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Director of Accounting

SOLV Energy is an engineering, procurement, construction (EPC) and solar services provider for utility solar, high voltage substation and energy storage markets across North America.

Job Description Summary:

Job Description:



*This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

Position Responsibilities and Duties:



* Work closely with operational leadership, including Project Controls, Construction management and others to design and manage accounting processes that support the business needs while maintaining effective internal controls


* Lead month-end close processes related to construction projects, including job cost accruals, reserves, WIP reconciliations, underbillings, deferred liabilities, joint ventures, and other project related close items.


* Support quarter-end flux/ variance analysis surrounding project performance


* Oversea complex balance sheet reconciliations and record non-standard journal entries.


* Oversee the team of Senior project Accountants who will help with the day-to-day operations, detail reviewing work, and providing mentorship/ career development.

Assists will all aspects of accounting and preparation of financial statements in accordance with GAAP.


* Experience with project level accounting, consolidations, and multi-entity structures.


* Reviews financial data for accuracy.


* Proactively identifies problems and proposes solutions.


* Ability to research and reconcile discrepancies and verify documents in accordance with accounting procedures and policies.


* Seek opportunities for process improvements and implement operational accounting efficiencies through improved policies and control enhancements.


* Assist with audits, due diligence and other duties as assigned.


* Be a thought leader on accounting topics by participating in related professional organizations and attending relevant industry events


* Apply expertise, knowledge of the business, and situation specific analysis to diagnose and recommend solutions


* Manage and assist with preparation and coordination of audits

Minimum Skills or Experience Requirements:



* Bachelors degree in Accounting or Finance


* Minimum of 10 years of progressive accounting experience


* Experience in a construction organization of at least $100M (down from 500M) in revenue


* Experience overseeing the project accounting function for said organization, including an expertise in change orders, rev rec, contracts, cost to complete estimates, claims, settlements, reserves, consolidations, understands technical accounting issues related to inventory, variable consideration and their impact on ASC606 standards


* Experience with running minimum 15+ concurrent, complex projects (Lump Sum, GMP, T&M)


* Experience with multi-org, multi segment accounting including intercompany consolidation


* E...




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