Staff Accountant

Ormat Technologies, Inc.

Philadelphia, PA

Staff Accountant


This position is responsible for accounting, financial reporting preparation, maintaining multiple general ledgers, and general review of the U.S. domestic entities.


  • Responsible for the review and preparation of general ledgers for management review.
  • Prepare, Review, and Post journal entries into the SAP accounting system.
  • Identifies, analyzes, and communicates budgeted versus actual results.
  • Responsible for preparation of flux analyses, lead, and roll-forward schedules for assigned entities as they pertain to the quarter-end reviews and year-end audits.
  • Maintains general ledger in accordance with GAAP guidelines for all US entities and assist in the consolidation process.
  • Assist in the review/preparation of financial statements for all necessary entities.
  • Reconciles intercompany balances, where applicable, for all entities.
  • Maintains contact and positive interaction with accountants/admin at the foreign and domestic locations.
  • Maintains SOX controls as stated in internal procedures.
  • Reconciles subsidiary ledgers in SAP (i.e. AP, AR, Cash modules).
  • Reconciles payroll information for input into the ledger based on outside resource (ADP).


  • Other duties and projects as assigned by management.


  • A Bachelor’s degree in Accounting with a minimum of 3-5 years related experience.
  • Must be able to use and acquire knowledge of a variety of computer software applications in word processing, spreadsheets, database and presentation. Must be proficient in MS Word, Excel, Power Point and use of the Internet.
  • SAP experience preferred
  • Experience with revenue recognition standard ASC 606.
  • Ability to prioritize and plan work activities so time is used efficiently and effectively.
  • Must demonstrate accuracy and thoroughness to ensure quality performance.
  • Ability to identify and resolve problems in a timely manner to meet internal deadlines.
  • Must be able to read, write and speak English at a level which will permit the employee to accurately understand and communicate information to safely and efficiently perform the job duties.
  • Candidate must possess capability to manage large volumes of data through general ledger and financial statement preparation in a multiple company environment.


  • The ability to work at a computer, and computer monitor, and use repetitive motion for long periods of time.
  • The ability to occasionally lift up to 25 pounds.
  • This position requires sitting 80% of the time and standing and walking 20% of the time.