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Job Location drjobs

Newport Beach, CA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company Overview
esVolta LP is a leading developer owner and operator of utilityscale energy storage projects across North America. We are at the forefront of the fastgrowing battery energy storage market and our projects are helping to transition the nations electric grid to a cleaner and more reliable future. Our storage projects provide major utilities with a multitude of important services including reliable fastramping capacity energy and ancillary grid services including renewable energy integration support.

esVolta is independently owned and we are among the largest players in the US energy storage sector with about1.5GWh of projects in operation orconstruction under contract with utilities and other power buyers and a 20 GWh development pipeline of upcoming project opportunities.

We are headquartered in Newport Beach California with employees in multiple regions across the U.S. Our diverse management team has many decades of experience in the renewable energy utility and independent power sectors.

Culture
At esVolta every employee makes an impact to the companys growth and profitability every day. We have a fastpaced highperformance and teamoriented culture. We value quality of life and flexibility for our employees and strive to help our team members achieve their career goals.

Apply today to start an extraordinary career.


Job Description
We are seeking a dynamic and experiencedControllerto oversee the controllership function at esVolta. This highvisibility role will manage and lead the companys accounting operations financial reporting and internal controls. The Controller will oversee a growing finance team and work closely with the CFO and senior leadership to provide accurate and timely financial information that supports the companys fastpaced growth and strategic initiatives.

As a highgrowth and dynamic company in the rapidly evolving energy storage sector esVolta offers an exciting opportunity for a financial leader who thrives in an innovative resultsdriven environment. This role requires a deep understanding of complex accounting transactions including tax equity financing project finance and derivative transactions. The ideal candidate will be adept at navigating the complexities of largescale capital projects while maintaining strong internal controls and reporting standards.


Key Responsibilities
  1. Controllership Leadership:
    • Oversee the entire controllership function including accounting financial reporting and internal controls.
    • Lead mentor and develop a highperforming accounting team to support the companys growth and evolving needs.
    • Ensure compliance with US GAAP accounting principles and regulatory requirements.
    • Manage the monthly quarterly and annual close processes ensuring timely and accurate financial statements.
    • Develop and maintain robust financial policies and procedures to ensure effective internal controls.
  2. Financial Reporting & Analysis:
    • Prepare and present financial reports to senior leadership including profit and loss statements balance sheets and cash flow statements.
    • Provide detailed variance analysis identifying and explaining significant deviations from budget/forecast.
    • Support CFO and leadership in strategic financial planning forecasting and budgeting processes.
    • Oversee the preparation of financial reports for external stakeholders including lenders investors and regulators.
  1. Project Accounting & Cost Management:
    • Ensure accurate tracking of project costs and budgets across esVoltas utilityscale energy storage projects.
    • Implement project accounting systems and processes to manage largescale capital expenditures project financing and cost allocation.
    • Collaborate with project managers and crossfunctional teams to provide visibility into project financial performance.
  2. Tax Equity Financing & Complex Transactions:
    • Manage and support accounting for tax equity financing structures ensuring compliance with relevant accounting and tax requirements.
    • Oversee accounting and reporting for complex financial instruments including derivatives hedging transactions and other projectrelated financial products.
    • Work with the CFO Structed Finance and Tax team to ensure appropriate tax strategies and financing structures are in place to optimize capital efficiency.
  3. Treasury & Cash Flow Management:
    • Work closely with treasury team to monitor cash flow and liquidity to ensure the company has the necessary financial resources to meet operational and strategic goals.
  4. Audit & Compliance:
    • Lead the preparation and coordination of external audits working closely with external auditors to ensure timely and accurate audits.
    • Ensure compliance with local state and federal regulations including tax filings reporting requirements and corporate governance.
  5. Collaboration Across the Organization:
    • Collaborate closely with internal teams including commercial asset management tax legal and operations to ensure alignment on financial goals project budgets and strategic initiatives.
    • Work with crossfunctional stakeholders to provide financial insights that drive business decisions mitigate risks and support ongoing project development and operational success.
    • Build and maintain strong relationships with various teams across the organization to foster a culture of transparency cooperation and continuous improvement.
  6. System Implementation & Process Improvements:
    • Identify opportunities to streamline financial processes and implement best practices to improve efficiency and accuracy.
    • Lead or contribute to the implementation of financial software systems (e.g. ERP project accounting software) to support the companys growth and operational needs.

Skills and Qualifications
Education & Experience:
  • Bachelors degree in accounting finance or related field (CPA or CMA preferred).
  • Minimum of 710 years of experience in accounting or finance with at least 35 years in a leadership role.
  • Experience in energy infrastructure or project finance sectors required.
  • Strong understanding of US GAAP financial reporting requirements and accounting for complex transactions including tax equity financing and derivatives.
  • Strong leadership and team management skills with a proven track record of developing and mentoring finance teams.
  • Exceptional analytical and problemsolving skills with the ability to think strategically and act tactically.
  • Advanced proficiency in accounting software (e.g. NetSuite SAP or similar) Excel and financial modeling tools.
  • Experience with ERP systems and financial software implementations is a plus.
  • Ability to manage multiple priorities in a fastpaced highgrowth environment.
  • Experience with complex financial transactions including tax equity financing and hedging strategies in a projectbased context.
  • Proven ability to collaborate effectively across teams and work with a wide range of stakeholders including commercial asset management tax legal and operational teams.
Personal Attributes:
  • High integrity and ethics with a commitment to transparency and accuracy.
  • Strong attention to detail with the ability to see the bigger picture.
  • A proactive solutionsoriented mindset with the ability to drive continuous improvements.
  • Ability to thrive in a dynamic rapidly changing environment and take on new challenges.

Compensation
The anticipated annual salary plus bonus for this position is listed below. The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.


Title: ControllerSalary: $240000Bonus: 30

Location
  • Flexible option to workfromhome with periodic office visits for inperson engagement or to work from company offices in Newport Beach. For workfromhome option must have a dedicated workspace and strong internet connectivity.
  • Requires ability to travel to company offices project sites and business meetings as needed.
esVolta is an Equal Opportunity Employer.
We celebrate all forms of diversity and are committed to creating an inclusive environment for all employees. However you identify or whatever your path here we encourage you to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process perform essential job functions and receive other benefits and privileges of employment.

Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

About Company

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