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Sempra Infrastructure · 2 days ago

Director of Consolidation & Financial Reporting

San Diego, CA

Full-time

Onsite

Director/Executive

$169K/yr - $254K/yr

12+ years exp

Sempra Infrastructure is a leading company in the energy sector, and they are seeking a Director of Consolidation & Financial Reporting. This role is responsible for overseeing the consolidation of financial data from subsidiaries, ensuring compliance with US GAAP, and leading the strategic direction of financial reporting to management and external stakeholders.

EnergyInfrastructureSustainability

Responsibilities

Provides vision and sets strategic direction related to the Consolidation and Financial Reporting organizations to ensure alignment across the organizations and three SIP business lines and participates as a key contributor in the CFO and Controller organizations

Provides leadership and oversight to the Consolidation organization to ensure financial records and reporting adhere to U.S. GAAP, and Sarbanes-Oxley (SOX) requirements. Oversees all aspects of the preparation and review of consolidated financial statements, including the consolidation of 100+ legal entities and databases, recording and reconciliation of complex areas such as NCI and AOCI

Leads the preparation of balance sheets, income statements, and cash flow statements, for both internal management and external stakeholders

Provides leadership and oversight to the Financial Reporting organization to provide direction on delivering and messaging of financial results to external parties, including SIP partners, lenders and outside agencies. This role ensures compliance with U.S. GAAP, SEC regulations and other applicable financial reporting standards

Leads a team of financial professionals and collaborates with internal and external stakeholders to maintain the integrity of financial data and reporting processes. Financial items include monthly, quarterly and annual financial reporting, financial statements and other partnership-related deliverables

Leads cross-functional initiatives, collaborates with planning, treasury, economic modeling, investor relations, legal, tax, and plays a key role in managing relationships with internal and external auditors, and if required, regulatory bodies

Partners with the IT and other business functions in driving process improvements and system enhancements related to consolidation and reporting. Supports the adoption and implementation of new accounting standards and accounting policies

Directs and participates, as appropriate, the hiring and promoting of employees, the training and development of management and staff (when appropriate), the assignment, direction and review of their work, and compliance with policies and initiatives

Performs other duties as assigned (no more than 5% of duties)

Qualification

U.S. GAAPSOX complianceFinancial ReportingEnergy industry experienceCPAMBAInnovationLeadershipStrategic thinking

Required

Bachelor's Degree in Finance, accounting, systems or related business administration field

12 years of progressive accounting and/or finance experience with increasing leadership responsibility

Knowledge of advanced accounting and financial theory normally acquired through graduate-level coursework or professional experience

Demonstrated track record of strategic thinking, innovation and leadership, including executive presence

Previous experience or equivalent training and/or experience

Energy industry experience

Experience in U.S. GAAP and SOX

CPA or MBA

Company

Sempra Infrastructure

Sempra develop, build, operate and invest in infrastructure critical to meet the world's energy and climate needs. It is a sub-organization of Sempra Energy.

Founded in 1998

San Diego, California, USA

1001-5000 employees