Prin Financial Analyst - Technical Acct - Controller - Accounting Policy & Res
Detroit, MI, US
DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
Testing Required: Not Applicable
Apply by: Until filled
Location: Detroit - Walker Cisler Building
Bidding Restriction: 1 Year
Hybrid Role: This role is hybrid, with an established schedule of in-person work required at an assigned work location. Any remote work is expected to be performed from an employee’s primary residence, unless allowed (or prohibited) through the Company’s remote work guidelines.
Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.
Job Summary
***JOB CODE TO BE USED IN CFO ONLY***
Performs complex analytical work and research for the Accounting Policy & Research group, which coordinates and manages complex financial accounting and analysis relating to Generally Accepted Accounting Principles (GAAP) and Regulatory Accounting Principles (RAP) issues. Responsible for researching and providing accounting guidance based on accounting authoritative literature and pronouncements. Provides technical accounting and finance expertise on a wide range of accounting and business issues. Acts as lead analyst for team with minimal supervision. Provides expertise and guidance to other analysts and team members.
The External Reporting group’s responsibilities include the preparation and filing of the DTE Energy Form 10-K’s, Form 10-Q’s, and Form 11-K’s with the Securities and Exchange Commission (SEC). Also handles preparation and submission of annual and quarterly regulatory filings to the Federal Energy Regulatory Commission (FERC) and the Michigan Public Service Commission (MPSC).
Key Accountabilities
- Leads cross-functional groups in the implementation of new accounting pronouncements or accounting research related to financial statement presentation and disclosures
- Works directly with external auditors on resolving emerging accounting issues and reporting matters
- Facilitates and implements process improvements
Accounting Policy and Research
- Provides strategic accounting guidance on all accounting related matters
- Researches current and emerging complex accounting issues and implements related accounting policies and procedures with minimal supervision
- Ensures compliance with GAAP and regulatory accounting over complex topics
- Prepares accounting analysis and whitepapers with minimal supervision
- Analyzes complex business transactions and determines accounting treatment with minimal supervision
External Reporting
- Coordinates the preparation of external financial reports in compliance with SEC and other regulatory reporting requirements
- Prepares and reviews drafts of financial statements, footnotes, and management’s discussion and analysis
Minimum Education & Experience Requirements
- Bachelor's degree in Accounting, Finance or business related field and seven years of experience in auditing, financial accounting and/or financial reporting
Other Qualifications
Preferred:
- MBA
- CPA or five years of experience in public accounting
- Experience with SAP (Systems, Applications, and Products)
- Continuous improvement and process improvement experience
- Experience in the energy industry
Accounting Policy and Research
- Experience with application of ASC 815 related to complex derivative transactions and ASC 810 related to new acquisitions/contracts
Other Requirements:
- Comprehensive understanding of generally accepted accounting principles (GAAP) and SEC reporting requirements to ensure the Company’s compliance in external reports
- Experience in the application of a broad range of technical accounting and reporting requirements
- Ability to manage multiple projects simultaneously
- Ability to organize work independently and to work in teams. Ability to coordinate cross functional teams and projects
- Computer skills including experience with Microsoft Office suite
- Communicates well with others, including proficient verbal, nonverbal, and written skills
- Ability to concisely analyze, summarize and present information to various management levels (including senior and executive)
- Ability to respond quickly to changing customer requirements and changes in the business
- Ability to work overtime during peak reporting periods; flexibility in working hours required
- Creates and fosters a positive working environment within and across functional areas
- Willing to perform an emergency or storm assignment as needed
Additional Information
Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
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PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS
At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity, employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by applicable federal and/or state laws.
Nearest Major Market: Detroit