Revenue Accounting and Collections

Our mission at Base is to fix the power grid and enable affordable and reliable electricity for all. To do that, we are building America’s Next-Generation Power Company; the first engineering-led, technology-focused, R&D-driven electricity company. We are a team of tenacious engineers, operators, and creatives who have solved hard problems and are here to do it again.

We are seeking a highly motivated and detail-oriented Revenue and Collections Accountant to join our accounting team. This role will be crucial in ensuring the accurate and timely recognition of revenue, managing accounts receivables, and optimizing collection efforts. The ideal candidate will possess a strong understanding of accounting principles, excellent communication skills, and a proactive approach to problem-solving. They must also maintain a “no job to small” mentality, being able to perform other procedures within the general scope of this role. This is a unique opportunity to take ownership of revenue recognition and develop the invoice-to-cash process.

Responsibilities:

Revenue Recognition:

• Ensure accurate and timely recognition of revenue in accordance with ASC 606 and company defined policies.
• Review customer contracts and sales agreements to determine appropriate revenue recognition treatment, including documentation of technical assessment where necessary.
• Prepare and post revenue-related journal entries.
• Reconcile revenue accounts, including contract assets and deferred revenues, and investigate discrepancies.
• Lead revenue based reporting and analysis, including tracking key performance indicators (KPIs) in line with business objectives.

Accounts Receivable Management & Collections:

• Manage the full accounts receivable cycle, from invoicing to cash application, including heavy partnerships with the Sales and Software teams.
• Generate and distribute customer invoices accurately and promptly through both systematic design and manual intervention when applicable.
• Maintain accurate customer master data and billing information.
• Process and apply customer payments, ensuring proper coding and reconciliation, directly interfacing with customers, sometimes daily
• Monitor aging reports and prioritize collection efforts for delinquent accounts.
• Escalate complex collection issues to management as needed.
• Prepare and analyze bad debt reserves.

Reconciliation & Reporting:

• Perform regular reconciliations of accounts receivable, unbilled receivables, deferred revenues, and other related general ledger accounts.
• Prepare various AR and collections reports for management, including aging analysis, collection forecasts, and key performance indicators (KPIs).
• Assist with month-end and year-end close processes.

Process Improvement & Compliance:

• Identify and implement process improvements to enhance efficiency and accuracy in revenue and collections.
• Ensure compliance with internal controls and external audit requirements.
• Drive period-end close incentives, including detailed documentation of procedures and timeline acceleration.
• Assist with audit requests related to revenue and accounts receivable.

Required Skills / Qualifications: 

• Bachelor’s degree in business, accounting, finance, or a related field.
• Certified Public Accountant (CPA) preferred.
• 3+ years of experience in accounting, demonstrating advanced knowledge of accounting principles under US GAAP.
• Mix of public and private accounting experience preferred, bonus if in the renewable energy space or high volume businesses.
• Proficiency in accounting softwares preferred (Quickbooks, Ramp, Odoo).
• Experience working with multi-entity operations.
• Experience or desire to operate in a high-growth environment.

If you’re passionate about tackling one of the most critical challenges of our time, now is the time to join us. Together, we can usher in a new era of American energy abundance by developing the hardware, software, and deployment operations that make it possible.

Our Values:

We’re building a winning culture, and we’re looking for people who are up for the challenge. These are the values we expect you to embrace from day one:

• In-Person Work: We work full-time in the office. There is no hybrid or remote work.
• Challenge Assumptions: We’re not here to do things the way they’ve always been done. We look for people who question the status quo and improve broken systems. We are guided by principles, not rules.
• Operate with Urgency: Speed matters. We focus on what’s essential, make fast progress, and iterate quickly. Execution drives learning, and learning drives impact. Always have a bias for action.
• Give & Seek Feedback: We value intellectual honesty. We expect you to challenge ideas (even your own), give direct feedback, and receive it with humility.
• Deliver: We are high achievers with a drive to win. We take end-to-end accountability for seeing our work through and delivering on our responsibilities.
• Think Like an Owner: We are all owners of the business. We use our time and resources wisely and take personal responsibility for our impact on the bottom line.
• Be Opinionated: Great people make decisions with imperfect information. Eliminate murky ownership and drive towards decisions.
• Bring the Intensity: This is not a 9-to-5 job. We are building something hard, and that requires real commitment.