Full-Time
Experienced Inventory Accountant
Posted on 11/21/2024
Sunnova Energy
1,001-5,000 employees
Provides solar energy and storage solutions
Mid
Houston, TX, USA
Hybrid position based in Houston, TX.
- Minimum of three years of accounting experience
- An undergraduate degree with an accounting concentration
- CPA is preferred
- Advanced working knowledge of Microsoft Excel
- Experience in renewable energy space is a plus
- Experience with ERP environment
- Experience working with voluminous legal entities and intercompany transactions
- Impeccable integrity: words and actions must continually reinforce this characteristic
- A team player that has knowledge and experience in US generally accepted accounting principles and who has a successful track record meeting deadlines, increasing efficiency and issue spotting and resolution
- Perform all related accounting functions required to maintain the general ledger in compliance with GAAP and company policy for notes receivable and revenue entries, general accounting accruals, and other supporting entries.
- Coordinate month-end, quarter-end and year-end closing activities to ensure timely reporting as well as assist with quarterly public audits
- Identify and reconcile any financial discrepancies
- Analyze monthly results and perform variance/aging analysis
- Prepare supporting schedules for possibly public and many non-public financial statements
- Prepare balance sheet account reconciliations
- Prepare, review, and clearly communicate various analyses and other information to members of management and external auditors
- Develop procedures to improve workflow efficiency and internal controls
Sunnova Energy provides clean energy solutions primarily through solar power and energy storage systems for homeowners and businesses. Their services are designed to enhance the accessibility and affordability of renewable energy. The company operates on an adaptive energy platform that allows them to offer competitive pricing and flexible financing options, generating revenue through long-term service agreements. Unlike many competitors, Sunnova focuses on promoting energy independence, helping clients reduce their reliance on traditional energy grids. The goal of Sunnova is to encourage the adoption of sustainable energy alternatives, making clean energy more accessible to a wider audience.
Company Stage
IPO
Total Funding
$880.3M
Headquarters
Houston, Texas
Founded
2012
6 month growth
↑ 5%1 year growth
↑ 13%2 year growth
↑ 60%
Simplify's Take
What believers are saying
- Sunnova's expansion of its virtual power plant network across multiple states and Puerto Rico offers significant growth potential and increased grid stability.
- The strategic partnership with The Home Depot enhances Sunnova's brand visibility and customer acquisition capabilities.
- Recent executive appointments, including a new CFO and COO, bring fresh leadership and potential for operational improvements.
What critics are saying
- The securities class action lawsuit could lead to financial and reputational damage, affecting investor confidence.
- The integration and management of large-scale partnerships, such as with The Home Depot, may pose operational challenges.
What makes Sunnova Energy unique
- Sunnova's virtual power plant product allows residential customers to send stored power back to the grid, a unique feature that sets it apart from traditional solar energy providers.
- The exclusive partnership with The Home Depot positions Sunnova as a national leader in solar and battery storage services, providing unparalleled market reach.
- Sunnova's focus on adaptive energy services, including innovative programs like the Sunnova Power Grid Protect and Emergency Load Reduction, differentiates it from competitors.
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