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Full-Time

VP of Finance

Posted on 6/27/2024

Solar Landscape

Solar Landscape

51-200 employees

Community solar projects for local energy access

Energy

Senior, Expert

Shrewsbury, NJ, USA

Requires onsite presence in Asbury Park for at least three days per week.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Communications
Management
Requirements
  • Bachelor's degree in Finance, Accounting, Business Administration, or related field; MBA or advanced degree preferred.
  • CPA required; CFA, or other relevant professional certification a plus.
  • 10+ years of progressive experience in corporate finance and accounting, with at least 5 years in a management or leadership role.
  • Experience in the construction or renewable energy sector required, preferably distributed generation solar.
  • Deep understanding of financial principles, project finance concepts, and corporate financial planning techniques relevant to the solar energy sector.
  • Excellent analytical, communication, and interpersonal skills.
  • Demonstrated leadership capabilities with the ability to inspire and manage a team effectively.
  • Proven project management skills, including overseeing software conversions and other related initiatives.
Responsibilities
  • Build strong cross-functional relationships with other departments and business units to drive alignment and achieve common objectives.
  • Lead and mentor a team of finance and accounting professionals, fostering a culture of collaboration, accountability, and continuous learning.
  • Drive the finance department forward through perpetual improvement and change management in the context of a company undergoing rapid growth.
  • Manage and develop a team handling all aspects of accounting operations, including general ledger management, accounts payable, accounts receivable, and payroll.
  • Supervise the quarter-end and year-end close processes and introduce monthly closings; oversee the preparation and analysis of financial statements in compliance with accounting standards and regulatory requirements.
  • Continuously develop improvements to streamline accounting system's and team’s collaboration with other departments.
  • Develop corporate financial KPIs, policies and procedures; implement and maintain effective internal controls to safeguard company assets and ensure compliance with financial policies and procedures.
  • Oversee the annual budgeting process and provide guidance on financial planning, forecasting, and resource allocation.
  • Ensure accurate, timely and insightful financial reporting to internal and external stakeholders including senior management and corporate financing counterparties.
  • Oversee cash flow forecasting, cash management, working capital levels and banking relationships to optimize liquidity and access to credit.
  • Oversee fundings and draw requests from investors and lenders to project portfolios.
  • Develop and implement treasury policies and procedures to mitigate financial risks and ensure compliance with regulatory requirements.
  • Manage corporate insurance coverage.

Solar Landscape focuses on community solar projects in New Jersey, allowing residents to access solar energy without needing to install panels on their own properties. The company collaborates with commercial property owners, municipalities, and non-profits to install large-scale solar systems on rooftops and other available spaces. The energy generated is then distributed to the community, helping to reduce energy costs and lower carbon emissions. Unlike traditional solar models, Solar Landscape's approach enables multiple customers to benefit from a single solar installation, making solar energy accessible to renters and those with unsuitable roofs. Their business model involves leasing rooftops for solar installations and selling the generated energy to utility companies or directly to consumers. The goal of Solar Landscape is to make solar power affordable and accessible for all, while also supporting environmental sustainability.

Company Stage

Grant

Total Funding

$850K

Headquarters

Wall Township, New Jersey

Founded

2012

Growth & Insights
Headcount

6 month growth

28%

1 year growth

28%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent funding of $20 million, including $10.5 million from NJEDA, positions Solar Landscape for significant expansion and job creation.
  • The company's goal to double operations and hire over 100 new employees in 2024 reflects strong growth potential and commitment to community impact.
  • Partnerships with organizations like Lyft and Edison Job Corps enhance workforce development and support equitable employment in the clean energy sector.

What critics are saying

  • The reliance on state and federal incentives and tax credits could pose financial risks if these programs are reduced or eliminated.
  • Rapid expansion plans may strain operational capabilities and lead to potential execution challenges.

What makes Solar Landscape unique

  • Solar Landscape's focus on community solar projects in New Jersey sets it apart from competitors who may not target specific local markets as intensively.
  • Their business model of leasing commercial rooftops and selling energy through community solar subscriptions provides a dual revenue stream, enhancing financial stability.
  • The company's partnerships with local governments, non-profits, and commercial real estate owners enable them to scale projects efficiently and access diverse funding sources.

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