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Sr Financial Analyst - Technical Acct

Company:
DTE Energy
Location:
Detroit, MI
Posted:
May 17, 2024
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Description:

DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.

But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.

Testing Required: Not Applicable

Hybrid Role: Must be able to come on-site periodically and reside a commutable distance from the assigned work location.

Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.

Job Summary

***JOB CODE TO BE USED IN CFO ONLY***

Performs analytical work and research for the Accounting Policy & Research group, which coordinates and manages complex financial accounting and analysis relating to Generally Accepted Accounting Principles (GAAP) and Regulatory Accounting Principles (RAP) issues. Responsible for researching and assisting with accounting guidance based on accounting authoritative literature and pronouncements. Provides technical accounting and finance expertise on a wide range of accounting and business issues. Provides guidance to lesser experienced analysts and other members of the team.

The External Reporting group’s responsibilities include the preparation and filing of the DTE Energy Form 10-K’s, Form 10-Q’s, and Form 11-K’s with the Securities and Exchange Commission (SEC). Also handles preparation and submission of annual and quarterly regulatory filings to the Federal Energy Regulatory Commission (FERC) and the Michigan Public Service Commission (MPSC).

Key Accountabilities

Assists with implementation of new accounting pronouncements and accounting research related to financial statement presentation and disclosures

Works with and provides analysis to external auditors on emerging accounting issues and reporting matters

Supports identification of process improvements and assists with implementation

Accounting Research and Policy

Provides accounting guidance on accounting related matters

Researches current and emerging accounting issues and implements related accounting policies and procedures

Assists with compliance with GAAP and regulatory accounting

Prepares accounting analysis and whitepapers

Analyzes business transactions and proposes accounting treatment with supervision

External Reporting

Provides information for the preparation of external financial reports in compliance with SEC and other regulatory reporting requirements

Prepares drafts of financial statements and footnotes

Minimum Education & Experience Requirements

Bachelor's degree in Accounting, Finance or business related field and five years of experience in auditing, financial accounting and/or financial reporting

Other Qualifications

Preferred:

MBA

CPA or three years of experience in public accounting

Experience in the energy industry

Experience in continuous improvement and process improvement

Experience with SAP (Systems, Applications, and Products)

Accounting Policy and Research

Experience with application of ASC 815 related to complex derivative transactions and ASC 810 related to new acquisitions/contracts

Other Requirements:

Comprehensive understanding of generally accepted accounting principles (GAAP) and SEC reporting requirements

Experience in application of a broad range of technical accounting and reporting requirements

Ability to manage multiple projects simultaneously

Ability to organize work independently and work in teams

Computer skills including experience with Microsoft Office suite

Strong oral/written communication skills

Ability to concisely analyze, summarize and present financial information to various management levels (including senior and executive)

Ability to respond quickly to changing customer requirements and changes in the business

Ability to work overtime during peak reporting periods; flexibility in working hours required

Willing to perform an emergency or storm assignment as needed

Engages in a positive working environment within and across functional areas

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS

At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

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