Director of Finance

3 weeks ago


Bellevue, Washington, United States Clean Power Research Full time

Who We Are
Looking for a job that makes a real difference in our world today and one that you'll be proud of when you look back in 20, 30 or 40 years? This is it. Clean Power Research is advancing the energy transformation through cloud software that informs, streamlines and values energy-related decisions and processes for utilities, energy professionals and consumers.
We're a growing company that counts 10 of the top 10 Fortune 500 utilities and many of the largest renewable energy companies in the U.S. as our customers. We're focused on expanding our market reach and impact with new software technologies that help solve the energy industry's hardest problems.
At Clean Power Research, every employee has a seat at the table and an important role.
Why Work Here?

  • Go from building solutions to being part of the solution
  • Join a growing team of software and energy veterans from companies like Microsoft, Amazon, Google, Oracle, General Electric, First Solar, DNV GL and Pacific Gas & Electric
  • Bring your passion and ideas to the table
  • Use your creativity to solve hard problems and make tough decisions
  • Work in a start-up like environment coupled with the stability and customer base of an established, profitable company
  • Realize work-life balance; we like to see our families, friends and pets at night
  • Join a growing company that expects you to grow with us and invests in your growth

Clean Power Research offers competitive compensation and benefits to full-time employees including medical/dental/vision, paid vacation, paid holidays, a bonus plan and 401(k) plan with matching.
What You'll Be Doing as Director of Finance
Clean Power Research is seeking a highly motivated, self-driven, and detail-oriented Director of Finance. As a member of the Executive Team, this role combines strategic and operational aspects. Tasks include establishing financial strategies for long-term profitable growth of the company, managing accounting, and controlling all functions of the finance department, while providing cross departmental support. The ideal candidate has a strong understanding of accounting principles, an excellent knowledge of financial systems/software and the ability to clearly report and make recommendations on important financial information.
This is a primarily in-office position in our Bellevue office with some flexibility for remote work each workweek. The primary duties of this hands-on role are described below.
Duties & Responsibilities

  • Process and maintain necessary books of record and prepare all financial statements in accordance with US GAAP
  • Prepare monthly updates on the financial status of the company (including key SaaS metrics such as ARR) reporting on these and making recommendations to the Executive Team
  • Establish financial strategies for long-term, profitable growth
  • Oversee treasury functions and create an optimized cash management strategy given market conditions, interest rates and company strategic goals
  • Prepare detailed and accurate budgets and forecasts, and report these to the Executive team on a regular basis
  • Manage all corporate and individual tax-related tasks and return/payment deadlines while working with external tax accountants, including the preparation of schedules for the R&D tax credit, Section 174 and other specific tax laws as necessary
  • Oversee all sales tax considerations and ensure regulatory compliance is achieved as the company grows in existing territories or expands into new territories including timely and accurate sales tax return filing
  • Operate, review, and enhance financial systems (e.g., accounting, billing/invoicing, payment, linkages to CRM, etc.)
  • Manage all necessary external relationships, ensuring the business operations are met while negotiating favorable rates and maintaining positive working relationships with service providers
  • Oversee the annual business insurance renewal process; manage insurance certificates and their distribution to appropriate parties along with other ad-hoc insurance requirements
  • Prepare product line P&L statements and forecasts showing financial results/projections by product
  • Verify the maintenance of proper internal controls to safeguard assets, protect confidential information, and maintain proper segregation of duties; develop and implement required new controls and policies
  • Review and adjust annual sales compensation plans to ensure that the sales team are remunerated appropriately when meeting company objectives and targets
  • Manage activities related to finances, taxation and capitalization of CPR Equity, including capitalization table activity through the Carta software platform

Various Accounting Functions

  • Responsible for direct management of the Assistant Controller
  • Adhere to GAAP accounting standards
  • Ensure all receivables occur in a timely manner
  • Plan cash flows and oversee investments
  • Verify Balance Sheet, Income Statement, and Cash Flow statements and ensure they are supported by transaction related documents, with regular monthly reconciliations
  • Oversee the semi-monthly payroll process by ensuring the accuracy and completeness of wages and other earnings, as well as all tax codes, 401k amounts, medical premiums and all other deductions
  • Manage international EOR payroll via Velocity Global
  • Manage the company expense reporting system and processes, including use of company credit cards via Brex
  • Review contracts as needed for financial, insurance and reporting impacts
  • Minimize foreign exchange risk
  • Complete periodic employee performance evaluations of the Assistant Controller and provide support for that position's career development
  • Verify that 401(k) plan investments are appropriately managed, and employees are informed of investment alternatives
  • Manage and review the work of the Assistant Controller, including:

Sales invoices for accuracy and completeness
- Monthly bank reconciliations
- Electronic bank transfer information
- Monthly activity of company credit cards verifying support is received and coding is correct
- Accounts receivable collection
Who You Are

  • Bachelor's degree in finance or accounting required, CPA strongly preferred
  • 8+ years of professional accounting experience required with at least 4 of those years in the position of Controller or Director of Finance
  • Experience with handling the financial functions of international operations within a company
  • Experience with QuickBooks financial software (on-premises version or online) required
  • Management experience required
  • Experience with Paylocity payroll service preferred
  • Experience with Salesforce preferred
  • Experience with a SaaS company preferred

Knowledge, Skills & Abilities

  • Strong technical and financial accounting knowledge
  • Excellent written and verbal communication skills
  • Ability to multi-task, use good time management skills, and meet deadlines
  • High level of attention-to-detail
  • Ability to understand rules, regulations and legal requirements related to finances, insurance and the like in varied geographies worldwide
  • Strong Microsoft Office Suite skills, particularly in Excel, including a good working knowledge of pivot tables, charts, sumifs statements and the ability to build and maintain planning and other models in Excel to assist in strategic planning and operations
  • Passion for renewables/clean energy a plus

Pay Range & Benefits

  • Base Salary Range: $137,000 to $180,000 annual depending on experience. In addition to the base salary, this position includes a Performance-Based Commission plan.
  • Benefits: Company Equity Plan
  • Additional Benefits: Paid PTO, Sick Time, Holidays, Medical/Dental/Vision/Life and Disability Insurance, 401K, Paternity and Maternity Leave, Commuter Benefits

How to Apply
Click the link below to submit your resume. Please include a cover letter detailing your interest in this position and the renewable energy space along with your resume. Due to the large number of applicants for our positions, we regret that we can only respond to candidates who meet our requirements.
Clean Power Research is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
The company's employment decisions are based on merit, competence, performance and business needs.


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