Assistant Controller

Position: Assistant Controller

Position Summary: SolarEdge (NASDAQ: SEDG), is a global leader in high-performance smart energy technology, with over 5000 employees, offices in 34 countries, and millions of products installed in over 133 countries. Our diverse product offering comprises intelligent solar inverters, battery storage, backup systems, EV charging, and complete home energy management ecosystems.

By leveraging world-class engineering capabilities and with a relentless focus on innovation, we strive to create a world where clean, green energy from the sun is the primary source of power for our homes, businesses, and just about everywhere we thrive.

The Assistant Controller supports the Controller in managing accounting and financial reporting processes for the parent company. This role is essential in ensuring compliance with global accounting standards and maintaining the integrity of consolidated financial statements in accordance with US GAAP. The Assistant Controller will also assist in the development and implementation of internal control policies and procedures.

Location: Milpitas, CA

Duties and Responsibilities:

• Assist in managing accounts payable processing, including data entry, reconciliation of vendor invoices, and ensuring timely payments.
• Support oversight of external accounting and bookkeeping providers.
• Help set up and manage day-to-day accounting activities, including closing revenue cycles, associated reporting and reconciliations, and posting journal entries.
• Assist in implementing and managing SOX processes for Finance and Accounting disciplines.
• Collaborate with accounting staff and provide support in their development.
• Participate in the RFP process for new systems and assist in the implementation and management of accounting and payroll systems.
• Aid in setting customer credit facilities in conjunction with HQ guidance and policies.
• Assist in invoicing and collection efforts from customers.
• Support the preparation, implementation, and monitoring of the annual budget and operating expenses.
• Prepare monthly financial reports for the Corporate finance department.
• Assist in preparing payments and accruing expenses.
• Help manage local bank accounts and prepare payments according to approved invoices and payment instructions.
• Aid in achieving budget objectives by tracking expenditures and analyzing variances.
• Support compliance with federal, state, and local legal requirements by studying existing legislation and assisting in filing financial reports.
• Help establish and monitor effective financial controls within the organization and assist in coordinating with auditors.
• Analyze and ensure proper journal entries and classifications in the General Ledger.
• Assist in developing and implementing accounting procedures in accordance with HQ guidance by analyzing current practices and recommending changes.
• Provide accounting and finance support to the regional GM.
• Assist in the proper registration of company fixed assets and maintain asset protection.
• Support oversight of state and federal income tax filings, sales and use tax, and other registrations.
• Assist in inventory management, costing, and reporting practices.
• Support North America financial-related audits, including Workers' Compensation audits.
• Prepare monthly, quarterly, and annual financial reporting packages.
• Assist in the annual SOX financial audit and contribute to technical write-ups in support of the audit.
• Support revenue recognition, deferred revenue, and customer billing in designated areas of the business.
• Verify semi-monthly payroll, quarterly commissions, and bi-annual bonuses as needed.

Required Skills and Qualifications:

• BA degree in Accounting, Finance, or related field is required.
• CPA preferred.
• 3-7 years of experience in a multi-site accounting role handling reporting, reconciliations, and associated accounting issues.
• Strong knowledge of ERP Systems (Oracle Fusion preferred); advanced skills in Microsoft Excel and PowerPoint.
• Experience in start-ups with the ability to scale SOX and GAAP processes.
• Ability to multi-task in a fast-paced environment and meet monthly deadlines.
• Strong analytical and problem-solving skills, along with excellent oral and written communication skills.
• Must be self-motivated, organized, and detail-oriented, with a commitment to maintaining confidentiality.

FAIR PAY & A JUST WORKPLACE

At SolarEdge, we are committed to fair, transparent pay and we strive to provide competitive, market-informed compensation. The base pay range for this position at the start of employment is expected to be approximately $110-130k. Base pay offered is based on market location and may vary further depending on individualized factors for job candidates, such as job-related knowledge, skills, experience, and other objective business considerations.

Even more importantly, please note that salary is only one component of total compensation at SolarEdge. Subject to those same considerations, the total compensation package for this position may also include other elements, including a bonus and/or equity awards, in addition to a full range of medical, financial, and/or other benefits. Our highly competitive benefits package is designed to support your success at work, at home, and at play. Your recruiter will be happy to discuss all that SolarEdge has to offer!

SolarEdge proudly seeks to build a richly diverse workforce by hiring people with a diversity of thoughts, identities, perspectives, and experiences that help advance the difference we make for consumers, and by ensuring our people experience equity and inclusion in their work lives. We encourage members of traditionally underrepresented communities to apply, including women, people of color, and people with disabilities.