Principal Financial Reporting & Technical Accounting Analyst

SRP • Tempe, AZ

6d • Hybrid

About The Position

The Principal Accounting Analyst is a member of SRP's Financial Reporting Technical Accounting team and serves as a key technical accounting resource for the organization. The role interprets and applies complex U.S. GAAP guidance and accounting standards, leads accounting compliance and governance activities, and helps ensure the completeness, accuracy, and timeliness of SRP's financial reporting. It evaluates significant accounting matters, develops technical accounting positions, advises management and business partners, and supports internal and external audits, regulatory reviews, and financial reporting requirements.

The position evaluates complex transactions and arrangements, documents and communicates accounting conclusions, monitors and implements emerging standards, and collaborates with stakeholders across the organization. It also performs period-end close activities, supports internal controls over financial reporting, provides technical guidance and training, and contributes to special projects and strategic initiatives.

SRP offers a hybrid workplace: employees whose roles can be performed remotely and who have sufficient technical capability may 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.
• 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 environment and build productive relationships across the organization.
• Proficiency in Microsoft Office applications, including advanced Excel and PowerPoint.
• Must live and work in Arizona.
• Must be legally authorized to work in the United States; SRP does not sponsor H1B visas, OPT, or other employment-related visas.

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, providing guidance 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 financial statement disclosures.
• Evaluate, document, and communicate accounting conclusions for complex transactions, arrangements, contracts, and business initiatives.
• Prepare technical accounting memoranda, policy documents, presentations, analyses, and related financial statement disclosures.
• Monitor emerging accounting standards, assess their impacts to SRP, and lead implementation efforts as needed.
• 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, strategic initiatives, and other assigned duties.

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 PTO, including vacation days, holidays, floating holidays, and sick leave.
• Parental leave of up to four weeks and 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