Company Description
Palmetto is a leading clean tech company on a mission to accelerate the transition to a clean energy future. With a belief that consumers can have it all, we are an uncompromising energy company that makes coming clean a no brainer. Our award-winning technology platform empowers homeowners, businesses, and entrepreneurs to adopt renewable energy through simple, scalable, and innovative solutions. Operating at the intersection of B2B and D2C, we offer software, financial products, and services that drive real environmental impact—without compromising value. We deliver end-to-end solutions for whole home electrification that put clean energy within reach for all.
Our employees are our most valuable resource. We foster a promote-from-within culture that prioritizes talent development, career growth, and purpose-driven work. Palmetto offers a comprehensive benefits package—including unlimited PTO, medical, dental, and vision coverage, paid parental leave, retirement plans, and more—so you can have it all both personally and professionally. Palmetto prioritizes people, planet, and profit—backed by a culture that values collaboration, impact, and balance. Join us in building a brighter, cleaner world.
Location
This position will be based in Charlotte, NC.
Reporting
This position will report to the Director, Revenue & Financial Reporting.
Summary of Role
This role will be critical to the success of our accounting function. The position will be responsible for revenue related processes and technical accounting, including assisting with the valuation of unconsolidated investees. The responsibilities will be focused on revenue recognition for all product lines at the company, including month end revenue reporting. The position will also assist with the monthly, quarterly, and annual close processes, as well as the preparation of the Company’s quarterly and annual consolidated financial statements. We are looking for someone with a strong accounting background, and a keen eye for detail, who is excited to make an impact, add value, and collaborate with a team in a fast-paced, ever-growing environment.
Strategic & Tactical
- Own end-to-end revenue accounting processes, including model validation, close, reporting, and audit support, serving as the primary point of contact for all revenue-related matters
- Ensure proper accounting for revenue arrangements, including detailed analysis of complex financial models. As part of this responsibility, the following are critical items that will need to be completed:
- Review and documentation of key assumptions used in financial models
- Preparation of process documentation of all revenue arrangements
- Preparation of internal revenue models used for valuation
- Cash reconciliation process
- Customer risk review
- Perform detailed variance analysis on revenue, cash, and key drivers, and investigate discrepancies across models, sub-ledgers, and the general ledger
- Collaborate with various internal teams to develop and implement policies for recognizing revenue from renewable energy projects, adhering to ASC 606
- Drive month-end close processes for timely and accurate reporting, including:
- Preparation of reconciliations and other close items as necessary
- Preparation of revenue accruals and estimates
- Preparation of fund accruals and estimates
- Own and enhance key controls over revenue recognition, ensuring audit readiness throughout the year and proactively addressing control gaps
- Document relevant technical accounting matters, including analysis of new business initiatives
- Identify opportunities to streamline and automate accounting processes, with a focus on leveraging industry-specific software and tools
- Design and implement scalable processes to support growth in transaction volume and complexity across revenue streams
- Partner on initiatives to improve the efficiency and accuracy of financial reporting, including the implementation of new accounting standards and systems
- Assist with the preparation and analysis of monthly, quarterly, and annual financial statements, ensuring compliance with GAAP and industry-specific standards
- Support in the preparation and support of external audits, including the documentation and testing of key controls
- Collaborate or own special projects as necessary
- Serve as liaison between accounting and finance teams
Qualifications
- Bachelor’s or Master's degree in Accounting
- Certified Public Accountant (CPA) license or equivalent required
- 4+ years of progressive accounting experience, with exposure to financial modeling
- Capable of succeeding in a fast-paced environment; ability to work comfortably with senior management
- Strong planning and organizational skills
- Proficient Microsoft Office knowledge and skills
- Strong understanding of GAAP accounting principles
- High degree of attention to detail and analytic abilities
- Ability to work independently and prioritize tasks
- Familiar with systems similar to our tech stack, which includes NetSuite, Adaptive, Google suite of products and more
Employment is contingent upon the successful completion of a background check.
Equal Employment Opportunity
Palmetto embraces diversity and is an Equal Employment Opportunity employer. Employment is decided on the basis of qualifications, merit, and business need. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or any other status protected under federal, state, or local law.
For more about our Privacy Policy, visit: https://palmetto.com/privacy-policy
Skills Required
- Bachelor's or Master's degree in Accounting
- Certified Public Accountant (CPA) license or equivalent
- 4+ years of progressive accounting experience with exposure to financial modeling
- Strong understanding of GAAP accounting principles
- Proficient Microsoft Office knowledge and skills
What We Do
Palmetto is committed to the creation of a distributed, decentralized energy source we call The New Utility, which will replace the fossil-fueled, centralized energy model of The Old Utility. We are working towards this democratization of energy by putting power and control back in the hands of consumers and inspiring them to make environmentally responsible choices. To this end, Palmetto has developed a clean energy marketplace, with proprietary technology designed to make it easier and more affordable for homeowners to source their energy from renewables like solar power. We have developed products that reduce costs and drive widespread distribution of simple energy management solutions. Palmetto is a triple bottom line, fully distributed company with teammates throughout the United States.
