Retail Accounting Manager

Gridmatic is a high-growth startup and a new kind of energy company, delivering affordable, clean power by optimizing renewable energy and grid-scale batteries. With offices in the Bay Area and Houston, we bring together Silicon Valley-style innovation with deep, hands-on expertise in real-world power markets and energy retail.

As solar and wind become the fastest-growing sources of electricity, variability from weather and grid conditions makes energy prices more volatile. Gridmatic tackles this challenge with industry-leading forecasting and optimization-and gives our team the opportunity to work on problems that truly matter. Forecasting and trading energy are the foundation of what we do. We ingest large-scale data-weather, prices, load, and grid conditions-to build probabilistic machine learning forecasts that drive real operational decisions. Our work directly determines when power is bought, stored, or deployed, turning uncertainty into value for customers and the grid.

Our impact is measurable. Gridmatic is the most profitable participant in ERCOT's wholesale market and operates the top-performing battery asset in CAISO. Profitable without venture capital, we offer a collaborative, low-ego environment where rigorous thinking, autonomy, and continuous learning are core to how we work.

The Retail Manager will manage Gridmatic's ERP of the Gridmatic Retail entity and take full ownership of all accounting and reporting functions including assisting in preparing the entity's daily/monthly/quarterly/annual financial records. An ideal candidate will be a fast learner, self-sufficient upon training, detail-oriented and proficient in ERP software, vendor management tool(s) and Microsoft office applications and can multi-task in a high growth and fast paced environment.

Essential Functions

• Record and maintain a Gridmatic Retail's daily, monthly, quarterly & annual financial transactions and financial statements using Intuit Enterprise Suite (IES)
• Assist Retail Operations group in recording sales invoice payments and preparing monthly Retail PnL files to incorporate them in preparing consolidated financials
• Reconcile payroll and benefits in Rippling linked to PEO system (paid on 5th and 20th of each month)
• Assist in reconciling AR & AP aging reports and set new processes, as necessary and provide weekly updates to the applicable groups
• Manage at least weekly vendor payments through bill.com of Gridmatic Retail
• Manage broker commissions calculations and payments
• Maintain Retail's cross desk and counterparty trades and agreements including all financial aspects of origination and settlement process
• Manage Retail accounting policies and books and records for year-end audits, tax and regulatory reporting purposes
• Maintain all customers AR and vendor AP adjustments and/or write-offs ensuring proper accounting in monthly/annual reporting
• Reconcile cash to 820 payment details
• Manage Retail payments of monthly/quarterly TDSP and sales tax filings & payments in various state jurisdictions and/or all regulatory related filings & payments
• Assist FP&A Manager with weekly update of cash flow analysis with actual and projected Retail cash flow
• Assist with year-end 1099 filings to Gridmatic Retail vendors
• Assist VP of Finance & Accounting in recording tax liabilities including but not limited to the state and sales tax
• Collaborate with various internal teams in managing vendor payments and Retail customer receipts
• Assist with ad-hoc projects, as applicable

Competency

• Proficient in Microsoft Excel and PowerPoint
• Fast learner of any financial software
• Excellent communication and teamwork skills
• Self-starter with excellent judgment, integrity, reliability and competency
• Strong analytical, and problem-solving skills
• Experience in ERP tools e.g. QBO, NetSuite etc. & Vendor payment tools e.g. Bill.com, RAMP etc.

Required Education and Experience

• Retail energy experience
• Bachelor's in finance, accounting or similar; CPA is a plus but not required
• Minimum of 5-8 years of relevant retail energy accounting experience
• Basic understanding of the GAAP financial statements
• Ability to pay attention to detail
• Ability to multi-task and adjust priorities to meet deadlines, if necessary
• Knowledge of financial reporting standards; tax and industry regulations a plus
• Project management experience is a plus but not required

$120,000 - $165,000 a year

Join our team and make a difference! Click below or email us at [email protected].

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.