Manager Financial Accounting & External Reporting

• Government/Military

Location:

San Antonio, Texas CPS Energy HQ

Term:
Direct Hire

Develops and oversees the guidelines, procedures and overall process necessary to ensure the accurate and timely external financial reporting each month, quarter and annually. Researches and leads the implementation of accounting pronouncements applicable to CPS Energy. Provides oversight and leadership of preparation of information to support the annual external financial audit, AUPs and Single Audit, if applicable. Serves as key liaison to answer questions from the external auditors during the annual audit.

Responsible for bank, investment, fuel hedging and debt accounting and for providing accounting oversight, annual financial reporting and preparation of information in support of the annual audit for special purpose entities (such as the Decommissioning Trusts and SA Energy Acquisition Public Facility Corporation) as well as the bookkeeping and 990 preparation and submission of the REAP program.

• Oversee the accurate and timely preparation and review of external financial reporting, including (but not limited to) the following:
  • Monthly Board financial package, including schedules, charts, and analysis.
  • Quarterly Interim Financial Reports.
  • Annual CPS Energy Financial Statements.
  • Annual Nuclear Decommissioning Trusts (NDT) Financial Statements.
  • Annual SA Energy Public Facility Corporation (PFC) Financial Statements.
  • Annual Uniform Guidance Audit Report (Single Audit)
• Coordinates with Corporate Communications to ensure timely preparation and publishing of CPS Energy's annual report, Interim Report, and other required financial reports.
• Oversee accurate and timely completion and review of audit schedules, requests for information, audit inquiries, and files to support the annual financial statement audit, Agreed Upon Procedures and Single Audit, if applicable.
• Serves as liaison to respond to questions from the external auditors.
• Reviews existing and new accounting and reporting standards to determine applicability to CPS Energy and leads implementation efforts as necessary, including formal documentation such as white papers, guidelines and procedures to ensure consistent accounting practices that are in accordance with Generally Accepted Accounting Principles (GAAP) and applicable Governmental Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), Federal Energy Regulatory Commission (FERC), etc.
• Oversee the proper accounting for Finance & Treasury related transactions, to include banking transactions, debt, fuel hedging, derivative accounting, investment accounting, and other segregated accounts, such as REAP, etc., including reviewing and ensuring the timely completion of all account reconciliations assigned to the Financial Accounting and External Reporting (FAER) staff.
• Oversee the proper accounting and reporting for special entities, such as the NDT and the PFC, to include establishing processes and controls, and oversee the accurate and timely completion of the associated financial statement audits with unqualified opinions. Also responsible for overseeing the bookkeeping, monthly reporting, and annual filing for Form 990 for the nonprofit REAP program.
• Oversee reporting to comply with regulatory and other internal/external reporting requirements, including but not limited to the following:
  Municipal Securities Review Board (MSRB) filings, nuclear decommissioning assurance filings to the Nuclear Regulatory Commission and Public Utility Commission of Texas, and unclaimed property filings with the State of Texas.
• Serve as the Audit and Finance Committee liaison role to coordinate the agenda and materials discussed on a quarterly basis.
• Provides and guides the development of FAER staff, including the provision of learning and development opportunities, and cross-training of staff to ensure adequate backup of all functions within the area.
• Responsible for the development and support of any technology changes impacting the Financial Accounting & External Reporting Team.

Performs other duties and serves on special project teams as assigned.

Strong and solid financial management experience to include leading accounting oversight and financial reporting functions and ensuring compliance with accounting standard setters, such as the SEC, FASB, GASB and FERC. Knowledge and familiarity with monthly, quarterly, and…