Electric Utility FP&A Senior Manager Job Opening in Minneapolis, MN
About Black Hills Corporation
A wide variety of energy sources have made Black Hills Corporation (NYSE:
BKH) and its subsidiaries stable and diversified providers of low-cost reliable
energy solutions to customers throughout the U.S. Discover your career potential in the
following opportunity:
Minneapolis, MN Senior
Manager, Electric Utility FP&A Job Duties
PRIMARY FUNCTION:
Maintain an accounting system that includes organization,
procedures, and records concerned with safeguarding assets, reliability of
financial records and provides timely financial information to users
(management, stockholders, and other users) of such information.
Responsible for timely and accurately reporting of all financial data and for
providing financial reports required by company management, regulatory and
rating agencies. Develops, analyzes, and interprets statistical and
accounting information to appraise profitability, capital expenditures and
performance against budgets for the utility companies. The accounting
vision and direction for the utility companies developed by supplying
management with consolidated financial reporting, analysis and forecast based
on current operating trends.
ESSENTIALSENIOR MANAGER JOB FUNCTIONS:
- Functionally supervise all accounting activities and
provide direction for operations to ensure Accounting policies and
practices support GAAP, regulatory requirements, and sound business
practices.
- Interpret financial analysis and provide financial counsel
to operations management. This includes all levels of the
organization with focus on recommendations for financial
improvement. Particular emphasis to be placed on identifying
opportunities to improve return on invested capital
- Support state regulatory process by interpreting
financial data and information including 5 year planning on rate case strategies. Participate
in meetings with regulatory staffs and commissions to explain financial
systems and accounting methods. As required, provide financial
testimony in rate case proceedings.
- Exercises management authority concerning staffing,
performance appraisals, promotions, salary recommendations and
terminations in accordance with company policies and laws. Provides
guidance to manager in directing of work, appraising performance,
rewarding and disciplining employees and addressing complaints and
resolving problems of their respective staffs.
- Direct financial control over financial planning
(budgeting), financial forecasting, and financial management processes to
support achievement of financial objectives. Perform
leadership role on financial matters with the identified operations
including the strategic planning process.
- Coordinate budget completion with operations and
corporate organizations.
- Develop departmental objectives and recommend
overall financial plans with respect to improving the effectiveness of
assigned functions.
- Assist management with completion of due diligence
procedures primarily related to accounting and financial reporting
systems.
- Assist management in identifying and evaluating the
potential profitability and strategic compatibility of new services and
special programs.
- Support the gas supply function for the gas
utilities and be able to provide assistance with required SFAS 133
documentation.
- Interpret financial information for off-system sales
as it relates to the electric utilities and provide directions for the
accounting to ensure compliance with regulatory reporting and SEC
reporting.
- Must be able to understand rate cases and rate
making concepts and be able to direct those financial functions.
Minneapolis, MN Senior Manager, Electric Utility FP&A Job
Qualifications
- 10 years of financial and business experience in the
energy industry, with progressive responsibility. Experience in the
utility industry is required due to the regulatory environment and
surrounding issues.
- Proficiency in Excel to create and support complex
financial models that would normally be expected from someone performing
this function for over five years.
- Ability to strategically plan and model different
solutions to operating problems to help provide possible solutions and the
financial impact.
- Must be able to prioritize workload and assign
additional resources when needed based on the overall retail segment
needs.
EDUCATION:
·
Bachelor’s
Degree in Accounting/Finance or an equivalent combination of education and
experience.
KNOWLEDGE:
- An in-depth knowledge of return on investment
calculations and how to interpret the results and make recommendation on
how to improve.
- An in-depth knowledge of calculating cost of capital
under different capital scenarios and how to risk adjust the results.
- In-depth knowledge of FERC accounting and how to
property apply FERC accounting in the electric and gas operations.
- Extensive knowledge of GAAP accounting principles and how to apply GAAP accounting principles in the gas and electric operations.
CERTIFICATIONS/CREDENTIALS:
·
CPA, MBA or CMA a plus.
Minneapolis, MN Senior Manager, Electric Utility FP&A Job Compensation
We
offer an attractive salary based upon qualifications with competitive benefits
and a supportive professional work environment.
To
learn more about Black Hills Corporation, view a complete job description, and
apply for this position please click on the following link or copy/paste it
into your internet browser.
EEO
Employer, Race, Gender, Veterans, Disability
