Accounting Manager

2 weeks ago

Pineville, Louisiana, United States Cleco Full time
Job Title: Accounting Manager

Cleco is seeking an experienced Accounting Manager to join our team. As a key member of our finance department, you will be responsible for overseeing the General Ledger and subledgers, including Accounts Receivable and Asset accounting.

Key Responsibilities:
  • Support the design and development of procedures, processes, and systems related to Accounting Services and Asset Accounting operations.
  • Coordinate and manage the Asset Accounting Services function, including daily activities required to maintain the Power Plan system, journal entries, balance sheet reconciliations, and ad-hoc analyses.
  • Oversee the function to maintain and record fixed assets, support the design and development of procedures, processes, and systems related to Asset Accounting.
  • Ensure the effectiveness of processes to accurately record newly acquired fixed assets, track existing fixed assets, record depreciation, and accounting for the disposition of fixed assets in compliance with FERC and GAAP requirements.
  • Support and provide leadership to project managers and Finance functions, as needed, to properly account for capital projects, acquisitions, retirements, and transfers.
  • Review journal entries, variance analytics, and balance sheet account reconciliations for fixed assets; conduct analyses related to fixed assets as requested by management.
  • Support the review of audit schedules relating to fixed assets; disclosures for SEC/Financial Reporting team, Tax department, external Auditors, as well as ad-hoc report requests; assist the auditors in their inquiries.
  • Ensure the overall monthly, quarterly, and annual close is completed on time and accurately; oversee the preparation of fluctuation analyses for actuals versus prior periods, and assist Financial Planning & Analysis (FP&A) with budget-to-actual variance analyses.
  • Collaborate with Internal Reporting to prepare and analyze accounting data to produce all accounting and financial reports and statements (monthly, quarterly, annually) to ensure accuracy and completeness for Cleco EMT and Board presentations.
  • Comply with internal controls related to financial close; ensure compliance with the Sarbanes-Oxley Act; model and promote ethical business conduct, and comply with both the letter and spirit of all laws, rules, and regulations to which Cleco is subject.
  • Support the design, document, implement, and monitor adherence to internal financial controls in accordance with SOX requirements.
  • Oversee and ensure accurate processes and procedures to calculate Allowance for Funds Used During Construction (AFUDC).
  • Analyze, develop, and implement internal policies and procedures across the GL/AR functions to improve team efficiency and automation, resulting in overall cost savings.
  • Lead the preparation of rate case filings as it relates to accounting information.
  • Use data and analytics to support continuous improvements to reduce costs and improve program quality; participate in the integration of current systems (e.g., SAP) and analytical techniques to enhance/streamline current operations and enhance cycle times.
  • Analyze historical data and trends to improve decision making for organizational function and increase accountability, and develop reports to effectively communicate insights that can impact Finance and the broader organization.
  • Develop solid business relationships with key stakeholders to proactively support business objectives within the finance team and with external stakeholders to drive success.
  • Train and evaluate employees to enhance their performance and development; communicate individual and team performance expectations with regular progress review and hold staff accountable to defined project milestones.
  • Serve as an escalation point to report risks to delivery, ensuring business expectations, goals, and objectives are understood and met across project teams.
  • Stay up to date on industry-leading practices and contribute innovative ideas to drive continuous improvement of service delivery and processes.
  • Champion a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence.
Required Skills:
  • Strong understanding of Generally Accepted Accounting Principles (GAAP), FERC, and Regulatory Accounting.
  • Core knowledge of Finance principles, theories, and concepts, and knowledge of related Local and Federal laws and regulations related to General Ledger.
  • Ability to manage high workloads and conflicting priorities, and drive issues to resolution while maintaining an atmosphere of collaboration.
  • Strong analytical and critical thinking skills to interpret Finance KPIs/metrics and derive insights into actionable opportunities.
  • Ability to operate effectively and proactively with an employee-centric mindset.
  • Detailed-oriented and high work standards in support of seamless execution.
  • Strong interpersonal, negotiation, communication, writing, speaking, and listening skills.
Qualifications:
  • Required Education & Experience:
    • Bachelor's degree in Accounting or Finance, Master's degree preferred.
    • 5+ years of related experience.
    • 2+ years People Management experience preferred.
    • Experience and ability to lead staff across projects towards a common vision.
    • Experience with Financial Systems/SAP/PowerPlan preferred.
    • Experience with Microsoft tools and applications required.
    • Knowledge of GAAP, Internal Control processes.
  • Licenses and Certifications:
    • Certified Public Accountant (CPA) required.

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