The Compliance Manager will ensure compliance with the various financing agreements supporting the company’s fast-growing portfolio of operating distributed solar and battery storage projects across the United States. Core responsibilities will include quarterly compliance reporting, tracking and forecasting key covenants and ratios, leading the annual operational audit, and building scalable, efficient processes to increase visibility for senior management. The Compliance Manager will report to the Director of Finance Project Operations and collaborate cross-functionally with other internal stakeholders including Fund Accounting, Legal, and Structured Finance.

 

Key Responsibilities

  • Quarterly Compliance Reporting
    • Collaborate with Fund Accounting and Project Finance to produce and deliver quarterly reports required under the company’s various financing agreements
    • Track key deliverables and their due dates to ensure timely delivery to lenders
    • Understand all covenants and key reportable events within all agreements to promote awareness with management and facilitate notifications and consents
  • Respond to ad-hoc questions regarding quarterly performance and compliance from senior management and capital investors
  • Tracking and Forecasting of key covenants and ratios
    • Collaborate with Fund Accounting to develop a rolling forecast of the Debt Service Coverage Ratio (DSCR), Solar Asset Payment Ratio (SAPR), and Delinquency/Default ratios for each financing, as appropriate
    • Report to Management the forecast of the company’s expected compliance or non-compliance with key covenants and ratios, drivers of non-compliance, and levers to affect improvement of the ratios
  • Identify and mitigate any potential risk of failing compliance requirements
  • Lead annual operational audit(s) and any follow-on audits.
    • Manage the engagement of a 3rd party company (CBIZ) to perform and deliver the required operational audits for the appropriate legal subsidiaries, as required in the financing agreements
    • Coordinate with CBIZ and cross-functionally within the company to deliver required documents and responses to questions/requests

Skills and Qualifications

  • Exceptional communication skills with experience interfacing directly with institutional investors and senior management
  • Motivated self-starter with excellent work ethic
  • Highly organized with ability to manage multiple priorities simultaneously
  • Strong understanding of accounting principles, financial statements, and capital markets
  • Proven proficiency in financial and reporting software applications (required: Excel and PowerPoint; preferred: SalesForce, Adaptive Planning, NetSuite)
  • Ability to work with large datasets and build efficiencies/automation
  • Bachelor’s degree with a major in accounting, finance, economics, or statistics
  • Experience in renewable energy, especially distributed solar and battery storage assets, is preferred

 

Additional Eligibility Requirement DSD will only employ those who are legally authorized to work in the United States for this opening. 

 

Notice to Recruiters & Staffing Agencies Distributed Solar Development has an internal talent acquisition department and designated career site for individuals looking to join our team. Distributed Solar Development will not accept unsolicited resumes from any external recruiters, staffing firms, search agencies or any fee-based referrals. Any unsolicited resumes sent to directly to Distributed Solar Development, in any capacity will be considered property of Distributed Solar Development. This policy is applicable to all Distributed Solar Development locations and will be the responsibility of third parties and vendors to understand this policy. Distributed Solar Development will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

 

DSD Renewables (DSD) is a renewable energy solutions platform enabling a more sustainable future by deploying and operating renewable energy solutions, making solar, storage, and EV charging infrastructure more accessible to commercial, industrial, and municipal partners. With in-house expertise, a broad scope of capabilities, and the proprietary DSD Connect Platform, our team provides resources to industry partners and customers across the US, accelerating the deployment and scale of renewable energy to meet aggressive sustainability and net-zero goals. To learn more, visit DSDRenewables.com and connect with us on LinkedIn, Instagram, and Facebook.

 

Distributed Solar Development is an equal opportunity employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.