Director of FP&A

Standard Solar • Full-time • Rockville, Maryland • 6d ago

Description

Job Summary

Standard Solar is a leading renewable energy company focused on distributed-generation solar and battery storage projects as a developer, EPC provider and asset management. Standard Solar seeks an experienced FP&A Director to lead company-wide Financial Planning and Analysis (FP&A) activities. This individual will establish and manage a monthly cycle to update forecasts, compare forecast vs. budget vs. actual results, and reconcile differences. The FP&A Director will also lead annual budget activities and a mid-year analysis of actual results to update the rest-of-year forecast. The ideal candidate will have a strong understanding of solar project development, construction, and financing with a solid grounding in accounting.

Essential Duties and Responsibilities:

Develop and maintain Excel-based tools to track actual vs. expected results and provide updated forecasts based on current inputs from all departments.

Experience with reporting requirements of PE's own company.

Provide training and professional development to staff.

Comply with SOX control.

Prepare weekly cash management forecasts.

Identify surpluses/deficits with ample lead time for treasury management to draw/repay cash from/to revolver facilities.

Prepare annual budget and track actual vs. budget performance monthly with detailed analysis of deviations vs. budget.

Work with department heads to establish and maintain accurate departmental budgets.

Support corporate and project finance fundraising efforts.

Coordinate between Finance, Construction, and Accounting to establish accurate project budgets, ensure entry into Oracle, and oversee final vs. initial budget reconciliation.

Coordinate project Commercial Operation Date (COD) planning and communications across departments. Ensure all departments finalize and document key metrics upon each project attaining COD.

Work with the Structured Finance team to evaluate the accuracy of financing projections for projects in development quarterly, adjusting forecasts as needed.

Other duties as assigned.

Knowledge, Skills, and Abilities

Bachelor's Degree in Finance, Accounting, Economics, or another related field.

Five or more years of relevant work experience.

Previous experience in running an FP&A department.

Proficient in financial modeling concepts.

Expert with MS Excel and highly skilled with other MS Office products, including PowerPoint and Word.

Self-starter with a strong sense of ownership and responsibility.

Strong interpersonal skills and ability to effectively communicate and collaborate with all departments within the company.

Ability to effectively manage multiple deadlines and work in a fast-paced, rapidly changing environment.
Strong grasp of financial/accounting principles.
High attention to detail.
Good communication skills.