The posting
Who We Are
Renew Home is on a mission to change how we power the world by making it easier for customers to save energy and money at home as part of the largest residential virtual power plant in North America.
We partner with industry-leading brands to better manage residential energy for users by prioritizing efficiency, savings, and comfort — and cleaner energy for everyone.
We are an Equal Opportunity employer striving to create a diverse, equitable, and inclusive work environment where everyone feels that they have a voice that is heard.
We strongly encourage candidates to check out our website at www.renewhome.com to learn more about the world-changing work we are doing.
Role Summary
We are seeking a detail-oriented Director of Accounting to take ownership of the financial reporting process and payroll oversight. In this role, you will bridge the gap between operational accounting and high-level financial reporting. You will bring deep expertise across financial reporting, technical accounting, IPO readiness, payroll management, SOX compliance, and mergers & acquisitions. You will work with outsourced team members to manage complex accounting and our outsourced payroll providers. This is a critical role for someone strong in US GAAP who enjoys process improvement and cross-functional collaboration.
What You Will Do
Technical Accounting & Financial Reporting
- Technical accounting: Lead technical accounting assessments for new standard implementations and work with technical accounting consultants to draft auditor-ready technical accounting policies and position memos. Experienced in revenue recognition (ASC 606), leases (AS 842) and mergers, acquisitions (ASC 805).
- Financial Analysis: Collaborate with the FP&A team to ensure proper General Ledger coding and department allocation on financial statements; implement process improvements to ensure coding accuracy at the source.
- Intercompany Accounting: Prepare intercompany entries with the help of outsourced team members based on specific agreements, ensuring full understanding of both Tax and US GAAP implications.
- Reporting: Review quarterly reports for debt covenants and assist in the preparation of audited financial statements and quarterly investor reporting.
- Stock Based Compensation: Oversee the preparation and review of stock-based compensation accounting, including valuation of equity awards, calculation of grant-date fair value, determination of requisite service periods, and recognition of compensation expense in accordance with ASC 718.
Payroll Accounting & Oversight
- Review & Final Approval (Payroll QA): Execute a comprehensive review and final approval of the bi-monthly US payroll register prior to funding, serving as the final set of eyes to spot errors (e.g., missing spot bonuses, incorrect pro-rations) before the money leaves the bank. Perform a high-level review of the outsourced Canadian payroll to verify headcount and total funding accuracy.
- Transaction Validation & Controls: Maintain proper internal controls and segregation of duties for the payroll cycle by reviewing and validating transaction inputs initiated by People Operations, including hours worked, overtime, bonuses, commissions, retroactive pay, off-cycle payments, and leave pay adjustments.
- GL & Month-End Close: Own the payroll General Ledger mapping within Rippling. Partner with FP&A on departmental coding, and prepare all payroll-related journal entries, reconciliations, and month-end bonus/wage accruals.
- Growth & Tax Registration Oversight: To support ongoing company growth, oversee the execution of new state and provincial payroll tax registrations and ensure proper compliance and configuration within our payroll systems.
- Process Evolution & Optimization: Partner closely with the People Operations team and external vendors to continuously evolve our payroll processes and tooling, actively seeking opportunities for increased efficiencies, data accuracy, and system automation.
Audit, Compliance & Tax
- Audit Support: Support annual audits with external auditors and complete internal control testing on a quarterly basis.
- Tax Compliance: Ensure compliance with sales tax and franchise/business tax, including the preparation and filing of reports as needed. Work with the Controller to review partnership entity taxes and issuances of K-1s.
- Internal Controls: Prepare process flow documentation and coordinate walkthroughs with the auditors. Develop and maintain a risk-control matrix for comprehensive internal control implementation and compliance.
Operational Accounting & Ad-Hoc
- Team Oversight: Review and approve journal entries and balance sheet reconciliations prepared by outsourced team members.
- Insurance Management: Manage the insurance renewal process, prepare files for renewals, issue Certificates of Insurance (COI) as requested by business stakeholders, and file claims.
- Collaboration: Partner with other departments to obtain necessary information for the month-end close and collaborate with the Controller on ad-hoc tasks and reporting needs.
Requirements
- Please apply only if you meet mandatory requirements. You will be asked to confirm each hard requirement in the application form. Applications that do not demonstrate these requirements will not be considered.
- Education: CPA (active license) required with bachelor’s degree in accounting.
- Energy: Renewable industry experience required.
- Experience: 10-15+ years of progressive accounting experience required with a mix of public and private companies preferred. Big 4 or Tier II Audit firm experience is required. Merger and acquisition experience is a plus. Experience establishing internal financial controls and QA oversight for multi-state US payroll operations is highly preferred.
- Technical Skills: Strong technical accounting skills, thorough understanding of SOX compliance and IPO readiness. Advanced level in Excel, familiarity with cloud-based HRIS/payroll platforms (like Rippling), and familiarity with AI tools.
- GAAP Knowledge: Deep understanding of US GAAP, specifically regarding revenue recognition, payroll and wage/bonus accruals, intercompany transactions, and financial reporting.
- Soft Skills: Experience managing and developing offshore teams, collaborating with internal departments (FP&A, HR, TX Operations) to optimize automated process workflows, and partnering closely with external US and international payroll vendors.
Benefits
What You'll Get
- A full-time position, with a competitive salary based on experience. The base salary for this role is $185k - $225k. In addition to base compensation, this role is eligible for a target annual bonus of 25% of base salary, and participation in long-term incentive programs tied to company growth and performance. We use market data and consider your job family, background, skills, experience, and U.S. work location to determine compensation within our established pay range.
- Fully remote work environment with home office set-up allowance.
- Real and lived work-life balance - Company perks include no pre-set vacation limits (with a top-down culture of taking meaningful PTO every year!), parental leave benefits, and a corporate value of working sustainably and putting families first.
- Competitive benefits package that includes numerous health and wellness benefits.
- 401(k) plan, with employer contributions to the same.
- Opportunity to work with amazing people who are passionate about their mission, thriving in a fully-remote work environment, and learning and growing every day.
At this time, Renew Home is unable to sponsor or take over sponsorship of employment visas. Candidates must be authorized to work in the United States without current or future immigration from the company, including training plans for foreign students.
EQUAL OPPORTUNITY EMPLOYER
Individuals seeking employment at Renew Home are considered without regard to race, color, religious creed, sex, gender identification, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
