Director, FP&A - Solect Energy

Overview

Company Overview

 

Solect Energy is a leading provider of solar and energy storage solutions for businesses, schools, cities, towns, and nonprofits in the Northeast, with over 800 installed projects totaling more than 160 MW. With a team of experts in development, technology, policy, incentives, and financing, we offer a comprehensive approach to help our clients reduce energy costs and maximize their solar and storage investments. Our Operations & Maintenance team serves more than 700 customers, maintaining a 99% renewal rate each year. Based in Hopkinton, Massachusetts, Solect is a wholly owned subsidiary of Pattern Energy Group.

 

Position Overview

The Director, FP&A will report to the Chief Financial Officer and improve the efficiency of the finance and accounting department, have a lead role identifying and implementing a companywide ERP system, support project finance transactions and focus on execution and planning of the finance function. The Director of FP&A will also assist the Chief Financial Officer to manage the finance and accounting department and provide leadership and mentorship to the team. The Director FP&A will be the primary backup to all functions within the accounting group, including cash management, month end close process, financial reporting, analyzing financial data, ensuring accurate and timely recording of financial transactions and reconciling accounts.

Responsibilities

Key Responsibilities

 

Payroll Accounting

· Prepare payroll analysis for payroll group, including prevailing wage, commissions, draws, bonuses, and services labor.

· Process bi-weekly payroll journal entries (payroll, tax, PTO, incentives, HSA/401k, commissions).

· Prepare monthly payroll accruals using ADP and Salesforce data.

· Perform monthly payroll reconciliations and uploads.

 

Accounts Payable & Cash Management

· Conduct weekly AP review, markup validation, and vendor invoice analysis.

· Prepare weekly cash reporting and monitor bank balances to ensure coverage for payroll and vendor payments.

· Upload and maintain Positive Pay files.

· Review subcontractor billings, compliance, and job cost alignment.

 

SREC (solar renewable energy credits) Processing & Reconciliation

· Complete SREC review, uploads, and monthly reconciliations.

· Prepare and process SREC remittances and maintain supporting documentation.

 

Journal Entries & Month-End Close

· Prepare monthly journal entries for payroll, AP accruals, construction accruals, SREC revenue, and miscellaneous adjustments.

· Upload month-end journal entries into D365 for SED (1311) and SEL (1313).

· Prepare, upload, and certify all required Blackline account reconciliations.

· Support accurate month-end reporting across all entities.

 

Corporate Reporting

Prepare and submit monthly financial reporting packages, including:

· Development Spend

· Pre-Financing CapEx

· Liquidity (consolidated)

· Project Approvals

· Capital Approvals Summary

 

Compliance & Regulatory Filings

Maintain required business compliance across entity, state, payroll, and local authorities: Entity Compliance

· Registered Agent management, Annual Reports, Certificates of Good Standing

State Compliance

· Income & Franchise Tax filings

· Sales & Use Tax permits and returns

Payroll Compliance

· State withholding, unemployment, disability/paid leave registrations

· Quarterly payroll filings

Local Compliance

· City/County business licenses

· Local payroll or gross receipts tax filings (as applicable)

 

Financial Operations Support

· Support analysis related to backlog, pipeline, under-construction spend, and cash reporting.

· Assist with sales reporting and customer receipt tracking.

· Contribute to liquidity reporting and multi-year budgets for multiple entities.

· Maintain capital approvals tracking.

 

Cross-Functional & Departmental Support

· Provide support to AP, AR, Project Costing, and general accounting as needed.

· Assist with incentive plan calculations and compensation documentation.

· Participate in special projects, process improvements, and system enhancements.

· Act as a resource and backstop to other finance team members.

Qualifications

Qualifications

 

Required

· Bachelor’s degree in Accounting, Finance, or related field

. 5-7 years progressive accounting experience

· Strong understanding of GAAP and month-end close processes

· Experience with multi-entity account