Principal Financial Reporting & Technical Accounting Analyst

SRP • Tempe, AZ

1d • Hybrid

About The Position

The Principal Accounting Analyst is a member of SRP’s Financial Reporting Technical Accounting team and serves as a technical accounting resource for the organization. The position interprets and applies complex U.S. GAAP guidance and accounting standards, leads accounting compliance and governance activities, and helps ensure SRP’s financial reporting is complete, accurate, and timely. It evaluates significant accounting matters, develops technical accounting positions, advises management and business partners, and supports audit, regulatory, and financial reporting requirements.

The role evaluates complex transactions and arrangements, documents and communicates accounting conclusions, monitors emerging standards, and leads implementation efforts as needed. It also performs period-end close activities, supports internal controls over financial reporting, and provides technical guidance, training, and mentorship. SRP offers a hybrid workplace, with eligible employees able to telework up to three days per week. Employees must live and work in Arizona.

Requirements

• At least 10 years of professional experience.
• Bachelor’s degree relevant to the assignment from an accredited institution.
• Certified Public Accountant (CPA) certification required.
• Strong analytical, problem-solving, and critical-thinking skills, with attention to detail.
• Strong written, verbal, interpersonal, and presentation skills, including the ability to communicate complex accounting concepts clearly and effectively.
• Ability to organize and prioritize competing responsibilities, work independently, and deliver accurate results within established deadlines.
• Ability to collaborate effectively in a team and build productive relationships across the organization.
• Proficiency in Microsoft Office applications, including advanced Excel and PowerPoint.
• Legally authorized to work in the United States.
• Must live and work in Arizona.

Nice To Haves

• Large ERP experience, preferably SAP.
• A degree in a business or relevant analytical field, such as Accounting, Finance, Business Administration, Economics, or Management Information Systems.

Responsibilities

• Serve as a technical accounting subject matter expert, advising on U.S. GAAP, emerging accounting standards, and complex accounting matters.
• Evaluate and account for complex transactions and arrangements involving derivatives (ASC 815), fair value measurements (ASC 820), asset retirement obligations (ASC 410), leases (ASC 842), variable interest entities (ASC 810), and revenue recognition (ASC 606), including related disclosures.
• Evaluate, document, and communicate accounting conclusions for complex transactions, contracts, arrangements, and business initiatives; prepare technical accounting memoranda, policy documents, presentations, analyses, and financial statement disclosures.
• Monitor emerging accounting standards, assess their impact on SRP, and lead implementation efforts as necessary.
• Collaborate with organizational stakeholders to obtain and evaluate information supporting accounting conclusions.
• Execute period-end close activities, including journal entries and account reconciliations.
• Support internal and external audits, regulatory reviews, and compliance activities by preparing technical documentation and communicating accounting positions.
• Support compliance with internal control requirements over financial reporting by evaluating control design and effectiveness, identifying control gaps and risks, and recommending process and control improvements.
• Provide technical guidance, training, and mentorship to accounting personnel and business partners.
• Lead or participate in special projects and strategic initiatives, and perform other duties as assigned.

Benefits

• Pension plan at no cost to the employee.
• 401(k) plan with employer matching.
• Medical, vision, dental, and life insurance available from the first day.
• Over 200 hours of paid time off, including vacation days, holidays, floating holidays, and sick leave.
• Parental leave of up to four weeks.
• Adoption assistance.
• Wellness programs, including access to a recreation and fitness facility.
• Short- and long-term disability plans.
• Tuition assistance for undergraduate and graduate programs.
• Employee Resource Groups for career development, community service, and networking.
• Competitive pay and performance incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal