Supervisor, Project Accounting

Posted 7 Days Ago
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Redwood City, CA, USA
In-Office
100K-140K Annually
Senior level
Energy
The Role
Lead project accounting for data center projects, manage month-end and year-end close, intercompany billings, lease accounting (ASC 842), reconciliations, and internal controls. Supervise and review work of two offshore accountants, liaise with external auditors, prepare variance analysis and consolidated reporting support, research US GAAP technical issues, and drive process improvements to ensure accurate, timely financial statements and SOX compliance.
Summary Generated by Built In

Do you want to work with high caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Join us at SB Energy, a leading company backed by SoftBank and Ares pairing cutting-edge innovation with best-in-class execution. Our Mission is to provide reliable, affordable energy at scale to support America’s growing energy demands.

Headquartered in Redwood City, CA, SB Energy develops, builds, owns & operates some of the largest and most technically advanced energy and data center infrastructure projects in the United States. Since launching in 2019, the company has rapidly grown into a top-tier integrated platform with over 3 gigawatts (GW) in operation and a multi-GW pipeline of energy and data center infrastructure nationwide. SB Energy also utilizes its strong culture of innovation to identify and incorporate new technology into our projects, including our AI-based digital platform, to deliver energy infrastructure that is local, reliable, and matched to load. We are building the energy and technology future—today.

Come join us in accelerating the energy transition to cleaner, more sustainable sources of power!

Title: Supervisor, Project Accounting

Basic Function:

The Supervisor, Project Accounting is responsible for timely and accurate accounting over SB Energy's Data Center Projects. The role will be responsible for financial data management, journal entries, perform account reconciliations, timely completion and execution of monthly and quarterly close tasks, and internal controls. This role oversees, review and approve the work of two junior/ senior accountants overseas.  This position ensures all appropriate and significant transactions of the Company and its Data centre projects are properly researched, documented, and recorded in accordance with supporting authoritative US GAAP. In addition, this position will also work with and liaise directly with the Company’s external auditors, under the direction of Director, Accounting.

Responsibilities:

  • Execute the monthly, quarterly, and year-end close process within clearly defined time frames.
  • Accounting for intercompany billings between the operating parent entities and underlying projects and working in close cooperation with other team members and management.
  • Develop strong relationships with project managers to ensure the reflection of our business transactions in the ledgers in an efficient and accurate manner, timely collections, and development of business knowledge.
  • Assist in preparation of consolidated accounting and financial reporting requests.
  • Ensure monthly data maintenance of lease accounting (ASC842).
  • Ensure all reports and supporting documentation as required by internal Controls are properly approved and retained.
  • Prepare periodic comparative variance analysis as required.
  • Communicate with internal Structured Finance, Projects, and Operations and Maintenance teams to ensure understanding of the business and accuracy of all financial statements.
  • Complete other general accounting tasks as assigned.
  • Perform analytical functions necessary to achieve an accurate and timely general ledger month-end close.
  • Research and document technical accounting issues in accordance with US GAAP.
  • Work closely with the independent external auditors on the annual audit of affiliated legal entities based on GAAP.
  • Collaborate with and respond to ad hoc requests from key stakeholders within the organization.
  • Identify and suggest improvements to processes to increase efficiency or effectiveness of work.
  • Ensure compliance with the company’s accounting policies/procedures (including SOX)
  • Perform all aspects of work with a high degree of effectiveness, efficiency, and accuracy.

Qualifications/Requirements:

  • Bachelor's Degree in Accounting from an accredited college or university.
  • Minimum of 5 years in general accounting. Audit experience is required.
  • Supervisory experience:1-3 years.
  • CPA is preferred.
  • SOX compliance experience is preferred.
  • Experience working in project accounting within Data Center is preferred.
  • Familiarity with financial reporting for Data Center and the nuances of Data centre tax incentives.
  • ERP system experience is required, preferred NetSuite, and proficiency with Excel such as pivot tables, formulas, and proficiency with other Microsoft Office products.
  • Detail-oriented and adaptable to changing working requirements. 
  • Detailed understanding of the life cycle of projects and project accounting principles.
  • Strong interpersonal (verbal and written) communication skills are essential. Ability to communicate with various levels of management and clients is required.
  • Must be highly detail oriented and results focused, with strong organizing, multi-tasking, and prioritizing skills.
  • Strong work ethic and team player. High degree of professionalism; flexible work assignments.
  • Strong sense of ethics and ability to deal sensitively with confidential material.
  • Strong problem-solving, and analytical skills.

Travel Requirements:

Location: San Francisco Bay Area, San Diego, CA, Denver, CO or Phoenix, AZ.

The position may require up to 5% domestic travel (once normal travel requirements resume).

Base : 100000-140000

The pay range mentioned above is a guideline. We tailor each offer based on your unique skills, experience, location, and market benchmarks—while ensuring internal parity across our team. In addition to competitive base pay, total compensation may include a discretionary annual bonus, a long-term incentive plan aligned with our ownership mindset, and a market leading comprehensive health and wellness benefits package. Final details will be discussed during the later stages of the hiring process. 

 Our Health & Wellness Benefits 

At SB Energy, we invest in our people and their families with benefits designed for flexibility, support, and peace of mind. Full-time employees enjoy: 

  • 100% Company-Paid Medical, Dental & Vision (for employees and dependents) 
  • 401(k) with Company Match 
  • Generous Paid Time Off + 11 Paid Holidays 
  • 12 Weeks Paid Parental Leave 
  • Life, AD&D & Long-Term Disability Coverage 
  • Flexible Spending Accounts (FSA) for Medical, Dependent Care, Transit & Parking (with company contributions) 
  • Mental, Physical & Social Wellness Support (with company contributions) 
  • Flexible Work Arrangements & Hybrid Office Setup Benefits 
  • Monthly Reimbursement for Phone, Internet & Data 
  • Optional Legal & Pet Insurance Plans 
  • Device Purchase Support 

At SB Energy, the success of our projects is driven by a desire to see our projects benefit as many people as possible. We work to serve local communities through volunteering, fundraising, and much more. For example, we’re proud to support access and opportunity in engineering and clean energy through impactful mentorship programs and workforce training. When you join SB Energy, you can become a part of these efforts, collaborating with team members who share a vision of building a better future now!  

 SB Energy is built on a foundation of collaboration and inclusion. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. 

 To learn more about us, visit www.sbenergy.com. 




Skills Required

  • Bachelor's Degree in Accounting
  • Minimum of 5 years in general accounting
  • Audit experience
  • Supervisory experience (1-3 years)
  • ERP system experience
  • NetSuite experience
  • Excel proficiency (pivot tables, formulas)
  • Proficiency with Microsoft Office
  • CPA
  • SOX compliance experience
  • Experience with project accounting (Data Center preferred)
  • Familiarity with lease accounting (ASC 842)
  • Detailed understanding of project lifecycle and project accounting principles
  • Strong interpersonal, verbal and written communication skills
  • Detail-oriented, strong organizing, multi-tasking and prioritization skills
  • Ability to handle confidential material and strong ethical standards
  • Strong problem-solving and analytical skills
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The Company
HQ: San Francisco, CA
200 Employees
Year Founded: 2015

What We Do

SoftBank Group Chairman Masayoshi Son started SB Energy to deploy renewable energy at the scale required to combat climate change. Today, SB Energy is a leading Climate Infrastructure and Technology Platform headquartered in the San Francisco Bay Area and backed by SoftBank Group Corp and funds managed by the Infrastructure and Power strategy of Ares Management Corporation. SB Energy develops, constructs, and owns and operates some of the largest and most technically advanced renewable projects across the United States. Our experienced team and deep partnerships across development, financing, construction, and operations bring strong execution and innovation to each of our projects and have enabled SB Energy to rapidly scale. What makes SB Energy Unique? The combination of (1) Operating Assets, (2) Large and Growing Pipeline, (3) Investments in AI and Technology, and (4) Amazing Culture and Team. In less than three years, SB Energy finished development, financed, and commissioned 1.3GW of solar projects across California and Texas, with an additional 0.4GW expected on-line the first half of 2022. These projects have created 10,000+ direct and indirect jobs and will power 330,000+ homes when all 1.7GW is complete. SB Energy has also built a large development pipeline of solar and energy storage, enabling us to provide our customers with flexible renewable generation at scale. SB Energy deploys and invests in new technologies to make renewable energy more reliable and accessible, from our AI and digital capabilities to long-duration energy storage, such as iron-based battery company ESS, Inc. (NYSE: GWH) (www.essinc.com) SB Energy is committed to helping build strong, diverse, and inclusive teams and communities. Interested in working with a world-leading company building the renewable energy future? We look forward to connecting with you.

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