Accountant Senior/Consultant - Revenue & Regulatory Accounting

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Date: Jun 25, 2024

Location: PHOENIX, AZ, US, 85004-3903

Company: APS

Arizona Public Service generates clean, reliable and affordable energy for 2.7 million Arizonans. Our service territory stretches across the state, from the border town of Douglas to the vistas of the Grand Canyon, from the solar fields of Gila Bend to the ponderosa pines of Payson. As the state’s largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.

Since our founding in 1886, APS has demonstrated a strong commitment to our customers in one of the country’s fastest growing states, earning a reputation for customer satisfaction, shareholder value, operational excellence and business integrity.

Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.

Summary

The Accountant Senior/Consultant for the Revenue & Regulatory Accounting Team is primarily responsible for managing the accounting, reporting and regulatory compliance related to revenue and regulatory matters. This role will primarily support ACC and FERC regulatory matters including ACC Retail Rate Cases and the FERC Formula Rate/ACC Transmission Cost Adjustor (TCA) as well as other regulatory adjustor mechanisms, revenue recognition, jurisdictional financials and compliance filing matters. The candidate selected for this role will have the opportunity to expand their knowledge and expertise in the ever-changing regulatory environment, including regulation (ACC and FERC), rate cases, formula rates, adjustor mechanisms, testimony preparation, and much more. This role will serve as an F&A liaison across the organization and partner with stakeholders throughout the company in scenario analysis, strategy, decision-making, alignment and communication in a wide range of regulatory matters. There is also opportunity to network with regulatory experts and professionals outside the organization.

Desired skills for this position:

• Strong analytical skills to interpret complex regulations and financial data.

• Attention to detail for accurate reporting and compliance.

• Proficiency in financial modeling, forecasting, and data analysis.

• Excellent communication and collaboration abilities to work with cross-functional teams.

• Understanding of regulatory frameworks, such as FERC (Federal Energy Regulatory Commission) rules for utilities.

• Knowledge of industry-specific regulations.

Minimum Requirements

Accountant Senior

• BS degree in accounting, finance or related field and three (3) years relevant experience or an equivalent combination of education and experience.

• MBA, MS in Accounting and/or CPA certification preferred.

• Comprehensive understanding of generally accepted accounting principles (GAAP) and internal controls.

• Strong analytical, research and problem solving skills and ability to communicate effectively.

• Advanced knowledge of computer spreadsheet and word processing software programs (Microsoft Office).

  Accounting Consultant

• BS degree in accounting, finance or related field with five years of experience (2 years preferred within an electric-utility environment) or an equivalent combination of education and experience.

• MBA, MS in Accounting or CPA certification preferred.

• Thorough knowledge of accounting theory (GAAP), FERC and ACC requirements, and working knowledge of accounting and related systems.

• Strong analytical, research and problem solving skills and ability to communicate effectively with Executive management.

• Must possess a broad business perspective, problem solving skills, strong interpersonal, communication and consulting skills.

Major Accountabilities

1) Prepares a variety of accurate and timely financial reports that are highly complex, participant billings, rate case studies and responds to information requests.

2) Analyzes and reconciles a variety of accounts and reports that are highly complex, and maintains financial reporting systems.

3) Perform a variety of highly complex economic studies to evaluate a range of standard business issues, proposals and alternatives.

4) Models financial activity to produce a variety of highly complex corporate financial targets and forecasts.

5) Supports regulatory and competitive strategies, analysis and findings.

6) Contributes to the development of department policies and procedures, accounting manuals and FERC regulations.

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

Arizona Public Service is a smoke free workplace.

Flex Role:

This position is not required to be performed at a specific APS facility as long as adequate technology and a solid ergonomic set up are present. Pending agreement with leadership, employees hired into this role will be able to choose where they prefer to perform their work, but the ultimate decision is the company's. Employees will have two options to choose from:

• APS office based: The employee prefers to work most of the time from an APS facility.

• Home based: The employee prefers to work most of the time from his/her home.

*Employees in Flex roles are required to reside in Arizona (or NM for Four Corners-based employees). Role types are subject to change based on business need.