Senior Financial Reporting Analyst

4 weeks ago

Columbus, Ohio, United States American Municipal Power, Inc Full time
Job Summary

As a Senior Financial Reporting Analyst at American Municipal Power, Inc., you will be responsible for providing accounting and finance support to the company's transmission subsidiary, AMP Transmission, LLC. This includes preparing and managing the submission of monthly financial reports to the AMP Executive Management Team, as well as AMP's Board and Members.

Key Responsibilities:

  • Provide financial planning and analysis and accounting support for AMP Transmission, LLC.
  • Record transactions for the monthly close, prepare GAAP financial statements, and assist with transmission formula rate cost analysis and Federal Energy Regulatory Commission (FERC) rate filings.
  • Perform day-to-day activities associated with the monthly financial close process, ensuring financial transactions are recorded and reported accurately and timely.
  • Support AMP Transmission, LLC's regulatory requirements, including the annual FERC filing in the form of the FERC Form 1, Actual Transmission Revenue Requirements (ATRR) filing, and Projected Transmission Revenue Requirements (PTRR) filing, among others.
  • Support AMP Transmission, LLC with classifying transactions in accordance with the FERC Uniform System of Accounts, establishing asset capitalization policies, monitoring compliance with internal controls, and other financial matters.
  • Responsible for analyzing, understanding, and tracking monthly results, including profitability, balance sheet, cash flow, and key performance metrics.
  • Provide ad-hoc analytical and project support to the AMP Accounting team.
  • Proactively develop and maintain technical knowledge in specialized areas, remaining up to date on current trends and best practices.

Requirements:

  • Bachelor's or master's degree in Accounting or Finance required.
  • MBA and/or CPA preferred, but not required.
  • 3-7 years related accounting experience is required.
  • Previous experience in utility accounting is preferred, but not required. Knowledge of the FERC Uniform System of Accounts, Transmission Rate Making process, and experience in Regulated Property, and General Accounting concepts is preferred.
  • Demonstrated knowledge of generally accepted accounting standards, financial accounting standards board, and generally accepted governmental accounting standards.
  • Must demonstrate strong analytical, problem-solving, leadership, and communication skills.
  • Must be flexible and willing to work in a fast-paced and deadline-driven environment; communicate effectively with all levels of the organization; and be a collaborative and strategic thinker with a strong financial leadership perspective and organizational agility.
  • Advanced knowledge and expertise using Excel and ERP systems.

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