Senior Technical Accountant

About the role

Accounting is responsible for the Company’s and its subsidiaries’ accounting activities as well as providing information to support internal and external financial reporting. The accounting group’s primary responsibilities include:

• Preparing complete and accurate financial statements under US GAAP and other applicable standards, such as FERC guidelines, as well as providing financial information to support internal reporting for management
• Designing, implementing, and executing internal controls over financial reporting
• Recording journal entries to appropriately capture all transactions and estimates necessary for complete and accurate financial information
• Reconciling all the Company’s balance sheet accounts
• Supporting the Company’s strategic initiatives and providing accounting, financial, and business insights
• Keeping current on all standard setting activities, including accounting, financial reporting, regulatory, and sustainability

Responsibilities

• Technical Accounting (40%)
  • Assist in the preparing and review of financial reporting
  • Ensure information provided in the financial statements presented to senior management as well as filed with external agencies (such as the SEC, FERC, and state utility regulators) is a true representation of the Company’s financial position in accordance with US GAAP and regulatory reporting standards
  • Provide financial analytics, including periodic fluctuation analysis, budget to actual analysis, cash flow analysis, trend analysis, and peer/industry comparisons
  • Research and benchmark new and existing pronouncements or technical updates as needed
  • Research and resolve accounting issues including the evaluation and implementation of new accounting pronouncements
  • Prepare and review Company accounting technical memos that document the Company’s application of US GAAP or regulatory reporting standards
• Accounting Operations (25%)
  • Preparing and reviewing information presented in various internal and external financial reports, including information presented to senior management as well as information filed with external agencies (such as the SEC, FERC, and state utility regulators)
  • Presenting certain operating and financial results and any related analysis on a periodic basis
  • Preparing and reviewing evidentiary responses to data requests related to the requirements of or proceedings with the Company’s regulators
  • Supporting the Company’s annual operating and capital budgets
  • Supporting the Company’s strategic priorities and identifying opportunities for strategic analysis
  • Providing guidance to accounting team members and other departments on best practices for financial reporting and current reporting developments
• Audit Support (15%)
  • Manage and review Prepared by Client (PBC) list by gathering financial data, journal entries, and supporting schedules
  • Act as the primary point of contact to resolve auditor questions
  • Lead walkthroughs of complex accounting cycles
  • Align with auditors on accounting policy changes
• Reporting and Accounting Research (10%)
  • Researching and resolving accounting issues including the evaluation and implementation of new accounting pronouncements to ensure compliance with US GAAP and regulatory reporting standards
  • Preparing and reviewing Company accounting position papers that document the Company’s application of US GAAP or regulatory reporting standards to specific transactions or accounts
  • Developing and communicating recommendations on the application of accounting guidance to specific transactions or accounts
  • Working closely with other Company departments to ensure all relevant information is considered and incorporated into any accounting assessment
• Internal Controls (10%)
  • Partner with internal audit to document, test, and improve Internal Controls over Financial Reporting (ICFR)
  • Assisting the Accounting Manager and Controller with ensuring that all monthly and quarterly internal control activities for the accounting department are completed in a timely manner
  • Coordinating, reviewing, developing, and updating the Company’s policies and procedures related to accounting and financial reporting

Must be available to assist in the Company’s storm restoration efforts.

Qualifications

• Active Certified Public Accounting license
• Public accounting experience or utility company experience preferred
• Bachelor’s degree in accounting or finance; MBA or Advanced Degree preferred
• 5–8 years of accounting experience or equivalent
• Proficient in technical accounting and financial reporting

High pressure, deadline sensitive, extended work schedule may be required.