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Full-Time

Assistant Controller

Posted on 4/30/2024

Origis Energy

Origis Energy

201-500 employees

Develops solar power and energy storage solutions

Energy

Expert

Miami, FL, USA

Category
Financial Controller
Accounting
Required Skills
SAP Products
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting, Finance, or related field
  • CPA or advanced degree (e.g., Master of Accounting) preferred
  • Minimum of 10 years of progressive accounting experience
  • Strong knowledge of GAAP and financial reporting requirements
  • Experience with technical accounting memos
  • Experience with project finance, complex loan structures, multiple entities, tax equity and construction accounting
  • Proficiency in accounting software (SAP), financial reporting software (OneStream, Essbase) and advanced MS Excel skills
  • Excellent communication skills
  • Proven leadership and team management abilities
  • Detail-oriented with strong analytical and problem-solving skills
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively
  • Commitment to sustainability and passion for the renewable energy industry
  • Expertise and understanding of relevant tax and GAAP regulations, contractual matters and analytical models
Responsibilities
  • Assist in the preparation and analysis of financial statements
  • Oversee month-end and year-end close processes
  • Prepare technical accounting memos
  • Work closely with management team for balance sheet reviews
  • Establish and maintain internal controls
  • Assist with process improvement and monitoring
  • Manage and mentor accounting staff
  • Collaborate with external auditors and tax advisors
  • Analyze financial data and performance metrics
  • Support strategic decision-making
  • Evaluate and implement accounting software and systems enhancements
  • Assist with special projects and initiatives

Origis Energy focuses on renewable energy, particularly solar power and energy storage solutions. The company designs, builds, and manages solar power plants and energy storage systems, primarily serving utility companies, corporate clients, and public sector organizations. Their projects help clients reduce their carbon footprint and achieve clean energy goals while providing predictable energy costs through long-term power purchase agreements (PPAs). What sets Origis Energy apart from competitors is their commitment to financial discipline and community development, ensuring that projects are both environmentally sustainable and financially attractive. The goal of Origis Energy is to provide clean, cost-effective energy alternatives to fossil fuels, contributing to a significant reduction in carbon emissions globally.

Company Stage

N/A

Total Funding

$1.9B

Headquarters

Miami, Florida

Founded

2008

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Simplify's Take

What believers are saying

  • Securing a $300 million corporate credit facility from KKR positions Origis Energy for significant growth and expansion in the renewable energy sector.
  • The promotion of Vikas Anand to CEO, with his strong background in operations and finance, is likely to drive efficient growth and investor value.
  • Origis Energy's successful financing for multiple large-scale projects, such as the $136 million for the 75 MW Rice Creek Solar project, demonstrates their capability to execute and scale complex projects.

What critics are saying

  • The renewable energy market is highly competitive, and Origis Energy must continuously innovate to maintain its market position.
  • Leadership changes, such as the recent promotion of Vikas Anand to CEO, can lead to strategic shifts that may cause temporary instability.

What makes Origis Energy unique

  • Origis Energy's focus on utility, corporate, and public sector clients allows it to tailor solutions specifically for large-scale energy needs, unlike competitors who may target a broader audience.
  • Their business model of long-term power purchase agreements (PPAs) ensures a steady revenue stream and predictable energy costs for clients, setting them apart from companies with less stable financial models.
  • Origis Energy's commitment to community development and support, such as youth programs, enhances their brand reputation and stakeholder engagement, which is not commonly emphasized by all competitors.

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