Manager, Corporate Accounting

POSTING DEADLINE

This position is posted until filled.

DEPARTMENT

Department: Corporate Accounting

PREFERENCES

CPA Preferred

JOB DESCRIPTION

Manager, Corporate Accounting

Salary Grade: G04

Minimum Midpoint Maximum

$104,766 - $141,434 - $178,102

Given the financial nature of this position, this position has been defined as a position requiring a credit check. Prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a credit background check.

SUMMARY:

Manages debt and equity related accounting requirements, pension accounting, FAS133 interest rate swaps, investments, and dividends. Administers incentive and stock-based compensation plans.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Prepares regulatory and GAAP analysis for new debt, equity, and investment accounting transactions

Reviews and approves all journal entries and reconciliation related to debt, equity, investment, dividends, benefits, incentive compensation, stock based compensation, and stock issuances

Acts as a liaison with external auditors regarding financial statement variances

Maintains SOX compliance in all department accounting functions

Participates in and coordinates applicable portions of acquisition projects

Provides information, including MD&A and footnotes, to external reporting as requested

Validates and approves applicable financial statements, including balance sheet and income statement

Analyzes accounts at period end and identifies and provides explanations for business drivers causing variances

Provides rate case support regarding recoverability of holding company costs, including analysis of major accounts

Provides accurate and timely recommendations and implementation plans on accounting interpretations for issues

COMPETENCIES:

Strong accounting skills, including a mastery of GAAP accounting concepts, internal control requirements, and financial statement presentation

Experience with business process improvements, managing resources to meet goals across multiple projects, and leading multidiscipline work teams

Ability to develop and manage relationships

Ability to think strategically and develop efficient solutions to diverse and complex business problems

Advanced project management skills

Strong leadership skills

Creativity to identify, formulate, and recommend viable alternatives and negotiate acceptable solutions with both subordinates and management

Ability to function consistently in a high stress environment, and to foresee and solve complex problems

QUALIFICATIONS

MINIMUM EDUCATION AND/OR EXPERIENCE:

Bachelor¿s degree in accountancy or business administration with six to seven years of accounting experience, to include two years of management experience, or equivalent combination of education and/or experience related to the discipline.

CERTIFICATES, LICENSES, REGISTRATIONS:

Certified Public Accountant designation is preferred.

SUPERVISORY RESPONSIBILITIES:

Hires, trains, coaches, evaluates, rewards, disciplines, and terminates employees. Determines staff responsibilities.

COMMUNICATION SKILLS:

Advanced verbal and written communication skills

Ability to effectively present information and respond to questions from various groups

Ability to write reports, business correspondence, and procedure manuals

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals

MATHEMATICAL SKILLS:

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume

Ability to apply concepts of basic algebra and geometry

COMPUTER SKILLS:

Knowledge of database, spreadsheet, word processing, and presentation software

ANALYSIS AND PROBLEM-SOLVING ABILITY:

Ability to solve complex practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

DECISION MAKING:

An open door discussion procedure exists with the General Accounting Senior Manager and informal guidelines exist which govern financial materiality thresholds, as well as possible company risk level for decision review.

SCOPE AND IMPACT:

Accountable for financial statements, including balance sheet and income statement. Accountable for work completed by the team.

PHYSICAL DEMANDS:

Ability to sit up to 2/3 of the time and to stand, walk, and stoop up to 1/3 of the time. Good vision and ability to adjust focus is required. Manual dexterity is required. Must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT:

Office environment.

SAFETY AND ADA STATEMENT

Safety Statement:

Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

Americans with Disabilities Act (ADA) Statement:

If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.