Energy Accounting Manager at Meta | Austin, TX, US | Rezi

Energy Accounting Manager at Meta

Energy Accounting Manager

Meta · Austin, TX, US

1 weeks ago

Energy Accounting Manager

Meta · Austin, TX, US

12 days ago
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About the Role

Meta is seeking an accountant to support energy accounting for Meta's infrastructure, a significant area of capital investment. This role involves managing day-to-day energy accounting operations and collaborating with energy and infrastructure business teams. The ideal candidate will take ownership, proactively identify and resolve issues, and apply sound business judgment. Strong business acumen, accounting expertise, and excellent communication skills are essential for effective collaboration between business partners and the finance organization.

Responsibilities

  • Prepare and post monthly utilities and energy accruals, and support the review of accruals completeness with the business.
  • Prepare quarterly energy and renewable commitments reporting, including supporting schedules and documentation.
  • Monitor prepaid energy and water balances, including amortization, and prepare supporting reconciliations and rollforwards.
  • Perform monthly energy general ledger review, including reclassifications and cleanup, and resolve variances with the business and the outsourced accounting team.
  • Prepare fixed asset creation requests for energy capital wires, and review energy cash transactions for accurate and timely recording.
  • Monitor energy lease commencement and support lease accounting conclusions in partnership with senior team members and Technical Accounting.
  • Serve as a day-to-day accounting point of contact for the Energy, Supply Chain Operations, and Engineering teams, escalating new and non-standard arrangements to team leads for review.
  • Support contract review documentation for new energy arrangements, preparing the initial accounting write-up for review.
  • Serve as a preparer for Sarbanes-Oxley controls over energy accounting processes, and provide support for internal and external audits.
  • Drive process improvements and automation, including leveraging AI tooling, to enhance the efficiency, accuracy, and scalability of financial reporting.
  • Carry out month-end and quarter-end close activities, including preparation of journal entries, reconciliations, and analytical reviews, to ensure an accurate and timely monthly, quarterly, and year-end close.

Requirements

  • Bachelor's degree in accounting, finance, or related fields
  • 6+ years of progressive accounting experience
  • Experience owning recurring close deliverables, including accruals, prepaids, commitments, and account reconciliations
  • Technical and operational knowledge of US GAAP, including experience in energy accounting transactions (e.g., ASC 842, ASC 360, and ASC 815)
  • Knowledge and experience with internal controls, including Sarbanes-Oxley (SOX)
  • Business partnership experience, and the ability to explain accounting outcomes to non-accounting partners
  • Skilled in comprehending end-to-end systems that impact accounting and financial reporting processes
  • Experience with Microsoft & Google tools (e.g., Excel, PowerPoint, Google Docs)
  • Experience in executing and delivering high-quality work in a dynamic, fast-paced, and deadline-driven environment
  • Analytical and problem-solving experience, including the ability to identify root causes, evaluate tradeoffs, and recommend solutions in situations with incomplete information
  • Demonstrated agility in taking on new areas of responsibility and ramping up quickly as priorities shift

Skills

  • Energy accounting
  • US GAAP
  • ASC 842
  • ASC 360
  • ASC 815
  • Sarbanes-Oxley (SOX)
  • Microsoft Excel
  • Microsoft PowerPoint
  • Google Docs
  • Analytical skills
  • Problem-solving skills
  • AI tooling
  • Lease accounting
  • Derivative accounting

Location

  • Remote

Work Type

  • Full-time

Experience Level

  • 6+ years

Education Level

  • Bachelor's degree

Salary/Compensations

  • $114,000/year to $167,000/year

Benefits

  • Bonus
  • Equity

About the Company

  • Meta is a company focused on infrastructure and capital investment.