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Senior Financial Analyst (Technical Accounting Research) in Columbus, OH at NiSource

Date Posted: 9/12/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Columbus, OH
  • Date Posted:
    9/12/2018
  • Job ID:
    921657

Job Description

Introduction

The Financial Analyst provides value-added financial services to both internal and external customers. The incumbent may assume responsibility for financial activities, including but not limited to reviewing and interpreting the impact of financial reporting proposals promulgated by governing bodies; preparing analytical studies on historical, forecast, and pro-forma financial data; developing comprehensive financial data reports for both internal and external customers; and providing other needed expertise and reporting to accurately reflect and manage financial matters.

Responsibilities

Essential Responsibilities:

  • Identifies and understands issues, problems, and opportunities; compares data from different sources to draw conclusions; uses effective approaches for choosing course of action or developing appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences. (Professional Judgment)
  • Compile, organizes and formats data, including qualitative analysis required for internal and external reporting. Identifies and researches reporting issues, provides recommendations, assists with the adoption of new reporting requirements. (Reporting)
  • Recognizes situations where the regulatory framework and rate case outcomes drive our business; Supports regulatory initiatives by gathering data and preparing regulatory schedules and/or preparing pro-forma calculations, testimony and data requests; Assists with review and analysis of regulatory documents; Appreciates the application of the regulatory construct to our business. (Regulatory)
  • Understands terminology and developments. Knows when to and can apply technical knowledge to processes, procedures, and tasks. (Technical/professional knowledge and Skills)
  • Demonstrates a working knowledge of financial statements, metrics and measures, and key strategic business initiatives; Understands and utilizes economic and industry data as it relates to job responsibilities (Business Acumen)
  • Demonstrates a working knowledge of the operating plan and role in the F&A organizaiton; has a general knowledge of other department's role in the F&A organization; collaboratively develops solutions between corporate and businss units. (Understanding F&A)business Demonstrates our commitment to quality by documenting work fully and accureately. (Documentation of Work Performed)

Technical Accounting Responsibilities:

  • Research complex business transactions and provide the appropriate accounting guidance to the business.
  • Evaluate the impact of new or revised rules of the FASB, AICPA, SEC and other agencies
  • Coordinate and monitor the integration of newly promulgated accounting standards into accounting policies and processes.
  • Prepare response letters to FASB and SEC exposure drafts that impact NiSource or the public utility industry.
  • Develop and maintain corporate accounting policies and procedures.
  • Document conclusions in technical accounting memos that address complex accounting issues, non-recurring transactions, new accounting guidance, etc.
  • Design and implement workflows to assist in the compliance with GAAP and SEC disclosure requirements.
  • Keep current with emerging accounting and reporting guidance and trends including FASB standards and interpretations, and SEC releases and speeches. Prepare summaries that include the potential impacts to the Company. Present findings to affected business partners.
  • Review financial reports of other utilities and SEC registrants and recommend and implement enhancements to NiSource's SEC reports and disclosures.
  • Technical accounting areas of focus: stock-based compensation, goodwill impairment analysis, leases, revenue recognition, regulated operations, capitalization vs. expense, pension and other postretirement benefits, materiality, debt and equity financings, hedging and derivatives, diluted EPS, financial statement presentation.
  • Interface with external auditors to ensure timely completion of financial statement audits and reviews.
  • Develop quarterly accounting issues summary.
  • Prepare certain disclosures and analysis (footnotes, MD&A, etc.) for the SEC fillings.
  • Consult in the economic analysis of business opportunities and proposals.
  • Identify and understand emerging business issues affecting the company and energy industry and provide accounting recommendations to address the issues.
Qualifications

Technical Accounting Desired Skills, Knowledge and Experiences

  • High ethical and moral character.
  • Strong technical accounting skills and current understanding of GAAP, SEC reporting and Sarbanes-Oxley requirements.
  • Effective communication of key messages to all audiences, regardless of medium.
  • Ability to respectfully support conclusions in the face of disagreement or challenge.
  • Experience researching technical accounting issues, building consensus with key stakeholders and documenting / communicating conclusions.
  • Demonstrated ability to manage business partner relationships through use of informal authority.
  • Innate curiosity and desire for continuous learning.
  • History of challenging the status-quo and execution of process improvements.
  • Demonstrated ability to independently coordinate projects and manage multiple priorities.
  • Proven background of developing teammates and effectively delegating work. 
  • Understanding of the regulated utility industry.
  • Experience with the following software applications: Oracle financial (PeopleSoft, Hyperion), Powerplant, GTreasury, Concur, Ariba, MS Office, Workiva.

Knowledge, Skills and Abilities for Accounting Financial Analyst Job Family:

Accounting Senior Financial Analyst:

  • Knowledge proficiency of Finance and Accounting principles, including the relationships between segments of the financial statements and communicating the context of financial scenarios. (e.g. balance sheet, income statement, and cash flow)
  • Knowledge proficiency of GAAP to analyze complex transactions; identifies accounting issues, researches applicable GAAP standards and consults with department management to develop and implement solutions.
  • Prepares regulatory financial statement and schedules, including routine regulatory filings, pro-forma calculations, testimony and data requests; assists with review and analysis of rate case support, new rate orders and accounting orders.
  • Analyze information from a variety of sources to detect trends, associations, cause-effect relationships and other anomalies and make recommendations.
  • Effectively manage time to ensure deadlines are met and quality is achieved by ensuring work is free from errors, omissions, or defects.
  • Consistently builds relationships and work collaboratively with different parts of finance as well as other parts of NiSource.
  • Takes action to accomplish work goals, achieve results beyond what is required, and be proactive

Key Work Experience/Education:

All analyst levels

  • Requires 4 year degree in business discipline
  • Requires knowledge of PC applications
  • Prefer CPA

Senior Analyst

  • 2-4 years of experience in finance, accounting, regulatory or a related field
  • Requires multiple functional experience

Additional Information: 

  • This position is within the financial analyst job family.  The financial analyst job family experience is used for employee development.  The goal of the financial analyst job family is to provide analyst an opportunity to broaden their knowledge and skills through on the job learning experiences, or cross functional experience.  This position would begin in one of the following departments: Gas, Electric, Fixed Assets Accounting, Accounts Payable Accounting or General Accounting.
Inclusion & Diversity

Value inclusion within your day to day responsibilities by respecting others' perspectives/convictions, engaging others' opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration.  Actively participate in creating and contributing to a positive work environment.


How To Apply

For immediate consideration, please apply on-line at careers.nisource.com before October 9th!

Equal Employment Opportunity

NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.

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