2025-06-27
MidAmerican Energy Company
Other
/yr
employee
contract
Des Moines
Iowa
50307
United States
Position Title: Controller
Location: Des Moines, IA, United States
Description:
The Controller plays a crucial role in overseeing financial operations in accordance with US GAAP and ensuring compliance within the Company. This leader will bring with them, a deep understanding of financial regulations, utility industry practices, and strong leadership skills to effectively manage financial reporting, as well as assisting in budgeting and forecasting. This position is also responsible for the establishment and maintenance of accounting principles, practices and procedures for the maintenance of fiscal records and the preparation of financial reports. The Controller will oversee external and internal financial reporting, general ledger close, energy and risk accounting, and accounting systems for the Company.
Responsibilities:
Provides executive leadership oversight to the operations of the accounting organization, including the monthly close and management reporting. Oversees the establishment and maintenance of accounting policies and procedures.
Responsible for leadership oversight to the preparation of all filings with the U.S. Securities and Exchange Commission, Federal Energy Regulatory Commission, Berkshire Hathaway Energy and other external annual and quarterly financial statements. Ensures compliance with federal, state, foreign and local regulations and laws including the U.S. Securities and Exchange Commissions, Sarbanes-Oxley, Federal Energy Regulatory Commission, Foreign Corrupt Practices Act and other laws and regulations.
Owns the compliance with generally accepted accounting principles, internal controls and the research, resolution and documentation of all accounting and reporting deliverables issues.
Supports reporting and data requests for regulatory filings. Stays up-to-date with regulatory changes impacting the utility industry. Provides written and oral testimony in rate cases on accounting policies and financial statements, as necessary.
Reviews and analyzes weekly, monthly, quarterly and annual financial results from plan, forecast and prior periods resolving open questions and issues as identified.
Responsible for the integration and consolidation of all financial reporting related to all companies and reporting to Berkshire Hathaway Energy. Develops relationships and helps identify and drive best practices across Berkshire Hathaway Energy and other affiliated companies. Establishes and implements short- and long-term accounting organization goals, objectives, policies and operating procedures. Identifies and implements process improvements.
Oversees the maintenance of the company's accounting systems and directs the information technology strategy for the accounting organization.
Directs the financial audits and acts as the primary contact within the organization with the independent auditors. Develops accurate budgets based on departmental and business unit plans; controls expenditures within budgeted levels to support those plans.
Provides insight and assistance to the company's business plan including identifying potential risks and opportunities for financial performance improvement.
Develop and mentor the accounting team with a focus on advance communication, high transparency, minimizing surprises, and effective partnership with leaders cross-functionally.
Maintains sensitive and confidential information regarding company information.
Supports the company's employee policies and procedures, including workplace safety rules.
Monitors and enforces all compliance requirements for area of responsibility.
Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.
Fosters a culture of continuous improvement and professional development within the finance department.
Performs related duties as assigned.
Qualifications:
Bachelor's degree in Accounting, Finance or related field from an accredited school plus 8 yearsof related work experience. Previous utility and leadership experience preferred. Certified Public Accounting (CPA) designation and work experience preferred.
Demonstrated knowledge of:
PI274331855
