Director of Accounting
Chesapeake Utilities Corporation · West Palm Beach, FL · 2 wk ago
FinanceFull-time
About the role
The Director of Accounting is responsible for leading all accounting activities for the Company’s utility operations, including Florida-based regulated entities. This role ensures accurate financial reporting, strong internal controls, and compliance with U.S. GAAP, FERC Uniform System of Accounts, and applicable state regulatory requirements.
Responsibilities
- Regulated Accounting & Financial Reporting
- Lead monthly, quarterly, and annual accounting close processes for southern regulated utility entities.
- Ensure accurate accounting for utility plant, depreciation, asset retirement obligations, regulatory assets and liabilities, and cost of service activities.
- Oversee compliance with FERC accounting, state commission requirements, and U.S. GAAP, including maintenance of appropriate documentation and workpapers.
- Support preparation of regulatory financial schedules, data requests, and testimony support for rate cases and other regulatory filings.
- Regulatory & Rate Case Support
- Partner closely with Regulatory Affairs to support rate cases, including cost of service, plant-in-service support, and regulatory accounting positions.
- Ensure consistency between regulatory reporting, financial statements, and underlying accounting records.
- Provide accounting input on regulatory strategy, new programs, and infrastructure investment recovery mechanisms.
- Led, coached, and developed a team of regulated accounting managers and staff.
- Establish clear performance expectations, support succession planning, and build bench strength within the regulated accounting function.
- Promote a strong control mindset, accountability, and continuous improvement culture.
- Internal Controls & Audit
- Maintain effective internal controls over financial reporting in compliance with SOX and company policies.
- Serve as a primary accounting contact, for internal and external auditors for regulated entities.
- Proactively identify and remediate control gaps and process inefficiencies.
- Transformation & Systems
- Actively support the Company’s ERP implementation and finance transformation, including design, testing, and deployment of regulated accounting processes.
- Drive standardization and automation of accounting processes across southern regulated operations.
- Ensure regulatory and accounting requirements are appropriately embedded in future-state systems and processes.
- Cross-Functional Partnership
- Partner with Operations, Engineering, Regulatory, FP&A, and Tax to ensure alignment on financial impacts of capital programs and operational initiatives.
- Provide clear, executive-ready accounting insights to senior leadership.
Requirements
- Bachelor’s degree in accounting or finance
- CPA preferred
- 10+ years of progressive accounting experience, including leadership responsibility
- Strong experience in regulated utility accounting, including FERC and state regulatory environments
- Deep knowledge of U.S. GAAP, internal controls, and regulated plant accounting
- Proven ability to lead teams and manage complex, deadline-driven environments
- Experience with regulated and unregulated business models, including utility accounting
- Solid understanding of financial statements, budgeting, forecasting, and variance analysis
- Familiarity with internal controls (SOX/COSO), audit processes, and risk management
- Working knowledge of ERP systems and coordination with tax and audit teams
- Proven financial and technical accounting leadership
- Ability to lead month-end, quarter-end, and year-end close processes
- Strong analytical, problem-solving, and decision-making skills
- Effective people leadership, coaching, and workload management
- Clear communicator with technical and non-technical stakeholders
- Strong cross-functional collaboration and stakeholder partnership
- Experience driving process improvements, policy development, and system changes
- Ability to manage multiple priorities, lead through change, and maintain accuracy under pressure
- Prior rate case support experience (preferred)
- ERP implementation experience (SAP strongly preferred)
Qualifications
- Must reside in commutable distance of West Palm Beach, FL
- Requires in-office work once per week
Skills
- Accounting
- Financial Reporting
- Regulatory Compliance
- Internal Controls
- ERP Implementation
- Leadership
- Team Management
- Problem Solving
- Decision Making
- Communication
- Stakeholder Management
Benefits
- Flexible work arrangement
- Competitive base salary
- Opportunities for career growth
- Creative, supportive, and empowered team atmosphere
- Annual bonus and salary increase opportunities
- Monthly recognition events
- Endless wellness initiatives and community events
- Roadworthy benefits packages
- - Choose what works best with your life
- Paid time off, holidays, and a separate bank of sick time
Pay
- Competitive base salary
Schedule
- Requires in-office work once per week