Jobs · Accounting · Virginia

WGL - Sr. Director, Non-Utility and Accounting Strategy

Washington Gas · Springfield, VA · 2 wk ago
On-siteAccounting$214k–$326k/yrFull-time

About the Role

The Sr. Director, Non-Utility and Accounting Strategy leads the Company’s non-utility accounting function and provides strategic direction over technical accounting, benefits accounting, and accounting for new business growth. This role drives consistency in accounting policy application and serves as a key advisor to senior leadership on complex accounting matters, new transactions, and strategic initiatives.

Responsibilities

  • Leadership and Organizational Oversight
    • Lead and develop the Technical & Benefits Accounting and Non-Utility Accounting teams, ensuring clear priorities, strong performance management, and ongoing capability development.
    • Establish clear accountability across teams for quality, accuracy, compliance, analysis, strategic thinking, and process execution.
    • Foster a high-performing, collaborative environment and build strong cross-functional relationships across Finance and the broader business.
  • Technical Accounting and Policy Leadership
    • Oversee accounting research and evaluation of complex transactions, contracts, and new business activities, ensuring appropriate accounting treatment and documentation.
    • Serve as the Company’s senior accounting subject matter expert across key areas including consolidation, leasing, revenue recognition, investments, derivatives, impairments, and accounting for rate-regulated entities.
    • Monitor and assess new accounting standards for utility-specific issues, coordinate implementation efforts, and ensure alignment across the organization.
    • Oversee development and maintenance of business unit-specific accounting policies and procedures, ensuring consistency with corporate standards and regulatory requirements.
  • Benefits Accounting Oversight
    • Provide strategic oversight of accounting and reporting for all employee and retiree benefit plans, including pensions, health and welfare plans, and defined contribution plans.
    • Ensure appropriate accounting treatment, audit readiness, and financial reporting compliance for all benefit-related activities.
    • Advise leadership on financial and accounting implications of benefit plan strategies and cost assumptions.
  • Non-Utility Accounting and Reporting
    • Oversee the monthly close process and production of financial statements for non-utility operations, ensuring accuracy, timeliness, and compliance with GAAP and regulatory requirements.
    • Ensure strong coordination with internal and external auditors and oversee audit deliverables and timelines.
    • Partner with senior leadership to support financial statement reviews, filings, and reporting requirements.
    • Provide strategic support and financial oversight for non-utility business leaders.
  • Strategy, Change, and Continuous Improvement
    • Lead accounting strategy across non-utility and technical areas, ensuring alignment with business priorities and regulatory expectations.
    • Oversee finance change control processes to identify and assess impacts of business changes on financial reporting.
    • Drive continuous improvement in non-utility accounting processes, systems, and controls, including identifying opportunities to enhance efficiency and effectiveness.
    • Lead cross-functional initiatives to improve finance processes and support business growth and transformation.

Requirements

  • Bachelor’s degree in Accounting or related field required; Master’s degree preferred.
  • 10+ years of progressive accounting experience, including significant experience in technical accounting and financial reporting.
  • CPA strongly preferred.
  • Deep knowledge of GAAP and experience applying accounting guidance to complex transactions.
  • Strong leadership experience with proven ability to manage and develop high-performing teams.
  • Experience working with auditors, regulatory requirements, and internal controls (SOX compliance).
  • Excellent communication, analytical, and problem-solving skills, with the ability to influence senior leadership.
  • Experience in the utility or regulated energy industry preferred.

Benefits

  • Comprehensive health insurance (medical, dental, and vision coverage).
  • Retirement plans, including 401K matching.
  • Paid time off (PTO) and holiday pay.
  • Incentive bonus plans.

Pay

Competitive salary range of $214,200 to $326,100 per year, commensurate with experience, education, and skills.

About AltaGas

AltaGas is a North American energy infrastructure company focused on owning and operating assets that provide affordable energy to customers. AltaGas assets include Washington Gas/WGL, SEMCO, and Petrogas. Our team of nearly 3,000 leverages expertise along the energy value chain to connect customers with premier energy solutions—from upstream producers to homes, businesses, and new markets worldwide. We deliver clean and affordable natural gas to approximately 1.7 million customers through regulated distribution utilities across four U.S. jurisdictions and two regulated natural gas storage utilities.

AltaGas values diversity and encourages applications from United States military veterans and service members who meet the qualifications.

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