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Director of Finance

Rolle Schmidt & Associates Rapid City, SD
  • Expired: over a month ago. Applications are no longer accepted.

Public Company

Significant Growth Opportunities!

For High Potential Candidates

Great opportunity with a high growth company! Our client is a multi-billion-dollar corporation with corporate headquarters in Rapid City, SD.

The Director, Fixed Asset and Property Department leader is responsible for maintaining accurate fixed asset books and records and providing timely and accurate data required for accounting, analysis, and reporting of Company’s fixed assets. This position is responsible for all aspects of the Company’s fixed asset functions including compliance with Generally Accepted Accounting Principles (GAAP), Federal Energy Regulatory Commission (FERC), regulatory requirements, and Sarbanes-Oxley. This position will play a key strategic role in the Company’s operational and regulatory initiatives.

ESSENTIAL FUNCTIONS

  • Develop a strategic vision and provide leadership to the Fixed Asset Accounting Department comprised of 9 people.
  • Lead department on producing accurate and timely accounting records for all fixed asset additions, transfers and retirements and depreciation and amortization including journal entries, documentation, account and subsystem reconciliations, roll forward schedules (where applicable) and reports.
  • Maintain strong understanding of capitalization rules, regulations and industry best practices and provide leadership and educational support to the organization to ensure costs are capitalized in accordance with rules and regulations.
  • Partner with Financial Management to provide accurate and timely fixed asset information, detailed variance analysis and data investigation and issue resolution.
  • Partner with Operations to proactively educate, respond to questions and assist with issue resolution.
  • Partner with Regulatory in support of regulatory filings including drafting testimony, responding to data requests, providing recommendations on cost recovery and testifying (when necessary). Maintain solid understanding of state specific requirements related to fixed asset tracking to ensure accuracy of reporting in support of asset recovery through riders and/or rate reviews.
  • Partner with Tax to provide accurate and timely data for tax accruals, audits and filings.
  • Partner with Internal Audit to review and resolve audit findings in a proactive approach.
  • Review and maintain compliance with Cost Allocation Manual as it relates to fixed assets.
  • Identify areas in current processes and procedures for improvement, provide recommendations for change to management and implement improvements by leveraging industry best practices.
  • Develop and maintain a knowledgeable, effective and motivated property accounting team.

QUALIFICATION REQUIREMENTS

  • Bachelor of Science in Accounting, Finance or related discipline required.
  • CPA, MPA, CMA or MBA a plus
  • Ten (10) plus years of accounting, financial and business experience required.
  • Solid understanding of and experience in fixed asset accounting.
  • Electric and/or natural gas utility property accounting experience preferred.
  • Leadership experience required.
  • Experience with PowerPlan or a similar software system required.

Rolle Schmidt & Associates

Rolle Schmidt & Associates, Inc. is a professional search firm that focuses on servicing our client's recruitment needs. We excel at getting to know our clients - their business; their people; and their culture. This results in efficient searches and "RIGHT FIT" placements for our clients and their new employees. Founded in 1994 in St. Paul, Minnesota, we represent public and privately held entities in a broad variety of industries from coast-to-coast. We have helped our clients build their companies by placing hundreds of qualified candidates in all areas of their business, including accounting, finance, human resources, manufacturing, operations, sales, marketing, information technology, and engineering. Our placements range from entry level to the corner office positions. Our commitment is to find the best possible candidates for our clients. Our staff uses extensive recruitment tools that allow us to present thoroughly interviewed, referenced and qualified candidates who have expressed a specific interest in the opportunity set forth by you, and who have the necessary skills. Our goal is to establish long-lasting relationships with clients and candidates.

Address

Rapid City, SD
USA

Website