People Matter

Finance Controller (Remote)

Bidgely

Bidgely

Accounting & Finance
United States
Posted on Oct 24, 2024

Finance Controller (Remote)

Who We Are

Bidgely (which means "electricity" in Hindi) is an AI-powered SaaS Company accelerating a clean energy future by enabling energy companies and consumers to make data-driven energy-related decisions.

What We Do

Powered by our unique patented technology, Bidgely's UtilityAI™ Platform transforms multiple dimensions of customer data - such as energy consumption, demographics, and interactions into deeply accurate and actionable consumer energy insights. We leverage these insights to empower each customer with personalized recommendations tailored to their individual personality and lifestyle, usage attributes, behavioral patterns, purchase propensity and beyond.

How We Do It

From a distributed energy resources (DER) and grid edge perspective, Bidgely is advancing smart meter innovation with data-driven solutions for solar PVs, electric vehicle (EV) detection, EV behavioral load shifting and managed charging, energy theft, short-term load forecasting, grid analytics and time of use (TOU) rate designs. Bidgely’s UtilityAI™ energy analytics provides deep visibility into generation and consumption for better peak load shaping and grid planning and delivers targeted recommendations for new value-added products and services. For more information, please visit www.bidgely.com or the Bidgely blog at bidgely.com/blog.

How You Fit In

The Controller is responsible for managing the day-to-day accounting functions, ensuring the integrity of financial records, and preparing accurate financial statements. This role involves overseeing the accounting team, and ensuring compliance with accounting standards and regulations. This is an exciting opportunity if you enjoy rolling up your sleeves and owning and building out a function from the bottom up. Successful candidates:

  • Have a desire to add strategic value to your peers and managers.

  • Are self-motivated but not afraid to ask questions.

  • Love to lead a team of individuals through collaboration.

  • You have a strong bias for action. You hustle and can’t imagine leaving for tomorrow what could be done today.

  • Possess high attention to detail to ensure that all of our accounting entries are accurate.

  • Like to help improve processes and systems.

As a Finance Controller, you will:

  • Assist the SVP Finance with building out the company’s Accounting department over the next 1 to 3 years.

  • Think both short-term and long-term with regards to outsourcing vs staffing.

  • Oversee and coordinate all operational accounting functions including A/R, A/P, invoicing, collections, journal entries, maintaining the chart of accounts and accurate expense mapping.

  • Own the P&L and Balance Sheet cleanliness including department expense mapping, expense accrual entries, revenue recognition/ Deferred revenue, prepaid expenses, tax estimates and bonus/commissions accruals.

  • Coordinate month-end close process. Prepare and present monthly financial reporting for key stakeholders.

  • Establish and maintain a strong internal controls environment, especially over financial reporting.

  • Act as a lead point of contact for external auditors and facilitates smooth annual financial statement reviews or audits.

  • Prepare various technical accounting memos and financial statements for the audit.

  • Stay up to date with the latest accounting guidance/requirements and ensure compliance with those.

  • Evaluate current systems and offer recommendations for improvements.

  • Implements new processes or systems when needed to ensure the financial infrastructure / function scales with the business.

  • Manage and refine company expense policies identifying ways to manage and track company costs effectively.

  • Own contract management and vendor negotiations.

  • Manage banking transactions (deposits/ACH transfers/refunds/autopay/wires)

  • Coordinates all outsourced tax support and ensures tax compliance for parents and subsidiaries.

  • Work closely with FP&A team for external reporting

  • Assist with tracking performance against annual company budgets and forecasts.

  • Assist with Stock Compensation expense and Cap Table management.

Skills and Qualifications

Preferred

  • Bachelor's degree in accounting, finance, or a related field

  • CPA certification

  • Experience in accounting system implementation

  • Experience with sales tax, GST/VAT

  • Experience transitioning accounting functions from external/outsourced vendors to in-house is a plus.

Required

  • Minimum of 8-10 years of progressive accounting experience

  • At least 3-5 years experience in a supervisory role with function wide leadership and oversight.

  • You have the ability to develop and lead a high-performing accounting team.

  • Proficiency in account software (QuickBooks, Netsuite)

  • Advanced knowledge of Excel and financial analysis.

  • High degree of accuracy and attention to detail in financial reporting; you have experience reporting to executive leadership and presenting analysis of monthly financials.

  • Deep knowledge of ASC 606 and ability to accurately recognize revenue following it based on contract terms.

  • Familiarity with stock-based compensation as well as various accounting guidances needed to prepare audited GAAP financials.

  • Effective communication skills to interact with all levels of the organization; you are a confident communicator with the ability to influence senior executives and leaders across the organization.

  • Experience in working with international subsidiaries.

  • Strong financial acumen and analytical mindset.

  • Ability to align with executives on key strategies and support these initiatives through cost analysis, risk analysis, ROI analysis and financing.

  • Must be comfortable working in a start-up environment with the ability to juggle multiple projects, requests, and priorities at the same time.

What You Get

Perks

  • Growth Potential with a Startup: Seize the opportunity to grow with an innovative startup

  • Collaborative Environment: Work with a passionate team united by the goal of a clean energy future

  • Unique Tools: We provide all the tools you need to excel in your role

  • Exclusive Employee Discounts: Enjoy discounts on movie tickets, technology, pet insurance, and more!

  • Mentorship Programs: Opportunity to learn and receive mentorship from industry experts

  • Flexible Work Arrangements: Benefit from flexible working arrangements

  • Community Service Day: Participate in our community service day and give back

Benefits

  • Medical, Dental and Vision Insurance coverage from day one

  • HSA, FSA and DCFSA plans

  • 401(k) Plan

  • Flexible Paid Time Off

  • Annual wellness stipend

  • Annual professional development stipend

  • Paid Parental Leave

  • Bereavement leave

  • Mental Health and wellness resources for your whole family

Compensation

  • The salary range for this position is $130,000-$160,000.

In accordance with the California Equal Pay and Pay Transparency laws , the approximate annual base compensation range is listed above. The actual offer, reflecting the total compensation package and benefits, will be determined by a number of factors including the applicant's location, experience, knowledge, skills, and abilities, as well as internal equity among our team.


Location

  • This is a remote role with 10% travel

Diversity, Equity, Inclusion and Equal Opportunity

At Bidgely we’re on a mission to make a difference and build a workplace where every unique voice is heard and celebrated. Here, we believe that celebrating the unique backgrounds, perspectives and abilities of every employee makes an impact not only for our company internally but also for our clients, customers and community. We are an equal opportunity employer and believe that the inclusive atmosphere we build together will enable every person to grow, contribute and thrive. Our hiring decisions are based on your skills, talent, and passion – not on your background, gender, race, age, or the quirky way you dance at office parties.

Bidgely is an EVerify employer