Position

General Ledger Accountant/Analyst

Work Location

Houston, TX 77027



About Solugen

At Solugen, we believe planet-scale change starts with the chemistry we use every day. So, we’ve built the world’s first carbon negative molecule factory. Fusing biology with chemistry and technology to make the materials we need to sustain life on Earth. Solugen, Inc. is a revolutionary product and technology company seeking to use biology to transform the chemicals industry. Solugen was founded in 2016 and is a post-Series D venture-backed biotechnology company supported by renowned venture capital firms including Founders Fund, FiftyYears, Refactor, Y Combinator, Temasek, GIC, and Baillie-Gifford. Located in Houston, Texas, Solugen has recently started-up a first-of-its-kind carbon-negative manufacturing facility-The BioforgeTM-that uses a novel chemoenzymatic technology to manufacture bio-based chemistries for a wide range of applications including water treatment, agriculture, personal care, and other applications. Solugen currently has 175+ full time employees.

Key Outcomes

  • Assist the Director of Accounting with period end close activities as defined by the recurring close schedule and as assigned by the Director of Accounting
  • Assist with accounting for cash – including movements of cash within our accounts, monthly reconciliations, and monitoring accounts for unusual activity
  • Check cash balances weekly and work with the Financial Planning & Analysis team on projections of cash flows – incoming cash projections, outgoing cash projections and if any accounts used by the company will need to be replenished
  • Maintain clear and easily accessible support materials for cash management, including monthly statements, reconciliations in Blackline and any reporting of activity for management purposes
  • Assist with recording investment activities of the company in our Morgan Stanley accounts, including the split of activities for the cash account and the investment account separately. Further, maintain and reconcile the different categories of cash and cash equivalents on the company’s balance sheet. Consult with Financial Reporting team as necessary to be aligned on outcomes
  • Assist with fixed asset accounting, including reviewing all coding for purchase orders or contracts that will generate fixed assets, work closely with project specific support staff
  • Manage the fixed asset accounting process within NetSuite, clearing assets into service monthly, writing off assets as they are either retired or replaced, confirming depreciation details on individual asset classes, maintaining detailed reconciliation of the fixed asset subledger to the general ledger
  • Assist Engineering and other teams with capital projects on understanding the project’s financial position – approved amounts, committed amounts, paid amounts. Test frequently that there are not significant changes to the project and that the accounting treatment of the activities is accurate.
  • Document any usual situations in fixed assets and get agreement from the Financial Reporting team on accounting treatment
  • Assist with reconciliation of non-cash balance sheet accounts as assigned using Blackline
  • Assist with accounting for sales/use, property and other taxes, including preparing filings for review by management
  • Consult and assist the leaders of Accounts Payable and Accounts Receivable with projects of common interest
  • Cross train with other members of the finance team to provide backfill potential during vacations, holidays, sick time, etc.
  • Any other duties or activities as assigned by management

Key Competencies

  • Advanced skills with Excel – formulas, features and design
  • Account analysis skills – be able to dive into account details and sort out issues, errors, omissions, and other situations while being able to describe the same to stakeholders
  • Awareness of time and schedules – deadlines in the period end close and later reconciliation processes must be strictly met
  • Build strong relationships within and outside of finance – leverage those to get outcomes that are win/win for the company
  • Be mindful of how finance is perceived by others and work to be seen as a partner willing to both receive help but also willing to give help
  • Strong writing and speaking skills – be able to describe issues, solutions and next steps concisely to a variety of audiences
  • Be willing to help others on the team when needed
  • Demonstrate that management can trust you to work remotely when authorized
  • Maintain clear professional standards in person, in writing and other forms of communication – pick up the phone or visit offices in person as a first method to resolve conflicts or misunderstandings

Requirements

  • Bachelor’s degree in Accounting from a four year university
  • Seven to ten years’ experience in a professional setting, less if candidate has a Master’s Degree
  • Experience with NetSuite or other similar medium to large size ERP
  • Reliable personal transportation