About David Energy
David Energy is creating a new kind of power company.
Traditional Retail Electricity Providers (REPs) are outdated, opaque, and painful for customers to engage with.
We use software to monitor our customers' real-time energy usage, and we aggregate and analyze that data to maximize the value they get from their energy assets - batteries, EVs, HVAC systems and other distributed energy resources (DERs) via participation in energy markets.
Our mission is to run the grid on clean energy 24/7.
About the Role
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.
Responsibilities 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 Requirements 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 Experience in energy fields is required with understanding of retail electricity preferred 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 Highly motivated about our mission to run the grid on clean energy 24/7 Benefits Base salary of $100,000-$130,000 plus equity Group medical and dental insurance 401k Flexible vacation/PTO policy Flexible work model (NYC office with fully remote candidates welcome)