Supervisor, Renewable Project Accounting

Do you want to work with high caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Join us at SB Energy, a leading company backed by SoftBank and Ares pairing cutting-edge innovation with best-in-class execution. Our Mission is to provide reliable, affordable energy at scale to support America’s growing energy demands.

Headquartered in Redwood City, CA, SB Energy develops, builds, owns & operates some of the largest and most technically advanced energy and data center infrastructure projects in the United States. Since launching in 2019, the company has rapidly grown into a top-tier integrated platform with over 3 gigawatts (GW) in operation and a multi-GW pipeline of energy and data center infrastructure nationwide. SB Energy also utilizes its strong culture of innovation to identify and incorporate new technology into our projects, including our AI-based digital platform, to deliver energy infrastructure that is local, reliable, and matched to load. We are building the energy and technology future—today.

Come join us in accelerating the energy transition to cleaner, more sustainable sources of power!

Title: Supervisor, Renewable Project Accounting Basic Function

The Supervisor – Renewable Project Accounting is responsible for timely and accurate accounting over SB Energy utility scale renewable solar and storage projects. The role will be responsible for financial data management, journal entries, perform account reconciliations, timely completion and execution of monthly and quarterly close tasks, and internal controls. This role oversees, review and approve the work of two junior/ senior accountants overseas. This position ensures all appropriate and significant transactions of the Company and its power projects are properly researched, documented, and recorded in accordance with supporting authoritative US GAAP. In addition, this position will also work with and liaise directly with the Company’s external auditors, under the direction of Director - Renewable Project Accounting.

Responsibilities

- Execute the monthly, quarterly, and year-end close process within clearly-defined time frames.

- Accounting for intercompany billings between the operating parent entities and underlying projects and working in close cooperation with other team members and management.

- Develop strong relationships with project managers to ensure the reflection of our business transactions in the ledgers in an efficient and accurate manner, timely collections, and development of business knowledge.

- Assist in preparation of consolidated accounting and financial reporting requests.

- Ensure monthly data maintenance of lease accounting (ASC842).

- Ensure all reports and supporting documentation as required by internal Controls are properly approved and retained.

- Prepare periodic comparative variance analysis as required.

- Communicate with internal Structured Finance, Projects, and Operations and Maintenance teams to ensure understanding of the business and accuracy of all financial statements.

- Complete other general accounting tasks as assigned.

- Perform analytical functions necessary to achieve an accurate and timely general ledger month-end close.

- Research and document technical accounting issues in accordance with US GAAP.

- Work closely with the independent external auditors on the annual audit of affiliated legal entities based on GAAP.

- Collaborate with and respond to ad hoc requests from key stakeholders within the organization.

- Identify and suggest improvements to processes to increase efficiency or effectiveness of work.

- Ensure compliance with the company’s accounting policies/procedures (including SOX)

- Perform all aspects of work with a high degree of effectiveness, efficiency, and accuracy.

Qualifications/Requirements

- Bachelor's Degree in Accounting from an accredited college or university.

- Minimum of 5 years in general accounting. Audit experience is required.

- Supervisory experience:1-3 years.

- CPA is preferred.

- SOX compliance experience is preferred.

- Experience working in project accounting within engineering and construction, or Energy industry is preferred.

- Familiarity with financial reporting for renewable power plants (Photo Voltaic, Battery Energy Storage System, Data Center) and the nuances of renewable energy tax incentives.

- ERP system experience is required, preferred NetSuite, and proficiency with Excel such as pivot tables, formulas, and proficiency with other Microsoft Office products.

- Detail-oriented and adaptable to changing working requirements.

- Detailed understanding of the life cycle of projects and project accounting principles.

- Strong interpersonal (verbal and written) communication skills are essential. Ability to communicate with various levels of management and clients is required.

- Must be highly detail oriented and results focused, with strong organizing, multi-tasking, and prioritizing skills.

- Strong work ethic and team player. High degree of professionalism; flexible work assignments.

- Strong sense of ethics and ability to deal sensitively with confidential material.

- Strong problem-solving, and analytical skills.

Travel Requirements

Location:

San Francisco Bay Area, San Diego, CA, Washington D.C., Phoenix, AZ, Dalla and Huston TX preferred. Open to remote work.

The position may require up to 5% domestic travel (once normal travel requirements resume).