Controller

$176,300 - $207,500/Yr

NV Energy - Reno, NV

posted 3 months ago

Full-time - Senior
Reno, NV
Utilities

About the position

The Controller plays a crucial role in overseeing financial operations in accordance with US GAAP and ensuring compliance within the Company. This leader will bring with them a deep understanding of financial regulations, utility industry practices, and strong leadership skills to effectively manage financial reporting, as well as assisting in budgeting and forecasting. This position is also responsible for the establishment and maintenance of accounting principles, practices, and procedures for the maintenance of fiscal records and the preparation of financial reports. The Controller will oversee external and internal financial reporting, general, plant, and fuel and purchase power accounting for the Company. Essential Duties and Responsibilities include providing executive leadership oversight to the operations of the accounting organization, including the monthly close and management reporting. The Controller oversees the establishment and maintenance of accounting policies and procedures and is responsible for leadership oversight to the preparation of all filings with the U.S. Securities and Exchange Commission, Federal Energy Regulatory Commission, Berkshire Hathaway Energy, and other external annual and quarterly financial statements. This role ensures compliance with federal, state, foreign, and local regulations and laws including the U.S. Securities and Exchange Commissions, Sarbanes-Oxley, Federal Energy Regulatory Commission, Foreign Corrupt Practices Act, and other laws and regulations. The Controller owns the compliance with generally accepted accounting principles, internal controls, and the research, resolution, and documentation of all accounting and reporting deliverables issues. They lead reporting and data requests for regulatory filings and stay up-to-date with regulatory changes impacting the utility industry. The position also involves providing written and oral testimony in rate cases on accounting policies and financial statements, as necessary. The Controller is responsible for the integration and consolidation of all financial reporting related to all companies and reporting to Berkshire Hathaway Energy, developing relationships, and helping identify and drive best practices across Berkshire Hathaway Energy and other affiliated companies. They establish and implement short- and long-term accounting organization goals, objectives, policies, and operating procedures, identifying and implementing process improvements, overseeing the maintenance of the company's accounting systems, and directing the information technology strategy for the accounting organization. Additionally, the Controller directs the financial audits and acts as the primary contact within the organization with the independent auditors, develops accurate budgets based on departmental and business unit plans, and provides insight and assistance to the company's business plan including identifying potential risks and opportunities for financial performance improvement. The role also includes developing and mentoring the accounting team with a focus on advanced communication, high transparency, minimizing surprises, and effective partnership with leaders cross-functionally, while maintaining sensitive and confidential information regarding company information and supporting the company's employee policies and procedures, including workplace safety rules.

Responsibilities

  • Oversee financial operations in accordance with US GAAP.
  • Ensure compliance with financial regulations and utility industry practices.
  • Manage financial reporting, budgeting, and forecasting.
  • Establish and maintain accounting principles, practices, and procedures.
  • Oversee external and internal financial reporting, including general, plant, and fuel accounting.
  • Provide executive leadership oversight to the accounting organization.
  • Prepare filings with the U.S. Securities and Exchange Commission and other regulatory bodies.
  • Ensure compliance with federal, state, and local regulations.
  • Lead reporting and data requests for regulatory filings.
  • Stay updated with regulatory changes impacting the utility industry.
  • Provide written and oral testimony in rate cases as necessary.
  • Integrate and consolidate financial reporting related to all companies.
  • Develop relationships and drive best practices across affiliated companies.
  • Establish and implement accounting organization goals and policies.
  • Identify and implement process improvements.
  • Oversee the maintenance of the company's accounting systems.
  • Direct financial audits and act as the primary contact with independent auditors.
  • Develop accurate budgets based on departmental plans and control expenditures.
  • Provide insight and assistance to the company's business plan.
  • Develop and mentor the accounting team with a focus on communication and transparency.
  • Monitor and enforce compliance requirements for the area of responsibility.

Requirements

  • Bachelor's degree in Accounting, Finance, or related field from an accredited school.
  • 8 years of related work experience, preferably in the utility industry.
  • Certified Public Accounting (CPA) designation required.
  • Demonstrated knowledge of Generally Accepted Accounting Principles and SEC reporting requirements.
  • Experience with Federal Energy Regulatory Commission guidance and reporting requirements.
  • Knowledge of Sarbanes-Oxley Act of 2002 and COSO Internal Control Integrated Framework.
  • Strong leadership, problem-solving, and decision-making skills.
  • Ability to prioritize and handle multiple issues and projects concurrently.
  • Excellent analytical skills and attention to detail.
  • Proven leadership experience with the ability to manage and motivate a team.
  • Advanced proficiency in financial software and ERP systems (e.g., Oracle).
  • Exceptional communication and interpersonal skills.

Nice-to-haves

  • Previous utility and leadership experience preferred.

Benefits

  • 401(k) fixed contribution - company contributes 4% regardless of employee's contribution.
  • 401(k) match - company matches 100% of the employee's first 6% contribution; immediate vesting.
  • Adoption assistance.
  • Tuition Assistance.
  • Paid Time Off (PTO).
  • 12 paid holidays.
  • Parental leave.
  • Military leave.
  • Bereavement leave.
  • Short-term and long-term disability.
  • Identity Theft Protection - company paid.
  • Flexible Work Schedules (depending on position).
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