Manager, Revenue & Financial Compliance

NOTE: This position is based full-time in our Houston, TX office located in the Galleria Office Tower 1 at 2700 Post Oak Blvd.

POSITION SUMMARY: The Manager, Revenue & Financial Compliance reports to the Director, Controller. Responsibilities include, but are not limited to, managing the following for all of NuScale's revenue and cost share generating contracts (governmental and commercial): financial compliance, invoicing, financial reporting, revenue and receivable-related monthly reconciliations, and month-end journal entries.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Responsible for ensuring NuScale's financial compliance with contractual and regulatory requirements

Manage and ensure timely submission of Incurred Cost Submission (ICS), Certified Statements of Expenditures (CSE), Schedule of Expenditures for Federal Awards (SEFA), SF-425s, success fee reports, and completion of all related audits

Manage all customer billing; ensuring timely and contractually compliant invoice submissions

Review and reconcile required supporting documentation for all billing, including DOE, to ensure compliance with associated contractual and regulatory requirements

Manage, and prepare if needed, all monthly revenue recognition and cost share related journal entries by working closely with Technical Accounting to ensure appropriate revenue recognition under ASC 606 and cost share recognition.

Responsible for reviewing appropriate setup of accounting-related project details in NuScale's ERP, which ensures that allocations, revenue recognition, and billing can be performed timely and accurately

Oversee execution of detailed monthly reconciliations of revenue, deferred revenue, work-in-process, and cost share at the project level

Responsible for ensuring that processes and procedures for assigned areas of responsibility are properly documented, with special attention to government accounting with relevant Government Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), Uniform Guidance for Federal Awards and the company's Sarbanes Oxley (SOX) requirements.

Manage direct reports; coach and develop these roles by providing clear objectives, timely performance feedback, and career development opportunities

Dedication to continuously improving accounting processes and documentation, and leading process improvement initiatives

Support the Controller in financial statement and internal audits

Perform other duties as assigned

CORE COMPETENCIES: To perform the job successfully, the individual should demonstrate competencies in performing the essential functions of this position by performing satisfactorily in each of these competencies.

• Business Acumen: A strategic thinker with good business perspective and an understanding of the company's business. Able to function comfortably in political interactions. Capable of developing strong interpersonal networks within the organization.
• Problem solving: Decisive with good judgment. Identifies and resolves problems in an efficient and effective manner. Gathers and reviews information appropriately. Uses own judgment and acts independently; seeks input from other team members as appropriate for complex or sensitive situations.
• Oral/written communication: Strong communication skills, externally and internally. Listens carefully and speaks clearly and professionally in all situations. Edits work for accuracy and clarity, is able to create, read and interpret complex written information.
• Planning/organizing: Capable leader; able to establish a vision and align an organization around the vision. Prioritizes and plans work activities, organizes personal and project timelines and deadlines, tracks project timelines and deadlines, and uses time efficiently.
• Integrity: Is trusted by peers and subordinates.
• Adaptability: Adapts to changes in the work environment, manages competing demands and is able to deal with frequent interruptions, changes, delays, or unexpected events.
• Dependability: Consistently on time and at work, responds to management expectations.
• Team Building: Capable of developing strong interpersonal networks and trust within the organization, setting expectations and requirements and achieving accountability of supervised personnel. Leads consensus by involving all stakeholders, facilitating their understanding of differences, agreeing on requirements and constraints, and developing the best solution.
• Safety Culture: Adheres to the NuScale Safety culture and is expected to model safe behavior and influence peers to meet high standards.
• Quality Assurance: Commits to the understanding and implementation of quality assurance regulations, standards and guidelines of 10 CFR 50 Appendix B, 10 CFR 21, and NQA-1.

MINIMUM SKILLS, QUALIFICATIONS AND ABILITIES:

• Education: A minimum of a Bachelor's degree in Accounting or a related business field is required. An advanced degree and/or Certified Public Accountant (or similar) designation is preferred.
• Experience: A minimum of eight years of full-time accounting experience, with at least three years of supervisory/managerial experience, is required. Must possess advanced Microsoft Excel skills with a high level of accuracy, attention to detail, and organization. Must have strong written and verbal communication skills with a proven ability to work successfully on cross-functional teams, as well as independently with minimal daily direction from manager to accomplish objectives. Additional required or preferred skills are as follows:
  • Expertise in regulations related to government contracts and experience with related reporting
  • Significant knowledge of US GAAP and SOX
  • Demonstrated proficiency of accounting/auditing in a SOX 404(b) environment
  • Proven ability to analyze operational results
  • Demonstrated proficiency identifying and driving process improvement initiatives
  • ERP system experience in a SOX environment
  • Able to work cooperatively and collaboratively with all levels of employees and external stakeholders
• Industry Requirements: Eligible to work under Department of Energy 10 CFR Part 810.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to understand and communicate clearly using a phone, personal interaction, and computers.
• Ability to learn new job functions and comprehend and understand new concepts quickly and apply them accurately in a rapidly evolving environment.
• The employee frequently is required; to sit and stand; walk; bend, use hands to operate office equipment; and reach with hands and arms.
• Ability to travel nationally and internationally using common forms of transportation.

Disclaimer: Employee(s) must perform the essential duties and responsibilities with or without reasonable accommodation efficiently and accurately without causing significant safety threat to self or others. The above statements are intended to describe the general nature and level of work being performed by employee(s) assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and/or skills required of all employees in this classification.

NuScale Power, LLC is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sex, marital status, national origin, disability or handicap, or veteran status.Pay and Benefits:

The target pay range for this position is $124,531 - $150,138 annually. The full pay range is $111,531 - $174,446.

At NuScale, compensation decisions are determined using factors such as relevant job-related skills, full-time working experience, education and training, equity within the department.

For information on employee benefits, please visit our Careers Overview page: Employee Benefits NuScale Power