Accounting Supervisor
Job Description
Company Overview
Blue Energy’s mission is to unlock energy abundance, energy affordability, energy security, and turn-key decarbonization by developing the fastest path to deploying new nuclear MWs at scale. We are utilizing shipyard manufacturing supply chains and techniques from offshore oil and wind to reduce the cost of nuclear plants by over 60% and the manufacturing timeline to 24 months. Blue Energy is a platform technology that makes use of the latest NRC-approved reactors and is in negotiations with existing nuclear and industrial sites, enabling a much faster regulatory pathway to deploy our first unit. With our innovative centralized shipyard manufacturing approach, we can put nuclear power on a cost-reduction learning curve akin to wind, solar, and lithium-ion batteries.
Role Summary
The Accounting Manager leads day-to-day accounting operations at Blue Energy, reporting directly to the Controller. This role owns the full record-to-report cycle — from general ledger accuracy and financial statement preparation through to AP oversight, cash flow forecasting, debt covenant compliance, and equity tracking — while directly managing and developing a small team of accounting professionals.
Key Responsibilities
Financial Statements & Month-End Close
Prepare and review monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) in accordance with US GAAP
Lead the month-end close cycle — own the checklist, resolve blockers, and escalate to the Controller as required
Review, approve, and post all material journal entries including accruals, depreciation, ARO accretion, and intercompany eliminations
Maintain a journal entry log with full audit traceability from source transaction to financial statement
Prepare the monthly management accounts pack with variance analysis for the Controller
Co-ordinate year-end statutory accounts preparation and external audit support
Accounts Payable Oversight
Provide managerial review of the AP function — ensure three-way matching (PO, receipt, invoice) before payment approval
Review and approve payment runs above the AP Lead’s delegated authority threshold
Monitor the aged creditor report; resolve escalated holds and exceptions
Enforce segregation of duties between invoice entry, approval, and payment release
Cash Flow Forecasting
Own and maintain the 13-week rolling cash flow forecast, consolidating AP, AR, payroll, and capex inputs
Monitor actual cash against forecast; update assumptions on a rolling basis
Identify liquidity constraints and recommend corrective actions to the Controller
Prepare cash flow reporting for lenders, investors, and the board
Debt Compliance & Equity Tracking
Calculate all debt covenant ratios monthly (DSRC, LTV, interest coverage) and flag breaches immediately
Prepare quarterly and annual lender compliance certificates within agreed deadlines
Maintain the debt covenant tracker across all active credit facilities
Own and reconcile the equity roll-forward monthly — share capital, retained earnings, paid-in capital, distributions
Ensure all equity transactions are recorded with appropriate authorization documentation
Maintain the fixed asset register and CIP schedule for all capital projects
Team Leadership & Controls
Directly manage the Accounting Supervisor, AP Lead, and Accounting Analysts — regular one-to-ones, clear objectives, and active development support
Maintain and strengthen internal controls across all accounting processes; lead preparation for internal and external audits
Ensure compliance with US GAAP (ASC 360, 410, 606, 815, 842), company accounting policies, and applicable regulatory requirements
Qualifications
Preferred 6–10 years of progressive accounting experience, with at least 2 years in a management or senior supervisory role
Demonstrated hands-on experience preparing and reviewing US GAAP financial statements and managing a full month-end close cycle
Strong technical knowledge of journal entry preparation, balance sheet reconciliations, depreciation, ARO, and intercompany eliminations
Experience overseeing an AP function with direct knowledge of three-way matching and payment controls
Practical experience with cash flow forecasting and debt covenant monitoring in a capital-intensive environment
Familiarity with equity roll-forward schedules, CIP accounting, and fixed asset register management
CPA required; energy, utilities, or infrastructure sector experience is a strong plus
Proficiency with Microsoft Dynamics 365 or a comparable ERP platform
We look forward to your application and helping foster an era of safe, clean, affordable, and abundant energy.
Blue Energy is dedicated to building a diverse and inclusive workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement, we encourage you to apply anyway. You might be the right candidate for this or other roles at Blue Energy now or in the future.