Senior Director, Corporate Finance

FLSA Classification: Exempt

Salary Range: $200,000 to $235,000 plus bonus and incentive stock options

Reports to: CFO

About The Company:

NineDot's name derives from the(https://www.artofplay.com/blogs/articles/history-of-the-nine-dot-problem)classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

Reporting to the CFO, the Senior Director of Corporate Finance will lead and manage the financial backbone of a rapidly scaling renewable energy company. In this role the Senior Director will serve as a key partner to the leadership team for making business decisions. The Senior Director will lead a team of financial professionals focused on Controllership, Accounts Payable/Receivable, Treasury, FP&A, and Asset Revenue. Additionally, the Senior Director will be the business owner of NineDot’s ERP system (SAP).

Roles and 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.

Competencies for Success

• Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions; conducts excellent and honest analysis; looks beyond the obvious and doesn’t stop at the first answer.
• Interpersonal Savvy - Able to relate well to all individuals within and beyond the organization; builds appropriate rapport along with constructive and effective relationships; uses diplomacy and tact.
• Perseverance - Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.
• Dealing With Ambiguity - Can effectively cope with change and shift gears comfortably; can decide and act without having the total picture.
• Creativity - Capable of coming up with new and unique ideas; easily makes connections among previously unrelated notions.
• Technical Learning - Picks up on technical things quickly, capable of learning new skills and knowledge, good at learning new industry, company, product, or technical knowledge.
• Intellectual Horsepower - Demonstrated ability to deal with concepts and complexity comfortably; described as intellectually sharp, capable, and agile.
• Developing Direct Reports and Others - Provides challenging and stretching tasks and assignments; holds frequent development discussions; cooperates with the developmental system in the organization; is a people builder.
• Building Effective Teams - Creates strong morale and spirit in his/her/their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; creates a feeling of belonging in the team.
• Innovation Management - Is good at bringing the creative ideas of others to market; has good judgment about which creative ideas and suggestions will work; has a sense about managing the creative process of others; can project how potential ideas may play out in the real world.
• Planning - Accurately scopes out length and difficulty of tasks and projects; sets objectives and goals; breaks down work into the process steps; anticipates and adjusts for problems and roadblocks; measures performance against goals; evaluates results.
• Drive for Results - Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
• Strategic Agility - Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately and paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
• Managing Through Systems - Can design practices, processes, and procedures which allow managing from a distance; is comfortable letting things manage themselves without intervening; can make things work through others without being there; can impact people and results remotely.
• Managing Vision and Purpose - Communicates a compelling and inspired vision or sense of core purpose; talks beyond today; talks about possibilities; is optimistic; creates mileposts and symbols to rally support behind the vision; makes the vision shareable by everyone; can inspire and motivate entire units or organizations.

Required education and experience

• 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.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Affirmative Action/EEO statement

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

Covid 19 Protocol:

NineDot continues to monitor local COVID-19 protocols mandated by state and federal governments. For those who will be joining events in person, you may be required to test before meetings.