Senior Manager / Division Controller at Vaco, LLC
La Jolla, CA 92111
About the Job
About the Company: Global leader in offering sustainable solutions for the generation of renewable energy
Title: Sr Manager/Division Controller
Salary: $120k-160k(DOE) + Bonus + Equity
Job Description: This is a high-growth position that will play a critical role in all technical and complex accounting matters under both IFRS and U.S. GAAP, including percentage-of-completion for both revenue and cost recognition, leases, debt, equity, non-controlling interest, stock-based compensation, and business disposal.
The role will report to VP Controller and will work closely with our external CPA firm (Deloitte) and all regional accounting teams in Europe, Asia, and North America.
Responsibilities:
- Manage Monthly IFRS and GAAP financial reporting related to construction accounting, including the preparation of monthly, quarterly, annual project workpapers, project summaries, financial statements and other management reports for several legal construction entities.
- Assess and implement new US GAAP accounting standards and reporting requirements in all entities, such as: ASC 360 Impairment, ASC 420 Business Disposal, ASC 606 Revenue Recognition (percentage of completion, principal vs. agent), ASC 718 Stock Compensation, and ASC 840 Lease Accounting. Ensure financial statements are prepared in accordance with IFRS and US GAAP regulations as applicable.
- Submit timely and accurate monthly financial workbooks related to revenue and cost recognition under the percentage-of-completion method.
- Develop a monthly review process to ensure adequate accuracy of all account reconciliations related to construction projects, which includes intercompany and balance sheet accounting.
- Streamline the procedures and manage the process of month-end closing related to entities related to construction projects under the percentage-of-completion method.
Knowledge and Skills Requirements:
- Bachelor’s degree in accounting with a CPA and prior Public Accounting experience required
- Experience in Financial Reporting and Management Reporting on a global basis
- Knowledge and experience of IFRS
- Exposure to global entities and global teams, including foreign currency transactions, multi-company consolidations and inter-company reconciliations
- Abundant experience with preparing or reviewing financial reports for public companies such as SEDAR reports in Canada and/or SEC reports in the U.S.
- Prior experience of using accounting systems such as Microsoft D365, Active Disclosure, Shareworks, and Jet Reporting
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.