Senior Director, Accounting - Regulated Utility

About the Position

Senior Director, Accounting - Regulated Utility

Paramus, NJ, United States

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.

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.

Requirements

• 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

We Offer

• Competitive Salary: $200,000 to $225,000 Per Year.
• Comprehensive Benefits Package: Paid time off policies, health, dental, vision, life insurance, savings accounts, tuition reimbursement, paid volunteering, and more.
• Retirement Plan: Participation in an employer-sponsored 401(k) plan.
• Sick Leave: 56 hours; Observed Holidays – 11 days; Vacation – Flexible Time Off.
• Performance Bonus: Eligible for up to 20% Annual Performance Bonus.

About the Company

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.

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.