Senior Director
Corporate Finance
Updated on 11/30/2023
NineDot Energy

11-50 employees

Develops and operates urban battery storage sites
Company Overview
NineDot Energy, based in Brooklyn, New York, is a pioneering company in the energy sector, focusing on the development and operation of battery storage sites in the NYC metropolitan area, with a unique emphasis on vehicle-to-grid capabilities. Their approach merges business model innovation with community-centered solutions, which has led to significant financial backing from reputable institutions such as the U.S. Department of Energy, the New York State Energy Research and Development Agency, and the Carlyle investment group. The company's commitment to creating a cleaner, more equitable, and resilient urban grid, coupled with their strategic location at the NYU Tandon School of Engineering Urban Future Lab, positions them as a leader in the energy industry.
Data & Analytics
Hardware
Energy

Company Stage

Grant

Total Funding

$111.2M

Founded

2015

Headquarters

Brooklyn, New York

Growth & Insights
Headcount

6 month growth

29%

1 year growth

62%

2 year growth

528%
Locations
New York, NY, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Business Strategy
SAP Products
Excel/Numbers/Sheets
Financial analysis
CategoriesNew
Business & Strategy
Finance & Banking
Requirements
  • Bachelor’s Degree, graduate degree in business, economics, or finance a plus
  • 10 years of experience in finance/accounting
  • CPA required
  • Direct experience with accounting of renewable projects (solar, battery storage) and tax equity accounting required
  • Prior experience managing a team required
  • Experience with SAP required. Experience with systems upgrade is a plus
  • Strong proficiency in excel based modeling, Google and MS Office productivity suites
  • Demonstrated ability to bring closure to complex and high value business transactions under tight timeframes; investment banking experience a plus
  • Team player that is well-adept at working with cross-functional teams to execute complex projects
  • Direct experience in startup a plus and comfortable working in a start-up environment and willing to step up beyond formal roles/responsibilities when “all hands-on deck” situations arise and a willingness to “roll up your sleeves” and get into the details when required
Responsibilities
  • Lead and manage the corporate finance team
  • Own P&L responsibilities for NineDot and drive resource planning, profitability and cost reduction initiatives
  • Create and manage financial accounting systems, processes and controls for NineDot parent corporation as well as for multiple project special purpose entities
  • Develop corporate company financial models (corporate)
  • Develop and implement metrics, tools, systems and processes to report financial results and variances to business plan
  • Lead various planning and forecasting cycles (annual planning, quarterly/monthly outlooks)
  • Maintain a capitalization table
  • Manage finance and accounting functions and manage accounting/controller work streams. Direct all accounting functions, including: account receivables/collections, expense processing, taxes, and revenue recognition and reporting. Oversee account payables and receivables
  • Oversee/manage annual audits of parent corporation and special purpose entities
  • Manage post-closing transaction integration into operations
  • Provide business analysis on companies operations and product results
  • Provide leadership needed to plan and grow profit efficiently, including developing budgets and providing accurate projections in support of business strategy
  • Present timely and valid interpretation of operating results
  • Responsible for overall fiscal operations: directing internal financial programs and procedures. and maintaining useful relationships with outside partners and vendors
  • Provide ongoing financial analysis to a range of company leaders in support of key business decisions
  • Provide sound leadership in complying with financial and legal requirements
  • Develop short-range and long-range financial plans to achieve established corporate goals
  • Proactively lead cash management from liquidity forecasting to implementation and operations, including developing tools and systems to manage company working capital lifecycle
  • Ensure adequate liquidity to support business operations and growth at optimized cost of capital
  • All other duties as assigned
Desired Qualifications
  • Experience with systems upgrade
  • Investment banking experience
  • Direct experience in startup