Financial Accounting Director
Geli
Accounting & Finance
San Francisco, CA, USA
Posted on Tuesday, April 16, 2024
HES America Ltd.(“HES”), an affiliate of HQCA, comprises of Axia Solar, a residential solar system installer and EnFin which is a financial services company that provides financing for residential solar customers. HES is looking for a consolidation accounting director to perform the critical accounting roles related to our residential renewable energy business at HES. We are looking for someone who has thorough experience with GAAP accounting, and specifically with experience accounting for Residential Solar Assets. Areas of interest would include Solar Asset construction, Third Party Ownership (“TPO”) of the assets, including solar asset leases and power purchase agreements (“PPA’s”), and Solar ITC Tax Equity transactions, including Joint Ventures and equity method accounting. Experience with banking and financial services accounting issues (e.g., ABS structured sales, available for sale securities, gain on sale, unrealized revenue, hedge accounting) would also be beneficial skills. In this role you will also need a high level of attention to detail and strong interpersonal and organizational skills. Communicating with internal and external stakeholders is key, in addition to assisting with activities across multiple departments and functions to help drive our residential renewable finance business. HES’s operations are growing rapidly, we expect to increase transactions, and add new business segments in the current year including the construction of residential solar assets, and securitizing and selling portions of our existing residential solar PV loan portfolio. New tasks, procedures, and accounting policies will need to be planned and executed. We are looking for someone who thrives in an ambiguous, fast paced environment, can use great judgement to make decisions and display empathy and resilience.
Responsibilities
- Consolidate financials of multiple entities that run distinct businesses - elimination of intercompany transactions and investment equity, reconciliation and mapping of GL accounts, translation of GAAP to parent entity’s accounting standards
- Build up the standardized process, system, internal control and procedures as a financing business initiator.
- Lead the development and implementation of new procedures and features to enhance the workflow of the department.
- Ensure an accurate and timely monthly, quarterly, and year-end close and support quarterly reviews and year-end audits.
- Ensure the accurate and timely reporting of all financial information including variance analysis and various non-routine reports.
- Analyze and interpret financial information that corporate executives need in order to make sound business decisions.
- Work with the non-U.S.-based parent company, subsidiaries, and other affiliated companies.
- Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Perform other duties as assigned by the top management as needed
Required Qualifications
- Bachelor’s degree in accounting or another business-related field.
- 10+ years of professional accounting experience.
- CPA and professional experiences at an accounting firm.
- Solar financing or Banking sector with a financing knowledge and expertise.
- Hands-on experience in accounting, bookkeeping, and ledger management, and financial closing.
- Excellent verbal and written communication skills with the ability to present and explain complex information clearly.
- Strong and self-motivated leadership and team player.
- Experience working with ERP systems and databases.
- Proficient in Microsoft Office including Excel, Word, and Outlook.
- Previous experience working in a multinational company is a plus.
- Working at the San Francisco office is highly preferred.
- Public accounting experience is preferred.
Hanwha Q CELLS America Inc. (“HQCA”) is headquartered in Irvine, CA, and handles sales for the North American region. It is a subsidiary of Hanwha Q CELLS Co., Ltd., one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ), Thalheim, Germany (Technology & Innovation HQ), and San Francisco, USA (Energy Storage/Inverter & Software HQ). Through its growing global business network spanning Europe, North America, Asia, South America, Africa, and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, government, and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm, and a Top 8 business enterprise in South Korea. HQCA recently acquired Geli, a leading developer of Energy Management System software for energy storage, solar, and other renewable resources.
Benefits*
· Medical, Dental, Vision
· Paid Time Off
· Tuition Reimbursement
· 401K
· Paid Holidays
* All benefits dependent on role and eligibility
Physical, Mental, & Physical Demands
To comply with the Rehabilitation Act of 1973 the essential physical, mental and environmental requirements for this job are listed below. These are requirements normally expected to perform regular job duties. Incumbent must be able to successfully perform all of the functions of the job with or without reasonable accommodation.
Mobility
Standing: 20% of time
Sitting: 70% of time
Walking: 10% of time
Strength
Pulling: up to 10 Pounds
Pushing: up to 10 Pounds
Carrying: up to 10 Pounds
Lifting: up to 10 Pounds
Agility (F = Frequently, O = Occasionally, N = Never)
Turning: F
Twisting: F
Bending: O
Crouching: O
Balancing: N
Climbing: N
Crawling: N
Kneeling: N
Dexterity (F = Frequently, O = Occasionally, N = Never)
Typing: F
Handling: F
Reaching: F
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
You may view your privacy rights by reviewing Qcells' Privacy Policy or by contacting our HR Team for a copy.