Director of Fixed Assets

T.H. Easter Consulting LLC
Job Description
T.H. Easter Consulting has been retained to find a Director of Fixed Asset Accounting for one of our Top Delaware Clients. This position will be responsible for the management of the fixed asset accounting team supporting the various business units.  This position must have an understanding of the Uniform System of Accounts as set forth in the Code of Federal Regulations (CFR) and be able to apply and ensure compliance with the rules and regulations set for by the Federal Energy Regulatory Commission.
This position will be responsible for ensuring that the financial statements of the Company as it relates to the disciplines outlined above are maintained and in compliance with GAAP and regulatory agencies. This position will interface with many of the Company’s business units both in the role of accounting oversight and in optimizing accounting processes and therefore the ability to interact with and represent the Accounting department will be critical.
  • Ensure that the Company’s plant assets are being recorded in compliance with GAAP and the governing regulatory agencies such as Federal Energy Regulatory Commission.
  • Direct and guide the activities of the team.   This includes ensuring that work is appropriately delegated, prioritized and reviewed. Additionally, this position must be able to motivate and develop staff while working within a fast paced environment.
  • Ensure that the controls are in place to monitor the recording of Capital and Operations and Maintenance activities. 
  • Ensure that SOX processes are being maintained and that there is full compliance with these processes.
  • Provide timely and accurate reporting to management and perform ad hoc analysis and reporting as requested by management in a timely manner.
  • Provide support for rate cases as needed.  Requires the ability to analyze, think tactically and respond to discovery requests that may arise.
  • Ensure that regulatory reporting are completed and reviewed by appropriate management to provide for timely filings.
  • Ability to collaborate with multiple business units to provide guidance and support as it relates to accounting matters. 
  • Ensure that asset accounting policies and guidance are properly communicated and understood by the Business Units that will utilize them.
  • Provide consultation services to Business Units and others as needed on accounting matters, including strategies related to the appropriate classification of Capital and O&M. 
  • Review and approve monthly journal entries as required.
  • Ensure that audits being performed by internal, external or regulatory auditors related to the above activities are being addressed in a timely manner and that any issues are resolved in a timely manner and are elevated to management as appropriate.
  • Ensure that the entire process, data flows and all relevant financials systems are properly designed, managed and controlled to ensure that asset accounting is performed in accordance with all statutory requirements and that the business can access and analyze the information out of these systems in order to optimize business results.

  1. Bachelor's degree in accounting
  2. 5-10 years of relevant accounting experience
  3. CPA, preferred
  4. Strong analytical and problem solving skills
  5. Utility experience required
  6. Strong organizational skills and attention to detail
  7. Strong interpersonal and communication skills
Contact Information
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