Oceans
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 Traditional Retail Electricity Providers (REPs) are outdated, opaque, and painful for customers to engage with.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 Controller or 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–$160,000 plus equity
Group medical and dental insurance
401k
Flexible vacation/PTO policy
Flexible work model (NYC office with fully remote candidates welcome)
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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 Controller or 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–$160,000 plus equity
Group medical and dental insurance
401k
Flexible vacation/PTO policy
Flexible work model (NYC office with fully remote candidates welcome)
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