Financial Reporting Manager

CenterPoint Energy; Houston (TX); On-site; USD 80,000 - 130,000; Full time

Job summary

An established industry player seeks a Financial Reporting Manager to lead financial consolidations and SEC reporting. This dynamic role involves ensuring compliance with U.S. GAAP and SEC regulations while developing effective internal controls. You will collaborate with various departments, manage financial reporting processes, and maintain a robust financial reporting structure. The company values an inclusive work environment and offers competitive pay, professional growth opportunities, and a flexible work schedule. Join a team committed to delivering energy and value to millions while advancing your career in a supportive setting.

Benefits

Paid Training

Flexible Work Schedule

Paid Time Off

401(k) Savings Plan with Company Match

Access to Discounts at Fitness Clubs

On-site Wellness Center

Tuition Reimbursement

Qualifications

• 7+ years of relevant experience in financial reporting and compliance.
• Strong understanding of U.S. GAAP and SEC regulations.

Responsibilities

• Lead the financial reporting process, ensuring compliance with SEC and GAAP.
• Coordinate with external auditors during financial audits.

Skills

U.S. GAAP

SEC Reporting

Financial Consolidations

SAP BPC

Accounting Research

Analytical Skills

Education

Bachelor's Degree in Accounting

CPA Certification

Tools

SAP BPC

Workiva

Job description

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our vision to lead the nation in delivering energy, service, and value drives our strategy and performance. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

Our Commitment

CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities, and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that reflects the available workforce in the communities we serve.

Job Description

The Financial Reporting Manager is responsible for leading and managing a department responsible for monthly financial consolidations and quarterly and annual SEC financial reporting, including the review and preparation of Forms 10-K and 10-Q. This role partners with other finance and accounting functions to ensure the success of the organization in establishing and maintaining an effective internal control environment compliant with the Sarbanes Oxley Act of 2002 (SOX). The Financial Reporting Manager is also responsible for maintaining a sound financial reporting control structure through the development of systems and procedures, supporting technical accounting conclusions, and performing analytics.

Essential Functions

1. Ensure compliance with SOX, SEC, and other local standards and requirements
2. Coordinate all aspects of the financial reporting process to prepare and review external financial statements, footnotes, and MD&A for SEC reports including Forms 10-K and 10-Q, in compliance with U.S GAAP and SEC rules and regulations
3. Ensure accurate and timely filing of all required SEC financial statements and other SEC filings
4. Coordinate all aspects of the financial reporting process to prepare and review standalone external financial statements
5. Work cross-functionally with the accounting research team and other groups to anticipate potential accounting impacts and recommend practical solutions associated with business transactions
6. Maintain an in-depth understanding and analysis of significant and unusual transactions to assess their impact for U.S. GAAP and SEC disclosure purposes
7. Thorough understanding of ASC 230 and statement of cash flows reporting
8. Ensure timely and accurate monthly financial consolidations in accordance with GAAP and company policies
9. Product owner for SAP BPC Consolidations module including testing of consolidation processes and reports for systems updates and implementations
10. Coordinate with external auditors and serve as a key contact during quarterly reviews and the annual financial statement and controls audit process
11. Collaborate with departments and managers regarding the reporting processes and information required for proper and timely disclosures, including managing supporting documentation
12. Maintain awareness of business activities and the related regulatory environment to effectively manage and comply with all regulatory reporting requirements and disclosures

Education

• Bachelor’s degree or higher in accounting required
• CPA certification required

Experience

• Minimum seven (7) years of relevant experience, with at least two years of SEC reporting experience with a publicly traded company
• Strong technical knowledge of U.S. GAAP and SEC accounting and reporting requirements
• Big 4 public accounting and energy industry experience preferred
• SAP BPC system and EPM reporting tools experience preferred
• Workiva financial reporting platform experience preferred

Benefits

• Competitive pay
• Paid training
• Benefits eligibility begins on your first day
• Transit subsidies
• Flexible work schedule, paid holidays, and paid time off
• Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
• Professional growth and development programs including tuition reimbursement
• 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution