Accounting Director

Job Summary:

The main responsibility of the Director of Accounting is to set strategic direction, oversee business operations, and ensure organizational performance aligns with corporate goals. This role provides leadership to department heads, manages budgets and resources, assesses and mitigates risks and reports to the executive team. The Director plays a pivotal role in decision-making, policy development and talent management.

Job Description:

• Oversees the preparation and accuracy of financial statements in accordance with US GAAP, under both FASB and GASB pronouncements.

• Ensures timely and accurate monthly, quarterly, and annual financial results.

• Prepares or directs preparation of financial statements, business activity reports, or reports required by regulatory agencies to ensure compliance.

• Supports the Controller in managing the financial health of the organization.

• Provides guidance to the Financial Business Unit teams on all Capital Projects to ensure proper expense/capital determinations are made during the planning stage and during the execution of the projects.

• Leads the monthly fixed asset accounting close process and related reconciliation.

• Develops and maintains effective internal control systems, guidelines and procedures for accounting matters to safeguard company assets.

• Ensures compliance with all relevant financial regulations and standards.

• Implements and monitors policies and procedures to ensure financial integrity.

• Maintains knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards under U.S. GAAP, both under GASB and FASB.

• Manages and mentors the accounting team, providing guidance and professional development opportunities.

• Fosters a collaborative and high-performance work environment.

• Conducts performance evaluations and provides constructive feedback.

• Supports the Controller in strategic planning and decision-making processes.

• Provides financial analysis and insights to support business initiatives and projects.

• Participates in cross-functional teams to drive company-wide initiatives.

• Identifies and implements process improvements to enhance operational efficiency.

• Leverages technology to streamline accounting processes and improves accuracy.

• Ensures effective use of financial systems and tools.

• Performs other duties as assigned.

• Participates in major storm restoration work and associated drills as assigned.

• Follows all policies and procedures.

Additional Job Description:

Education and Experience:

• Bachelor’s degree in Accounting, Finance, or related field.

• Minimum 10 years of progressive accounting experience, with at least 5 years in a senior leadership role.

• Strong knowledge of GAAP, financial reporting, and regulatory compliance.

• Excellent leadership, communication, and interpersonal skills.

• Proficiency in financial software and ERP systems.

• Strong analytical and problem-solving abilities.

• Experience in the power utility industry or a similar regulated industry is highly desirable.

• Strong judgment and decision-making skills to assess situations quickly and make effective decisions.

• Proven ability in strategic management of financial resources.

• Active listening skills to understand different perspectives and ensure accurate communication.

• Ability to apply active learning to understand new information for current and future problem-solving and decision-making.

License/Certifications:

• Preferred: CPA or CMA

Travel Requirements:

• Travels: No

Physical Demands:

• Stationary Position -Constantly

• Pushing/Pulling/Reaching - Seldom

• Climb - N/A

• Kneel - Seldom

• Grab - Seldom

• Bend - Seldom

• Lift/carry over - 5-10 LBS

• Vision - 20/20 Corrected Vision

• Hearing - Receive detailed information if spoken to

We are committed to diversity and inclusion, and it is because of this that we offer equal employment opportunity to both our employees and candidates, while also striving for an environment that is free of any form of discrimination and harassment. We base our employment decision solely on the qualifications of the individual, their merits, and the present needs of the business.