Requisition ID: 20646
SummaryThe Principal Accounting Analyst is a member of SRP's Financial Reporting Technical Accounting team and serves as a key technical accounting resource for the organization. This position is responsible for interpreting and applying complex U.S. GAAP guidance and accounting standards, leading key accounting compliance and governance activities, and ensuring the completeness, accuracy, and timeliness of SRP's financial reporting. The role evaluates significant accounting matters, develops technical accounting positions, provides guidance to management and business partners, and supports internal and external audit, regulatory, and financial reporting requirements.
What You'll Do- Serve as one of SRP's technical accounting subject matter experts within the Financial Reporting Technical Accounting team, providing guidance on the application of U.S. GAAP, emerging accounting standards, and complex accounting matters.
- Evaluate and account for complex transactions and arrangements in areas such as derivatives (ASC 815), fair value measurements (ASC 820), asset retirement obligations (ASC 410), leases (ASC 842), variable interest entities (ASC 810), and revenue recognition (ASC 606), including related financial statement disclosures.
- Evaluate, document, and communicate accounting conclusions for complex transactions, arrangements, contracts, and business initiatives, including preparation of technical accounting memoranda, policy documents, presentations, analyses, and related financial statement disclosures.
- Monitor emerging accounting standards, assess impacts to SRP, and lead implementation efforts as necessary.
- Collaborate with stakeholders across the organization to obtain and evaluate information supporting accounting conclusions.
- Execute period-end close activities, including journal entries and account reconciliations.
- Support internal and external audits, regulatory reviews, and compliance activities by preparing technical documentation and communicating accounting positions.
- Support compliance with internal control requirements over financial reporting by evaluating control design and effectiveness, identifying control gaps and risks, and recommending process and control improvements.
- Provide technical guidance, training, and mentorship to accounting personnel and business partners.
- Lead or participate in special projects, strategic initiatives, and other duties as assigned.
EducationA bachelor's degree relevant to the assignment from an accredited institution is required.
Experience- Minimum 10 years professional experience
- Large ERP experience preferred (SAP)
- Completion of a Bachelor's Degree from an accredited institution. A degree in a business or relevant analytical field of study, including, Accounting, Finance, Business Administration, Economics, Management Information Systems, or related field is preferred.
Additional Requirements and Qualifications- Strong analytical, problem-solving, and critical-thinking skills with attention to detail.
- Strong written, verbal, interpersonal, and presentation skills, with the ability to communicate complex accounting concepts clearly and effectively.
- Demonstrated ability to organize and prioritize competing responsibilities, work independently, and deliver accurate results within established deadlines.
- Demonstrated ability to collaborate effectively within a team environment and build productive relationships across the organization.
- Proficient in Microsoft Office applications, including advanced Excel and PowerPoint.
Certifications or Testing Required- Certified Public Accountant (CPA) certification required.
Hybrid WorkplaceSRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.
