Description
erp implementation
financial reporting
cash management
audit management
budget forecasting
accounting controls
The VP of Accounting and Finance is responsible for developing and overseeing the financial reporting, general ledger accounting, and cash management for a high-growth PE-backed power company with emphasis on renewables. This role will collaborate with other key members of management to enhance the efficiency and effectiveness of financial processes, controls, and reporting. This role will have a strong understanding of US GAAP and be responsible for maintaining and developing, as necessary, the Company’s accounting policies and controls. This role will also develop and maintain a deep understanding of financial performance and communicate insights to senior management and other key stakeholders, including leading initiatives to improve management, investor, and lender reporting.
- Establish and continuously develop an accounting and reporting function for a high-growth, multi-entity company
- Analyze legal contracts and documents for finance operations, accounting, and reporting implications and implement processes to address compliance with contracts
- Maintain and establish, where needed, accounting policies and procedures that are in accordance with US GAAP and that align with internal and external reporting objectives, including tax and lender requirements
- Partner with the finance function to assist in developing annual budgets and forecasts, and assessing and evaluating actual performance against budgeted to provide regular updates to executive management and other key stakeholders
- Lead coordination with IT and other cross-functional teams to implement an ERP system in a manner that aligns the chart of accounts and project entity hierarchies to meet internal and external accounting and reporting requirements
- Lead relationship with external audit firm and ensure completion of annual audit in a timely manner
- Lead a team of three to four for accounting and finance operations for the Company. Maintain a continuous improvement mindset for the accounting close with a focus on reducing the days to monthly close while improving accurate accounting records
- Oversee and assist with ad-hoc reporting and/or financial statement analysis requests for management, investors, or other stakeholders
- Maintain relationships with banks and lenders, including providing any necessary reporting
- Establish processes for budget to actual tracking and regular reporting
- Implement and maintain processes for cash management and play an active role in financing workstreams including debt financings and potential equity financings
- Lead the accounting due diligence, assessment of financial risks, and financial integration efforts
- Identify, communicate, and strategically approach resource needs to meet the accounting and reporting objectives, including utilizing offshore team to supplement local team
- Ensure technical accounting areas are being assessed and maintained (e.g. consolidations/eliminations, purchase price allocations, revenue recognition, equity, fixed asset policies etc.)
- Implement financial processes and controls to address financial and business risks. Oversee and maintain the company’s control matrix, accounting policies, and processes
- Review and ensure the accuracy, completeness, and compliance of monthly financial statements, including monthly income statements, balance sheets, equity statements and statement of cash flows
Requirements
cpa
bachelor's
big 4
gaap
private equity
consolidations
- Bachelor’s degree in accounting or finance
- Deadline driven and ability to manage multiple tasks
- CPA (preferred)
- Minimum 3 years’ Big 4 experience (preferred)
- Job cost and cost basis reporting experience
- Ability to organize, perform and prioritize various functions to meet deadlines with minimal supervision.
- Ability to apply common-sense understanding to carry out instructions
- Ability to make sound decisions
- Audit and internal control framework experience
- Strong analytical skills and detail-oriented
- Ability to work independently and to proactively evaluate and address work opportunities within the area of responsibility.
- Construction loan reporting experience (construction loan is a plus, lender reporting at minimum)
- Minimum 10 years’ experience in accounting/finance
- Private equity, and/or alternative investments experience, particularly partnership accounting
- Strong interpersonal skills and the ability to communicate well verbally and in writing
- Experience in complex consolidations, intercompany accounting and reconciliation, and subsidiary-level financial reporting across multi-entity structures
- Effective communication skills, both written and oral, and strong attention to detail
- Ability to solve practical problems
- Experience working with multiple legal entities under different legal umbrellas
- Extensive knowledge of GAAP accounting
Benefits
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
Up to 16 hours of volunteer time off
A variety of Medical, dental, and vision benefit plans
Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
Ongoing professional development programs
Up to 16 weeks of Paid Parental Leave
Wellness program, including monthly and quarterly prizes
401(k) savings plan, with company match
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. At CIM, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Los Angeles, CA is $180,000 - $220,000.
Company paid life and disability insurance
Health Savings Account with a generous employer contribution
Training + Development
Information not given or found