Chief Financial Officer
3 weeks ago
ESSSENTIAL DUTIES AND RESPONSIBILITIESEstablishes or recommends to management, economic strategies, objectives and policies for Company.
Manage the accounting and finance department including the following positions -Controller, Financial Analysts, Accounting staff and Shareholder Administration
Implements and administers established accounting policies, procedures and practices and ensures accurate and timely recording and reporting of operating results.
Directs the preparation of timely, accurate financial reporting for Company with detailed variance explanations as required each month, quarter to date, year to date, and prior year analysis.
Directs the preparation of timely operating data and proposed solutions for enhanced business unit performance. Examples include performing analyses on Capacity factor, Availability, air emissions and relationship between revenue and Unit Performance.
Directs preparation of budgets and forecasts in coordination with departmental managers, reviews budget proposals and prepares necessary supporting documentation and justification.
Manages audits of company's accounts.
Directs the preparation of reports required by regulatory agencies (i.e. FERC reporting).
Directs the preparation of tax filings (federal, state, local, property, sales & use, etc.) and advises management on desirable operational adjustments due to tax code revisions.
Maintaining a compliance requirements report to ensure all key requirements under major contracts and the credit agreement are identified and met.
Interfaces and Supporting ResponsibilitiesInterfaces with and supports CCO and plant management team - provides information and timely analyses to support operating objectives.Treasury functions (upon plant completion) - administration of credit facilities, initiating borrowings, loan transfers, issuance of letters of credit, cash management and forecasting.Shareholder relations - administration of equity list and transfersParticipate in the implementation and ongoing management and enhancement of the enterprise asset management system and enterprise resource planning system ensuring the needs of Company are met.Direct and manage the risk management process including the development and monitoring of hedge activities and coordinating/reviewing insurance programs and products with broker.
Job Requirements (Education, Experience, Knowledge, Skills)Bachelor's Degree in Accounting, Business Management, Finance or related fields is required. MBA or CPA required.10 years of relevant experience required.Energy plant operating experience, banking relationship management, private equity experience, a plusMust have a comprehensive understanding of GAAP.Proficient in MS Excel, Word, PowerPoint, Access, CMMS and Accounting & Reporting Software.Must be able to research and understand complex accounting, finance and tax issues, draw conclusions and determine appropriate actions to model transactions.Must be a self-starter, focus on details, able to perform with little supervision, and manage personnel.
SUPERVISORY RESPONSIBILITIESDoes this job have supervisory responsibilities? Yes
Leadership:Supervises/manages/directs the selection, training, development, appraisal and work assignments of personnel.
Are there non-supervisory employees who report directly to this job? Yes
How many non-supervisory employees are supervised by this job? 5
Are there subordinate supervisors reporting to this job? Yes
OTHER DUTIES AND RESPONSIBILITIESComply with all safety policies, practices and procedures.Participate in proactive team efforts to achieve departmental and company goals.Perform other duties as assigned.Provide leadership to others through example and sharing of knowledge/skill.
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