Accounting Manager

Accounting Manager

FLSA Classification: Exempt

Salary Range: $125,000 - $150,000 plus bonus and incentive stock options

Reports to: Controller

About The Company:

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of the Carlyle Group - one of the largest private equity firms - NineDot is rapidly expanding its core team to scale its energy storage pipeline and continue innovating new products (e.g. vehicle-to-grid, community energy, etc.) to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

In this exciting, new role at NineDot Energy, the Accounting Manager will partner with the controller to support the finance team on phase 2 of the SAP implementation and more complex accounting matters. You’ll work closely with the Controller to manage month end and quarter end close with strict adherence to reporting deadlines, as well as maintaining related controls.This position is also responsible for ensuring that the Company’s accounting processes and policies are in accordance with US GAAP.  

Responsibilities

• Perform monthly account reconciliation of assigned balance sheet accounts and material P&L accounts for the assigned project entities and corporate entity as part of the monthly close.

• Conduct quarterly flux analysis of assigned entities to identify and analyze fluctuations in financial data.

• Ensure consistent application of expense recognition across all entities and in accordance with GAAP. This may entail review and posting of  invoices entered by the accounting analyst in SAP.

• Review of construction work in progress for compliance with the established capitalization policy and GAAP.

• Responsible for non-recurring and complex journal entries.

• Review financing-related expenses for proper capitalization of debt financing expense items in accordance with GAAP and recording at the relevant company.

• Review construction work in progress to ensure compliance with the established capitalization policy.

• Assist with the monthly consolidation and reporting.

• Partner with the Controller to build out the accounting policies and procedures.

• Assist with the research and documentation of technical accounting matters, including working with outside CPA firms if needed to draft technical accounting memos, and advise on updates to accounting guidance. 

• Temporarily assist with mapping payment files to be uploaded to the bank for batch payment.

• Temporarily assist with manual application of payments to open invoices until automatic payment file can be utilized in SAP which will transition to be an automated process post Phase 2.

• Assist with manual application of unscheduled immediate payments not included in the weekly payment batch file.

• Act as a backup person in managing the Concur application, overseeing expense management, travel, and reimbursement processes.
  

Competencies for Success

• Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions; conducts excellent and honest analysis; looks beyond the obvious and doesn’t stop at the first answer.

• Interpersonal Savvy - Able to relate well to all individuals within and beyond the organization; builds appropriate rapport along with constructive and effective relationships; uses diplomacy and tact.

• Perseverance -  Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.

• Dealing With Ambiguity - Can effectively cope with change and shift gears comfortably; can decide and act without having the total picture.

• Creativity - Capable of coming up with new and unique ideas; easily makes connections among previously unrelated notions.

• Technical Learning - Picks up on technical things quickly, capable of learning new skills and knowledge, good at learning new industry, company, product, or technical knowledge.

• Intellectual Horsepower - Demonstrated ability to deal with concepts and complexity comfortably; described as intellectually sharp, capable, and agile.

Requirements

• Bachelor's degree in Accounting or Finance.

• 5+ years of experience in accounting or related field.

• 3+ years of management experience with direct reports.

• Certified Public Accountant (CPA) designation required.

• Big 4 Accounting or Regional Accounting firm experience preferred. 

• SAP S/4 Hana or (or similar ERP accounting systems) experience is a very strong plus.

• Thorough knowledge and experience with US GAAP.

• Understanding of the Internal Control framework and SOX is a plus.

• Experience with lender compliance reporting is a plus. 

• Strong attention to detail and analytical skills.

• Strong written and verbal communication and interpersonal skills.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.  

Affirmative Action/EEO statement

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

Covid 19 Protocols:

NineDot continues to monitor local COVID-19 protocols mandated by state and federal governments. For those who will be joining events in person, you may be required to test before meetings.