Cleco Accounting Policy & Research Advisor in Pineville, Louisiana
Depending on the volume of applications, this position may close to external applicants before the job posting end date expires.
The Accounting Policy & Research Advisor is a master/expert level individual contributor professional with deep and extensive knowledge of Technical Accounting policy, practices and concepts. The incumbent ensures the overall compliance of technical accounting issues and will partner with the Director of Technical Accounting and Controls to identify, evaluate, debate, and document complex technical and Operational Accounting issues. The incumbent is responsible for ensuring that all accounting records, policies, and procedures are in accordance with generally accepted accounting principles (GAAP) and compliant with all regulatory orders and laws. The incumbent acts as a liaison between key operations and accounting personnel, participates in financial research activities, and interprets and communicates professional pronouncements, opinions or statements of the FASB, FERC or the SEC, as applicable, across all affiliated Cleco companies. The incumbent analyzes, understands, and communicates accounting implications of future transactions or proposed projects. The incumbent provides guidance about accounting-related regulatory matters and ensures compliance with Sarbanes-Oxley Act.
Monitor the activities of all accounting standard setting bodies (e.g., FASB, SEC, FERC, AICPA, EITF, etc.); evaluate research and identify changes in accounting principles or practices and communicate the impact on Cleco and its affiliate
Participate in the planning and implementation of detailed Accounting policies surrounding US GAAP and other Accounting standards as relevant; prepare and organize accounting documents in line with Cleco’s accounting policies; work closely with business leaders and other corporate teams to prepare, determine, and maintain these policies
Draft white papers and position papers on the Cleco’s position around technical accounting topics and monitor and update corporate accounting policies; assist with various special projects and supporting other Finance functions as necessary
Participate in the preparation of SEC filings by providing updates to Financial Reporting on the Summary of Significant Accounting Policies and Critical Accounting Policies disclosures in the 10-Q’s and 10-K’s
Plan, direct and coordinate research of technical accounting issues related to Cleco, and share findings with external auditors regarding Cleco’s evaluation of technically complex transactions
Recognized as a technical expert for accounting policy research within the organization; provide technical accounting support to Cleco’s business units in their assessment of accounting issues
Develop solid business relationships becoming a trusted advisor with key functional leaders and stakeholders to proactively support business objectives for Technical Accounting
Participate in the review of external reporting to ensure public disclosure is complete and accurate; consult with independent auditors on accounting matters and disclosure requirements as required
Stay up to date on industry leading practices and contribute innovative ideas to drive continuous improvement of Technical Accounting service delivery and processes; drive automation and the integration of current systems (e.g., SAP) and analytical techniques to enhance/streamline current operations and enhance efficiency
Bachelor’s degree in Finance, Accounting, or Business, Master’s preferred
7+ years of related experience in Accounting Policy & Research
Experience in researching and clearly documenting Accounting issues and applicable Accounting standards
Experience with Accounting and Financial strategy development
Experience with Financial Systems (e.g., SAP) preferred
Experience with Microsoft tools and applications required
Strong analytical and critical thinking skills to interpret Finance KPIs/metrics and derive insights into actionable opportunities
Strong project management, communications, writing, speaking, and listening skills
Proficient at functioning effectively within a team environment, present ideas and opinions in a respective and collegial manner
Strong customer focus and employee experience mindset
Knowledge of GAAP, Technical Accounting Internal Control processes
Governance and Internal Control
Industry and Business Knowledge
Cleco Corporate Holdings LLC is a regional energy holding company that conducts its business operations through two subsidiaries, Cleco Power and Cleco Cajun. Headquartered in Pineville, Louisiana, and in business since 1935, the company has almost 1,500 employees.
Cleco Power is a regulated electric public utility that owns 10 generating units with a rated capacity of 3,360 megawatts, 1,335 miles of transmission lines and 12,152 miles of distribution lines. Cleco Power uses multiple generating sources and multiple fuels to serve approximately 290,000 customers in 24 of Louisiana's parishes through its retail business and supplies wholesale power in Louisiana and Mississippi. Parishes served include Acadia, Allen, Avoyelles, Beauregard, Calcasieu, Catahoula, DeSoto, Evangeline, Grant, Iberia, Jefferson Davis, LaSalle, Natchitoches, Rapides, Red River, Sabine, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Vermilion, Vernon and Washington.
Cleco Cajun is an unregulated utility company that owns 14 generating units with a rated capacity of 3,379 MWs and wholesale contracts serving nine Louisiana cooperatives, three wholesale municipal customers and one electric utility.