Senior Accountant

About Us

Highland Electric Fleets’ electrification-as-a-service (EaaS) model aims to make electric school buses and other clean heavy duty vehicles attainable for every district across the US and Canada. Our turnkey solution tackles financing, vehicle procurement, infrastructure upgrade and maintenance to create a reliable and affordable fleet for our customers.

We know that cleaner buses create healthier communities and it’s our mission to eliminate the barriers to better student health and cleaner air - just 10 electric buses will reduce the pediatric asthma risk for 1,500 students!*

We are looking for candidates that want to help support this mission…

*Source: American Journal of Respiratory and Critical Care Medicine. Based on estimates for Highland customer with large fleet

Summary:

We are looking for a Senior Accountant who wants to expand their career in both the technical and operation sides of an accounting function and is interested in the opportunity to work through complex

topics such as revenue recognition, lease and debt accounting, and much more.

This individual will play a critical role in supporting Highland’s rapid growth as we onboard new customer contracts and financing arrangements while helping implement systems and processes necessary to scale.

This individual will also be heavily involved in our internal and external financial reporting, month-end close activities, and our efforts to continuously improve processes and internal controls.

Key Responsibilities:

Revenue Recognition and Customer Billings

• Review customer contracts and perform contract analyses to ensure proper revenue recognition in accordance with ASC 606 and 842.
• Build complex revenue models and billing schedules and ensure all revenue is accurately recorded on a monthly basis.
• Assist with the setup and maintenance of customer records within our ERP system.
• Manage customer billing schedules to ensure all invoices are billed accurately and timely
• Assist with collection efforts and the ongoing analysis of our AR subledger
• Prepare all related balance sheet reconciliations, including deferred revenue, AR, and accrued revenue.
• Work directly with our finance colleagues to ensure revenue is being properly forecasted.

Lease and Debt Financing

• Analyze vehicle lease and debt financing agreements to determine and document the proper accounting treatment.
• Build and maintain financing schedules and ensure the related payments, interest, lease expense and amortization, current vs long term liabilities, etc. are all accurately recorded on a monthly basis.
• Prepare all related balance sheet reconciliations
• Work directly with our finance colleagues to ensure covenant compliance, including assisting with the preparation of financial reports and monitoring and analyzing our financial performance.

Financial Reporting

• Assist with the preparation of monthly financial reports for the executive team as well as quarterly financial statements.
• Assist with the compilation of our annual audited financial statements, with a heavy emphasis on the preparation of revenue, lease, and debt disclosures.
• Work directly with our external auditors in providing supporting documentation and answering questions and inquires in a timely manner.

Qualifications:

• Bachelor’s degree in accounting; a Master’s degree would be a plus
• CPA preferred
• 3+ years of progressive accounting experience in industry and/or with a large public accounting firm
• Experience with complex accounting topics, including revenue recognition and lease accounting is highly preferred
• Strong understanding of GAAP
• Experience working with an ERP system is preferred; NetSuite experience is a major bonus
• Capable of working cross-functionally and collaborating with all areas of the business
• Excellent verbal and written communication skills
• Ability to work independently with minimal supervision
• Ability to operate effectively and thrive in an agile, fast-moving, and sometimes ambiguous environment
• Proficiency in Microsoft Excel, Word, and PowerPoint is a must

What You Can Expect from Highland:

· Competitive base salary and performance-based bonus program

· A supportive, highly collaborative, team-oriented environment

· Opportunities to make a difference, be heard, add value, and be recognized

· Growth and development with a leader in this new and exciting industry

· Ability to work with bright, innovative, and forward-thinking colleagues

· Health, Vision, and Dental coverage for employees & their dependents

· Life insurance, public transportation assistance

· Generous Paid Time Off

· 401(k) program and company match

Highland Electric Fleets provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Highland Electric Fleets complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.