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Black Hills Energy Accounting Research – Manager or Senior Manager in Rapid City, South Dakota

Accounting Research – Manager or Senior Manager

Location: Rapid City, SD, United States

Job ID: 35292

Date Posted: Jun 10, 2024

Salary: $ 110900 to $ 183100 Annually

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Job Description

Job Specifications

Close Date: This position will close at midnight (CST) on June 28, 2024.

This is a key role within the Company’s Controllership team, responsible for providing guidance to accounting, regulatory, finance, and other cross-functional partners related to the appropriate application of GAAP (Generally Accepted Accounting Principles) and FERC (Federal Energy Regulatory Commission) accounting guidance and oversight of Internal Controls over Financial Reporting. Lead special projects for management including, but not limited to, accounting research and analysis, preparation of documentation and accounting memos, and oversee presentation and disclosure within SEC (Securities and Exchange Commission) and FERC filings.

SALARY RANGE: (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)

Manager: $110,900 – 183,100

Senior Manager:$121,850 - $201,260

REPORTING RELATIONSHIP: Director, Corporate Accounting


• Relocation assistance is available based on individual circumstances! Details to be shared during the offer process.

Manager - Essential Functions:

• Coordinate research and evaluation of technical accounting issues to ensure ongoing compliance with FERC, GAAP and other reporting requirements.

• Maintain strong understanding of GAAP, FERC and SEC pronouncements and regulations pertinent to the Company, including monitoring accounting bodies activities to determine future impacts to the Company.

• Oversee implementation of new accounting pronouncements; assess and document financial statement impacts.

• Support creation and implementation of strong accounting policies and procedures that adhere to FERC and GAAP and ensure organization maintains compliance with established policies and procedures through education and leadership.

• Conduct review of contracts identified through the contract approval process ensuring compliance with accounting pronouncements and policies.

• Partner with the organization to ensure compliance with established internal controls over financial reporting, including supporting the assessment of potential control deficiencies.

• Actively participate with Electric Edison Institute (“EEI”) and American Gas Association (“AGA”) organizations to facilitate proactively identifying issues impacting our industry.

• Guide employee development plans for direct report(s) to enhance their professional development. Determine and set priorities for direct reports.

• Cross-train to back up other areas of the Controllership, as needed.

Senior Manager – Essential Functions:

• Ensure GAAP and FERC accounting policies are proactively considered within regulatory filings and settlements with desired strategic outcomes.

• Support the analysis of new business opportunities determining appropriate accounting alternatives and treatment under FERC, GAAP and other reporting requirements; and advise management regarding accounting guidance to achieve business objectives.

• Drive timely and accurate completion of annual Goodwill impairment analysis, partnering with internal and external partners to complete comprehensive model.

• Manage key relationships with external auditors and industry task force committees.

• Champion continuous improvement and implement best practices/controls across all Controllership functions.

What You’ll Need:


• Bachelor's Degree Accounting, Finance, or an equivalent combination of education and experience is required.

• 5 or more years in a public accounting firm.

• Active CPA license; strong understanding of GAAP.

Senior Manager:

• Advanced degree, such as Master in Accounting or MBA, preferred.

• 7 or more years in a public accounting firm, divestitures and mergers and acquisition experience preferred.

• Active CPA license; strong understanding of GAAP and FERC.

• Prior experience within the utility industry and publicly traded company.

What is Desired or Can Be Taught:

• Project management experience.

• Strong technical accounting skills and thorough knowledge and understanding of accounting and reporting guidance and regulations issued by FASB, SEC, FERC, and other regulatory bodies.

• Experience and/or knowledgeable of Sarbanes-Oxley compliance requirements.

• Comfortable with ambiguity, ability to exercise excellent judgement and make decisions and operate independently with respect to complex issues and interrelated business requirements.

• Strong organizational skills and ability to prioritize while focusing on details.

• Strong working knowledge of financial, business, tax, and managerial accounting principles.

• Excellent written and verbal presentation skills with a strong ability to articulate and influence.

• Proven ability to develop and maintain effective internal and external business relationships.

• High intellectual curiosity that includes analytical and problem-solving skills.

• Proficiency in Microsoft office product and desire to learn new technologies, such as Power BI, automation tools and ERP systems.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.

About our Company:We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.

Candidates must successfully pass a pre-employment drug screen and background check.

Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran. If you require reasonable accommodation, please visit for more information.

Wage: 110900 to 183100

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