Job Description:
Nextpower is seeking a motivated and detail-oriented Accountant to join our Global Controllership organization in Fremont, California. The
Accountant will support accurate, timely, and controlled financial reporting across Nextpower's global operations. This role will execute critical accounting and close activities, prepare and review account reconciliations, support technical accounting, including revenue recognition and project accounting, and partner with cross-functional teams across the organization.
This position is based in our Fremont, CA office and follows a hybrid work model, with an expectation of working onsite four days per week. The ideal candidate will bring broad accounting experience, strong analytical skills, sound judgment, attention to detail, a continuous improvement mindset, and the ability to independently manage complex accounting and related activities while partnering across the organization.
Key Responsibilities
Financial Close and General Accounting
• Prepare, review, and post journal entries, including non-routine entries, and independently manage assigned monthly, quarterly, and annual close activities by established deadlines.
• Own balance-sheet reconciliations; investigate variances and root causes, resolve issues, and escalate matters requiring broader judgment or policy interpretation.
• Analyze account fluctuations, identify trends and unusual activity, and present clear variance explanations and recommendations to management.
• Maintain schedules for accruals, prepaids, fixed assets, intercompany activity, and other assigned areas.
Financial Reporting and Technical Accounting
• Support financial reporting packages, including roll-forwards, tie-outs, and disclosures.
• Apply US GAAP and company policies to complex accounting activities; research technical questions, document conclusions, and recommend appropriate treatment in consultation with leadership or technical accounting partners.
• Lead or contribute to accounting workstreams for acquisitions, systems initiatives, and other business projects, coordinating deliverables across stakeholders.
• Prepare accurate schedules, analyses, and supporting documentation for management, auditors, and cross-functional partners.
Accounts Receivable and Revenue Recognition
• Maintain assigned project records using contracts, purchase orders, pricing, billing schedules, and shipping terms.
• Prepare and review customer invoices, validating quantities, pricing, milestones, delivery evidence, taxes, tariffs, credits, and contract adjustments while resolving exceptions with relevant partners.
• Apply ASC 606 point-in-time and over-time revenue recognition principles, assess transfer-of-control evidence, and document conclusions using contract, shipping, delivery, and acceptance terms.
• Perform revenue cutoff procedures and reconcile revenue, receivables, contract balances, inventory, and cost of sales.
• Resolve invoice disputes, credits and rebills, collection follow-up, project reconciliations, and financial closeout matters using sound judgment and coordinating resolution with stakeholders.
Controls, Audit, and Process Improvement
• Execute assigned controls and retain required evidence.
• Coordinate audit requests and maintain organized supporting documentation.
• Identify process gaps, design and implement practical improvements, and measure results related to accuracy, efficiency, controls, and scalability.
• Support the development and maintenance of accounting policies, standard operating procedures, and process documentation.
• Partner with Finance, Legal, Operations, and other senior stakeholders to resolve complex accounting issues, improve data quality, and influence effective solutions.
• Lead or support system implementations, automation, reporting enhancements, and special projects that improve accounting processes and business visibility.
Systems, Data, and Automation
• Support the transition from NetSuite to Oracle Fusion through data validation, testing, reconciliations, mapping, and user acceptance testing.
• Identify opportunities to simplify, standardize, automate, and scale accounting processes.
• Use Smartsheet, Power BI, AI tools, and other productivity and analytical tools to investigate data, improve reporting, and monitor exceptions.
• Promote exception-based management, reliable data, and reduced reliance on manual processes.
Required Qualifications
• Bachelor's degree in accounting, finance, business, or a related field; equivalent relevant education and experience may be considered.
• CPA license, CPA candidacy, or active progress toward CPA certification is required.
• Typically, 5 years of related accounting, accounts receivable accounting, audit, or public accounting experience with a bachelor's degree; 3 years with a master's degree; or equivalent relevant experience.
• Strong knowledge of US GAAP, reconciliations, journal entries, accruals, financial statements, and accounting close processes, with the ability to apply concepts to varied and non-routine situations.
• Ability to independently prioritize competing work, meet close deadlines, and maintain accuracy across multiple projects and stakeholders.
• Strong written and verbal communication skills, including the ability to explain complex accounting issues, advise partners, and adapt communication to different audiences.
• Advanced Excel skills, including lookups, pivot tables, data analysis, and reconciliation tools, with experience using ERP and financial reporting systems.
Preferred Qualifications
• Public accounting experience, preferably with a Big Four firm, or a mix of public accounting and industry experience.
• Experience with SEC reporting, SOX controls, or public companies.
• Experience with ASC 606 revenue recognition principles, contract balances, billing and collection, inventory, and project margins.
Nextracker offers a comprehensive benefits package. We provide health care coverage, dental and vision, 401(K) participation including company matching, company paid holidays with unlimited paid time off, generous discretionary company bonuses, life and disability protection and more. Employees in certain positions may be eligible for stock compensation. All plans are in accordance with relevant plan documents. For more information on Nextracker's benefits please view our company website at www.nextracker.com.
Pay is based on market location and may vary based on factors including experience, skills, education, and other job-related considerations. The annual target total cash compensation for this position is $100,000-$120,000, which includes base salary and target commission. Actual compensation may vary based on sales target achievements. This role is also eligible for equity as part of the total compensation package. (Applicable to California)
