Accounting Manager

Company: Spring Free EV
Location: San Francisco
Posted on: May 28, 2023

Job Description:

IntroductionSpring Free EV makes electric vehicles affordable and grid-friendly using just software. We are on a journey to take a gigaton of CO2 emissions off the road. EV adoption is accelerating and our company Spring Free has a great opportunity in front of us.Industry backgroundThe speed of adoption of Electric Vehicles (EVs) is critical to achieve deep decarbonization of the transport sector. The average gasoline vehicle on the road today has a fuel economy of about 22.0 miles per gallon and drives around 11,500 miles per year. Every gallon of gasoline burned creates about 8,887 grams of CO2. Added-up passenger vehicles emit 10% - 15% of total greenhouse gas emissions.The auto finance industry has a massive entrenched ecosystem of loans and leases. Worldwide auto revenues were around $3 Trillion in 2017. EVs are now at a tipping point where the capital cost and total cost of ownership can be lower than gas or diesel powered vehicles.We would love to hear from you if you want to join a team with deep FinTech knowledge and startup experience, including dozens of success stories and four IPOs.Accounting ManagerThis position develops and implements the financial activities for the company, as well as works to produce accurate and timely financial statements and reports for those inside and outside of the organization. The Accounting Manager will be responsible for overseeing fund reporting, and providing guidance to the accounting team on complex accounting issues. This position requires the ability to make sound financial decisions, effectively communicate with outside parties regarding the financial affairs of the company, and remain focused on increasing the bottom line and maximizing profit. In short, this person keeps the trains running on time.Roles & ResponsibilitiesProvide technical accounting guidance on complex accounting issues and transactions, including revenue recognition, leases, stock-based compensation, and business combinationsEnsure the organization's financial statements comply with GAAP, SEC regulations, and other accounting standardsComplete all standard and ad-hoc financial analysis, as needed for the business planning processDevelop and maintain accounting policies and procedures to ensure compliance with accounting standards and best practices.Financial Reporting and Analysis:Work closely with the Controller and Capital Markets preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements for investors and vehicle ownersConduct regular financial analysis and provide insightful recommendations to senior management for strategic decision-makingMonitor key financial indicators and variances, identify trends, and implement corrective actions as necessaryEnsure compliance with applicable accounting standards, regulations, and company policiesGeneral Accounting Operations:Manage day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and payrollReview and approve journal entries, account reconciliations, and other financial transactions to maintain the accuracy and completeness of financial recordsImplement and maintain effective internal controls to safeguard company assets and mitigate financial risksCollaborate with internal stakeholders to streamline processes, improve efficiency, and optimize the use of accounting systemsSkills & ExperienceBachelor's degree in Accounting, Finance, or related field required; CPA or equivalent certification preferred5+ years of general accounting and management experience at a Fintech, auto finance, and/or solar finance companyExperience with complex accounting issues, including revenue recognition, leases, stock-based compensation, and business combinationsExpertise with Excel and the development of financial templates for repeatable processesIdeally rode growth wave from $5M to $100M+Worked for VC ownership w/growth exp., w/consistent reporting/accountability, been through a transactionFinTech, Mobility and/or asset heavy business background desirableThe right person will be a proven operational account: Strong in Cash Mgt. and FP&A. The accounting professional will have demonstrated hands-on leadership, with expertise in start-up and growth phases of businesses. This critical team member will be an expert in establishing processes, controls, and positioning a company for growth. Functional expertise beyond Auto Finance to include: Legal, Procurement, Capital MarketsThis is a remote position.

Keywords: Spring Free EV, San Francisco , Accounting Manager, Accounting, Auditing , San Francisco, California