Budget Manager jobs in Alaska

Summary 

Develop and administer an effective corporate operating and capital budget, reporting and analysis program and provide recommendations in preparation and analysis of budgets.

Manage compliance with all financial reporting requirements.

Manage the development, update and/or filing of Chugach’s Audited Financial Statements, Federal Energy Regulatory Commission (FERC) filings, Financial Forecast (FF) and Return of Organization Exempt from Income Tax, IRS Form 990. 

Essential Functions

1. Develop corporate budget policy and procedures.
2. Develop, manage and make recommendations during the annual budget process to assure timely and accurate completion of the corporate operating and capital budgets.
3. Manage the conversion and automation of budget systems including monthly internal financial reporting system and the budget.
4. Direct and manage preparation of budgets for areas with no cost center manager.
5. Monitor budget transfers for compliance with standard operating procedures.
6. Assist managers in preparation of budgets and budget revisions.
7. Advise the Fuel & Corporate Planning Department and the operating divisions in preparation of corporate planning documents.
8. Advise the Regulatory & External Affairs Department of financial transactions affecting electric rates.
9. Analyze actual results compared to budget and recommend corrective action.
10. Supervise the preparation of accounting data related to budget and expense accounts for external studies.
11. Provide company-wide training in annual budget application and the internal financial reporting system.
12. Supervise the preparation and distribution of budget to actual variance reports.
13. Plan and review the work assignments of Financial Analyst and evaluate performance and professional development.
14. Complete required training and/or continuing education associated with current accounting standards to include regulated operations of utilities and tax law.
15. Research and complete necessary audit documentation for new and changing accounting standards and financial reporting requirements.
16. As a check signer of the Association, review and approve required disbursement documentation.
17. Plan with and assist external auditors in the conduct of annual audit procedures.
18. Manage the development of Chugach’s Audited Financial Statements and coordinates with outside accounting firm.
19. Manage the development of all other financial reports, including Form 7, Form 12 and quarterly and annual Federal Energy Regulatory Commission (FERC) reports.
20. Manage compliance with indenture and debt covenant financial reporting requirements.
21. Manages the development and updates to Chugach’s Financial Forecast.
22. Manage the development and filing of Chugach’s Return of Organization Exempt from Income Tax, IRS Form 990.
23. Participate in internal control compliance in conformity with the 2013 Committee of Sponsoring Organizations (COSO) framework requirements.
24. Participate in the development of corporate metrics and targets consistent with strategic goals.
25. Participate in the development of Chugach’s Annual Report.
26. Participate in the development of Chugach’s Treasurer’s Report.
27. Provide information to holders of the corporation’s bonds and rating agencies, as required.
28. Analyze effects of financial transactions on compliance with Generally Accepted Accounting Principles (GAAP), Federal Energy Regulatory Commission (FERC), and indenture and debt covenants. Recommends alternatives to maintain compliance.
29. Analyze tax implications of financial transactions.
30. Present work products as necessary to the Association’s Board of Directors.
31. Direct the operations of the Budget team. Responsibilities include supervise, motivate, manage performance, and develops staff to ensure accuracy, timeliness and compliance.
32. Other duties as assigned.

Relationships

Internal

• VP, Finance & Accounting:  Report to and receive direction and guidance from.
• Chief Executive Officer, Vice Presidents, Department Managers: Provide assistance and information on budgeting, Financial Forecast matters, and expense account transactions.  Exchange information and participate in activities of common interest.
• Board of Directors:  Attend Board meetings as required. Participate in Audit and Finance Committee meetings and provide recommendations relative to matters relating to job responsibilities.

External

• Bargaining Unit Representatives
• External Auditors: Provide all necessary information and detail to permit auditors to perform their function in an efficient manner.
• External Legal Counsel: Provide all necessary information and detail to permit legal counsel to perform their function in an efficient manner.
• Outside Consultants: Interface and participate with on major financial, budget and other accounting projects including software implementations and customer information requests.
• External Tax Professional: Interface and participate with and provide all necessary information and detail to permit tax professional to perform their function in an efficient manner.

Competencies

1. Knowledge of Internal Revenue Code (IRC) desirable.
2. Knowledge of all aspects of budgeting and financial planning.
3. Knowledge of the operations of an electric utility preferred.
4. Knowledge of FERC system of accounts desirable.
5. Familiarity with auditing, budgeting, financial control and financial planning procedures.
6. Familiarity with automated financial information systems.
7. Familiarity with the requirements for compliance with Committee of Sponsoring Organizations (COSO) internal control framework.
8. Familiarity with primary hardware and software requirements and data processing.
9. Must have superior analytical and communication skills.
10. Ability to accomplish report preparation and other departmental work in a timely manner.
11. Ability to work well with all levels of management.
12. Ability to work well with external auditors, tax professionals and outside consultants.
13. Ability to explain complex calculations, transactions or accounting requirements and results to the Association’s Board of Directors, executive staff and management.
14. Proficient with Microsoft Office applications including Excel, Word, Outlook, and Power Point. 

Supervisory Responsibility

This position has the supervisory responsibility for the Financial Analyst – Budget & Financial Reporting.

Work Environment 

Work is performed in a standard office environment.  Occasional overtime due to deadlines and seasonal workloads may be required.  Occasional travel may be necessary.

Minimum Qualifications and Experience

Education

Bachelor’s Degree in Business Administration, Finance, or Accounting required.  Advanced degree or additional specialized training in financial management and economics desirable.  Professional certification (i.e. CPA, CMA) preferred.

Experience

Five (5) years of progressively responsible experience in areas of budgeting, auditing, financial control procedures, or similar, including regulatory or agency reporting required including two (2) years of accounting management including supervisory responsibility. 

Experience working in a utility and union environment preferred. 

Substitution

Experience in leading projects and responsibility for team deliverables may substitute for supervisory experience on a year for year basis.

Chugach Electric Association is a member-owned cooperative, headquartered in Anchorage, Alaska's largest city. Anchorage itself sits at the base of the Chugach Mountains. Chugach is pleased to provide reliable, affordable power to more than 92,000 members from Anchorage to the northern Kenai Peninsula, and from Whittier on Prince William Sound to Tyonek on the west side of Cook Inlet. We service over 113,000 locations with 3,782 miles of transmission and distribution lines. We have many services that make it easy to power homes and businesses with Chugach.
 

A little more about us: Chugach has been around for a long time, recently celebrating 75 years! We are a stable company, in a stable industry. And while we may have stability, we are modern, sustainable and forward-thinking to ensure that we provide reliable services for generations to come. We also pride ourselves on the longevity of our employees. We have several 20, 30 and 40 year tenured employees who continue foster an inclusive, innovative corporate environment. Find your spark!

Chugach's corporate vision:
Responsibly developing energy to build a clean, sustainable future for Alaska.

Chugach's corporate mission:
We provide safe, reliable, and affordable electricity through superior service and sustainable practices, powering the lives of our members.

Chugach's corporate values:
Guided by our values of safety, accountability, and sustainability, we are committed to serving our members, the community, and the Chugach team.

Equal Employment Opportunity
It is a policy of Chugach Electric Association, Inc., to recruit, hire, train, promote, and compensate persons without regard to race, color, religion, national origin, sex, marital status, pregnancy, parenthood, physical or mental disability, veteran's status, age, or any other classification protected by applicable, federal, state, or local law.
Chugach is also an affirmative action employer.

HEALTH BENEFITS

Premium & Deductible are paid for by Chugach Electric. The plan includes coverage of:

• Medical, RX, Dental & Vision
• Health Savings Account (HSA)
• Telemedicine

FINANCIAL SECURITY

• 401K Plan
• Defined Benefit (Pension)
• Retirement Investment services
• Basic Life and AD&D Insurance paid for by Chugach Electric
• Supplemental Life Insurance
• Short Term Disability
• Long Term Disability
• Flex Spending Account (Health, Limited Use, Dependent Care)

WORK, LIFE & HEALTH

• 20 days vacation for first year of employment
• 9 Paid Holidays 2 Float Holidays 1 Birthday Holiday
• Employee Assistance Program
• MetLife Will Preparation