Overview

We are Edison Electric Institute, the association that represents all U.S. investor-owned electric companies. Our members provide electricity for more than 235 million Americans and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 65 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.

Our Operating Principles are designed to foster growth and to enable every employee to harness and demonstrate the Power by Association that EEI represents. We will always:

• Create a Positive and Satisfying Work Environment – We will work together to create an environment that fosters professional growth.

• Deliver High-Quality Service – We must be motivated to provide member service that is prompt, responsive, accurate, and credible.

• Demonstrate Teamwork – We must embrace the concept of teamwork as achieved through effective communication, mutual respect, trust, creation of a sense of camaraderie, and cooperation on all tasks to meet customer needs.

• Focus on Results – We must set priorities, seek results, and devise, manage, and use creative ways to define and to measure success in achieving those results effectively and efficiently.

• Provide Value – We must strive to provide value to our member companies.

• Put Our Customers First – Our primary customers are our member companies. Each of us must work to deliver quality service in a positive and professional manner and must strive to exceed customer expectations every time a service is provided.

• Take Initiative – We are all empowered to take individual initiative and informed risk and to accept accountability in meeting the needs of our customers and of each other.

Responsibilities

We are seeking an accomplished and dynamic professional to join our team as the Senior Director, Accounting. As a key leader, you will play a crucial role in representing our organization on all matters related to accounting, financial reporting, and auditing. This position offers a unique opportunity to influence policy, collaborate with industry leaders, and drive strategic initiatives within a dynamic and evolving landscape.

As the Senior Director, Accounting, you will be responsible for:

• Policy Leadership: Coordinate the efforts of industry committees to provide policy leadership on accounting issues, maintaining direct liaison with key stakeholders including FASB, FERC, SEC, IASB, NARUC, National Office and Industry Partners of major accounting firms.

• Industry Position Development: Develop and advance industry positions on accounting and financial reporting issues, including filing industry comments with regulatory bodies. Lead consensus development and implementation of new accounting and reporting standards, with a focus on emerging ESG accounting and reporting issues.

• Task Force Coordination: Coordinate the work of industry task forces to develop positions on implementation issues and judgments, ensuring alignment with industry standards.

• Advocacy and Liaison: Maintain effective liaisons between EEI and key entities, including FASB, FERC, IASB, SEC, Industry Partners, and National Office Representatives of major accounting firms. Lead EEI's policy development and advocacy efforts before these institutions.

• Strategic Support: Provide strategic, technical, and managerial support to the Accounting Executive Advisory Committee, Chief Accounting Officers, and various committees. Direct similar support activities for related committees and task forces.

• Cross-Discipline Collaboration: Coordinate with other EEI disciplines, offering accounting, reporting, and auditing expertise to groups such as Investor Relations, Financial Analysis, Legal, Environmental, Federal Regulatory, and State Regulatory teams.

• Event Planning and Execution: Plan, coordinate, and execute key events including the annual Accounting Leadership Conference, Accounting Standards Committee annual meeting, and the Spring Accounting Conference. Oversee the annual Introduction and Advanced Utility Accounting Training and Utility Internal Audit Training.

• Department Oversight: Direct the activities, assignments, and responsibilities of the Accounting Department, including budget preparation and oversight of all accounting and auditing committees.

• Educational Seminars: Coordinate special educational accounting seminars, offering both group-live and group-internet-based formats, ensuring compliance with CPE requirements.

• CPE Accreditation: Maintain EEI's status as a registered provider of CPE with NASBA and the State of Texas.

If you are a strategic thinker with a passion for shaping industry standards and policy, we invite you to apply for this exciting opportunity.

Qualifications

• Bachelor’s degree in accounting, Finance, or related field; CPA strongly preferred

• At least 10 years of progressively complex professional experience including significant energy sector experience including both regulated and non-regulated businesses

• Experience in a leadership role pertaining to accounting policy or financial reporting of an energy company or major accounting firm is a plus

• Knowledge of GAAP and SEC rules, electric utility accounting, and FERC Uniform System of Accounts

• Ability to understand and articulate industry accounting issues

• Writing, analytical and leadership skills essential

• Able to coordinate work of task forces for preparation of issue comments

• Ability to interface with executive and senior management of member companies and regulatory bodies for the support of EEI accounting positions

Compensation

The salary range for this role begins at $175,000. Starting annual salary will be determined on individual qualifications. EEI also offers an annual performance incentive which is prorated for mid-year start dates. This incentive is typically up to 10% of base salary. We offer a competitive benefits package that includes medical, dental, vision, 401k, paid time off, tuition assistance, wellness incentives and programs, transportation subsidy, and professional development opportunities.

Office Protocol

This is a hybrid position which requires the incumbent to reside in the District of Columbia metropolitan area and come into the office a minimum of three days each week with two of the mandatory days being Tuesday and Wednesday.

Job Locations US-DC

Job ID 2024-1228

Category Accounting/Finance/Economics

Type FT - Full Time