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Accounting Project Manager, SEC Reporting at PNM Resources – Albuquerque, New Mexico

PNM Resources
Albuquerque, New Mexico, 87102, United States
Posted on
Updated on
Recently UpdatedSalary:$94831 - $161213Industries:OtherJob Function:Accounting/Finance

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About This Position

POSTING DEADLINE

This position is posted until filled.

DEPARTMENT

Department: SEC Reporting

PREFERENCES

Public Accounting exp preferred.

JOB DESCRIPTION

Project Manager, SEC Reporting

Salary Grade: G05
Minimum Midpoint Maximum
$94,831 - $128,022 - $161,213

SUMMARY:

Has primary responsibility for PNMR's technical accounting research and analysis. Researches GAAP and regulatory requirements. Develops, updates, and maintains enterprise accounting policies. Provides timely and accurate recommendations of accounting interpretations to management and other groups for their decision-making purposes. Leads application of certain complex accounting pronouncements, including derivatives, goodwill impairment, and variable interest entities.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Analyzes and researches current, new, and proposed accounting pronouncements, regulatory requirements and other applicable rules and regulations to determine impact on the company

Works with various company representatives (legal, strategy, operations) to determine appropriate accounting for new transactions including contract review and accounting standard interpretation

Designs an implementation plan for new accounting pronouncements or regulations and manages implementation plans and communication

Advises on and reviews derivative transactions, including designation, mark to market, effectiveness testing, other applicable issues and financial statement disclosure

Responds to questions from auditors regarding external reporting and GAAP/regulatory issues; provides documentation as requested

Maintains documentation to validate internal controls over financial reporting for GAAP & Regulatory Analysis are operating effectively (SOX)

Serves as liaison for operations accounting groups to ensure consistency, completeness, and accuracy of application of GAAP and regulatory accounting

Provides information, including MD&A and footnotes, to external groups and management reporting as requested

Participates in projects for new system implementations and acquisitions/divestitures that involve GAAP & Regulatory Analysis

COMPETENCIES:

In depth knowledge of advanced accounting principles, reporting rules, and policies of regulatory agencies relevant to the company's operations

Extensive knowledge of GAAP and utility industry regulatory requirements

Ability to research, interpret, and apply technical pronouncements to actual situations; ability to develop alternatives, reach and support conclusions, document processes

Ability to plan and organize

Ability to meet scheduling and filing deadlines

Advanced leadership skills

QUALIFICATIONS

MINIMUM EDUCATION AND/OR EXPERIENCE:

Bachelor's degree from a four-year college or university with five to seven years of related experience or equivalent combination of education and/or experience related to the discipline.

Master's degree is preferred.

CERTIFICATES, LICENSES, REGISTRATIONS:

Certified Public Accountant designation is preferred.

COMMUNICATION SKILLS:

Ability to read, analyze, and interpret business periodicals, professional journals, financial reports, and legal documents

Ability to respond effectively to highly sensitive inquiries or complaints

Advanced written and oral communication skills

MATHEMATICAL SKILLS:

Ability to work with the concepts of probability, statistical inference, and financial analysis

Ability to apply the concepts of fractions, percentages, ratios, and proportions to practical situations

COMPUTER SKILLS:

Advanced knowledge of word processing, spreadsheet, database, and presentation software

ANALYSIS AND PROBLEM-SOLVING ABILITY:

Ability to solve complex practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Ability to apply abstract concepts to practical applications.

DECISION MAKING:

Must work with minimal supervisory direction. Must stay current on new GAAP and regulatory requirements and be self-motivated to research and provide advice on interpretations. Makes decisions within informal guidelines that govern financial materiality thresholds.

SCOPE AND IMPACT:

Accountable for the integrity of all interpretations of current and future GAAP and regulatory requirements.

PHYSICAL DEMANDS:

Ability to sit up to 2/3 of the time and to stand, walk, and stoop up to 1/3 of the time. Good vision and ability to adjust focus is required. Manual dexterity is required. Must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT:

Office environment.

DEGREES:
Bachelors Degree
Masters Degree

LICENSES / CERTIFICATIONS:
Certified Public Accountant

SAFETY AND ADA STATEMENT

Safety Statement:
Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

Americans with Disabilities Act (ADA) Statement:
If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.

Job Location

Albuquerque, New Mexico, 87102, United States

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