Senior Subsidiary Accountant - EnergyHub
Alarm.comAbout the role
Senior Subsidiary Accountant – EnergyHub
POSITION OVERVIEW
Alarm.com (ALRM) is a high-growth SaaS company driving innovation in the Internet of Things (IoT) space. We’ve experienced steady, healthy growth over the past several years and established a high-performing accounting team along the way. We are seeking a Senior Subsidiary Accountant to join our Accounting team in a role that will support our subsidiary company, EnergyHub.
EnergyHub empowers utilities and their customers to create a clean, distributed energy future. [We/they] help consumers turn their smart thermostats, EVs, batteries, and other products into virtual power plants that keep the grid stable and enable higher penetration of solar and wind power. For more information, please visit https://www.energyhub.com/.
WHAT YOU’LL DO:
You will support the subsidiary accounting operations. In this role, you will be responsible for identifying and reporting key performance indicators as well as improving and streamlining processes. You’ll also contribute to the month end close process.
You should thrive in a cross-functional environment and value building relationships with partners both internally and externally. In order to be successful in this role, you should possess a combination of strong accounting skills, business acumen, project management, and communication skills. You’ll report to Alarm.com’s Manager of Accounting and will work closely with other members of the finance team.
Your primary job responsibilities will include:
- Serve as project manager for EnergyHub’s month-end close process
- Assist with invoicing and account receivable processes
- Assist with external year-end audits including preparation of necessary work papers
- Review and evaluate contracts under U.S. GAAP for revenue recognition
- Build models and revise current reporting as needed to improve efficiencies
- Collaborate with FP&A and EnergyHub on developing the monthly, quarterly and yearly forecasts
- Work closely with EnergyHub program managers to ensure key contract terms are set up appropriately and track the progress of the programs
- Liaise between EnergyHub and Corporate, Alarm.com
- General coordination/project management
- Reduce confusion - limit follow up questions
- Direct exposure/familiarity with EnergyHub programs
- Schedule and run weekly, monthly and ad-hoc meetings about revisions, scheduled charges, contract reviews and process issues
- Manage Invoice Tracker
- Enter invoice details in tracker and coordinate with CSMs to review and approve or track the status and all questions and revision requests
- Add and track other requests (e.g. credit memos or ad-hoc invoices)
- Resolve open issues
- Help ensure Alarm.com/ EnergyHub meet client invoice requirements
- Participate in developing solutions for special requests (e.g. NG Pricing Table and Calendar)
- Ensure all special AP requirements from the clients are met (e.g. billing system for invoice upload requiring training and logins)
- Collections Coordination
- Ensure revisions have clear, transparent documentation that is accessible by all teams (email is not sufficient)
- Lead, train, develop, and motivate accounting staff in order to maintain a high level of employee commitment and competence for sustained and self-reliant performance and achievement of the department and Company goals
- Other duties as assigned
REQUIREMENTS:
- 2-4 years of progressive accounting and finance experience.
- Bachelor’s degree in accounting or related field.
- CPA preferred
- Previous work experience in software/hardware industry preferred.
- Experience working in a fast-paced, evolving environment.
- Preferred previous work experience in a public company environment subject to SOX.
- Should be well-versed in GAAP accounting.
A strong candidate will also have strength in the following areas:
- Must be hands-on and comfortable working independently.
- Strong analytical skills and critical thinking.
- Teamwork with good interpersonal skills.
- Strong communication skills – verbal and written.
- Planning, priority-setting and multi-tasking.
- Interest in managing and mentoring team members as the team continues to grow.
WHY WORK FOR ALARM.COM?
- Collaborate with outstanding people: We hire only the best. Our standards are high and our employees enjoy working alongside other high achievers.
- Make an immediate impact: New employees can expect to be given real responsibility for bringing new technologies to the marketplace. You are empowered to
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