Primary PurposeResponsible for managing the evaluation and assessment of the financial controls and financial reporting processes across specific business units, programs, and projects, driving implementation of financial best practices, and implementation of processes to support the strategic goals and business objectives of the Company.
Responsible for validating the proper tracking and recording of $100+ million of dollars in major programs and/or project costs, validating the proper allocation and tracking of those costs, and mitigating the regulatory risk associated with the recovery of those costs.
Support successful cost recovery outcome for future regulatory filings.
In alignment with corporate accounting policies, reviews significant contracts, agreements and business issues to determine and communicate accounting considerations.
Provides technical accounting support for complex, non-routine transactions.
Monitors, interprets and analyzes rule making activities, identifying pronouncements that may have an impact on programs/projects and oversees/assists in the implementation of these new accounting pronouncements.Duties and ResponsibilitiesWorks directly with program and project business managers, directors and senior executives to manage company-wide implementation of financial best practices to mitigate regulatory, recovery risk and support the strategic goals and business objectives of the Company.
Supports senior management and divisional management through analysis of financial impact of major issues and programs.Manages divisional cost planning and analysis and directs the development and coordination of the resource allocation process at the division including modifying and/or improving the process as business needs change.
Oversees and produce regular reports, coordinates with business units and project managers to review financial reports.
Directs the development, monitoring, and reporting of business unit financial plans and supports the company’s and division’s strategic decision-making and performance measurement activities and reporting.Manages Financial Performance staff to evaluate and assess financial, cost and budgetary record-keeping practices across program and project teams and manage development and implementation of standardized financial cost management tools, invoicing and contract management.
Contracts may include operational contractor activities.
Contractor or consultant estimates can include work such as engineering studies.Monitors project cash flows, assists with risk monitoring, and develops and publish standardized reports to support the strategic goals and business objectives of the Company.Lead collaborative cross-functional team meetings and training sessions.Present findings and recommendations to management and other work groups and business units.Performs other duties as assigned (no more than 5% of duties).QualificationsEducationBachelor’s Degree Business Administration, Finance, Accounting, or similar discipline.
RequiredMaster’s Degree MBA PreferredExperience10+ years of related experience.
RequiredSkills and AbilitiesMust possess comprehensive writing skills; strong oral communications and the ability to articulate complex financial issues.
AdvancedStrong understanding of company financial policies and procedures for budgeting and project approvals.
AdvancedMust have an extensive knowledge of regulations and interpretations set by regulatory agencies, and utility operations and financial planning systems.
AdvancedStrategic thinking and results oriented.
AdvancedJudgment and extensive analytical ability are required in approving the financial/business plan, budget and evaluating major business issues.
AdvancedExcellent communication and presentation skills required to communicate operational and financial information and to deal with regulatory agencies and others.
AdvancedAbility to identify issues and apply concepts by partnering with business unit segments to create solutions to business needs.
AdvancedAdvanced understanding of interrelationship of utility ratemaking, income taxes and accounting concepts.
AdvancedIs committed to excellence and timely results; clearly aligns work group activities with the Company’s mission, goals, strategic direction and deliverables; drives toward meeting high standards and getting the job done; displays confidence that quality results can and will be produced; motivates others to perform at their highest level.
AdvancedPositively influences others and gains their cooperation and support; constantly builds employees’ skills to take on more challenging assignments; willing to trust in theability of others; promotes collaborative,cooperative cross-functional work relationships; takes risks involving interdependence; sets ambitious team goals.
AdvancedFull understanding of the “big picture” and considers long-term implications when making business decisions, setting strategy and developing alternative solutions to the business unit’s current business, regulatory and financial issues to enhance business unit competitive positioning, profitability and cash flow while maximizing shareholder value.
AdvancedLicenses and CertificationsPMP, CMA, and/or CFA certification.
PreferredEqual Opportunity Employer Minorities/Women/Protected Veterans/Disabled