Position Summary
The Sr. Director, Non-Utility and Accounting Strategy is responsible for leading the Company's non-utility accounting function and providing strategic direction over technical accounting, benefits accounting and accounting for new business growth.
This role drives consistency in accounting policy application, and serves as a key advisor to senior leadership on complex accounting matters, new transactions, and strategic initiatives.
Tasks and Responsibilities
Leadership and Organizational Oversight
- Lead and develop the Technical & Benefits Accounting and Non-Utility Accounting teams, ensuring clear priorities, strong performance management, and ongoing capability development.
- Establish clear accountability across teams for quality and accuracy, compliance, analysis and strategic thinking, and process execution.
- Foster a high-performing, collaborative environment and build strong cross-functional relationships across Finance and the broader business.
Technical Accounting and Policy Leadership
- Oversee accounting research and evaluation of complex transactions, contracts, and new business activities, ensuring appropriate accounting treatment and documentation.
- Serve as the Company's senior accounting subject matter expert across key areas including consolidation, leasing, revenue recognition, investments, derivatives, impairments, and the accounting for rate-regulated entities.
- Monitor and assess new accounting standards for utilities specific issues, coordinate with implementation efforts, and ensure alignment across the organization.
- Oversee development and maintenance of business unit specific accounting policies and procedures, ensuring consistency with corporate standards and regulatory requirements.
Benefits Accounting Oversight
- Provide strategic oversight of accounting and reporting for all employee and retiree benefit plans, including pensions, health and welfare plans, and defined contribution plans.
- Ensure appropriate accounting treatment, audit readiness, and financial reporting compliance for all benefit-related activities.
- Advise leadership on financial and accounting implications of benefit plan strategies and cost assumptions.
Non-Utility Accounting and Reporting
- Oversee the monthly close process and production of financial statements for non-utility operations, ensuring accuracy, timeliness, and compliance with GAAP and regulatory requirements as required.
- Ensure strong coordination with internal and external auditors and oversee audit deliverables and timelines.
- Partner with senior leadership to support financial statement reviews, filings, and reporting requirements.
- Provide strategic support and financial oversight for non-utility business leaders.
Strategy, Change, and Continuous Improvement
- Lead accounting strategy across non-utility and technical areas, ensuring alignment with business priorities and regulatory expectations.
- Oversee finance change control processes to identify and assess impacts of business changes on financial reporting.
- Drive continuous improvement in non-utility accounting processes, systems, and controls, including identifying opportunities to enhance efficiency and effectiveness.
- Lead cross-functional initiatives to improve finance processes and support business growth and transformation.
Qualifications, Skills and Abilities
- Bachelor's degree in Accounting or related field required; Master's degree preferred.
- 10+ years of progressive accounting experience, including significant experience in technical accounting and financial reporting.
- CPA strongly preferred.
- Deep knowledge of GAAP and experience applying accounting guidance to complex transactions.
- Strong leadership experience with proven ability to manage and develop high-performing teams.
- Experience working with auditors, regulatory requirements, and internal controls (SOX compliance).
- Excellent communication, analytical, and problem-solving skills, with the ability to influence senior leadership.
- Experience in the utility or regulated energy industry preferred.
We offer a competitive salary range of $214,200 to $326,100 per year, commensurate with experience, education, and skills. In addition, we provide a comprehensive benefits package including health insurance, retirement plans, and paid time off.
WGL Energy
Washington États-Unis
www.wgl.com/
