Accounting Manager
Palmetto
Company Description
Recognized by Forbes as one of the fastest-growing private companies in the United States, Palmetto believes that choosing to source clean energy from renewable resources like solar power should be a right, not a privilege. As such, we connect homeowners with renewable energy options such as solar power and energy storage systems. Through our marketplace business model, we empower solar sales professionals and solar installation companies with access to our proprietary design platform, financing, customer management system, logistics, and project management. Our #1 focus is a phenomenal experience for our customers and partners, evidenced in our industry-leading Net Promoter Score.
Our employees are our most valuable resource. Palmetto has a promote-from-within culture for talent development. We offer excellent benefits such as unlimited vacation/PTO, medical, dental, and vision coverage, parental leave, and retirement plans.
Location: This role will be located onsite at one of our offices in either Charlotte, NC or Charleston, SC
Summary of Role
As an Accounting Manager, you will play a pivotal role in overseeing the accounting operations of the company. This includes managing monthly, quarterly, and annual financial close processes, preparing financial statements, and ensuring compliance with GAAP and industry standards. You will lead a team of accountants and collaborate with cross-functional departments to drive efficiencies, implement best practices, and support the company’s strategic goals.
Strategic & Tactical
- Oversee the preparation and analysis of monthly, quarterly, and annual financials, ensuring accuracy, timeliness, and compliance with GAAP and industry-specific standards.
- Lead month-end and year-end close processes, identifying and implementing improvements to enhance efficiency.
- Ensure proper accounting treatment for complex transactions, including Power Purchase Agreements (PPAs), Solar Renewable Energy Certificates (SRECs), and other renewable energy-related agreements.
- Partner with the finance and operational teams to maintain robust policies for revenue recognition (ASC 606) and accounting for tax equity investments.
- Supervise and mentor a team of accountants, providing guidance and fostering professional development.
- Establish clear goals and expectations while ensuring team alignment with broader company objectives.
- Identify and implement automation opportunities to streamline accounting workflows and financial reporting.
- Assist in adopting and integrating new accounting standards, systems, and tools.
- Manage external audits by preparing and reviewing documentation and ensuring adherence to key controls.
- Document and maintain policies, procedures, and technical accounting matters to support compliance and operational excellence.
- Support M&A activities and other corporate initiatives, including due diligence and integration efforts.
- Serve as a key liaison between the accounting department and other teams, such as finance and operations.
- Handle the full lifecycle of JV accounting, including partnership structures, eliminations, and intercompany reconciliations during consolidation.
- Ensure proper allocation of expenses and revenues across JVs and related entities.
- Monitor JV agreements to ensure compliance with operational and financial covenants.
- Lead ad hoc projects such as new accounting standard implementations, policy updates, and operational improvements.
Qualifications
- Bachelor’s degree with accounting major (or Master’s degree in Accounting)
- Certified Public Accountant license or equivalent required
- 6+ years of progressive accounting experience
- At least one year of renewable industry experience preferred
- An energetic, proactive individual 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
- Knowledge of basic accounting principles
- High degree of attention to detail and analytic abilities
- Ability to work independently and prioritize tasks
- Our tech stack includes NetSuite, Stampli, GSuite, and more
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