Job Overview

Devonshire Recruiting & Consulting Partners is in search of a Director of Financial Reporting & Controllership in Brooklyn, NYC. This role involves leading financial reporting, regulatory accounting, and controls for key operating companies. The Director will act as a strategic partner to the Divisonal CFO, FP&A, and Regulatory teams, ensuring the integrity and accuracy of financial statements, compliance, and alignment with both US GAAP and IFRS standards.

Key Responsibilities

• Support the VP, NYC-based Controller, and FP&A teams in delivering accurate and comprehensive financial statements and supporting information for local operating companies.
• Take accountability for the financial information of the NY operating companies, including all accounting judgments and estimates.
• Lead and oversee the accounting and reporting functions, ensuring compliance with IFRS, US GAAP, FERC, and state regulatory requirements.
• Review and approve external financial statements, group reporting packs, and analytical reviews for all New York operating companies.
• Establish and embed a robust controls culture across the Controllership team. Collaborate with Risk Controls and Compliance to prevent deficiencies, review evaluations, and implement remediation plans.
• Serve as the key contact for external auditors, ensuring the timely completion of annual audits and interim reviews.
• Review and approve technical accounting memos, including assessments for new or amended rate orders and annual goodwill impairment tests.
• Partner with the Regulatory team to provide expertise during rate case processes and other regulatory proceedings.
• Maintain strong relationships with Enterprise Business Services to ensure timely and accurate financial reporting.
• Collaborate with the FP&A team to deliver accurate forecast results, conduct monthly variance analyses, and provide input on budget and forecast comparisons.
• Work closely with Group Treasury on transactions such as 144A debt issuances affecting operating companies.
• Partner with the Divisional CFO team to deliver accounting and regulatory insights, supporting the broader US Finance function.

Required Qualifications

• Professional Certification: Chartered Accountant or CPA qualification with deep SOX experience.
• Experience: 10+ years of financial reporting, regulatory accounting, and controllership experience in a large organization.
• Technical Expertise:
  • Deep knowledge of IFRS, US GAAP, and FERC accounting and disclosure requirements.
  • Expertise in regulatory accounting principles (ASC 980) and industry-specific practices.
  • Transaction and close process management experience.

Required Skills:

• Strong analytical and communication skills to articulate complex financial topics in business terms.
• Proven ability to build and maintain relationships with internal and external stakeholders.
• Experience managing teams and influencing through matrix structures.