Manager Accounting I or II (Asset Accounting Research)

Davita Inc. • Charlotte, NC, United States • $200k - $250k / year • 1m ago

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Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy.

The role and responsibility of this Manager position is to manage and develop a team of individuals who perform tasks associated with the company's accounting close and financial reporting processes.

In this role, the Manager Accounting is responsible for ensuring that the accounting impacts of the company's business activities and transactions are understood and properly recorded to the general ledger, and that such accounting impacts and related variances to budget and prior year results, if applicable, are clearly explained and properly presented in internal and/or external financial reports as needed. The accounting manager of Asset Accounting Research also has responsibility as the primary business contact for capitalization decisions, owning and maintaining the company's Capitalization Guidelines policy, performing technical research for asset accounting related issues and writing accounting position papers, reviewing Transaction Review Committee projects for asset accounting impacts, accounting for Asset Retirement Obligations (including coal ash, nuclear, etc.), as well as other tasks that may be nonrecurring and not maintained in other areas of Asset Accounting. The position interacts with all levels of management to communicate technical opinions on capitalization issues as well as frequent interaction with external auditors. The Manager Accounting is also responsible for ensuring that the team performs its tasks in an accurate and timely manner in accordance with published deadlines while strictly adhering to company policies and controls.

Responsibilities for this position include but are not limited to the following:

Accounting Close Process

Understand assigned responsibilities, relevant GAAP and FERC accounting guidance, and operational matters that affect the accounting cycle.
Review month-end deliverables (primarily journal entries).
Review account reconciliations.
Work with the appropriate parties to resolve accounting issues as they arise.
Ensure SOX control structure is in place and monitored with respect to the close process.
Prepare or review documentation for accounting conclusions on accounting matters.
Ensure strict adherence to closing deadlines.

Financial Reporting Process

Review monthly internal financial reports as assigned.
Review quarterly SEC and FERC financial reports, including supporting schedules.
Review periodic state regulatory financial reports.
Ensure SOX control structure is in place and monitored with respect to the reporting process.
Work with independent auditors on annual audited financial statements.
Work with the appropriate parties to resolve issues as they arise.

Additional Responsibilities

Develop and coach staff.
Support regulatory filing efforts including rate cases and rider filings for retail business.
Support wholesale and transmission data requests.
Lead and/or participate in efficiency and process improvement efforts.
Assist with special projects.
Research asset related regulatory matters and related impacts and document appropriate accounting treatment.
Attend business related meetings as needed.

Basic/Required Qualifications

Note: This posting is for one position. Dependent on relevant experience, the level to which a candidate is aligned is outlined below.

Manager I

Bachelor's degree in accounting, finance, or related degree.
8 plus years of increasingly diverse or complex work experience in related field.

Manager II

Bachelor's Degree in accounting, finance, or related degree.
8 years of related work experience, including at least 2 years of successful direct people management experience.

Desired Qualifications

Certified Public Accountant or graduate degree in accounting, business, or related field.
Public accounting or external auditing experience.
Experience in an accounting research role.
Experience in utility accounting or regulatory environment.
Experience with monthly close process, general accounting, and financial reporting (GAAP).
Familiarity with the FERC Uniform System of Accounts.
Knowledge of capitalization principles (Capital vs O&M decisions).
Experience with Asset Retirement Obligation (ARO) accounting.
Knowledge of capital project accounting concepts (CWIP, plant in service, cost of removal, retirement, and unitization).
Familiarity with PowerPlan.
Proficiency in learning and working with a variety of financial systems applications.
Proven ability to perform analysis and evaluate large amounts of data.
Demonstrated ability to forge and maintain constructive relationships within a team and with business partners.
Demonstrated ability to communicate effectively with verbal and written communication with all levels of the organization.
History of driving process efficiency improvements.

Working Conditions

Hybrid Mobility Classification - Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to the assigned Duke Energy facility.