Controller / Accounting Manager, David Energy
$100-160k
+ Equity Options
Smart electricity for home & business
Open for applications
Smart electricity for home & business
21-100 employees
Open for applications
$100-160k
+ Equity Options
21-100 employees
Company mission
To create a power grid that runs on 100% clean energy.
Role
Who you are
- Bachelor’s degree in finance, accounting, or related field
- CPA and / or Master’s in accounting is preferred
- 4+ years of experience across public and private accounting
- Fluent understanding of GAAP and accounting methodologies
- Demonstrated ability analyzing data and documents to define accounting treatment
- Excellent communication skills, and ability to articulate financial information clearly
- Highly organized and detail oriented, able to manage various records and processes
- Ability to anticipate future challenges,take initiatives, and drive innovative solutions
- Continuous improvement mindset
- Commitment to the highest standards of quality and integrity
- Proficiency with accounting tools including Quickbooks Online and accounting systems
- Proficient with Microsoft Office, especially Excel for financial and analytical computations
- Experience in and understanding of the retail electricity industry is a plus
- Highly motivated about our mission to run the grid on clean energy 24/7
What the job involves
- We are seeking a full-time Accounting Manager to join our Finance team and play a crucial part in developing and managing core workflows and accounting systems at the company
- The role will be responsible for day-to-day accounting activity and managing the month end close process, including revenue and expense accruals, balance sheet management, and reconciliations, as well as preparing financial reporting deliverables
- Additionally, the role will support timely completion and assistance with quarterly and annual financial reporting as well as other ad hoc projects as assigned, covering accounting and financial reporting
- Perform day-to-day accounting activities
- Independently prepare schedules and journal entries in our General Ledger
- Utilize accounting tools and financial reporting software to create, maintain and update financial reports
- Monitor and review financial and bank statements by establishing internal controls to ensure financial transactions are recorded accurately and timely
- Manage our accounts payable transactions
- Proactively notify team of any accounting/reporting issues or concerns
- Analyze, review, and report our realized retail electricity margin by geography and customer segment
- Execute accrual calculations to calendarize and recognize billed and unbilled retail electricity revenue
- Review and validate settlement data and invoices to calculate and journal cost and expense accruals
- Evaluate and report on realized margin by geography and customer segments
- Utilize accounting tools and financial reporting software to create, maintain and Execute the monthly close process within clearly-defined time frames
- Develop and manage a month end close checklist that includes required tasks for each financial statement line item with due dates and personnel assignments
- Manage our monthly revenue recognition and cost accruals
- Refine and/or create month end close reconciliations and other required month end close documentation
- Ensure new processes and policies are designed to allow for accurate accounting and financial reporting in accordance with GAAP
- Establish an organized approach for maintaining month end close documentation
- Assist with the preparation of unaudited and audited financial statements in compliance with GAAP and relevant reporting requirements
- Compile financial statements and footnote schedules, providing data requests to external auditors, and providing substantial support for audit selections
- Assist with identifying and researching technical accounting and reporting matters, accounting principles and financial reporting rules
- Document accounting policies and procedures
- Keep abreast of and apply GAAP and relative company policies, practices, and procedures
- Keep senior management informed about potential changes in accounting rules being proposed by accounting standard setters, including the potential impact to financial statements
- Collaborate with and respond to ad hoc requests from key stakeholders within the organization
Our take
David Energy is an electricity provider focused on clean energy for residential and commercial customers. It integrates smart devices like EVs, batteries and thermostats to optimize energy use, reduce costs, and reward conservation, making energy more efficient and environmentally friendly.
Founded in 2019, David offers energy management for businesses as well as services for homeowners with smart energy systems. By leveraging existing assets, the company helps stabilize the grid while maximizing renewable energy use.
Recently, the company raised substantial funding to expand its operations and scale its services. Supporting its mission to decarbonize the grid and make clean energy accessible 24/7, and ultimately, positioning the company to become a leader in the clean energy transition.
Freddie
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Sep 2024
$23m
EARLY VC
Mar 2022
$20.5m
SERIES A
Total funding: $49.1m
Company benefits
- Group medical and dental insurance
- Flexible vacation/PTO policy
- 401k
Company HQ
Civic Center, New York, NY
Leadership
James McGinniss
(Co-Founder & CEO)Alongside David Energy, they are a Co-Organizer at DER Task Force. Previously Founded Texas Guadaloop where they served as the Team Lead. They also worked as an Engineer at Alba Energy.
Brian Maxwell
(Co-Founder & Board Member)Founder and CEO of Green Hydrogen International. They are also the Founder and Managing Partner at EastEdge Energy and NowSolar. Previously they worked as an Energy Policy Researcher at Cato Institute.
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