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Accounting Manager

Qcells
San Francisco, United Statesfull_timeVerifiedPosted 3 Nov 2023

About the role

Position Overview
EnFin is a financial services company that provides financing for residential solar PV customers. EnFin is looking for an accounting manager to perform the critical accounting roles related to our residential renewable energy business at EnFin. We are looking for someone who has thorough experience with GAAP accounting, and specifically with experience accounting for Residential Solar Assets.  Areas of interest would include Solar Asset construction, Third Party Ownership (“TPO”) of the assets, including solar asset leases and power purchase agreements (“PPA’s”), and Solar ITC Tax Equity transactions, including Joint Ventures and equity method accounting.  Experience with banking and financial services accounting issues (e.g., ABS structured sales, available for sale securities, gain on sale, unrealized revenue, hedge accounting) would also be beneficial skills. In this role you will also need a high level of attention to detail and strong interpersonal and organizational skills. Communicating with internal and external stakeholders is key, in addition to assisting with activities across multiple departments and functions to help drive our residential renewable finance business. ENFIN’s operations are growing rapidly, we expect to increase transactions, and add new business segments in the current year including the construction of residential solar assets, and securitizing and selling portions of our existing residential solar PV loan portfolio. New tasks, procedures, and accounting policies will need to be planned and executed.  We are looking for someone who thrives in an ambiguous, fast paced environment, can use great judgement to make decisions and display empathy and resilience. In this role you will need to be creative and collaborative with problem solving skills and execute team wide initiatives. As an accounting manager in a collaborative team environment, you will need to both manage and perform the following:

Responsibilities

  • Establish processes for key deliverables and lead continuous improvement activities to achieve effective, efficient execution.
  • Oversee and ensure timely and complete monthly closes, monthly, quarterly, and annual financial reporting, and annual financial statements.
  • Serve as reviewer on process creation and enhancement, including SOX and internal control matters, both internally and externally.
  • Handle the accounting treatment and create journal entries for the advanced topics with which you have experience
  • Partner closely with cross-functional teams (e.g., Operations, Capital Markets, Residential Solar, Financial Planning and Analysis) to build an understanding of the key processes within the organization’s operations.
  • Optimize accounting processes by identifying opportunities for automation and building for scale by ensuring all solutions are compliant with generally accepted accounting principles (GAAP) and company accounting policies 

Required Qualifications

  • 5+ years progressive accounting and/or finance experience; or equivalent combination of education and experience
  • Experience working with ERP systems and databases
  • Ability to execute in a dynamic, fast-paced, and demanding environment
  • Ability to influence across the company and interact at all levels
  • Knowledge of accounting for Residential Solar Assets, including construction, leases, and PPA agreements
  • Knowledge of TPO or ITC Tax Equity financing structures, Joint Ventures and equity method accounting
  • Experience with creation of financial statements, and managing financial statement audits
  • Experience with internal controls and process improvement
  • Excellent organizational, communication, problem-solving, multi-tasking, and prioritization skills
  • Experience with Revenue Recognition policies and technical accounting
  • Strong knowledge of US GAAP and hedge accounting
  • Knowledge of financial systems, analysis methodologies and technical standards applicable to corporate accounting and finance
  • Strong excel, data sorting, and manipulation skills required including mastery of pivot tables, lookups, and power query
  • Professional presence and ability to lead teams and influence others
  • Ability to work well in a team-oriented and fast-paced environment under strict deadlines
  • Global mindset to thrive in a diverse culture and environment
  • Demonstrated ability to solve complex business problems

Preferred Qualifications

  • CPA preferred
  • Experience with NetSuite preferred
  • Experience in the financial services or banking industries, including with ABS transactions, AFS Loan Assets, IR Hedges and related accounting preferred
  • Accounting and data automation, including macros experience preferred
  • Experience with Big 4: 1 year preferred
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Company

Qcells

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