Coast Energy
Job Title and Details
Job Title:
Senior Accountant Location:
El Segundo, CA or Remote (preference for Pacific or Mountain time Zones, USA) Start Date:
Immediate Compensation:
$100k + annual performance bonus About Coast
Coast ("Coast" or the "Company") is a rapidly growing, PE-backed commercial and industrial ("C&I") solar energy development firm. By offering innovative solutions to finance and operate solar energy for commercial businesses, Coast is disrupting the way commercial building owners purchase electricity. Through the backing of its financial sponsor, Crosstimbers Capital Group, Coast is on a path to develop, finance and operate $300+ million of commercial solar projects across the United States over the next several years. Coast owns the solar systems installed on the roofs of commercial buildings and sells solar electricity to building owners at a rate that is typically less than their current electricity provider. We are looking for talented, results-oriented, self-starters who will consistently deliver exceptional results to our customers and investors in pursuit of becoming the leading C&I solar provider in the United States. Expected outcomes and requirements
Coast is excited to hire a Senior Accountant to help the business navigate its continued rapid growth. Reporting to the Controller (and strong "dotted line" to CFO), this individual will be responsible for tackling complicated accounting for multiple solar project entities. As a Senior Accountant, you will handle a wide range of day-to-day accounting functions along with month-end, quarterly, and annual tasks. Your responsibilities include reviewing transactions, creating journal entries, financial reporting, account reconciliations, process improvements, and other routine functions. A summary of the position's key responsibilities include: General Accounting (40%)
Perform daily transactional accounting activities including cash management, purchase requisitions and account reconciliations. Analyze solar project cost variances to budget. Analyze, manage and record journal entries for invoices, disbursements and other transactions. Ensure all transactions are coded accurately to the appropriate entity and project. Accurately and timely allocate solar project costs, including legal expenses and general project costs. Record journal entries related to various transactions including debt, equity, leases, fixed assets, among others. Provide support to internal employees and management as needed, and perform tasks related to special projects. Closing and Reporting (30%)
Prepare monthly internal financial reports, reconciliations, covenant calculations, and consolidated financial statements. Execute month-end, quarter-end, and year-end closing activities, including variance reports and trend analysis. Assist with preparing financial statements and reports, such as profit and loss statements, balance sheets, and cash flow statements. Prepare month-end account reconciliations for several consolidated subsidiaries. Assist in preparing monthly analytics to explain budget to actual and other account variances. Process and System Improvements (20%)
Enhance month-end account reconciliations. Identify and implement enhancements to the accounting system, focusing on automating recurring transactions and improving efficiency. Develop and refine processes for collecting, analyzing, recording, and reporting accounting data. Continuously seek opportunities to improve Excel workpapers and models. Audit Tasks (10%)
Prepare audit-ready workpapers and provide supporting schedules and back-ups during audits. Coordinate with auditors to address questions and inquiries efficiently. Minimum Qualifications
Education and Experience:
This position requires a combination of education and experience equivalent to a Bachelor’s degree in accounting or related field; and 3-5 years of experience in accounting or related field. Solar industry experience is a plus. Knowledge, Skills, and Abilities: Technical accounting: Strong organizational skills with the ability to perform the accounting for several subsidiaries. Experienced in multi-entity, intercompany transactions, and fund accounting. Experienced in creating account reconciliations and improving monthly processes. NetSuite: Experience with Oracle NetSuite in terms of creating journals, transactions, reconciliations, uploading data and creating custom reports. Control: Experience creating process documentation to facilitate greater financial control. Bookkeeping: skilled at all facets of bookkeeping and account reconciliation. Efficiency: experience identifying and implementing improvements to process, reports, software. Communication: Strong written and verbal communication skills. Excel: Intermediate to advanced level Excel skills; familiar with xlookup, sumifs, sumproduct, index, match and similar functions. Can-do attitude: Proactive approach and commitment to achieving objectives on time. Certifications and/or Licenses:
CPA or equivalent experience Note:
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities. Duties may change at any time with or without notice. This document does not represent an employment contract. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance Industries
Solar Electric Power Generation
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Job Title:
Senior Accountant Location:
El Segundo, CA or Remote (preference for Pacific or Mountain time Zones, USA) Start Date:
Immediate Compensation:
$100k + annual performance bonus About Coast
Coast ("Coast" or the "Company") is a rapidly growing, PE-backed commercial and industrial ("C&I") solar energy development firm. By offering innovative solutions to finance and operate solar energy for commercial businesses, Coast is disrupting the way commercial building owners purchase electricity. Through the backing of its financial sponsor, Crosstimbers Capital Group, Coast is on a path to develop, finance and operate $300+ million of commercial solar projects across the United States over the next several years. Coast owns the solar systems installed on the roofs of commercial buildings and sells solar electricity to building owners at a rate that is typically less than their current electricity provider. We are looking for talented, results-oriented, self-starters who will consistently deliver exceptional results to our customers and investors in pursuit of becoming the leading C&I solar provider in the United States. Expected outcomes and requirements
Coast is excited to hire a Senior Accountant to help the business navigate its continued rapid growth. Reporting to the Controller (and strong "dotted line" to CFO), this individual will be responsible for tackling complicated accounting for multiple solar project entities. As a Senior Accountant, you will handle a wide range of day-to-day accounting functions along with month-end, quarterly, and annual tasks. Your responsibilities include reviewing transactions, creating journal entries, financial reporting, account reconciliations, process improvements, and other routine functions. A summary of the position's key responsibilities include: General Accounting (40%)
Perform daily transactional accounting activities including cash management, purchase requisitions and account reconciliations. Analyze solar project cost variances to budget. Analyze, manage and record journal entries for invoices, disbursements and other transactions. Ensure all transactions are coded accurately to the appropriate entity and project. Accurately and timely allocate solar project costs, including legal expenses and general project costs. Record journal entries related to various transactions including debt, equity, leases, fixed assets, among others. Provide support to internal employees and management as needed, and perform tasks related to special projects. Closing and Reporting (30%)
Prepare monthly internal financial reports, reconciliations, covenant calculations, and consolidated financial statements. Execute month-end, quarter-end, and year-end closing activities, including variance reports and trend analysis. Assist with preparing financial statements and reports, such as profit and loss statements, balance sheets, and cash flow statements. Prepare month-end account reconciliations for several consolidated subsidiaries. Assist in preparing monthly analytics to explain budget to actual and other account variances. Process and System Improvements (20%)
Enhance month-end account reconciliations. Identify and implement enhancements to the accounting system, focusing on automating recurring transactions and improving efficiency. Develop and refine processes for collecting, analyzing, recording, and reporting accounting data. Continuously seek opportunities to improve Excel workpapers and models. Audit Tasks (10%)
Prepare audit-ready workpapers and provide supporting schedules and back-ups during audits. Coordinate with auditors to address questions and inquiries efficiently. Minimum Qualifications
Education and Experience:
This position requires a combination of education and experience equivalent to a Bachelor’s degree in accounting or related field; and 3-5 years of experience in accounting or related field. Solar industry experience is a plus. Knowledge, Skills, and Abilities: Technical accounting: Strong organizational skills with the ability to perform the accounting for several subsidiaries. Experienced in multi-entity, intercompany transactions, and fund accounting. Experienced in creating account reconciliations and improving monthly processes. NetSuite: Experience with Oracle NetSuite in terms of creating journals, transactions, reconciliations, uploading data and creating custom reports. Control: Experience creating process documentation to facilitate greater financial control. Bookkeeping: skilled at all facets of bookkeeping and account reconciliation. Efficiency: experience identifying and implementing improvements to process, reports, software. Communication: Strong written and verbal communication skills. Excel: Intermediate to advanced level Excel skills; familiar with xlookup, sumifs, sumproduct, index, match and similar functions. Can-do attitude: Proactive approach and commitment to achieving objectives on time. Certifications and/or Licenses:
CPA or equivalent experience Note:
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities. Duties may change at any time with or without notice. This document does not represent an employment contract. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance Industries
Solar Electric Power Generation
#J-18808-Ljbffr