MidAmerican Energy Company
Financial Reporting Manager
MidAmerican Energy Company, Des Moines, Iowa, United States, 50319
Financial Reporting Manager
MidAmerican Energy Company
Job Description The Financial Reporting Manager oversees the assembly of MidAmerican Funding and MidAmerican Energy quarterly and annual reports to the Securities and Exchange Commission (SEC), Federal Energy Regulatory Commission, Iowa Utilities Board and the Illinois Commerce Commission. The role interacts daily with BHE accounting and finance personnel and various groups within MidAmerican Energy Company. The Manager prepares GAAP financial statements, including statements of cash flow and other data, and analyzes these reports for quality control. The Manager represents MidAmerican Energy on BHE’s accounting standards committee, evaluates and interprets new accounting guidance and coordinates its implementation. The Manager mentors corporate accounting staff on accounting and regulatory requirements and routinely advises other accounting and operations management on accounting and financial matters. The Manager works interactively with external auditors in the context of the annual audit, quarterly reviews and comfort letter engagements.
Responsibilities
Coordinate and assist with SEC, FERC, IUB and ICC financial and regulatory reporting on behalf of MidAmerican Funding, LLC and MidAmerican Energy Company, including data accumulation, disclosure formulation, communication with BHE corporate accounting staff, evaluation and implementation of accounting guidance, conversion of data into SEC‑mandated file‑ready format, and application of procedures and internal controls. (40%)
Originate financial data for monthly internal financial reports and periodic regulatory compliance and rate filings. (10%)
Represent MidAmerican Energy’s interests and positions on BHE’s accounting standards committee, evaluating and coordinating implementation of new accounting guidance. (15%)
Report, analyze and interpret financial, regulatory and operating data for management and corporate functions, including product margin, cost analysis, profitability analysis, regional geographic assessments, pricing analysis and ad‑hoc analysis for management and business unit leaders. (10%)
Coordinate with the organization in the preparation of periodic reports to BHE senior management and Board of Directors. (10%)
Provide accounting assistance to personnel and various departments throughout the organization. (10%)
Perform additional responsibilities as requested or assigned. (5%)
Qualifications
Bachelor’s degree in accounting, finance or business; master of business administration or certified public accountant preferred. (Typically six years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor’s degree.) One to two years in a senior technical/leadership role. (7 years of related experience, including two years in a senior technical/leadership role)
Superior research and analytical skills with experience in financial and regulatory analyses.
Advanced leadership skills to provide direction and guidance to individuals and/or teams toward the achievement of goals.
Effective interpersonal skills with the ability to work independently and as part of a team.
Effective analytical, problem‑solving and decision‑making skills.
Ability to maintain confidentiality of information.
Effective verbal and written communication skills; ability to develop and conduct presentations.
Strong project management skills; the ability to prioritize and handle multiple tasks and projects concurrently.
Strong personal computer skills; proficiency in Word, Excel, Access, DB2 and PowerPoint; demonstrated ability to understand and utilize computer systems and applications for analysis.
Employees must be able to perform the essential functions of the position, with or without an accommodation.
We celebrate diversity, equity and inclusion, and we are proud to be an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Position descriptions are developed as guides for the employees of MidAmerican Energy Company. The management team of MidAmerican Energy Company reserves the right to modify job responsibilities and position requirements to meet the corporate business goals and needs.
About Us MidAmerican Energy Company, a Midwest utility, provides regulated electric and natural gas service to more than 1.6 million customers in Illinois, Iowa, Nebraska and South Dakota. The company owns and operates a portfolio of power‑generating assets, approximately 61% of which is wind generation.
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Job Description The Financial Reporting Manager oversees the assembly of MidAmerican Funding and MidAmerican Energy quarterly and annual reports to the Securities and Exchange Commission (SEC), Federal Energy Regulatory Commission, Iowa Utilities Board and the Illinois Commerce Commission. The role interacts daily with BHE accounting and finance personnel and various groups within MidAmerican Energy Company. The Manager prepares GAAP financial statements, including statements of cash flow and other data, and analyzes these reports for quality control. The Manager represents MidAmerican Energy on BHE’s accounting standards committee, evaluates and interprets new accounting guidance and coordinates its implementation. The Manager mentors corporate accounting staff on accounting and regulatory requirements and routinely advises other accounting and operations management on accounting and financial matters. The Manager works interactively with external auditors in the context of the annual audit, quarterly reviews and comfort letter engagements.
Responsibilities
Coordinate and assist with SEC, FERC, IUB and ICC financial and regulatory reporting on behalf of MidAmerican Funding, LLC and MidAmerican Energy Company, including data accumulation, disclosure formulation, communication with BHE corporate accounting staff, evaluation and implementation of accounting guidance, conversion of data into SEC‑mandated file‑ready format, and application of procedures and internal controls. (40%)
Originate financial data for monthly internal financial reports and periodic regulatory compliance and rate filings. (10%)
Represent MidAmerican Energy’s interests and positions on BHE’s accounting standards committee, evaluating and coordinating implementation of new accounting guidance. (15%)
Report, analyze and interpret financial, regulatory and operating data for management and corporate functions, including product margin, cost analysis, profitability analysis, regional geographic assessments, pricing analysis and ad‑hoc analysis for management and business unit leaders. (10%)
Coordinate with the organization in the preparation of periodic reports to BHE senior management and Board of Directors. (10%)
Provide accounting assistance to personnel and various departments throughout the organization. (10%)
Perform additional responsibilities as requested or assigned. (5%)
Qualifications
Bachelor’s degree in accounting, finance or business; master of business administration or certified public accountant preferred. (Typically six years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor’s degree.) One to two years in a senior technical/leadership role. (7 years of related experience, including two years in a senior technical/leadership role)
Superior research and analytical skills with experience in financial and regulatory analyses.
Advanced leadership skills to provide direction and guidance to individuals and/or teams toward the achievement of goals.
Effective interpersonal skills with the ability to work independently and as part of a team.
Effective analytical, problem‑solving and decision‑making skills.
Ability to maintain confidentiality of information.
Effective verbal and written communication skills; ability to develop and conduct presentations.
Strong project management skills; the ability to prioritize and handle multiple tasks and projects concurrently.
Strong personal computer skills; proficiency in Word, Excel, Access, DB2 and PowerPoint; demonstrated ability to understand and utilize computer systems and applications for analysis.
Employees must be able to perform the essential functions of the position, with or without an accommodation.
We celebrate diversity, equity and inclusion, and we are proud to be an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Position descriptions are developed as guides for the employees of MidAmerican Energy Company. The management team of MidAmerican Energy Company reserves the right to modify job responsibilities and position requirements to meet the corporate business goals and needs.
About Us MidAmerican Energy Company, a Midwest utility, provides regulated electric and natural gas service to more than 1.6 million customers in Illinois, Iowa, Nebraska and South Dakota. The company owns and operates a portfolio of power‑generating assets, approximately 61% of which is wind generation.
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