ACLARA Aclara Assistant Controller Salary in the United States

We have a future to create. So join Aclara, as we harness science and engineering to make a difference. We’re at the intersection of communications, data technology, energy, and national resource engineering.

Our 800 energy and utility customers across the globe ask us to solve complex challenges from making the power grid smarter, to delivering clear water, to empowering their customers to conserve energy. We’re a hardware, software and network engineering company building new solutions to hard problems. We’re big data gurus and in-the-field problem solvers.

Sound like your kind of challenge? Then join us.

We offer competitive benefits such as medical, dental, and vision care, flex spending, 401k, tuition reimbursement, vacation, holiday & personal time, and we are committed to diversity and to our veterans.

Company Background:

Hubbell Utility Solutions (HUS) engages in the design and manufacture of a wide variety of products used by utilities. Today, HUS is also deeply engaged in product solutions for the Utility Communications and Advanced Metering Infrastructure (AMI) space and has been actively growing that segment of the business. HUS roots have historically been in high voltage transmission, distribution, substation, underground products used by electric utilities. HUS products are also used in the civil construction, transportation, gas, and water industries.

HUS has four business units. Hubbell Power Systems (HPS) is our electrical components and infrastructure business. Aclara is our AMI and Meters business and also includes an installation business. Hubbell Gas Connectors and Accessories (HGCA) sells connectors and accessories for the repair, replacement and refurbishment of natural gas systems.  Our fourth business is our Protection and Controls business which is our newest business initiative to drive substation communications, control and protection solutions. HUS provides these solutions in the Electric Utility, Water, Gas and Communications Market.

At HUS, we build products that provide mission critical infrastructure and that deliver communications and power to millions of people worldwide. In our business, failure is not an option. Therefore, we manufacture products of principled integrity and it starts with our quality policy. We hold our partners, our suppliers and ourselves to the highest standard to ensure we exceed all the technical and functional expectations of our customers. Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. It operates in three segments: Electrical, Power, and Industrial Technology.

Position Overview:

This senior-level controllership position is responsible for managing Aclara’s Order Revenue Management (“ORM”), commissions accounting, tax compliance, and revenue compliance functions.  This position is based at the HUS headquarters facility in St. Louis and has primary responsibility to ensure Aclara’s revenue recognition practices comply with Hubbell policies and internal controls, and US GAAP.       

Duties and Responsibilities:

• Manage functional areas of responsibility, specifically the ORM function, commissions, business unit tax compliance, and revenue compliance to ensure activities are executed in a timely and accurate manner and in compliance with internal controls and Corporate policy.
• Partner with the business to understand proposed transactions, diagnose the accounting and reporting, implications in relation to U.S. GAAP as well as implications to the company’s internal control environment, including complex revenue transactions, commission arrangements and tax consequences.
• Work with the accounting and finance team to design effective accounting and reporting processes around revenue-related transactions with an appropriate focus on internal controls.
• Draft technical accounting memos, accounting position papers, and control documentation to support the company’s accounting conclusions and processes.
• Stay current with emerging accounting guidance that may impact the business, proactively assessing the impact and alternatives, and effectively communicating those findings to the company’s leadership team.
• Liaison with the company’s Hubbell Corporate accounting team on technical accounting matters, presenting findings, assessments and alternatives Finance leadership.
• Perform month-end close routines, including journal entries and account reconciliations, in coordination with the BU controllers.
• Assist with monthly margin variance analysis; support the controllers to prepare financial flux analysis in the areas of revenue, commission expense, etc.
• Analyze financial transactions for errors or deficiencies, takes action to resolve / correct disconnects, and implements improvements to prevent recurrences.
• Special projects as assigned.

Skills & Experience:

Required:

• 7-9 years of experience managing Accounting-related activities
• CPA required with Masters in Accounting or MBA preferred
• Big 4 audit experience is preferred
• Strong working knowledge of ASC 606, its principles, and the application of these principles to everyday revenue-related transactions.
• Ability to effectively identify, diagnose, and communicate the impact of complex business transactions to the company’s leadership team are also key elements of this role.
• Familiarity with Sarbanes-Oxley control and compliance requirements
• Able to work hands on within the various departments of the organization and communicate effectively up the chain of command.
• Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment.
• Ability to research and prepare internal memos to support conclusions on technical accounting issues by utilizing Accounting Standard Codification and other technical accounting sources.
• Ability to lead a team of 15-20 people including a number that are remote
• Proven leadership and management skills.
• Proficient in verbal, written communication, and presentation skills.
• Exhibit a confident leadership presence and can effectively modify presentation styles to all levels within an organization.
• Strong analytical and problem-solving skills.
• Highly organized with an ability to work well under tight time constraints and simultaneously manage multiple tasks.