-Ljbffr Hanwha Energy USA