Key Capture Energy
Director, Controller
Key Capture Energy, Houston, TX, United States
Job Title: Director, Controller Department: Finance Reports to: Chief Financial Officer Effective Date: June 2024 Location: Houston, TX Travel: ~10%
POSITION PURPOSE:
This is a full-time, exempt position that will be reporting to the Chief Financial Officer. This individual will be a senior level financial leader responsible for overseeing all aspects of accounting, financial reporting, tax compliance, and treasury management for the Company in coordination with its ultimate parent company, SK E&S, a Korean private energy company. The successful candidate will play a critical role in developing and enforcing internal controls to maximize protection of Company assets, policies, procedures, workflows, and ensuring for the accuracy and integrity of financial data. The individual will be responsible for overseeing and supporting the accounting team with dynamic leadership that fosters an environment of collaboration, accountability, and continuous improvement.
KEY RESPONSIBILITIES:
POSITION PURPOSE:
This is a full-time, exempt position that will be reporting to the Chief Financial Officer. This individual will be a senior level financial leader responsible for overseeing all aspects of accounting, financial reporting, tax compliance, and treasury management for the Company in coordination with its ultimate parent company, SK E&S, a Korean private energy company. The successful candidate will play a critical role in developing and enforcing internal controls to maximize protection of Company assets, policies, procedures, workflows, and ensuring for the accuracy and integrity of financial data. The individual will be responsible for overseeing and supporting the accounting team with dynamic leadership that fosters an environment of collaboration, accountability, and continuous improvement.
KEY RESPONSIBILITIES:
- Accounting
- Perform full range of general accounting duties for KCE LLC and its subsidiaries, including management of all daily accounting functions including accounts receivables and payables processing, invoicing, payroll, journal entries, general ledger, reconciliations, and period close processes.
- Preparation of monthly, quarterly, and annual financial statement and reports and accompanying financial statement analysis, ensuring for compliance with US GAAP (and supporting parent company conversion to IFRS).
- Manage the confirmation of financial condition with external auditors through the production of annual audit financial statement reports.
- Ensure compliance of financial reporting and disclosures with official guidelines and requirements and develop/document/review/maintain formal accounting policies, procedures, and memorandums.
- Coordinate with the parent company (primarily the tax & accounting team at SK E&S Americas, Inc. in Houston, TX or New York, NY) on all accounting matters, including financial consolidation, reporting requirements, and K-SOX compliance and program management.
- Support the financial, planning, and analysis group, executive leadership team and parent company in the preparation of budgets, forecasts, and variance analysis.
- Tax Compliance
- Oversee accounting and tax compliance, ensuring adherence to all relevant regulations, reporting requirements, filings, and standards.
- Prepare and file tax schedules, reports, and returns, including, but not limited to, federal, state, and local income taxes, franchise taxes, sales taxes, property taxes, and other regulatory filings.
- Treasury Management
- Establish and maintain internal controls related to treasury activities to safeguard assets, prevent fraud, and ensure compliance with policies and procedures.
- Oversee the cash flow of the organization, ensuring that there is enough cash available to meet financial obligations while optimizing the use of cash resources to maximize returns.
- Maintain sufficient liquidity to cover short-term financial needs and emergencies. This involves monitoring cash balances, forecasting cash flow, and coordinating with executive leadership team and parent company to communicate near-term liquidity requirements.
- Manage relationships with banks and financial institutions, negotiating terms and conditions for banking services, credit facilities, and investment products.
- Collaborate with other departments to support strategic initiatives and business objectives.
- All other tasks and duties as required.
- CPA certification with minimum 8 years’ experience accounting and finance
- A bachelor’s degree in accounting or finance required. A master’s degree is preferred.
- Successful leader and developer of accounting and finance teams and functions at rapidly growing enterprises.
- Strong technical accounting skills and knowledge of GAAP, experience with IFRS is a plus.
- Proficiency in financial reporting and analysis, with the ability to interpret complex financial data and communicate key insights to stakeholders.
- Adeptness with accounting software and ERP systems; proficiency with NetSuite and familiarity with Workday Adaptive Planning and Quick Books preferred.
- Demonstrated ability to lead and develop high-performing teams, with a focus on collaboration, innovation, and continuous improvement.
- Excellent communication and people skills, with the ability to build relationships and influence stakeholders at all levels of the organization.
- Commitment to integrity, professionalism, and ethical conduct in all aspects of the role.
- Strong proficiency in Microsoft Office Suite (including Excel, Word, and PowerPoint)
- Strong time-management skills with the ability to effectively prioritize and manage multiple tasks in a dynamic environment.
- Strong attention to detail required.
- Experience in power generation, renewables, and engineering and construction industries a plus.
- Prolonged periods of sitting at a desk and working at a computer