Plant and Cost of Energy Accounting Director

The Plant and Cost of Energy Accounting Director at NV Energy in Las Vegas, NV, oversees plant accounting and fuel/purchase power groups. Responsibilities include ensuring compliance with SEC and GAAP, preparing financial reports, managing regulatory filings, and developing analytical tools. The role requires supervision of staff, monitoring compliance, and supporting strategic initiatives within the company. This position is not remote, as it is based in Las Vegas.
Responsibilities

Basic Purpose

The Plant and Cost of Energy Director is responsible for directing and supervising the activities of the Plant Accounting and Fuel and Purchase Power groups and for supporting the various Company’s strategic initiatives. Ensures adequate accounting system controls for plant accounting, materials, transportation, inventories and the related accounting activities and transactions. Verifies and directs the teams’ technical knowledge of plant and fuel and purchase power accounting as it relates to SEC requirements and U.S. generally accepted accounting practices (“US GAAP”). The position directs the performance of various financial and strategic analysis as required and assists with various regulatory filings and orders issued by the Public Utilities Commission of Nevada.

Essential Duties and Responsibilities

Oversees the preparation and review of reports, analyses, journal entries and reconciliations related to plant and cost of energy related accounting for the Company. Responsible for ensuring the accuracy and timeliness of all documents prepared by staff for internal as well as external reporting purposes which includes financial statements, templates and various other deliverable from the plant and fuel and purchase power accounting areas.

Oversees the preparation of outputs from the Plant and Fuel and Purchase Power groups which includes regulatory rate reviews and deferred energy filings calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings. Manages fuel and purchased power recovery mechanisms and required filings. Manages the completion of various state and FERC reporting requirements.

Responsible for research, understanding and documentation of regulatory decisions relating to plant and cost of energy accounting orders. In addition supports the preparation and testifies, as needed, in testimony, regulatory responses to data request and other similar work, as needed. This position also maintains control documents related to plant and fuel and purchase power accounting as required under provisions of the Sarbanes-Oxley Act of 2002.

Helps support and develop the assumptions of the Company’s annual 10-year plan as it related to the areas of plant and fuel and purchase power accounting.

Directs the development and implementation of analytical tools such as performance metrics and benchmarking to identify gaps, efficiency gains and savings opportunities. Identifies process and report improvements for plant and fuel and purchase power accounting areas. Works with appropriate teams to implement improvements.

Ensures departmental operations and maintenance expenses and capital projects are delivered within approved spending limits.

Supervises production and review of corporate reports, investor presentations, rating agency presentations and other financial information required by management as it relates to plant and fuel and purchase power accounting areas.

Monitors and enforces all compliance requirements for area of responsibility.

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 Environment

Education and Work Experience

Must have a Bachelor’s degree in accounting or in a related field from an accredited school plus 8 years of related work experience. If degree is in a related field, applicant must have completed college-level coursework equivalent for Nevada CPAs. CPA required.

Specialized Knowledge and Skills

Demonstrated knowledge and experience of:
• Finance, accounting, budgeting and Generally Accepted Accounting Principles
• Utility and plant accounting
• Fuel and Purchase Power accounting
• Managing interdepartmental projects.

Demonstrated skills such as:
• Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal
• Oral and written communication, including presentation skills
• Interpreting accounting, financial and economic information
• Utilization of various modeling, analytical, accounting, monitoring, or reporting software
• Develops and maintains relationships with internal and external customers
• Project management; ability to prioritize and handle multiple issues and projects concurrently.

Equipment and Applications

PCs, word processing, spreadsheet software, compliance reporting and management tools (like PowerPlant) and large-scale ERP software (like Oracle Peoplesoft)

Work Environment and Physical Demands

General office environment. No special physical demands required.

Compensation

Annual Salary: $137,000 (Min) to $161,200 (Mid); Up to 20% 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