The Role
The Controller will manage the financial close process, oversee accounts payable and receivable, and lead a controllership team while ensuring compliance with GAAP and tax regulations.
Summary Generated by Built In
Company Overview
Mainspring Energy is revolutionizing power generation with the world’s most flexible and adaptable local power generation technology, the Mainspring Linear Generator. Commercial, industrial, and utility leaders are choosing Mainspring over traditional options like engines, turbines, and fuel cells to quickly and reliably deliver local power for EV charging, commercial facilities, data centers, and grid-scale operations. The Mainspring Linear Generator is fuel flexible, ramps up and down to meet demand, and utilizes a flameless reaction with near-zero NOx emissions.
Backed by top-tier investors including Khosla Ventures, Bill Gates, American Electric Power, Lightrock, and General Cayalyst Mainspring designs, manufactures and delivers its products to customers across the U.S. today, and we’re quickly scaling for international expansion.
Inspired by our vision of the affordable, reliable, net-zero carbon grid, Mainspring is rapidly expanding within the $816B global electricity equipment market, and we’re hiring the best talent to meet growing customer demand around the globe. We welcome a broad range of backgrounds, experiences, and talents to bring fresh perspectives and ongoing innovation to our customers.
We are looking to build relationships with people who share our values:
Pragmatic Optimism. Building a new category of world-class power generation requires the optimism of ambition and creativity, balanced with practicality to solve problems efficiently. The challenges that arise are opportunities for growth.
Excellence without Ego. We bring expertise and commitment to creating the best customer experience, from sales to deployment and service, just as we apply deep technical rigor to building and delivering world-class products. We strive for excellence and behave as leaders with the humility to acknowledge our challenges, both collectively and as individual contributors.
Proactive Collaboration. The integration and cross-disciplinary nature of Mainspring’s business requires intentionally seeking out others who bring different skills, perspectives, and priorities. Our culture of inclusion and respect extends beyond our team to interactions with our partners and customers.
More information can be found at www.mainspringenergy.com
Job Overview
The Controller will be a key member of a growing finance team in a position with substantial opportunity for growth. Reporting to the CFO, this position will be primarily responsible for managing the monthly financial close process, including the development and enhancement of systems, policies, and procedures to support the monthly close and periodic reporting to internal and external stakeholders. This person will also have responsibility for several functions such as accounts payable, accounts receivable, payroll, tax, and revenue accounting.
The ideal candidate will have leadership capabilities, solid operational and technical accounting background, work proactively, and enjoy interacting both internally with cross-functional colleagues and externally with auditors and investors. A high level of integrity is a must and pairing it with business acumen and sound judgment will differentiate the right candidate.
Responsibilities
- Manage the monthly consolidated financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation. Set targets for close timing and drive process efficiencies to improve availability of information.
- Manage and mentor a high-performing controllership team, ensuring continued development and success of the team.
- Drive the ongoing development/establishment of accounting policies and procedures and operational strategies. Make recommendations for changes as needed, ensure that company policies and procedures are followed, and establish the proper techniques to discover and prevent fraud.
- Participate in strategic financial projects including the enhancement or implementation of ERP and other related software.
- Collaborate cross-functionally on contract reviews to ensure that company objectives are achieved and revenue is recognized in accordance with GAAP.
- Serve as the primary contact with external auditors to ensure successful audit results and compliance.
- Serve as the ‘face of finance’ internally to support employees with incoming requests in areas of responsibility.
- Interact at all levels with internal and external stakeholders to produce timely, efficient and accurate month-end close as well as financial reporting.
- Assist the CFO in performing treasury functions such as cash allocation and movement between bank accounts.
- Lead the compilation of information for preparation of tax returns and filings as well as general review. Drive tax strategy and compliance for the organization.
- Review payroll prior to submission, ensuring accuracy and completeness. Drive process scalability for growing company.
- Maintain and further development of a strong control environment with a goal of eventually maintaining SOX-compliant controls.
- Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements.
- Analyze the effect of new accounting rules and study regulations and guidance to ensure correct application of Generally Accepted Accounting Principles.
Qualifications
- Bachelor’s or higher degree in Business, Finance or Accounting and a CPA required, with Big 4 audit experience strongly preferred
- 12+ years’ experience in audit, corporate accounting, or a combination thereof. Energy or manufacturing experience is required, with both preferred.
- Knowledge of various accounting functional areas is required with a strong understanding of GAAP, and solid understanding of and exposure to internal controls
- Excellent organizational, communication, and interpersonal skills
Does your experience not meet all of our posted requirements? Studies have shown that some people are less likely to apply to positions unless they meet every listed requirement. At Mainspring, we are committed to building a diverse, inclusive, flexible, and collaborative environment, so if you want to help us transition the world to clean and affordable electricity, and don’t meet all posted requirements for a particular role, we’d still love to hear from you. Mainspring can sometimes be flexible enough to shift responsibilities for the right person, or otherwise identify open or upcoming roles that may better fit your professional background.
In more traditional words, Mainspring Energy, Inc 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, or protected veteran status and will not be discriminated against on the basis of disability.
This compensation and benefits information is based on Mainspring Energy's estimate as of the date of publication and may be modified in the future. We generally do not negotiate on salary once we have made an offer. The level of pay within the range will depend on a variety of job-related factors that may include location, relevant prior experience and/or education, or particular skills and expertise. New hires joining the company tend to be paid within the starting base pay range noted above, with opportunities to increase pay over time based on development of additional skills, competencies, and company-specific knowledge.
Top Skills
Accounting Software
Erp
Gaap
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The Company
What We Do
Driven by our vision of the affordable, reliable, net-zero carbon grid of the future, Mainspring has developed a new category of power generation — the linear generator — that delivers onsite, fuel-flexible power to accelerate the transition to the future grid. To learn more visit www.mainspringenergy.com.
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