Apply on Employer Site

Tri-State Generation and Transmission Association, Inc. · 16 hours ago

SEC Financial Research and Reporting Specialist

Westminster, CO

Full-time

Onsite

Senior Level, Lead/Staff

$109K/yr - $139K/yr

8+ years exp

Tri-State Generation and Transmission Association, Inc. is a wholesale power supply cooperative that provides reliable and affordable energy services. The SEC Financial Research and Reporting Specialist is responsible for preparing and filing financial statements in compliance with GAAP, SEC, and FERC regulations, while also providing oversight and technical direction to the corporate accounting team.

Natural Resources

Responsibilities

Research, prepare, and perform multi-level consolidating financial statements (income statement, indirect cash flow statement, and balance sheet), ensure compliance with generally accepted accounting principles (GAAP), Federal Energy Regulatory Commission (FERC) guidelines (FERC Form 1), and Securities and Exchange Commission (SEC) requirements (10K, 10Q, 8K, proxy statements) for reporting to the Board, management, staff, and external reporting agencies

Prepare required financial statements both for internal and external distribution, including footnotes and Management Discussion and Analysis (MD&A) for the periodic filings

Research potential impact of new GAAP accounting, FERC accounting and SEC standards on financial statements and disclosures to assure that Tri-State is in compliance with GAAP, SEC, and FERC reporting requirements

Research technical accounting issues and treatment to assure that Tri-State is in compliance with GAAP, providing technical assistance to team members and acting as liaison to other departments in order to facilitate the proper flow of information

Research and assist in tracking GAAP to FERC differences, assuring all differences are appropriately captured and reconciled for FERC reporting requirements

Collaborate with other functional groups and key contributors to the SEC reports to obtain the necessary information to draft the appropriate descriptions and wording for footnotes and other disclosures in the 10-K and 10-Qs including Legal, Finance, Tax, Financial Planning and Analysis (FP&A), Supply Chain, Operations, Information Technology (IT), Environmental, People Resources and Marketing

Collaborate with Transmission Contracts, Rates & Policy group to provide appropriate information for FERC-filed OATT rates

Coordinate information requests and prepare supporting documentation and analyses to support the financial statements, footnotes and MD&A disclosures, including disclosure checklists and tie-out binders

Assist with detailed Xtensible Business Reporting Language (XBRL) and Inline (iXBRL) tagging of financial statements and footnotes

Work with external auditors in conjunction with the annual year-end audit and interim reviews, providing flux analysis explanations to explain variances, preparing audit schedules and reports as required; collaborate with auditors to resolve accounting matters in a timely manner

Resolve management and auditor review comments

Determine impact of new accounting standards and regulations from the Emerging Issues Task Force (EITF), the Financial Accounting Standards Board (FASB), and internal controls implications related to the Sarbanes-Oxley Act (SOX)

Review contracts for proper revenue recognition and lease accounting treatment

Continuously assess financial reporting and equity processes for improvements

Prepare reports/analyses and participate in other projects as needed

Ensure compliance with Sarbanes-Oxley Act (SOX) requirements

Coordinate activities within the corporate accounting group with regards to the general ledger close process to facilitate a timely and efficient monthly close process

Prepare written analyses and conclusions of monthly, quarterly and annual financial reports

Plan, implement and assure compliance with procedures for all general ledger functions

Advise employees and management of policies and procedures, FASB decisions and changing interpretations of generally accepted accounting principles and practices

Prepare special reports, financial analysis, calculations, and allocations as required and make recommendations as appropriate

Work to cross-train colleagues on tasks in order to maintain workload completion during absences

Ensure adherence to contractual commitments and ensure transactions are recorded and are appropriate

Adhere to and demonstrate compliance with appropriate electric utility industry regulatory requirements. Attain knowledge and remain knowledgeable of development in regulations, laws, standards and best practices applicable to the functional area including, but not limited to, Standards of Conduct, Environmental, Employment Law, NERC Reliability Standards and Safety. Must be familiar with, and comply with, all aspects of Corporate Policy C-54, Compliance

Demonstrate behavior consistent with Tri-State’s culture embodied in the Cooperative principles and spirit and core values of technical competency, respect and dignity, accountability, integrity, trustworthiness, and servant leadership to empower or otherwise enable others to optimally perform their job responsibilities. Demonstrate and promote ethics and behaviors consistent with Tri-State’s culture, Board policies, and business practices. Understand and fulfill the role and responsibility for all compliance programs within the company

Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job

Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job

Qualification

US GAAPSEC reportingFERC accountingOracle EBSAccounting principlesAccounting allocation proceduresUtility accountingMicrosoft ExcelMicrosoft WordMicrosoft PowerPointCPATeamworkCommunication skillsDetail-orientedCollaboration skills

Required

Bachelor's Degree in Accounting or related area

Extensive working knowledge of accounting principles and practices, US GAAP

Extensive knowledge of accounting allocation procedures, account validation rules and system interrelationships with general ledger

Extensive knowledge of local, state, and federal regulations, as applicable to accounting, and tax and current accounting issues; knowledge of SEC reporting; knowledge of FERC accounting and reporting; Electric Utility accounting desired

Ability to plan and organize workload, provided assistance, review and direct the work of others

Ability to communicate effectively, both in writing and verbally with other employees at all levels of the company

Extensive working knowledge of computers and software for accounting systems (Oracle EBS), and report writer applications (SAS, SAS FM)

Ability to perform detail work with a high degree of accuracy

Strong teamwork and collaboration skills

Eight (8) years of related professional level accounting experience in general ledger

Including two (2) years of senior or lead accountant experience

Must be able to demonstrate that he/she can perform all of the essential functions of the position