Summary

Responsible for providing leadership, vision and direction in developing both long and short-term financial policies, procedures and plans to support Garland Power & Light’s (GP&L) financial goals and strategies.  Responsible for planning and directing the activities and operations of GP&L’s Accounting, Budget, and Finance functions.  Also responsible for directing ERCOT and wholesale customer settlements, GIS, and purchasing functions, as well as electric rates and bond offering documents.

Number of Direct Reports (include titles): 1 - Electric Controller, 1 - Electric Budget & Procurement Analyst

Number of Indirect Reports:  1 - Electric Accounting Supervisor, 2 - Senior Electric Accountants, 1 - Electric Accountant, 1 - Electric AIPS Manager, 2 - Work Order Specialists, 2 - GIS Specialists II, 1 - GIS Specialist I, 1 - Settlements Manager, 2 - Senior ERCOT Settlement Specialists, 1 - ERCOT Settlement Specialist

Financial & Budget Responsibility:  Approximately $400 million in operating revenues and expenditures; approximately $500 million in five-year capital improvements

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Develop and direct GP&L’s short and long range financial planning and analysis including Annual Operating Budget, Capital Improvement Program and 10 Year Financial Forecast.
• Prepare and participate in Operating Budget and Capital Improvement Program presentations to City Executive Management and the City Council.
• Examine and report Electric’s actual performance against Annual Operating Budget and Capital Improvement Budget.
• Monitor Electric’s income statement, balance sheet, and cash flow performance to ensure Electric’s financial strength and stability.
• Ensure Electric’s accounting activities and year-end financial reporting are in accordance with GASB and FERC USOA.
• In collaboration with Electric Managing Director, create long-range financial forecasts and evaluate alternative capital structures and electric rate scenarios, as well as provide support in the development of bond offering documents and rating agency responses.
• Direct Electric’s settlement activities to ensure that payments to and from ERCOT are validated and that Electric’s wholesale customer activity is correctly settled and invoiced.
• Ensure that Electric’s GIS properly reflects transmission and distribution assets on the electric system and is relayed to consumers of the GIS information and data in a useable form.
• Oversee Electric’s purchasing activities to ensure compliance with City and state purchasing requirements and Electric management’s objectives.   

Minimum Qualifications

• Bachelor’s Degree in Finance, Accounting, or Business Administration
• 10 years of experience in accounting or business administration
• 5 years of progressively increasing experience in a managerial role

Or an equivalent combination of education and experience sufficient to successfully perform the essential functions of the job.

Preferred Qualifications

Education/ Experience:     

• Certified Public Accountant and/or Master’s Degree in Finance, Accounting or Business
• 10 or more years of experience in accounting or business administration in the municipal electric utility industry
• 5-7 years of progressively increasing experience in a managerial role

Knowledge, Skills & Abilities

• Extensive knowledge of accounting/budgeting practices
• Extensive knowledge of the principles and practices of effective planning, organizing and directing budget, asset management, and risk management services
• Skill in Microsoft Office (including; Access, Excel, Outlook and Word)
• Ability to maintain effective working relationships with other City departments, subordinate staff, public officials and citizens

Licenses and Certifications

• Valid Class C Texas driver's license

Physical Requirements / Work Environment

The work environment and physical demands described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The incumbent works in a typical office environment; relatively free from unpleasant environmental conditions or hazards.