Director of FP&A

STANDARD SOLAR INCRockville, MD
11d

About The Position

Standard Solar is a leading renewable energy company focused on distributed-generation solar and battery storage projects as a developer, EPC provider and asset management. Standard Solar seeks an experienced FP&A Director to lead company-wide Financial Planning and Analysis (FP&A) activities. This individual will establish and manage a monthly cycle to update forecasts, compare forecast vs. budget vs. actual results, and reconcile differences. The FP&A Director will also lead annual budget activities and a mid-year analysis of actual results to update the rest-of-year forecast. The ideal candidate will have a strong understanding of solar project development, construction, and financing with a solid grounding in accounting.

Requirements

  • Bachelor's Degree in Finance, Accounting, Economics, or another related field.
  • Five or more years of relevant work experience.
  • Previous experience in running an FP&A department.
  • Proficient in financial modeling concepts.
  • Expert with MS Excel and highly skilled with other MS Office products, including PowerPoint and Word.
  • Self-starter with a strong sense of ownership and responsibility.
  • Strong interpersonal skills and ability to effectively communicate and collaborate with all departments within the company.
  • Ability to effectively manage multiple deadlines and work in a fast-paced, rapidly changing environment.
  • Strong grasp of financial/accounting principles.
  • High attention to detail.
  • Good communication skills.

Responsibilities

  • Develop and maintain Excel-based tools to track actual vs. expected results and provide updated forecasts based on current inputs from all departments.
  • Experience with reporting requirements of PE's own company.
  • Provide training and professional development to staff.
  • Comply with SOX control.
  • Prepare weekly cash management forecasts.
  • Identify surpluses/deficits with ample lead time for treasury management to draw/repay cash from/to revolver facilities.
  • Prepare annual budget and track actual vs. budget performance monthly with detailed analysis of deviations vs. budget.
  • Work with department heads to establish and maintain accurate departmental budgets.
  • Support corporate and project finance fundraising efforts.
  • Coordinate between Finance, Construction, and Accounting to establish accurate project budgets, ensure entry into Oracle, and oversee final vs. initial budget reconciliation.
  • Coordinate project Commercial Operation Date (COD) planning and communications across departments.
  • Ensure all departments finalize and document key metrics upon each project attaining COD.
  • Work with the Structured Finance team to evaluate the accuracy of financing projections for projects in development quarterly, adjusting forecasts as needed.
  • Other duties as assigned.
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