Fund Controller SunRun
THIS JOB HAS EXPIRED 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 Fund Controller 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, sale leaseback and non-partnership lease pass through structures.
The Fund Controller will manage a team of fund accountants and provide 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 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 in dealing directly with new and existing portfolio investors.
The Fund Controller reports to the Assistant Controller but will need to work cross functionally on a variety of fund portfolio issues.
Overall Responsibilities Include
Monthly accounting, performing a detailed review of monthly GAAP and operational reports for each fund
Assisting in the preparation and measurement of budget to actual performance and the optimization of profitability for each fund
Quarterly review and annual audits interfacing with external auditors and tax preparers, taking responsibility for all phases of the review/audits including the review and coordination of audit work papers
Assist in the preparation and review of annual fund and partnership tax returns and provide assistance to Tax in the completion and filing of such returns
Monitor the funds and underlying asset performance in conjunction with the Asset Management Group and prepare periodic analysis and compliance reporting for the fund partners on a periodic basis for internal review and external reporting
Assist with management of new investor capital contribution requests and computation of cash distributions to investors based on the waterfall calculations within each fund structure.
Provide assistance in the coordination and development of fund tranches for investor capital contributions including aggregation and presentation of supporting documentation
Manage the on-boarding of new funds providing detailed analysis of fund accounting responsibilities for each new fund as well as the management and provision of full back-office support
Management of the Fund Accounting team to ensure operational alignment of each fund to ensure the achievement of each fund?s contractual obligations
Development of an annual operating plan with a defined close and compliance calendar by fund
Research technical accounting issues to ensure proper accounting treatment in accordance with US GAAP
Respond to investor inquiries and prospective investor requests as needed
Assist in the compilation and review of information required for the payment of any solar incentives, such as US Treasury Grant cost certification
Other ad hoc projects as needed
Bachelor?s degree in Accounting or Finance related field
CPA and public accounting experience; preferably from the Big 4
Solid understanding of GAAP; knowledge of lease accounting, partnership and investment accounting knowledge highly desirable
Working tax knowledge pertaining to corporate and partnership tax guidance
Ability to interpret complex structured finance models
A minimum of seven years work experience
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
Must be proficient with Oracle (OLFM desired), MS Office (Excel, Word, PowerPoint, Outlook)
||San Francisco, CA |
THIS JOB HAS EXPIRED