SOX Compliance and Financial Reporting Analyst I, II, III or Senior

Tri-State Generation and Transmission Association•Westminster, CO

5d•Hybrid

About The Position

This is a dual-functioning role supporting Tri-State’s annual Sarbanes-Oxley (SOX) compliance program and internal controls over financial reporting (ICFR), while also supporting the preparation and production of monthly internal and quarterly and annual external financial statements and reports. The position tests the design and operating effectiveness of ICFR across the enterprise, supports remediation of control deficiencies, prepares industry reports, researches accounting and regulatory developments, and provides technical direction to the Corporate Accounting team as needed. One position is available and will be filled at one of four job grade levels: Analyst I (grade 7), Analyst II (grade 8), Analyst III (grade 9), or Senior Analyst (grade 10). Placement depends on the selected candidate’s qualifications and experience and Tri-State’s business needs at the time of hire. The stated experience and education requirements describe the Senior level; candidates with less experience may be hired at the I, II, or III level. The role supports monthly internal financial reporting for the Board of Directors, management, and staff, as well as quarterly and annual FERC, GAAP, and SEC reporting. It also supports accounting research, audit work, financial reporting process improvements, and compliance with applicable company policies and regulations. Overtime at any time of day or week is considered an essential function because Tri-State provides continuous electric service.

Requirements

Bachelor’s degree in Accounting or a related area.
For the Senior level: eight or more years of related professional-level accounting experience in a general ledger and financial or compliance audit environment; candidates with less experience may be hired at a lower listed grade level.
Knowledge of the Sarbanes-Oxley Act of 2002 and corresponding requirements, particularly Section 404(a).
Working knowledge of the COSO 2013 framework, or ability to learn and apply its fundamentals.
Demonstrated experience identifying and evaluating risks and controls.
Demonstrated experience performing walkthroughs and control testing in complex subject areas such as asset retirement obligations, regulatory assets and liabilities, fuel inventory, and taxes.
Working knowledge of the FERC Uniform System of Accounts, FERC accounting principles and practices, and US GAAP accounting principles and practices.
Demonstrated experience researching FERC accounting and compliance subjects.
Working knowledge of accounting allocation procedures, account validation rules, and system interrelationships with the general ledger.
Extensive knowledge of applicable local, state, and federal accounting regulations, and knowledge of FERC and SEC reporting.
Ability to research accounting issues, draw conclusions, and implement appropriate accounting treatment.
Ability to plan and organize workload.
Ability to communicate effectively in writing and verbally with employees at all levels of the company.
Extensive working knowledge of computers and accounting systems software.
Ability to perform detailed work with a high degree of accuracy.
Strong teamwork and collaboration skills.
Ability to demonstrate performance of all essential functions of the position.

Nice To Haves

Three years of senior or lead accountant or audit experience.
Experience with Oracle EBS and Oracle Cloud.
Experience with report writer applications.
Experience in utility accounting.
Demonstrated experience with Workiva WDesk.
Demonstrated experience with AuditBoard’s SOXHUB.
CPA or progress toward CPA.
Advanced knowledge of Microsoft Excel, Word, and PowerPoint.

Responsibilities

Support the SOX Compliance Manager in carrying out the master SOX compliance schedule.
Test and document the design and operating effectiveness of internal controls over financial reporting (ICFR).
Interview process owners and document changes to internal processes; maintain current process flows and narratives.
Provide guidance to business owners and support remediation of identified gaps and control deficiencies.
Document control changes and updates in accordance with professional standards, including the COSO 2013 framework, and SOX program methodology.
Provide risk and control guidance for ongoing business activities and business change initiatives, including implementation and integration of SOX processes.
Maintain a complete electronic library of SOX project documentation and prepare and distribute requests for control testing evidence (PBC).
Serve as liaison among business control owners, IT control owners, and internal and external auditors regarding the annual SOX program.
Develop partnerships and alignment with organizational leaders and key stakeholders.
Collaborate with the SOX Compliance Manager on risk assessments, materiality analysis, deficiency evaluations, and strategic direction related to ICFR.
Initiate, document, and report deficiency evaluations.
Prepare monthly internal financial reports, alternating responsibility for reports to the Board of Directors, management, and staff.
Support quarterly and annual FERC, GAAP, and SEC financial reporting, including consolidation accounting, data gathering, reporting, and development or revision of MD&A language.
Research the effects of new accounting, FERC, and SEC standards on financial statements and disclosures, and draft audit memos documenting the enterprise’s accounting positions.
Work with FERC and SEC Research and Reporting Specialists to develop descriptions and wording for footnotes and other disclosures in FERC and SEC filings.
Develop and maintain a method to catalog evidence supporting financial reporting changes and link evidence to relevant footnotes and financial data.
Prepare and file industry-specific reports.
Manage and maintain accounting master data, including reporting hierarchies.
Support financial reporting through report development and maintenance.
Conduct balance sheet reconciliations as needed and review reconciliations for accuracy and completeness as requested.
Resolve management and auditor review comments.
Work with external auditors during the annual year-end audit and interim reviews.
Assess accounting and financial reporting processes for improvements.
Ensure subsidiary systems and records agree with general ledger control accounts and monitor reporting designs to keep them aligned with requirements.
Provide technical guidance to team members and liaise with other areas to facilitate information flow.
Maintain compliance with company policies and procedures and stay current on applicable regulations, laws, standards, and best practices.
Work overtime at any time of day or week when required as an essential function of the role.