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Breakthrough Energy Ventures Portfolio Company Career Opportunities

Senior Accountant - Operations

Electric Hydrogen Co.

Electric Hydrogen Co.

Accounting & Finance, Operations
United States · Remote
Posted on Saturday, May 18, 2024

Electric Hydrogen’s mission is to make molecules to decarbonize our world! Our outstanding people are our most important asset and will allow us to deliver hydrogen from renewable electrolysis for heavy industry, at prices below fossil fuels.

We are looking for a Senior Accountant to join our growing team. You will manage the accounting responsibilities related to fixed assets and inventory, and some general corporate accounting tasks. You will ensure accurate recording of transactions, maintain detailed asset and inventory records, and provide analysis of manufacturing and project costs. You may work in a remote capacity and will report into the Controller.

Role and Responsibilities

  • Fixed Assets
    • Manage the fixed asset register, including acquisitions, disposals, transfers, and revaluations.
    • Calculate and record depreciation expense observing GAAP or other applicable accounting standards.
    • Perform periodic physical inventory counts and reconcile asset records with physical counts.
    • Conduct impairment reviews for fixed assets and prepare necessary accounting entries.
  • Inventory
    • Oversee inventory control procedures and ensure accurate inventory valuation.
    • Manage inventory costing methods and record inventory transactions.
    • Analyze inventory variances and prepare reports for management.
    • Coordinate with operations and purchasing departments on inventory management practices.
    • Calculate labor and overhead absorption using lean accounting methodologies.
    • Ensure accurate project work breakdown structure and compliance with relevant government incentive reporting requirements.
  • General Accounting
    • Prepare monthly, quarterly, and year-end journal entries
    • Reconcile general ledger accounts
    • Assist with the preparation of financial statements
    • Maintain internal controls and ensure compliance with accounting procedures

Qualifications

  • Able to travel up to 25%, or 5% if local to Devens, MA
  • Bachelor's degree in Accounting, Finance, or a related field (CPA)
  • Experience with GAAP
  • 5+ years experience with fixed asset accounting software and accounting systems (e.g., ERP)

#LI-Remote

Compensation and Benefits | P2

Electric Hydrogen has three compensation zones: the San Carlos Zone, the Natick Zone, and the National Zone. All employees are assigned to a compensation zone depending on their work location. Remote employees will be assigned a compensation zone once their work location is determined. This can be discussed with your recruiter.

[San Carlos Zone] Sr. Accountant (P2): $89,000 - $102,000 per year

[Natick Zone] Sr. Accountant (P2): $76,000 - $87,000 per year

[National Zone] Sr. Accountant (P2): $68,000 - $78,000 per year

Actual base salary offered to the hired applicant will be determined based on their work location, level, qualifications, job-related skills, as well as relevant education or training and experience.​

Base salary is just one part of Electric Hydrogen’s total rewards package. We feel strongly that our team should not have to worry about having quality healthcare. In addition to the base salary offered, the hired applicant may receive:​

  • an equity grant​
  • time off programs​
  • a $75/month cell phone allowance​
  • a 4% employer 401(k) match​
  • 100% fully paid premiums for employees and their families: medical, dental, vision, life insurance, short-term & long-term disability coverage​
  • a discretionary bonus​

Electric Hydrogen’s benefits programs are subject to eligibility requirements.

About Electric Hydrogen

Electric Hydrogen is a team of the world's experts in scaling technologies for the post-carbon world, with a proven record in transforming the grid and transportation sectors. Backed by some of the world's top venture capital firms, we design and manufacture electrolytic hydrogen systems matched to renewable power sources to create green hydrogen by splitting water. We are building a cost-effective and transformative path between renewable energy and multiple large industrial sectors. Abundant and low-cost renewable energy sources will power the world, and Electric Hydrogen technology will use this energy to decarbonize industry through sustainable materials. We were founded in 2020 and are based in California and Massachusetts.

Electric Hydrogen is proud to be an equal opportunity employer. We are dedicated to building a diverse, inclusive, and authentic workplace for all to belong. We are aware that people from historically underrepresented groups are less likely to apply if they don't meet 100% of the job requirements. We are actively working on efforts to change this social norm. If you are excited about this role, we encourage you to apply!