Financial Reporting Director directs and oversees the preparation and distribution of all periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Director confirms that entries, transactions, and accounts are accurately and properly consolidated and are included in internal and external financial statements. Advises management of trends and changes in reporting requirements and recommends best approach for any changes in reporting. Additionally, Financial Reporting Director may serve as a liaison with or oversee the work of external auditors. May direct the preparation of materials for board or shareholders. Requires a bachelor's degree of Accounting or Finance. Typically reports to top management. The Financial Reporting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Reporting Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Job Title: Director of Technical Accounting and Financial Reporting Date Posted: 05/02/24
Company Description:
Founded in 2009, One Energy is an industrial power company that is decarbonizing manufacturing, enabling customer control, and building the customer-centric power grid of the future. The company provides physical solutions including Wind for Industry® and ManagedHV™, as well as analytics and commercial offerings to enable end users to fully customize their energy experience. One Energy is a Utility 2.0 company and is the largest installer and owner of behind-the-meter wind energy in the United States. Learn more at www.oneenergy.com.
1 | SUMMARY OF FUNCTIONS:
We are seeking a Director of Technical Accounting and Financial Reporting, a role critical to our accounting leadership team. This position involves leading our technical accounting, providing Big Four-level analysis and white papers on complex and unique accounting issues. One Energy is going public via a merger with a SPAC in 2024, with rapid growth expected thereafter.
2 | MAJOR DUTIES AND RESPONSIBILITIES:
· Documenting, researching, and resolving technical accounting issues in accordance with U.S. GAAP.
· Monitoring and communicating relevant information regarding new and emerging accounting standards; and assistance in implementing new standards as appropriate.
· Collaborate with external auditors on technical accounting topics, new accounting pronouncements, and their respective impact and application.
· Work closely with multiple internal stakeholders on technical accounting matters, including project structuring, to ensure transactions are appropriately recorded on the financial statements.
· Provide support to Director SEC Reporting as necessary on a quarterly basis.
· Ownership of the goodwill and indefinite-lived intangible asset impairment process.
· Perform special projects and analysis as directed by accounting and finance management.
3 | ORGANIZATIONAL RELATIONSHIPS:
Reports to Head of Accounting. No direct reports.
4 | SKILLS AND EXPERIENCE:
· Substantial experience in and working knowledge of authoritative U.S. GAAP technical accounting research and application. In particular, desired accounting topic knowledge includes variable interest entities (VIE), hypothetical liquidation at book value (HBLV), noncontrolling interests, asset retirement obligations (ARO), revenue recognition, and various forms of equity ownership.
REMOTE WORK:
One Energy hires brilliant and exceptional people, and we expect (and empower) our team members to make good decisions for the company. That is why we have an unlimited vacation policy. That is why we pay top of class. That is why we are consistently named a top workplace by media outlets. We trust our employees. We also hire individuals who want to work in the exciting and collaborative environment of our office. We believe there is no substitute for on-site engagement. If an employee occasionally needs (or wants) to work from home, or Australia, we trust them to evaluate the decision and to act accordingly. If life circumstances shift down the road and you require additional flexibility, we are generally flexible. That said, if you are already counting the days you plan to be at home each week, then One Energy is not the right place for you.
LOCAtion: Findlay, OH COMPANY INDUSTRY: Industrial Power, Renewables
JOB ROLE: Director JOINING DATE: ASAP
EMPLOYMENT STATUS: Exempt EMPLOYMENT TYPE: Full Time
CAREER LEVEL: Professional EXPERieNCE DESIRED: 7-10 years
Job Type: Full-time
Pay: $150,000.00 - $200,000.00 per year
Benefits:
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Work Location: In person