Director of Revenue & Financial Reporting

Posted 2 Days Ago
Be an Early Applicant
28203, Charlotte, NC
Senior level
Greentech • Software • Energy
The Role
The Director of Revenue & Financial Reporting oversees revenue-related accounting functions, prepares GAAP financial statements, reviews key revenue recognition assumptions, collaborates with external auditors, and manages accounts receivable. They lead a team, establish oversight controls, and work with various departments to optimize financial processes and reporting.
Summary Generated by Built In

Company Description

Recognized by Forbes as one of the fastest-growing private companies in the United States, Palmetto believes that choosing to source clean energy from renewable resources like solar power should be a right, not a privilege. As such, we connect homeowners with renewable energy options such as solar power and energy storage systems. Through our marketplace business model, we empower solar sales professionals and solar installation companies with access to our proprietary design platform, financing, customer management system, logistics, and project management. Our #1 focus is a phenomenal experience for our customers and partners, evidenced in our industry-leading Net Promoter Score.
Our employees are our most valuable resource. Palmetto has a promote-from-within culture for talent development. We offer excellent benefits such as unlimited vacation/PTO, medical, dental, and vision coverage, parental leave, and retirement plans.

Summary of Role

As a key member of the Finance Team, the Director, Revenue and Financial Reporting will report to the Chief Accounting Officer and will have broad scope and oversight over the Revenue related accounting functions and will oversee all US GAAP Financial Reporting requirements. 


This is a newly developed and critical position created due to the explosive growth and complexity in our business that will interface cross-functionally and be a key resource within the organization. 


Strategic & Tactical

  • Oversee the Revenue Accounting team and the monthly revenue close process
  • Prepare monthly, quarterly, and annual GAAP financial statements for Palmetto and non-consolidated joint venture entities using Workiva
  • Provide technical accounting expertise for non-routine, unusual or complex events and transactions
  • Review and document the Company’s ongoing analyses for key revenue recognition assumptions and conclusions under ASC 606
  • Work cross-functionally on contemplated complex revenue transactions to ensure technical accounting and operational capabilities are incorporated up front
  • Collaborate effectively with the company’s external auditors for all areas of responsibility
  • Lead the accounts receivable team
  • Develop and present monthly management reports and KPIs
  • Establish oversight controls for all processes under purview
  • Work closely with our business systems and technology teams to automate routine transactions
  • Create efficient processes for cash applications
  • Manage relationships with cross functional departments heads across the organization, staying abreast of strategic needs that may drive changes to financial policies, tools and risk management
  • Collaborate with the Corporate Controllership team to assist with the consolidated close
  • Hire, mentor, lead, train, and develop staff to meet financial and accounting initiatives
  • Ad-hoc/special projects as assigned

Qualifications

  • The ideal candidate will have strong knowledge of US GAAP, be very detail-oriented, responsive, tech-savvy, operationally focused, and a good cross-functional business partner
  • Bachelor’s degree in Accounting or Finance preferred
  • CPA required
  • 10+ years of accounting experience. Experience can be a combination of public accounting firm and industry experience
  • Knowledge of technical accounting literature including but not limited to ASC 606
  • Demonstrated ability to lead both initiatives and teams in a fast-paced environment, and to communicate technical accounting requirements and implications to both technical and non-technical audience
  • Strong organizational skills, with a focus on accuracy, detail orientation and the ability to produce in tight timelines
  • Strong interpersonal, oral, and written communication skills
  • Possess the highest level of integrity
  • Ability to adapt to a rapidly changing environment
  • Excellent team player
  • Available for occasional travel

Equal Employment Opportunity

Palmetto embraces diversity and is an Equal Employment Opportunity employer. Employment is decided on the basis of qualifications, merit, and business need. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or any other status protected under federal, state, or local law.


For more about our Privacy Policy, visit: https://palmetto.com/privacy-policy

Top Skills

Asc 606
Us Gaap
The Company
HQ: North Charleston, NC
508 Employees
On-site Workplace
Year Founded: 2009

What We Do

Palmetto is committed to the creation of a distributed, decentralized energy source we call The New Utility, which will replace the fossil-fueled, centralized energy model of The Old Utility. We are working towards this democratization of energy by putting power and control back in the hands of consumers and inspiring them to make environmentally responsible choices. To this end, Palmetto has developed a clean energy marketplace, with proprietary technology designed to make it easier and more affordable for homeowners to source their energy from renewables like solar power. We have developed products that reduce costs and drive widespread distribution of simple energy management solutions. Palmetto is a triple bottom line, fully distributed company with teammates throughout the United States.

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