Sempra Infrastructure
Director of Consolidation & Financial Reporting (Houston or San Diego)
Sempra Infrastructure, San Diego, Texas, United States, 78384
Director of Consolidation & Financial Reporting (Houston or San Diego)
#25-72859
Location: Houston, Texas, USA or San Diego, California, USA.
Job Category: Accounting / Finance Full-Time Position: Full-time
Primary Purpose This key director role in the Controller's organization leads the Consolidation and Financial Reporting functions, overseeing 3-4 department managers in support of all three Sempra Infrastructure Partners (SIP) business lines. This function will lead consolidation of financial data from various subsidiaries into a single, accurate set of financial statements, ensuring compliance with US GAAP; and (2) lead the strategic direction and messaging of financial results to SI management, external equity partners, financial lenders and outside rating agencies, including directing the preparation of quarterly unaudited and annual audited financial statements and other monthly reporting of SI Partners.
Duties and Responsibilities
Provides vision and sets strategic direction related to the Consolidation and Financial Reporting organizations to ensure alignment across the organizations and three SIP business lines and participates as a key contributor in the CFO and Controller organizations.
Provides leadership and oversight to the Consolidation organization to ensure financial records and reporting adhere to U.S. GAAP, and Sarbanes-Oxley (SOX) requirements.
Oversees all aspects of the preparation and review of consolidated financial statements, including the consolidation of 100+ legal entities and databases, recording and reconciliation of complex areas such as NCI and AOCI.
Leads the preparation of balance sheets, income statements, and cash flow statements, for both internal management and external stakeholders.
Provides leadership and oversight to the Financial Reporting organization to provide direction on delivering and messaging of financial results to external parties, including SIP partners, lenders and outside agencies. Ensures compliance with U.S. GAAP, SEC regulations and other applicable financial reporting standards.
Leads a team of financial professionals and collaborates with internal and external stakeholders to maintain the integrity of financial data and reporting processes.
Leads cross‑functional initiatives, collaborates with planning, treasury, economic modeling, investor relations, legal, tax, and plays a key role in managing relationships with internal and external auditors, and if required, regulatory bodies.
Partners with the IT and other business functions in driving process improvements and system enhancements related to consolidation and reporting.
Supports the adoption and implementation of new accounting standards and accounting policies.
Directs and participates, as appropriate, the hiring and promoting of employees, the training and development of management and staff, the assignment, direction and review of their work, and compliance with policies and initiatives.
Performs other duties as assigned (no more than 5% of duties).
Required Qualifications
Bachelor's Degree in Finance, accounting, systems or related business administration field.
12 years of progressive accounting and/or finance experience with increasing leadership responsibility.
Knowledge of advanced accounting and financial theory normally acquired through graduate-level coursework or professional experience.
Demonstrated track record of strategic thinking, innovation and leadership, including executive presence.
Previous experience or equivalent training and/or experience.
Energy industry experience.
Experience in U.S. GAAP and SOX.
CPA or MBA.
Note, this position can be filled by individuals who reside in either Houston, TX or San Diego, CA.
Seniority Level Director
Employment Type Full-time
Job Function Accounting / Auditing and Finance Industries: Oil and Gas
Benefits Referral program: Increase your chances of interviewing at Sempra Infrastructure by 2x.
#J-18808-Ljbffr
Location: Houston, Texas, USA or San Diego, California, USA.
Job Category: Accounting / Finance Full-Time Position: Full-time
Primary Purpose This key director role in the Controller's organization leads the Consolidation and Financial Reporting functions, overseeing 3-4 department managers in support of all three Sempra Infrastructure Partners (SIP) business lines. This function will lead consolidation of financial data from various subsidiaries into a single, accurate set of financial statements, ensuring compliance with US GAAP; and (2) lead the strategic direction and messaging of financial results to SI management, external equity partners, financial lenders and outside rating agencies, including directing the preparation of quarterly unaudited and annual audited financial statements and other monthly reporting of SI Partners.
Duties and Responsibilities
Provides vision and sets strategic direction related to the Consolidation and Financial Reporting organizations to ensure alignment across the organizations and three SIP business lines and participates as a key contributor in the CFO and Controller organizations.
Provides leadership and oversight to the Consolidation organization to ensure financial records and reporting adhere to U.S. GAAP, and Sarbanes-Oxley (SOX) requirements.
Oversees all aspects of the preparation and review of consolidated financial statements, including the consolidation of 100+ legal entities and databases, recording and reconciliation of complex areas such as NCI and AOCI.
Leads the preparation of balance sheets, income statements, and cash flow statements, for both internal management and external stakeholders.
Provides leadership and oversight to the Financial Reporting organization to provide direction on delivering and messaging of financial results to external parties, including SIP partners, lenders and outside agencies. Ensures compliance with U.S. GAAP, SEC regulations and other applicable financial reporting standards.
Leads a team of financial professionals and collaborates with internal and external stakeholders to maintain the integrity of financial data and reporting processes.
Leads cross‑functional initiatives, collaborates with planning, treasury, economic modeling, investor relations, legal, tax, and plays a key role in managing relationships with internal and external auditors, and if required, regulatory bodies.
Partners with the IT and other business functions in driving process improvements and system enhancements related to consolidation and reporting.
Supports the adoption and implementation of new accounting standards and accounting policies.
Directs and participates, as appropriate, the hiring and promoting of employees, the training and development of management and staff, the assignment, direction and review of their work, and compliance with policies and initiatives.
Performs other duties as assigned (no more than 5% of duties).
Required Qualifications
Bachelor's Degree in Finance, accounting, systems or related business administration field.
12 years of progressive accounting and/or finance experience with increasing leadership responsibility.
Knowledge of advanced accounting and financial theory normally acquired through graduate-level coursework or professional experience.
Demonstrated track record of strategic thinking, innovation and leadership, including executive presence.
Previous experience or equivalent training and/or experience.
Energy industry experience.
Experience in U.S. GAAP and SOX.
CPA or MBA.
Note, this position can be filled by individuals who reside in either Houston, TX or San Diego, CA.
Seniority Level Director
Employment Type Full-time
Job Function Accounting / Auditing and Finance Industries: Oil and Gas
Benefits Referral program: Increase your chances of interviewing at Sempra Infrastructure by 2x.
#J-18808-Ljbffr