Vicinity Energy is North America’s largest provider of district energy solutions, offering low carbon energy to most of the iconic buildings you see in the skylines of Boston, Cambridge, Philadelphia, Baltimore and many other cities in the US. As a member of the communities we serve, all of us at Vicinity understand the critical role we play in reducing the impacts of climate change and being a leader in decarbonization. We are committed to net zero and eliminating our reliance on fossil fuels, but we need the best and the brightest minds on our team to help us reach our goal, not only for us as a company, but for our customers, our communities, and our planet.
Summary:
The Regional Director of Finance oversees all accounting and finance activities and responsibilities for the energy businesses in Baltimore and smaller districts in other cities such as Atlanta and Washington DC. The ideal candidate will be detail oriented and a motivated “self-starter” seeking professional growth into a key business partner role. This position reports to the VP of Operations with a dotted line to the Chief Financial Officer, and is a full-time, exempt, non-union position. This opportunity is located in Baltimore, MD and a hybrid schedule with 3 days in the office and Mondays and Fridays work from home. The compensation range for this position is $130-200K plus 20-25% bonus target.
Responsibilities:
•Manage a team of 5 professionals in Baltimore (Accounting, Finance, and Billing).
•Prepare budgets and forecasts utilizing advanced Microsoft Excel modeling and analytical skills.
•Prepare and present various reports for Corporate Finance and Management.
•Present financial results and recommend actions to improve operating performance to senior management.
•Consolidate journaled financial transactions to prepare and review monthly reporting summary files including in-depth variance analysis to budgeted plans.
•Manage Capital Expenditure process including budgets, forecasts, project approvals and project accounting.
•Deliver oral presentations regarding results and budgets to Key Stakeholders.
•Implement financial management tools.
•Ensure integrity and accuracy of financial data.
•Consolidate and analyze data and financial performance.
•Manage and communicate effectively with management and CFO.
•Prepare fuel rate forecasts.
•Manage customer billing and invoice data.
•Manage and develop the team.
•Record all accrual and reclass journal entries in the ERP system (Microsoft Dynamics 365 Finance and Operations), review general ledger detail to ensure all entries are recorded properly, and summarize financial transactions to produce accurate financial statements including Balance Sheets, Income Statements, Statement of Owner's Equity and Statement of Cash Flows, in accordance with Generally Accepted Accounting Principles.
•Completion of monthly balance sheet reconciliations, including itemizing/categorizing balances on lead summary sheet and saving applicable support for all balances for review by corporate controller.
•Ad hoc requests from private equity ownership delivered by Director of Financial Planning and Analysis and/or Chief Financial Officer.
•Prepare standalone financial statements and lead annual presentation(s) with counterparties for various sites, in accordance with contractual requirements.
•Review contract models developed by account management and business development (both new business and contract renewals) to ensure agreement with inputs and NPV of deals prior to contract review by senior leadership.
Basic Qualifications:
•B.S. in Accounting, Finance, Business, or related field.
•Minimum of 10 years of experience in a business support, finance, or accounting role in an energy service, industrial, or manufacturing industry.
•Proficiency in Microsoft Office Suite. Advanced Excel skills to include financial models, pivot tables, macros, etc. required.
•Excel modeling, data analytics, and technical accounting proficiency testing to be provided to candidates at company discretion.
•Minimum of 3-5 years’ experience managing personnel.
•Soft skills, including the ability to effectively evaluate and provide training to staff as needed.
•Comfortable leading discussions with senior leaderships on a frequent basis, including the executive team.
•Ability to manage and develop the site Finance and Accounting team.
•Technical accounting skills in accordance with Generally Accepted Accounting Principles (GAAP).
Preferred Qualifications:
Other Qualifications:
•Experience with Microsoft Dynamics 365.
•Experience with CC&B (billing software) or Maximo Procurement Software.
•Comfortable with financial operations in a manufacturing environment and the energy sector a plus.
Physical Requirements:
•Typically spends time in office environment which may be fast paced with multiple and changing priorities.
•This position may require some travel up to 10% of the time.
Benefits:
•FMLA up to 12 weeks based on approval
•120 hours accrued annually which equals 4.62 hours per pay period
•40 hours per calendar year prorated based on month of hire
•100% pay up to 160 hours upon birth or adoption of a child; must be used in weekly increments
•7 paid holidays annually
•40 hours per calendar year prorated based on month of hire
•Including Roth option with matching contributions: 100% of first 1% your contributions and 50% of the next 5% of your contributions.
EQUAL EMPLOYMENT OPPORTUNITY POLICY STATEMENT Vicinity North America is an Equal Employment Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Baltimore, MD
Full-time
$130,000-$200,000
