Technical Accounting Senior Manager - ON.energy

ON.energy is building the power infrastructure that makes the AI era possible. As AI demand surges past what the grid and traditional data centers can support, ON.energy provides a new class of power technology proven at gigawatt scale and trusted by the world’s leading cloud and AI companies. Our systems are already deployed across 2.5 GW of hyper-scale campuses, validated by top U.S. national labs, and certified for grid-safe operation by major utilities. With real products in the field, we’re scaling faster than the grid can, transforming power from a bottleneck into a competitive advantage for the companies building the future.

ON.energy is seeking a senior Technical Accounting leader to own ASC 606 accounting and revenue recognition for our renewable energy, energy storage, and software-enabled energy management businesses, and to serve as the company's go-to author for technical accounting memoranda supporting revenue, financing, and other complex U.S. GAAP matters. This role will serve as the subject matter expert for ASC 606, partnering closely with finance, commercial, legal, operations, and project teams to evaluate customer contracts, determine appropriate revenue recognition methodologies, and ensure compliance with U.S. GAAP.

The ideal candidate is a CPA with deep, hands-on ASC 606 experience in complex, contract-heavy environments (EPC, tolling/availability, energy management agreements, storage, SaaS-enabled services), who can independently evaluate performance obligations, variable consideration, and principal-versus-agent questions, and translate that analysis into clear, audit-ready memoranda.

Key Responsibilities

• Serve as the primary accounting resource and subject matter expert for ASC 606 revenue recognition matters across the organization.
• Review and analyze customer contracts to identify performance obligations, transaction prices, variable consideration, contract modifications, significant financing components, and principal-versus-agent considerations.
• Author clear, well-supported technical accounting memoranda documenting conclusions on revenue recognition, leases, financing/debt and equity instruments, derivatives and fair value measurements, consolidation and VIEs, equity method investments, and business combinations.
• Partner with commercial, legal, and operations teams during contract negotiations to assess accounting implications and optimize contract structures.
• Develop and maintain revenue recognition policies, procedures, and internal controls.
• Support monthly, quarterly, and annual revenue close processes, including complex revenue calculations, reconciliations, and reporting.
• Analyze and document accounting treatment for revenue recognition (ASC 606), contract assets and liabilities, multiple-element arrangements, derivatives and fair value measurements, and consolidation and other complex accounting matters.