--- title: 'Accounting Manager/Senior Accounting Manager at Heron Power' canonical: 'https://feeny.ai/job/accounting-manager-senior-accounting-manager-heron-power-scotts-valley-fnvtfa8188q9' type: 'job' last_seen: '2026-09-12' --- # Accounting Manager/Senior Accounting Manager at Heron Power - **Company:** Heron Power - **Location:** Scotts Valley, CA - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-09-11 - **Last confirmed live:** 2026-09-12 - **Apply:** https://jobs.ashbyhq.com/heron-power/064d12ca-cc33-44bc-8b53-2a709db0b95e ## Job description What to Expect Heron Power is a startup company building cutting-edge power electronics for the 21st-century grid. We aim to debottleneck the growth of electricity generation and consumption with scalable, innovative, and less costly hardware solutions, accelerating the electrification of everything. Our first focus goal is to build better converters (inverters & rectifiers) to connect large-scale renewables, storage, and loads to the grid. Heron Power’s leadership team is made up of seasoned veterans who have designed and shipped gigawatts of power conversion products over the past decade. We understand that no one individual knows everything. We will all learn a lot together and from each other. We strive to build a collaborative, enriching environment conducive to personal, technical, and career growth. You can expect to work in a dynamic and collaborative environment, driven by first principles engineering, solving difficult problems. Job Overview We are seeking an Accounting Manager to help build and scale the accounting function at a high-growth, mission-driven technology and manufacturing company. Reporting to the Controller, this role will play a critical role in ensuring accurate, timely, and GAAP-compliant financial reporting while supporting the monthly, quarterly, and annual close processes. The Accounting Manager will own and support key accounting operations, including accounts payable, accruals, payroll, accounts receivable, revenue, fixed assets, inventory, and general ledger activities. This individual will help build scalable processes, systems, controls, and automation to support a growing manufacturing environment. The role will partner closely across the business to provide accounting guidance on capital expenditures, operating expenses, inventory, and manufacturing activities while improving reporting accuracy and close efficiency. ## How You Will Contribute Accounts Payable - Partner with business stakeholders to review purchase order coding, account classifications, and departmental assignments for accuracy and completeness. - Oversee vendor invoice processing, approvals, and payment readiness while helping maintain clean, well-documented AP records. Accruals - Establish and maintain monthly accrual processes to ensure expenses are recorded in the appropriate period. - Identify received-not-invoiced goods and services and develop support for recurring and one-time accruals. Payroll - Review payroll changes, benefit deductions, 401(k) contributions, and other recurring inputs to support accurate payroll processing. Prepare journal entries and reconciliation. Accounts Receivable / Revenue - Support accounts receivable activities, including customer invoicing, cash application, and collection follow-up as needed. - Reconcile AR and revenue accounts and help resolve billing, payment, and accounting discrepancies in partnership with cross-functional teams. Fixed Assets - Apply and maintain the company’s fixed asset capitalization policy. - Track construction-in-progress activity, coordinate with stakeholders on project status, and ensure timely capitalization when assets are placed in service. - Maintain depreciation methods, useful lives, and fixed asset reconciliations. General Ledger - Maintain chart of accounts, departments, and other reporting dimensions to support accurate financial reporting and business analysis. - Execute monthly, quarterly, and annual close activities, including journal entries, account reconciliations, and variance analysis. Systems - Leverage finance systems and automation tools to enhance close efficiency, strengthen data quality, and improve the accuracy and reliability of financial reporting processes. ## What You Will Bring We keep our must-have requirements focused. We value strong accounting fundamentals, hands-on ownership, sound judgment, and the initiative to build scalable processes in a fast-moving environment. Domain-specific experience will help determine the appropriate career level for each hire. Must-Have Requirements - Bachelor’s degree in accounting, finance, or a related field; - 7+ years of progressive accounting experience, including manager-level ownership in a high-growth or fast-changing environment. - Strong U.S. GAAP understanding, with the ability to apply accounting principles thoughtfully to everyday accounting related operations. - Proven ability to design, document, and improve accounting processes and internal controls as transaction volume and business complexity increase. - Strong systems orientation, including experience with ERP systems such as NetSuite & Microsoft Dynamics 365. - Strong communication and cross-functional collaboration skills, with the ability to build effective relationships across the organization and with external partners. Nice-to-Haves - Prior experience as the first or early accounting hire at a Series A–C company - Experience supporting a manufacturing, hardware, or inventory-intensive business, including exposure to fixed assets, capitalization policies, and operational accounting workflows. If you are passionate about technology and enjoy working in a fast-paced environment, we would love to hear from you. Join us in accelerating the electrification of everything at Heron Power. Heron Power provides competitive compensation (salary and equity) and benefits. The salary for this role ranges from $150,000 to $175,000 per year. ## About Heron Power ## Company Overview - **One-liner**: Heron Power develops next-generation medium-voltage power electronics, including solid-state transformers, to modernize the electrical grid for AI data centers, renewable energy, and surging electricity demand. - **Entity Type**: Private (Series B) - **Headquarters**: Scotts Valley, California, United States - **Founded**: 2024 - **Founders**: Drew Baglino ## Core Business - **Primary industry/industries**: Electric Power Transmission, Control, and Distribution; Industrial Power Electronics; Energy Infrastructure - **Target customers**: B2B — hyperscale data center operators, solar and storage developers, utility-scale energy project developers, and the broader electricity sector. - **Mission or purpose statement**: To build power electronics purpose-built for the 21st-century grid, helping the electricity sector grow faster and more affordably with scalable, reliable, and software-integrated infrastructure. ## Products & Services - **Heron Link for Data Centers**: An integrated solid-state transformer + SuperBBU (battery backup unit) solution purpose-built for AI and hyperscale power needs, enabling more efficient, scalable, and reliable power delivery. - **Heron Link for Solar & Storage**: An integrated solid-state transformer and inverter in one infinitely scalable platform, designed to streamline the connection of renewable generation and battery storage to the grid. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed. - **Key Metric**: Total Funding of **$178 million** across two rounds (Series A: $38M led by Capricorn Investment Group in June 2025; Series B: $140M led by Breakthrough Energy Ventures and Andreessen Horowitz in February 2026). - **Notable Investors/Partners**: - **Investors**: Breakthrough Energy Ventures, Andreessen Horowitz (American Dynamism Fund), Capricorn Investment Group, Gigascale Capital, Valor Equity Partners, Energy Impact Partners, Powerhouse. - **Advisors**: JB Straubel (Tesla Co-Founder), Zach Kirkhorn (Former Tesla CFO). - **Strategic Partner**: LG Energy Solution Vertech (collaboration to integrate Heron Link with U.S.-manufactured battery energy storage systems). - **Growth Signals**: - Headcount has grown **975% year-over-year** to 72 employees, with 58 active job postings. - Awarded **$26.375 million** in tax credit incentives from the state of California to build a 40-gigawatt manufacturing facility and create 600+ advanced manufacturing jobs. - Rapidly scaling from engineering prototypes to early customer deployments with major industry partners. ## Competitive Advantages - **Deep technical moat**: Heron’s core technology is an integrated solid-state transformer (SST) — a fundamental re-architecture of medium-voltage power electronics that is more scalable, software-integrated, and efficient than traditional copper-and-iron transformers. - **Founder pedigree**: CEO Drew Baglino was a 18-year veteran and SVP of Powertrain and Energy at Tesla, where he led development of the 4680 battery cell, Megapack, and built multi-billion-dollar energy and charging businesses. - **Strategic backing**: Backed by a world-class syndicate of climate-tech and deep-tech investors (Breakthrough Energy, a16z, Valor) and advised by Tesla co-founder JB Straubel and former Tesla CFO Zach Kirkhorn. - **Manufacturing-first approach**: Already planning a 40 GW U.S. manufacturing facility with state incentives secured, signaling a focus on high-volume, cost-competitive production from the start. ## Strategic Focus - **Scale manufacturing**: Building out a large-scale U.S. factory to meet demand from AI data centers and renewable energy projects. - **Commercial deployment**: Moving from engineering prototypes to delivering integrated solutions with strategic partners like LG Energy Solution Vertech. - **Debottleneck the grid**: Targeting the critical infrastructure bottleneck where traditional transformers and grid equipment cannot keep pace with surging electricity demand from AI, electrification, and renewables. ## Why Work Here - **High-impact mission**: Work on foundational hardware that directly enables the energy transition and AI infrastructure — systems that will be deployed and operated for decades. - **Engineering culture**: Values rapid iteration ("build, test, learn"), first-principles reasoning, and cross-functional collaboration across hardware, software, manufacturing, and operations. - **Ownership and autonomy**: Strong emphasis on taking accountability for outcomes, not just tasks, and working across team boundaries to deliver an impeccable product. - **Transparent and direct**: Culture prizes clear communication, honest feedback, and progress over posturing — "no defensiveness, no ego." - **Location and flexibility**: Based in Scotts Valley, California (near Santa Cruz/Silicon Valley), with a presence in Canada. The work is highly hands-on (hardware, lab, factory), so on-site presence is expected for engineering roles. - **Growth trajectory**: Explosive headcount growth (975% YoY) and 58 open roles across electrical, mechanical, manufacturing, software, and supply chain disciplines — offering significant career acceleration for early hires. - **Notable perks**: Opportunity to work alongside a team with deep expertise from Tesla, Meta, and KKR, with direct mentorship from a proven founder. ## Sources 1. [heronpower.com](https://heronpower.com/) 2. [heronpower.com/about](https://heronpower.com/about) 3. [heronpower.com/careers](https://heronpower.com/careers) 4. [linkedin.com/company/heron-power-electronics](https://www.linkedin.com/company/heron-power-electronics) 5. [jobs.ashbyhq.com/heron-power](https://jobs.ashbyhq.com/heron-power) ## Other roles at Heron Power - [Staff Industrial Designer](https://feeny.ai/job/staff-industrial-designer-heron-power-scotts-valley-fpx59mmenp7f) — Scotts Valley, CA - [Staff Supplier Industrialization Engineer - Mechanical](https://feeny.ai/job/staff-supplier-industrialization-engineer-mechanical-heron-power-scotts-valley-957jykeqt1bf) — Scotts Valley, CA - [Staff Supplier Industrialization Engineer - PCBA](https://feeny.ai/job/staff-supplier-industrialization-engineer-pcba-heron-power-scotts-valley-eva12vmsvtfh) — Scotts Valley, CA - [Head of People Operations](https://feeny.ai/job/head-of-people-operations-heron-power-scotts-valley-w6j1waf56azk) — Scotts Valley, CA - [Hardware Validation Systems Developer](https://feeny.ai/job/hardware-validation-systems-developer-heron-power-scotts-valley-rt7hhp0tqay6) — Scotts Valley, CA - [Test Engineer – Power Electronics](https://feeny.ai/job/test-engineer-power-electronics-heron-power-scotts-valley-68sp21xs5b1x) — Scotts Valley, CA - [Electrical / Electronics Design Engineer - PCBA Test Automation](https://feeny.ai/job/electrical-electronics-design-engineer-pcba-test-automation-heron-power-scotts-97hcjwyaz5kk) — Scotts Valley, CA - [Systems Integration Engineer, SST & BESS Applications](https://feeny.ai/job/systems-integration-engineer-sst-bess-applications-heron-power-scotts-valley-vgbkn6jhna14) — Scotts Valley, CA - [Senior Product Test Engineer, Energy Storage Applications](https://feeny.ai/job/senior-product-test-engineer-energy-storage-applications-heron-power-scotts-jpvdhkdth144) — Scotts Valley, CA - [Senior Hardware Applications Engineer](https://feeny.ai/job/senior-hardware-applications-engineer-heron-power-scotts-valley-j87zqh31qfc9) — Scotts Valley, CA