How to apply for Senior Subsidiary Accountant

About EnergyHub

EnergyHub is at the forefront of the clean energy transition, turning distributed energy resources like smart thermostats, EVs, and batteries into virtual power plants. This mission-driven company offers the opportunity to work on critical climate solutions while being part of a growing team backed by the resources of Alarm.com (Nasdaq: ALRM).

About the role

As the Senior Subsidiary Accountant, you will own the month-end close process and financial reporting for EnergyHub, ensuring accuracy and compliance with U.S. GAAP. You'll be the key accounting liaison between EnergyHub and its parent company, directly influencing how accounting functions evolve in a fast-paced, purpose-driven environment.

A typical day

A typical day might start with reviewing revenue contracts and coordinating with program managers on new deals, then diving into journal entries and reconciliations for the month-end close. You'll also prepare reports for Alarm.com, respond to auditor requests, and proactively identify process improvements to streamline accounting operations.

Who EnergyHub is looking for

• Experienced in full-cycle month-end close, including journal entries, reconciliations, and financial statement preparation under U.S. GAAP.
• Skilled in ASC 606 revenue recognition, with the ability to review contracts and collaborate with program managers to ensure correct revenue treatment.
• Adept at managing external audits, preparing workpapers, and coordinating directly with auditors.
• Excellent communicator who can bridge the gap between operational teams and parent company finance, with a high standard for accuracy and timeliness.

Tips for this application

• Highlight specific examples of your experience with ASC 606, especially in a software or technology company, as this is a key requirement.
• Quantify your impact in previous roles, such as reducing close time or improving accuracy, to demonstrate your efficiency and value.
• Mention any experience with parent-company reporting or intercompany transactions, as you'll be working closely with Alarm.com.
• Show your passion for sustainability or clean energy in your application to align with EnergyHub's mission.
• Tailor your resume to emphasize your ability to work independently and manage multiple priorities in a remote environment.

What to cover in your cover letter

["Express enthusiasm for EnergyHub's mission and the role's direct impact on scaling clean energy solutions.", "Detail your experience with month-end close and ASC 606, providing concrete examples of how you've ensured compliance and accuracy.", 'Highlight your ability to collaborate across teams and with external auditors, emphasizing strong communication and relationship-building skills.', "Mention your proactive approach to improving accounting processes and how you can contribute to the evolution of EnergyHub's finance function."]

Research before applying

• Understand EnergyHub's products and how they create virtual power plants for utilities, to speak intelligently about the business.
• Review Alarm.com's annual report and financial statements to understand the reporting requirements and parent-company dynamics.
• Look into EnergyHub's recent news, partnerships, or customer wins to demonstrate your interest and awareness.
• Familiarize yourself with the clean energy industry's challenges and opportunities, especially regarding distributed energy resources and grid stability.

Likely interview topics

Based on the job description, expect questions about:

• Walk me through your month-end close process. How do you ensure accuracy and timeliness?
• Describe a time you applied ASC 606 to a complex contract. What were the key considerations?
• How do you handle communication with parent company finance? Can you give an example of resolving a reporting issue?
• What experience do you have with external audits? How do you prepare and manage auditor requests?
• How do you stay organized and manage priorities when juggling multiple close responsibilities?

Common mistakes to avoid

• Don't provide generic answers about your accounting experience without connecting them to the specific responsibilities of this role, such as ASC 606 or subsidiary reporting.
• Avoid showing a lack of understanding of the clean energy sector or EnergyHub's mission, as this is a key part of the company's identity.
• Don't underestimate the importance of soft skills; this role requires clear communication across teams and with parent company, so avoid focusing only on technical skills.