Serves as the primary contact for technical accounting support by providing guidance on the accounting and reporting ramifications of various decisions and courses action. Assesses new business events and transactions to determine their affect on the company’s financial statements. Manages the work of the Technical Accounting staff.
Job Description - Requirements
- Manages the work of the Technical Accounting staff, including hiring, evaluating, training, performance management, compensating, motivating, coaching, and developing goals and procedures to ensure the achievement of goals.
- Represents the Controller’s organization on Finance’s Business Development team by providing technical accounting support for new corporate development projects.
- Provides guidance to the Business Development teams in structuring transactions to meet business objectives and to maximize operating and accounting goals.
- Provides guidance to the Nonutility Accounting and Corporate Accounting functions with respect to integrating the accounting and reporting requirements of new investments with existing processes.
- Serves as the primary resource for identification, research, analysis and documentation for GAAP and FERC accounting and reporting compliance.
- Monitors and assesses Washington Gas’s new business events and transactions in terms of their ramification on the Company’s financial statements; including defining the relevant factors, researching and applying relevant accounting standards and fully documenting the appropriate accounting and reporting treatment in formal accounting position papers and policies.
- Reviews new contracts and evaluates accounting and reporting requirements and implications.
- Monitors the status of and drafts comments on proposed accounting guidance
- Leads projects to implement the requirements of new accounting guidance issued by FASB, the SEC and FERC, including researching and recommending the proper accounting and reporting application and drafting the related policies and procedures.
- Provides formal responses to inquiries or other information requested monthly, quarterly or annually by senior management, other business units, and internal and external auditors.
- Performs other special projects as directed by the Director of Corporate Accounting.
Washington Gas is an Equal Opportunity Employer.
- Bachelor’s degree in Accounting (or a related field) plus 10 years of experience in an accounting function, with at least 5 years involving technical accounting-related research and analysis.
- MBA or a Master’s degree in Accounting or a related field may be substituted for one year of required experience.
- A minimum of three years supervisory experience required.
- A CPA license may be applied towards 1 year of the technical accounting experience requirement.
- Demonstrated extensive working knowledge of GAAP.
- Experience researching and preparing formal written accounting position papers.
- Experience interpreting and applying the requirements of Accounting Standards Codification (ASC) topics.
- Demonstrated strong analytical and communication skills, both written and verbal.
- Demonstrated ability to effectively communicate complex messages to diverse audiences at all organization levels.
- Proven ability to use computer software and applications, including Microsoft Office applications to share, retrieve, research and present business information.
- Demonstrated ability to establish rapport and effective working relationships with business partners, supervisors, subordinates, and peers.
- Demonstrated ability to analyze and interpret data, and to identify relevant issues in solving business problems.
- Demonstrated ability to effectively evaluate multiple scenarios and to implement the most effective solutions to broadly defined business issues.
- General working knowledge of SEC regulations and filing requirements.
- Demonstrated strong technical writing skills, including the ability to logically and concisely write and present diverse ideas.
- Experience with a public accounting firm is preferred.
- Experience with accounting and reporting for new business development activities and investments preferred.
- General working knowledge of FERC uniform system of accounts and understanding of the regulated energy industry preferred.
Applicants are considered for positions without regard to race, ethnicity, religion, sex, national origin, sexual orientation, age, marital status, medical condition, disability, or other legally protected status.
Washington Gas - 23 months ago