Senior Director, Accounting - Regulated Utility

Job description

Position Purpose: The Senior Director of General Accounting is a key leadership role responsible for overseeing and directing the company's general accounting, regulatory accounting, and management & services (M&S) accounting functions. This role will serve as a strategic partner to senior finance leadership, ensuring the integrity of accounting records, compliance with regulatory requirements, and the continuous improvement of accounting processes. The ideal candidate brings deep technical accounting expertise in both US GAAP and IFRS, strong leadership capabilities, and a forward-thinking mindset toward digital innovation and process transformation. Primary Duties/Responsibilities: Provide day-to-day leadership, direction, and oversight to the General Accounting, Regulatory Accounting, and M&S Accounting teams, ensuring accurate and timely execution of all accounting activities. Monitor and review journal entries, account reconciliations, and transactional activity to ensure accuracy and compliance with GAAP, IFRS and applicable regulatory accounting standards. Ensure timely and accurate completion of regulatory accounting entries, regulatory assets and liabilities roll-forward, and deferred cost tracking in accordance with ASC 980 and applicable regulatory requirements. Review M&S cost allocations and inter-company billings to ensure proper recording and compliance with cost allocation methodologies. Review and approve balance sheet account reconciliations, ensuring all reconciling items are properly documented and resolved within established timelines. Support Rates and Regulatory Affairs (RRA) during rate case proceedings, providing financial data, testimony support, data requests and accounting analysis as required. Oversee the preparation and submission of annual regulatory reports and support RRA for any other required regulatory filings. Partner with FP&A, Tax and business unit leaders to provide accounting insights and historical data analysis to support budgeting and forecasting, business decision making, and process optimization. Serve as a point of contact for external auditors during the annual audit, managing the preparation of audit schedules, responding to auditor inquiries, and ensuring timely resolution of audit findings. Conduct periodic performance reviews for direct reports, establish individual development plans, and identify training and growth opportunities to build team capabilities. Identify, champion, and lead process improvement initiatives across the general accounting, regulatory accounting, and M&S accounting functions to enhance efficiency, accuracy, and scalability. Partner with Internal Control and Compliance to strengthen the internal control environment and proactively address control gaps or deficiencies. Education/Experience/Background: Bachelor’s degree desired in Accounting, Finance or related field. Masters in Business Administration or CPA license is a plus. 10-15 years of progressive accounting experience with experience managing accounting teams. Demonstrated experience managing month-end and year-end close processes in a multi-entity environment. Proven ability to lead, develop, and retain high-performing accounting teams. Experience with the implementation of State Public Utility Commission Rate Orders. Knowledge and Expertise in: Regulatory accounting of regulated utilities in the United States Generally Accepted Accounting Principles (GAAP) requirements IFRS accounting requirements Knowledge/Skills/Abilities: Exceptional strategic thinking with ability to translate complex financial data into executive insights that drive enterprise decision-making and long-term value. Deep expertise in U.S. GAAP and specialized mastery of ASC 980 - Regulated Operations, with ability to advise on emerging standards and regulatory implications. Proven ability to influence C-suite, Board members, and diverse stakeholders on strategic financial matters. Leader with a track record of building high-performing teams, developing future leaders, and driving organizational excellence. Strategic change agent with proven success leading enterprise-wide finance transformations, system implementations, and organizational restructuring. Advanced knowledge of enterprise risk management, internal controls (COSO, SOX), and governance, with the ability to design control environments that balance risk and efficiency. Trusted business partner to senior leadership, aligning finance operations with enterprise strategy to drive competitive advantage. Proven ability to build cross-functional relationships and influence outcomes across organizational boundaries. Pay Range: $200000 to $225000 Per Year. Benefits: Veolia’s comprehensive benefits package includes paid time off policies, as well as health, dental, vision, life insurance, savings accounts, tuition reimbursement, paid volunteering and more. In addition, employees are also entitled to participate in an employer sponsored 401(k) plan, to save for retirement. Sick leave – 56 hours; Observed Holidays – 11 days; Vacation – Flexible Time Off Eligible for up to 20% Annual Performance Bonus. We are an Equal Opportunity Employer! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law. Veolia in North America is the top-ranked environmental company in the United States for three consecutive years, and the country’s largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. Veolia helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Veolia has more than 10,000 employees working at more than 350 locations across North America.