Corporate Controller

Posted 4 Days Ago
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Corning, NY, USA
In-Office
125K-175K
Senior level
Energy • Utilities
The Role
Oversee accounting and financial functions for the company and subsidiaries, produce consolidated financial statements and reports, coordinate audits, budgets, forecasts, cash and debt management, regulatory and lender reporting, and develop internal controls and accounting systems while supporting CFO on tax, financing, and new business initiatives.
Summary Generated by Built In

Description

JOB SUMMARY:

The Corporate Controller oversees the accounting and financial functions of the organization. Duties include financial planning, managing financial processes and handling budgets for Corning Energy Corporation (“CEC”) and subsidiaries', and ensuring all accounting tasks follow financial regulations and reporting requirements to keep the company in compliance. The Corporate Controller is responsible for preparing, on a monthly, quarterly, and annual basis, consolidated balance sheets, income statements, statements of cash flow, statements of shareholder’s equity, rate base for each of our three operating utilities, and consolidated EBITDA. The Corporate Controller is the principal liaison with the Company’s external auditor and is responsible for all financial reports required by Argo. The Corporate Controller is also responsible for preparation of reporting packages to the Company’s lenders.

ESSENTIAL FUNCTIONS: 

  • Prepares monthly operating reports and other statistical reports for presentation to the Board of Directors.
  • Submits finance related materials as requested for rate cases.
  • Maintains loan fund records and prepares loan fund requisitions.
  • Assists our consultant in developing financial forecasts and annual budgets.
  • Coordinates efforts to ensure effective cash management.
  • Oversees preparation of the annual budget and workplan.
  • Assists the CFO in communicating with financial institutions concerning debt activities.
  • Oversees the maintenance of property records.
  • Coordinates the annual independent audit and effectively works with auditor.
  • Assists the CFO in handling all tax matters.
  • Coordinates with management on new business development and diversified services, including preparing and analyzing strategies, business plans, and financial data.
  • Supports the CFO with overall finance control, including effective cash and debt management.
  • Prepares annual reports for various financial and government agencies.
  • Prepares monthly report to Argo.
  • Along with the CFO, assists in forming internal financial policies, procedures, and controls.
  • Supports the maintenance of the general ledger including related subsidiaries.
  • Prepares, supports, or delegates all monthly, quarterly, or annual filing.
  • Ensures the company has sufficient and effective accounting systems.
  • Completes special projects and other duties as assigned.

WORK ENVIRONMENT: 

  • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.
  • This job requires long periods of sitting, manual dexterity, and repetitive finger motion.
  • Hearing and vision are required for this position.
  • Ability to lift up to 10 pounds.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. 

Requirements

KNOWLEDGE, SKILLS, AND ABILITIES:

  • Understands accounting principles and procedures as they relate to the financial statement of a utility company, including general and subsidiary ledgers, and has complete familiarity with the financing and operation of a utility company.
  • Technical ability to analyze, design, and create various statistical reports as directed.
  • Capability to produce correspondence, reports, user-friendly spreadsheets, databases, and other documents that are accurate and clearly understood.
  • Effective communication skills to ensure information is clearly understood by recipients.
  • Strong sense of urgency, personal initiative, and drive to work effectively under extreme deadlines and changing priorities without close supervision.
  • Strong understanding of financial and accounting standards and regulations.
  • Strong organizational and time management skills required.

EDUCATION AND EXPERIENCE:

  • Bachelor’s degree in accounting, finance, or related field required. Master’s degree or CPA preferred.
  • Five or more years’ experience in financial management and accounting principles with a utility company preferred.
  • Advanced skills in Microsoft Excel, especially in pivot tables and data management are preferred.
  • Experience in resolving complex accounting transactions and issues.
  • Experience with financial reporting, budgeting, governmental accounting, utility accounting, and financial audits is preferred.
  • Advanced competency with financial software and technology preferred.

Skills Required

  • Bachelor's degree in accounting, finance, or related field
  • Master's degree or CPA
  • Five or more years' experience in financial management and accounting principles
  • Experience with utility accounting, rate base preparation, and governmental/regulatory reporting
  • Advanced skills in Microsoft Excel, including pivot tables and data management
  • Experience resolving complex accounting transactions and issues
  • Experience with financial reporting, budgeting, and financial audits
  • Advanced competency with financial software and technology
  • Understanding of accounting principles and procedures for utility companies, including general and subsidiary ledgers
  • Ability to analyze, design, and create statistical and operational reports
  • Ability to produce accurate correspondence, reports, spreadsheets, and databases
  • Effective communication skills
  • Strong organizational and time management skills; ability to work under deadlines with changing priorities
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The Company
65 Employees

What We Do

Corning Natural Gas Corporation is a local natural gas distribution company serving approximately 15,000 customers across 23 towns and villages in the Southern Tier and Central regions of New York State. Operating 425 miles of mains, the company specializes in selling and transporting natural gas to a diverse range of commercial, industrial, residential, and wholesale customers throughout its service area.

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