Director, Financial Reporting - Corporate

Title: Director, Financial Reporting - Corporate 
Company: Tampa Electric Company 
State and City: Florida - Tampa
Shift: 8 Hr. X 5 Days

 

 

 

The Dir Financial Reporting - Corporate has the primary responsibility for financial reporting and Sox by directing the consistent and complete application of critical accounting policies and procedures for TECO Holdings and the operating companies.  Preparation and compliance of SEC documents and FERC reports; to include the accuracy, completeness, and timeliness of both internal (non-operating) and external financial reporting. Provides strategic direction on corporate-wide financial disclosure and accounting issues and the identification, analysis, and application of emerging accounting policies. Responsible for overseeing certain aspects of technical accounting research and analysis relating to account classifications, disclosure requirements and other matters related to external reporting. Oversees contract review, classification, and documentation for accounting treatment of variable interest entities, leases, and all derivative activities. Oversees Sarbanes-Oxley compliance for all areas mentioned as critical primary financial point of contact with Emera. 

   
PRIMARY DUTIES AND RESPONSIBILITIES 

1. Directs the financial reporting process and provides analytical review and support in the preparation of Tampa Electric Company SEC documents, FERC Form 1 for Tampa Electric Company and Emera external financial reporting support for TECO Holdings entities. Serves as the primary contact for external auditors and legal counsel in these processes.
2. Directs the SOX compliance function of TECO Holdings entities. Overseas the accounting, budgeting, and forecasting for TECO Holdings Parent operations, TECO Finance and most of the other non-regulated TECO Holdings subsidiaries.
3. Maintains current knowledge of proposed and final SEC rules and regulations relating to filing and disclosure requirements under Regulations S-K and S-X; proposed and final FERC rules and regulations relating to filing and disclosure requirements; and provides fundamental research and analysis of same. Directs the filing of the SEC quarterly report on Form 10-Q, the SEC annual report on Form 10-K, and any other 8-K filings as required.  
4. Directs the preparation of the monthly TECO Holdings management report; the quarterly and annual TECO Holdings financial statements, the completion and filing in proper form, of the Emera-required financial reports for non-operating companies, including monthly “flash” reports, forecasts and annual budget; and provides support for the TECO Holdings and Tampa Electric Company board materials as needed.
5. Responsible for TECO Holdings and EUSHI consolidation activity including but not limited to benefits, goodwill and AOCIA consolidations activity needed for the proper financial reporting of TECO Holdings financial results up to Emera corporate.
6. Provides strategically focused direction on the corporate-wide application of accounting standards and corporate-wide financial disclosure issues. This includes the oversight of company-wide technical research on accounting and disclosure treatment of unusual transactions. Also participates in technical accounting discussions and networks with peer industry organizations (EEI, AGA, etc.) and maintains current knowledge of proposed and final FASB rules and regulations.

 

QUALIFICATIONS 

Education
Required:      Bachelor’s degree in Accounting. 
Preferred:     Graduate degree in Finance, Accounting or MBA

 

Licenses/Certifications
Required:      CPA or other professional finance certifications

 

Experience
Required:      10 years of related accounting financial experience including external accounting reporting 
Preferred:      Experience with a public accounting firm

 

Supervisory Experience:
Required:     5 years of leadership experience

 

Knowledge/Skills/Abilities 

• Strong knowledge of US GAAP, SEC and FERC reporting and disclosure requirements.
• A thorough understanding of utility accounting and regulatory procedures & policies.
• Must be a strong facilitator with excellent communication skills and financial acumen.
• Ability to lead organizational efforts throughout TECO Holdings to meet financial reporting needs. 

LEADERSHIP COMPETENCIES

• Speaks up on Safety, Health and the Environment
• Takes Ownership and Acts with Integr