Manager, Fuel & Purchase Power at NV Energy

Posted in Other about 12 hours ago.

Location: Reno, Nevada





Job Description:

NV Energy


Position Title: Manager, Fuel & Purchase Power

Job ID: 107330

Location: Reno, NV


Facility: Sierra Plaza

Department: Chief Accounting Officer

Full/Part Time: Full-Time

Regular/Temporary: Regular

Travel Percentage: None

Description:

Responsibilities

Basic Purpose

Responsible for planning, directing and managing the activities of the Fuel and Purchase Power department to ensure accurate and timely reporting of fuel costs and related purchases. Develops, monitors and updates adequate accounting system controls for fuel purchases and the related accounting activities and transactions. Obtains technical knowledge of cost accounting as it relates to SEC requirements and U.S. generally accepted accounting practices (“US GAAP”). Responsible for coordinating, reviewing and approving documents that assist in complying with filing of required reports with the United States Securities and Exchange Commission ("SEC"), Federal Energy Regulatory Commission (“FERC”) and other required external financial reporting for the Company. Provides direction, technical assistance, guidance and review to fuel and purchase power accounting team members. Works independently with minimal guidance needed and performs work on special projects and/or multidisciplinary and interdepartmental projects.

Essential Duties and Responsibilities

Manages the preparation, review and approval of reports, journal entries and reconciliations related to fuel and purchased power costs of the Company. Monitors the cost of sales accounting area and develops and implements corrective actions for noted issues.

Manages the preparation, review and approval of key deliverables used for the preparation and filing of required reports with the SEC, FERC and other required external financial reporting for the Company.

Monitors and interprets regulatory orders and developments in all jurisdictions as they impact accounting issues to ensure appropriate accounting and reporting changes are made. Ensures that the Company’s regulatory accounting records comply with all regulatory orders and decisions. Develops and initiates remedial action in instances of noncompliance.

Manages SOX sections 302 and 404 compliance initiatives to maintain and keep current all documentation of internal controls over financial reporting related to fuel costs. Performs internal control activities and ensures accurate performance of activities within department with no significant deficiencies or material weaknesses.

Manages fuel and purchase power accounting personnel to ensure that corporate, divisional, departmental and unit goals and objectives are achieved within scheduled timeframes.

Participates in preparing rate case, including the deferred energy accounting adjustment case, statements and schedules, responses to data requests and testimony by reviewing and approving deliverables. Supports all cost of fuel accounts in filings and regulatory proceedings and testifies as required.

Provides operating personnel and management with accounting support and decisions on major projects to ensure that all fuel and purchase power reports are timely and accurate.

Develops and monitors the proper allocation of fuel costs according to GAAP and FERC principles.

Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.

Performs related duties as assigned.

Requirements

Essential Education, Skills, and EnvironmentEducation and Work ExperienceBachelor’s degree from an accredited school in accounting or a related field and 6 years of related work experience. If degree is in a related field, applicant must have completed college-level coursework equivalent for Nevada CPAs. Specialized Knowledge and SkillsDemonstrated technical knowledge and understanding of:
  • Finance, accounting, budgeting and U.S. Generally Accepted Accounting Principles
  • Utility accounting
  • Managing interdepartmental projects
  • Various modeling, analytical, accounting, monitoring, or reporting software
Demonstrated skills such as:
  • Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal
  • Interpreting accounting, financial and economic information
  • Prioritize and handle multiple issues and projects concurrently
  • Developing and maintaining positive relationships with internal and external customers
Equipment and ApplicationsPCs, word processing, spreadsheet software, compliance reporting and management tools and large-scale ERP software. Work Environment and Physical DemandsGeneral office environment. No special physical demands required.

Compensation

Annual Salary: $115,900 (Min) to $136,300 (Mid); Up to 15% Short Term Incentive Plan target opportunity at the discretion of the company. This is a non-represented position.

Benefits

We offer the following benefits for non-represented employees. For represented employees, we offer many similar benefits plans and programs with specific terms negotiated in the collective bargaining agreement.

  • Medical
  • Pharmacy
  • Dental
  • Vision
  • Life Insurance & AD&D
  • Wellness
  • Flexible Spending Accounts
  • 401(k) fixed contribution – company contributes 4% regardless of employee’s contribution
  • 401(k) match – company matches 100% of the employee’s first 6% contribution; immediate vesting
  • Adoption assistance
  • Tuition Assistance
  • Paid Time Off (PTO)
  • 12 paid holidays
  • Parental leave
  • Military leave
  • Bereavement leave
  • Short-term and long-term disability
  • Identity Theft Protection – company paid
  • Visit our Corporate website for detailed information and other benefits offered

EOE/Veteran/Disability

At NV Energy, we celebrate diversity, equity and inclusion. NV Energy is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

If you have a disability under the Americans with Disabilities Act or similar law, and you wish to discuss potential accommodations related to applying for employment at our company, please contact Human Resources via email at HumanResources@nvenergy.com or call our HR Help Desk at (702) 402-5500 and select '0' or Fax your request at (702) 402-0031. TTY Sensory Impaired - 711

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