ABOUT POWER FACTORS
Power Factors is a software and solutions provider leading the next generation of clean energy with Unity, one of the most extensive and widely deployed renewable energy management suites (REMS) in the market. With over 300 GW of wind, solar, and energy storage assets managed worldwide across more than 600 customers and 18,000 sites, Power Factors manages 25% of the world’s renewable energy data.* Power Factors’ Unity REMS supports the entire energy value chain, from monitoring and controls to market analytics. The company’s suite of open, data-driven applications empowers renewable energy stakeholders to collaborate, automate critical workflows, and make more informed decisions to maximize asset returns. Energy stakeholders receive end-to-end support, including solutions for SCADA & PPC, centralized monitoring, performance management, commercial asset management, and field service management. With deep domain expertise, AI-powered insights are delivered at scale so businesses can optimize assets, unlock growth, and make smarter decisions as the world rapidly transitions to clean energy. Power Factors fights climate change with code.
- Outside China and India The Opportunity Power Factors is seeking an experienced Vice President, Controller to lead the company's global accounting and controllership organization in a complex, international SaaS and technology environment. Reporting to the Chief Financial Officer, the VP, Controller is a key member of the Finance leadership team and a trusted partner to the CFO on accounting, financial governance, risk, operational scalability, and Finance transformation. The role is responsible for the integrity, accuracy, and scalability of the company's global accounting operations, including financial close and reporting, revenue accounting, accounts receivable, accounts payable, financial controls, statutory accounting, and related finance operations. This is both a strategic and hands-on leadership role. The successful candidate will combine strong technical accounting expertise with operational leadership and will strengthen processes, controls, systems, cash discipline, and organizational capabilities as Power Factors continues to grow globally. The role will help build a scalable controllership model that supports multiple entities, currencies, jurisdictions, and evolving commercial models. What You'll Do Global Accounting & Controllership
- Lead the company's global accounting and controllership function, ensuring accurate, timely, and consistent financial reporting across entities and jurisdictions.
- Own the monthly, quarterly, and annual financial close processes and continuously improve the speed, quality, and predictability of the close.
- Ensure appropriate accounting policies, procedures, controls, reconciliations, and documentation are in place across the organization.
- Provide oversight of general accounting activities, including general ledger, intercompany accounting, accruals, prepayments, fixed assets, and balance sheet reconciliations.
- Ensure consistent application of accounting policies across global entities and proactively identify emerging accounting risks.
Financial Reporting, Governance & Compliance
- Oversee the preparation and integrity of consolidated financial statements and management reporting.
- Maintain strong financial controls and appropriate governance over financial processes, with clear ownership and escalation mechanisms.
- Lead the external audit process and serve as a key point of contact for external auditors and accounting advisors.
- Ensure compliance with applicable accounting standards and statutory reporting requirements across international entities.
- Partner with Tax, Legal, Payroll, and People & Culture to support regulatory, statutory, and entity compliance requirements.
- Act as a key partner to the CFO on accounting, financial governance, risk, operational scalability, and Finance transformation priorities.
Revenue Accounting
- Lead the accounting framework for a complex global revenue environment spanning SaaS subscriptions, professional services, projects, implementation arrangements, and other customer contracts.
- Own revenue recognition policies, contract assessments, processes, reconciliations, and controls, ensuring accurate and consistent application across the business. Familiarity with ASC 606 overtime revenue recognition is a plus.
- Partner with Revenue Operations, FP&A, Sales, Professional Services, Legal, and other business teams to ensure accurate and timely revenue reporting.
- Ensure complex customer arrangements and contracts are appropriately assessed from an accounting perspective.
- Strengthen revenue-related processes and controls as the business and its commercial models evolve.
Accounting Operations & Working Capital
- Provide leadership across Accounts Receivable, Accounts Payable, general accounting, and related accounting operations.
- Establish strong operational discipline around billing, collections, cash application, vendor payments, accruals, and reconciliations.
- Drive effective working-capital performance through clear ownership, service levels, controls, escalation processes, and measurable KPIs.
- Ensure accounting operations effectively support multiple legal entities, currencies, and jurisdictions.
Systems, Processes, Transformation & Integration
- Build a scalable global controllership operating model by standardizing processes, eliminating unnecessary manual activities, strengthening system utilization, and using automation and AI where appropriate.
- Strengthen the use of financial systems and data to improve accuracy, scalability, transparency, and decision support.
- Partner with Finance and business leaders to simplify end-to-end processes while maintaining appropriate controls.
- Establish and monitor key controllership metrics, including close cycle, reconciliation quality, aged receivables, billing accuracy, audit findings, control effectiveness, and process efficiency.
- Support financial due diligence, purchase accounting, and the integration of acquired entities, systems, and processes as required.
- Ensure processes and systems are scalable across multiple entities, currencies, jurisdictions, and future business growth.
Leadership & Organization
- Lead, develop, and mentor a geographically distributed accounting organization.
- Build strong leadership capability, technical depth, and succession within the Finance team.
- Establish clear accountability, priorities, decision rights, and operating rhythms across the controllership organization.
- Develop an organization capable of balancing strong financial governance with responsive, pragmatic support to the business.
- Partner closely with the CFO, FP&A, Revenue Operations, Tax, Legal, People & Culture, and operational leaders.
What You'll Need
- 12+ years of progressive experience in accounting, controllership, financial reporting, or related finance leadership roles.
- Significant leadership experience in a Controller, Corporate Controller, VP Accounting, or senior controllership role within a complex, global organization.
- Professional accounting designation such as CPA, CA, CMA, ACCA, or equivalent.
- Strong technical accounting and financial reporting expertise, with sound judgment in complex or evolving situations.
- Experience leading accounting operations across multiple legal entities, currencies, and jurisdictions.
- Demonstrated experience managing month-end and year-end close, external audits, financial controls, and statutory reporting.
- Strong understanding of revenue recognition and experience in a subscription, SaaS, technology, or similarly complex revenue environment, including arrangements involving services or implementation components.
- Experience leading and developing geographically distributed finance teams.
- Demonstrated success improving, standardizing, and automating accounting processes and establishing meaningful operational metrics.
- Strong ERP and financial systems experience; experience with NetSuite is highly desirable.
- Experience supporting acquisitions, purchase accounting, or post-acquisition integration is an asset.
- Ability to operate effectively in a fast-paced, evolving organization and move comfortably between strategic leadership and detailed operational issues.
- Strong executive communication skills and the ability to work effectively with leadership, auditors, advisors, and cross-functional teams.
What Success Looks Like
- Trusted financials: Financial information is accurate, complete, well controlled, and relied upon by leadership.
- Predictable close: Month-end, quarter-end, and year-end processes are disciplined, timely, and increasingly automated.
- Strong cash discipline: Billing, collections, payables, cash application, and working-capital processes operate with clear ownership and measurable performance.
- Scalable operations: Accounting processes and systems support a global, multi-entity SaaS organization without unnecessary manual complexity or disproportionate headcount growth.
- Strong governance: Accounting risks, control issues, audit findings, and compliance requirements are identified and addressed proactively.
- Business partnership: The Controller organization combines financial discipline with a pragmatic understanding of the business and enables sound decision-making.
- High-performing team: The global accounting organization has strong leaders, clear accountability, succession depth, and the capabilities required for Power Factors' next stage of growth.
LIFE @ POWER FACTORS
We are an agile software development company – big enough to make an impact, but small enough to move quickly and execute in a growing industry, taking advantage of rapidly evolving technologies. We are a collective of bold and ingenious talents driven by results. Our team is made up of hard-working, fun-loving people who are passionate about making the world a better place. We seek fierce and humble people to help us achieve our ambitious plan.
WHY JOIN US
· A humble cause with a clear purpose– you will help us fight climate change with </code> every day at work. We aim to be environmentally conscious in all aspects of our operations. · Work with passionate experts and top-talents in your field– we are proud of our highly skilled crowd and the savviness each of us brings to the team. · Friendly and uplifting atmosphere– we believe kindness and respectfulness is core for our culture. A friendly smile or a helping hand is never far away. · All the benefits you expect (and more)– besides the basic benefits (adopted to local needs and norms), you will enjoy perks such as 8h of paid volunteering per year and participation in our Corporate Bonus Program (to name a few).
WE ARE AN EQUAL OPPORTUNITY EMPLOYER Power Factors is an Equal Opportunity Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sex
