Energy-Storage Project Revenue & Cost Accounting Manager | Portland, OR (Remote)

Powin Corporation - Portland, OR

Full-time - Mid Level

Remote - Portland, OR

Miscellaneous Manufacturing

About the position

We're Building the Future! Ever want to do hard work that will make a REAL difference in the world? Do you want to solve some of the most difficult problems with a team of exceptional players at a company that does not believe in impossible? Powin Energy is a leading producer of utility scale modular battery energy storage systems, complete with a patented, advanced, cloud-based monitoring/control system. This means we build power plants out of batteries that put coal and gas generators out of business and enable sustainable viability for renewable energy sources like solar and wind. Powin is, and will continue to be, one of a handful of companies that will provide the equipment necessary to make this happen. We have distinct competitive advantages: cost-effectiveness, reliability, scalability, deploy-ability, and operational sophistication. Every day we work to ensure that we maintain these competitive advantages and our position as a global leader in providing turnkey, battery energy storage solutions for utility-scale, commercial and industrial, and microgrid applications. The Project Revenue & Cost Accounting Manager will oversee the financial operations related to revenue recognition and cost accounting within the organization. This role will be responsible for managing revenue recognition processes, analyzing cost structures, and ensuring compliance with accounting standards and regulations. The manager will manage all aspects of project accounting, including project set-up, purchase orders, cost management, inventory movement, and customer invoicing. They will also oversee and ensure accurate and timely coding and tracking of costs, procurement, and sourcing of materials for energy storage projects. The manager will analyze project costs incurred to date against expected costs, identifying and addressing any discrepancies or deviations and providing recommendations for optimizing project financial performance. Additionally, the manager will manage revenue recognition for assigned projects in accordance with US GAAP, including revenue forecasts and the measurement of revenue performance. They will monitor and analyze project margins, identifying and tracking margin deterioration and providing insights and recommendations to improve project profitability. The role includes owning and managing the end account analysis and reconciliations for all managed accounts, ensuring accurate, timely, and compliant financial reporting. Collaboration with cross-functional teams, including operations and sales, is essential to ensure effective communication and coordination of project financial activities. The manager will work closely with external auditors, preparing and providing necessary documentation and support to ensure a smooth and timely audit process. Furthermore, they will assist the Director of Revenue & Cost Accounting in providing strategic financial inputs, analysis, and support for executive decision-making, while mentoring and guiding members of the accounting and finance team to ensure high levels of efficiency and expertise in project revenue and cost accounting practices.

Responsibilities

• Manage all aspects of project accounting, including project set-up, purchase orders, cost management, inventory movement, and customer invoicing.
• Oversee and ensure accurate and timely coding and tracking of costs, procurement, and sourcing of materials for energy storage projects.
• Analyze project costs incurred to date against expected costs, identifying and addressing any discrepancies or deviations and providing recommendations for optimizing project financial performance.
• Manage revenue recognition for assigned projects in accordance with US GAAP, including revenue forecasts and the measurement of revenue performance.
• Monitor and analyze project margins, identifying and tracking margin deterioration and providing insights and recommendations to improve project profitability.
• Own and manage the end account analysis and reconciliations for all managed accounts, ensuring accurate, timely, and compliant financial reporting.
• Collaborate with cross-functional teams, including operations and sales, to ensure effective communication and coordination of project financial activities.
• Work closely with external auditors, preparing and providing necessary documentation and support to ensure a smooth and timely audit process.
• Assist the Director of Revenue & Cost Accounting in providing strategic financial inputs, analysis, and support for executive decision-making.
• Mentor and guide members of the accounting and finance team to ensure high levels of efficiency and expertise in project revenue and cost accounting practices.

Requirements

• Bachelor's degree in Accounting, Finance or related field; advanced degree (MBA, MAcc) required.
• CPA certification is preferred.
• 5+ years of relevant accounting and financial management experience, preferably in the energy or energy storage industry.
• Strong understanding of US GAAP, with an emphasis on project accounting and revenue recognition.
• Proven experience in project financial management, including cost and revenue tracking, margin analysis, and inventory management.
• Advanced proficiency in Microsoft Office applications, particularly Excel, and experience with NetSuite ERP system a plus.
• Detail-oriented with excellent organizational skills and the ability to prioritize and manage multiple tasks effectively.
• Strong analytical, problem-solving, and decision-making skills.
• Self-driven and self-sufficient in identifying and resolving complex issues as they arise.
• Excellent verbal and written communication skills, with the ability to effectively communicate complex accounting concepts to non-accounting colleagues.