Assistant Controller, SolarEdge
$110-130k
5 days a week in office (Milpitas, CA)
Solar inverter design and manufacturing
Open for applications
Solar inverter design and manufacturing
1001+ employees
Open for applications
$110-130k
5 days a week in office (Milpitas, CA)
1001+ employees
Company mission
To become the leading provider of inverter solutions across all PV market segments and broaden the availability of clean, renewable solar energy.
Role
Who you are
- BA degree in Accounting, Finance, or related field is required
- CPA preferred
- 6+ years of experience in a multi-site accounting role handling reporting, reconciliations, and associated accounting issues
- Strong knowledge of ERP Systems (Oracle Fusion preferred); advanced skills in Microsoft Excel and PowerPoint
- Experience in start-ups with the ability to scale SOX and GAAP processes
- Ability to multi-task in a fast-paced environment and meet monthly deadlines
- Strong analytical and problem-solving skills, along with excellent oral and written communication skills
- Must be self-motivated, organized, and detail-oriented, with a commitment to maintaining confidentiality
What the job involves
- The Assistant Controller supports the Controller in managing accounting and financial reporting processes for the parent company. This role is essential in ensuring compliance with global accounting standards and maintaining the integrity of consolidated financial statements in accordance with US GAAP
- The Assistant Controller will also assist in the development and implementation of internal control policies and procedures
- Assist in managing accounts payable processing, including data entry, reconciliation of vendor invoices, and ensuring timely payments
- Support oversight of external accounting and bookkeeping providers
- Help set up and manage day-to-day accounting activities, including closing revenue cycles, associated reporting and reconciliations, and posting journal entries
- Assist in implementing and managing SOX processes for Finance and Accounting disciplines
- Collaborate with accounting staff and provide support in their development
- Prepare monthly financial reports for the Corporate finance department
- Assist in preparing payments and accruing expenses
- Help manage local bank accounts and prepare payments according to approved invoices and payment instructions
- Aid in achieving budget objectives by tracking expenditures and analyzing variances
- Help establish and monitor effective financial controls within the organization and assist in coordinating with auditors
- Analyze and ensure proper journal entries and classifications in the General Ledger
- Assist in developing and implementing accounting procedures in accordance with HQ guidance by analyzing current practices and recommending changes
- Assist in the proper registration of company fixed assets and maintain asset protection
- Assist in inventory management, costing, and reporting practices
- Support North America financial-related audits, including Workers' Compensation audits
- Prepare monthly, quarterly, and annual financial reporting packages
- Assist in the annual SOX financial audit and contribute to technical write-ups in support of the audit
Our take
Solar energy harvesting is looking set to be big business, with countries across the globe pledging to pivot towards greener power - and investing heavily in order to do so. It means there’s plenty of cash and custom to play for, and the most innovative companies are winning big - SolarEdge among them.
With strings of solar energy harvesting panels, central inverters typically limit string output to the level of the lowest performing panel, which isn’t optimal: one shaded panel can pull down the performance of the entire string. SolarEdge’s innovation is to install power optimizers on each panel, thereby both tracking the maximum power point at the modular level, and allowing for more granular performance monitoring.
From there, SolarEdge has developed out into a wealth of clean energy solutions worldwide - most recently, a 2Gwh battery cell facility in South Korea, which has helped boost profits and stock market performance. This regional and product diversification could prove crucial to SolarEdge: in the US at least, there’s rumblings of discontent that its technology infringes on Ampt, a North American market leader, which could prove an obstacle to imports in a key market.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Mar 2014
$58m
SERIES D
Oct 2011
$37m
LATE VC
Total funding: $154.8m
Company HQ
Herzliya, Tel Aviv District
Leadership
Yoav Galin
(VP R&D)Previously spent over a decade at Israel's Electronics Research Department.
Meir Adest
(CPO)Worked with the IDF, first as a Software Team Leader, then as a Section Leader.
Amir Fishelov
(VP Strategy and Corporate Development)Previously worked as a Project Manager with the IDF.
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