Accounting Manager SunRun
Who We Are
Sunrun?s mission is to make solar energy affordable for more people. We help people upgrade their home to solar energy without the big upfront costs. Instead, we use a variety of project finance structures to purchase solar facilities for our homeowners and sell them electricity under long-term contracts. We are the leader in our field, having more than double the market share of our closest competitor ? and we are looking for high performers to join our team and help us scale as we grow across thousands of households across over ten states.
The Accounting Manage role is within our fund accounting group and will provide oversight to the Company?s solar energy fund portfolio and manage the operational, accounting, tax, reporting and compliance requirements associated with these funds. The solar energy fund structures are financing vehicles used to finance the leasing of solar energy systems and include partnerships, inverted lease structures and non-partnership lease pass through structures.
The Accounting Manager will manage a team, providing hands on guidance at both a technical accounting and operational level. This position will liaise cross functionally with internal groups such as Asset Management, Project Finance, Legal, IT, Operations and Corporate Tax to ensure investor reporting, compliance and tax filing requirements are met.
The position requires a highly motivated individual experienced in operating with senior management and executive level employees and who can exhibit and inspire confidence.
The Accounting Manager reports to the Assistant Fund Controller but will need to work cross functionally on a variety of fund portfolio issues.
Responsible for completion of accounting for specific funds and performing detailed review of account reconciliations including Accounts Receivable, Construction in Progress, Fixed Assets, Prepaid Rent, Deferred Revenue, and Equity accounts.
Manage the monthly close process for specific funds.
Development of an annual operating plan with a defined close and compliance calendar by fund.
Assist in consolidation of legal entities and provide reporting and analysis to executive management and investors.
Manage quarterly review and annual fund audits, interfacing with external auditors, taking responsibility for all phases of the review/audits including the review and coordination of audit work papers.
Manage the on-boarding of new funds providing detailed analysis of fund accounting requirements for each new fund as well as the management and provision of full back-office support.
Research technical accounting issues to ensure proper accounting treatment in accordance with US GAAP.
Management of a team of fund accountants to ensure operational alignment of each fund to ensure the achievement of each fund?s contractual obligations.
Work with the Funds team to implement and improve processes.
Assist in departmental, resource and project planning.
Assist with Oracle implementation, by providing business requirements, process design, and performing user testing.
Other ad hoc projects as needed.
Bachelor?s degree in Accounting or Finance related field
5 to 7 years experience with at least 2 years in a management role
CPA and public accounting experience; preferably from the Big 4?Solid understanding of GAAP; knowledge of lease accounting, partnership and fund accounting knowledge highly desirable.
Ability to interpret complex structured finance models
Ability to prioritize and multi-task accordingly in a fast paced environment is required
Must be detailed-oriented and highly organized
Excellent written and verbal communication skills
Oracle R12 or comparable system experience desirable,
Expert in Excel required
||San Francisco, CA |