Vistra Corp.

Accounting Director - Financial Reporting and Technical Accounting

Vistra Corp.$150K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; MBA preferred
  • 10+ years of experience in Accounting or a related field
  • 7+ years of managerial or supervisory experience
  • Preferred experience in the Energy industry
  • CPA preferred with comprehensive knowledge of U.S. GAAP
  • Strong leadership and communication skills, along with problem-solving abilities

Responsibilities

  • Set quality standards and drive continuous improvement within the department
  • Shape department culture and mentor future leaders in accounting and finance
  • Act as a subject matter expert to provide support across departments
  • Offer strategic guidance for internal systems improvement
  • Support finance transformation and process improvement initiatives
  • Collaborate with senior executives to provide financial insights and decision support
  • Maintain and enhance accounting policies, procedures, and internal controls

Benefits

  • Hybrid work environment
  • Opportunity to lead and develop a team
  • Engagement in strategic finance transformation efforts
  • Exposure to high-stakes capital market activities
  • Collaboration with senior leadership on strategic decisions
Full Job Description
Job Summary
The Accounting Director of Financial Reporting and Technical Accounting leads critical aspects of the department by ensuring the accuracy, completeness, and timeliness of SEC filings, evaluating complex transactions, and supporting capital market activities, while monitoring evolving accounting standards.

Job Description

Key Accountabilities
  • Sets standards for quality of work, develops the department vision and drives continuous improvement and standardization across their team.
  • Responsible for shaping department culture and mentoring the development of future leaders in the accounting and finance areas.
  • Provides support to other departments as a subject matter expert
  • Provides strategic expertise to support maintenance and improvements of internal systems.
  • Supports finance transformation initiatives and process improvement efforts.
  • Partners with senior executives and operational teams to deliver financial insights and decision support.
  • Maintains and enhances accounting policies, procedures, and internal controls.


Role Specific Accountabilities:
  • Oversees the preparation and review of SEC financial statements in collaboration with Legal and other stakeholders.
  • Evaluates accounting and disclosure impacts of complex transactions, contracts, and legal or environmental obligations.
  • Reviews commitment committee requests for financial reporting implications.
  • Supports capital market activities, including technical accounting assessments and reporting requirements.
  • Monitors and analyzes the impact of new or pending accounting standards on the company's financial reporting.


Education, Experience, & Skill Requirements
  • Education: Bachelor's degree in Accounting, Finance, or related field, MBA preferred
  • 10+ years of experience in Accounting or related field
  • Experience preferred in the Energy industry
  • 7+ years experience as a Manager / Supervisor
  • Skills:
  • CPA preferred
  • Comprehensive knowledge of U.S. GAAP
  • Fundamental understanding accounting and/or associated systems
  • Strong leadership, business, financial, problem solving and communication skills


Core Competencies / Key Metrics
  • Business Acumen and Industry Insights: navigate and assess Vistra operations and the broader electricity and power generation environment.
  • Technology and Process Acumen: holistic comprehension of end-to-end processes and associated enabling technologies.
  • Data Analytics and Strategic Decision Support: harness the power of data and influence strategic decision making.
  • Effective Communication and Continuous Improvement: support organizational transformation and foster a collaborative, transparent environment.
  • Accounting Acumen: leverage accounting expertise for business activities with accuracy, precision, and timeliness.


#LI-Hybrid

#LI-ND1

Job Family
Accounting

Company
Vistra Corporate Services Company

Locations
Irving, Texas

Texas

About Vistra Corp.

Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. Based in Irving, Texas, Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world. The company owns the Moss Landing Power Plant in California which currently contains the largest battery energy storage system in the world. In 2016, Texas Competitive Electric Holdings, parent company of TXU Energy and Luminant, emerged from Chapter 11. TCEH was then rebranded as Vistra Energy. Vistra acquired Dynegy in 2018. In 2019, Ambit Energy was acquired, resulting in a 32% residential market share in ERCOT, with NRG Energy as its largest competitor. It also acquired Crius Energy in 2019.
Learn more about Vistra Corp.
Size
5,060 employees
Market Cap
$9,272
Industry
5 Year Trend
+1460%
NASDAQ

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