Accounting Manager, Utilities
THE COMPANY
STACK INFRASTRUCTURE (STACK) provides digital infrastructure to scale the world's most innovative companies. We are an award-winning industry leader in building, owning, and operating highly efficient, cost-effective wholesale, colocation, and cloud data centers. Each of our national facilities meet or exceed the highest industry standards in all operational categories of availability, security, connectivity, and physical resilience.
STACK offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. Data runs on STACK.
THE POSITION
The Accounting Manager, Utilities will be responsible for overseeing actual and forecasted usage, rates and financial impacts with regards to income statement and balance sheet. This role has one direct report and will work closely with operations, energy procurement, IT, FP&A, legal and external vendors to maximize revenue recovery.
KEY RESPONSIBILITIES:
* Monthly Billing and Revenue:
* Timely and accurate utilities and renewable energy credits, and annual true up billings to tenants.
* Develop, utilize, and maintain utility billing system with specific attention to changes in tenants and data centers.
* Monthly Reporting:
* Flux analysis over varying periods of time.
* Assessment and maintaining derivatives fair value impact on hedged products.
* Balance sheet reconciliations for utilities, and renewable energy credits.
* Cost and Forecasting:
* Develop, utilize, and maintain data analytic tools to track and analyze patterns in usage, cost and revenue recovery by tenant and data center for purposes of reporting and projected future state forecast.
* Collaboration and Stakeholder Management:
* Partner with operations, finance, sustainability, legal to deliver best in class products
* Partner on redlining tenant agreements for ensuring maximum revenue recovery
* Develop, implement, and maintain a standard operating procedures document for each operating site.
* Provide feedback to management on opportunities for future state increased revenue recovery.
THE DETAILS
* Location: Denver, CO, In office 3 days per week
* Travel: Less than 10%
* Compensation: $100,000 - $125,000 + Bonus
* Must be eligible to work in the United States
* Must pass comprehensive background screening
MUST-HAVE QUALIFICATIONS
* Education: Bachelor's degree in business administration, Finance, Engineering, or related field (Master's preferred).
* Experience:
* Minimum of 5 years of experience in utility management, revenue management, or a similar role within the data center, facilities management, or energy sector.
* Strong understanding of technical accounting, billing systems, financial modeling, and cost forecasting.
* Technical Skills:
* Proficiency in data analysis and reporting tools (NetSuite, Excel, Power BI, Tableau, etc.).
* Proficiency in reading tenant lease agreements
* Communication Skills:
* Strong written and verbal communication skills, with the ability to present professional technical information to non-technical stakeholders.
* Problem-Solving:
* Ability to identify issues and corrective actions in a fast-paced environment.
WORKING ENVIRONMENT
* Hybrid - 3 days a week in our Denver office with site visits to data center facilities.
* Collaboration with internal teams
* Deadline driven
* Occasional nights and weekends
WHY STACK?
* We offer a competitive compensation package with strong benefits, including medical, dental, and vision insurance, a 401K program, flexible spending accounts - even a cell phone subsidy.
* We foster a culture of appreciation, including STACK Assembly rewards and recognition.
* Fun is part of our DNA, with events, game nights, and barbecues.
* We're growing - this is a great time to join and make an impact!
Req ID: 680
STACK is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.
Note to external agencies: we are not accepting any blind submissions or resumes/cvs from recruitment agencies. Any candidates sent to stack infrastructure will not be accepted or considered as a submission without a signed agreement in place.