Director, Corporate Accounting

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Be Part of Our Story.

 · Are you seeking an  opportunity to lead leaders and a team of energetic and committed professionals in a dynamic and challenging environment?

· Do you value continuous learning and opportunities for growth?

· Are you a CPA with expertise in U.S. GAAP?

If you answered "Yes" to any of these questions, please read on. We want to know of your interest. If you apply, you are not just a number, you are a possible team member! Our culture is at the heart of our success, and we are looking for talented individuals for the position of Director of Corporate Accounting to bring their skills and experience to the table while enriching our already strong culture.  

What you will do

·         Oversee the completion of monthly general ledger closings, multi-company consolidations, and the preparation of monthly and quarterly reports ensuring timeliness and compliance with GAAP.

·         Analyze and improve processes to enhance efficiency and maintain internal controls, including journal entry processing, account reconciliations, and variance and other analysis required to support the business.

·         Formulate and implement accounting policies and procedures, staying current with new accounting developments and pronouncements.

·         Conduct financial accounting research for monthly journal entries, financial statement preparation, and special accounting and financial reporting projects.

·         Supervise and assign responsibilities to staff, enhancing their professional development and providing on-the-job training on technical issues.

·         Direct the completion of responses to regulatory data requests (e.g., FERC and ACC) assigned to the area.

·         Manage the energy settlement process, including the reconciliation of energy transactions, ensuring accuracy and compliance with regulatory requirements.

·         Evaluate and implement accounting systems and tools to streamline processes and improve efficiency

What you bring 

·         Bachelor's degree in accounting, including a minimum of 24 semester hours in accounting, from an accredited college or university.

·         A minimum of 10 years of relevant experience in accounting including experience managing and developing leaders and large transaction-oriented accounting teams 

·         Thorough knowledge of GAAP with advanced accounting expertise; must be conversant with accounting pronouncements and technical literature.

·         Thorough understanding of multi-company consolidations.

If this sounds like the opportunity for you, apply now!

Please see  more detailed job description below:

Position Description

The Director of Corporate Accounting is responsible for overseeing the financial accounting general ledger closing and consolidation process and energy settlements process. This includes managing monthly general ledger closings, including multi-company consolidations, preparation of monthly internal financial reports and overseeing the energy settlement process.

Position-Related Responsibilities

• Oversee the completion of monthly general ledger closings, multi-company consolidations, and the preparation of monthly and quarterly reports ensuring timeliness and compliance with GAAP. 
• Analyze and improve processes to enhance efficiency and maintain internal controls, including journal entry processing, account reconciliations, and variance and other analysis required to support the business.
• Formulate and implement accounting policies and procedures, staying current with new accounting developments and pronouncements.
• Conduct financial accounting research for monthly journal entries, financial statement preparation, and special accounting and financial reporting projects.
• Supervise and assign responsibilities to staff, enhancing their professional development and providing on-the-job training on technical issues.
• Direct the completion of responses to regulatory data requests (e.g., FERC and ACC) assigned to the area.
• Manage the energy settlement process, including the reconciliation of energy transactions, ensuring accuracy and compliance with regulatory requirements.
• Evaluate and implement accounting systems and tools to streamline processes and improve efficiency

      Management Responsibilities

• Ensure the consistent practice of the Company's management principles, policies, and programs.
• Assume fiduciary responsibility for operating the business and provide recommendations on cost improvement measures.
• Administer the Performance Management program uniformly and effectively.
• Manage personnel functions, including recruiting, reviewing and approving job descriptions and salary classifications, and selecting and placing personnel. Participate in hiring, termination, promotion, assignment, and direction of staff. Ensure compliance with all applicable local, state, and federal laws, regulations, and standards, company policies, practices, and ethical obligations to investigate, evaluate, and recommend appropriate resolutions to employee complaints.
• Promote and participate in the professional development, personal growth, and career planning of staff. Motivate, recognize, reward, coach, counsel, and train employees, providing feedback during performance reviews. Participate in Leadership Development programs.
• Address disciplinary and/or performance issues according to company policy and communicate effectively with employees regarding corrective actions. Contribute to the adjustment of grievances and administration of discipline.
• Plan day-to-day operations, estimate personnel needs, schedule and assign work. Evaluate the structure and team plan for continual improvement of the group's efficiency and effectiveness

          Knowledge, Skills & Abilities
          (Equivalent combination of education and experience will be considered.)

• Bachelor's degree in accounting, including a minimum of 24 semester hours in accounting, from an accredited college or university.
• A minimum of 10 years of relevant experience in accounting.
• Preferably a CPA with "Big 4" audit manager background and electric utility experience.
• Personnel management experience, particularly leading a large transaction-oriented team.
• Thorough knowledge of GAAP and FERC with advanced accounting expertise; must be conversant with accounting pronouncements and technical literature.
• Ability to determine the accounting ramifications of transactions. The Company's accounting is more complex than most companies with comparable revenue amounts.
• Thorough understanding of multi-company consolidations.
• Excellent verbal and written communication skills, with the ability to communicate with all personnel levels within the organization, including senior management.
• Knowledge of internal controls, with the ability to evaluate and implement changes to maintain proper internal controls and enhance efficiency.
• Ability to effectively supervise multiple projects to successful completion.
• Strong analytical, time management, organizational and effective decision-making skills.