Director of Consolidation & Financial Reporting (Houston or San Diego) - Houston, TX

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Primary Purpose
This key director role in the Controller's organization leads the Consolidation and Financial Reporting functions, overseeing 3-4 department managers in support of all three Sempra Infrastructure Partners (SIP) business lines. This function will lead consolidation of financial data from various subsidiaries into a single, accurate set of financial statements, ensuring compliance with US GAAP; and (2) lead the strategic direction and messaging of financial results to SI management, external equity partners, financial lenders and outside rating agencies, including directing the preparation of quarterly unaudited and annual audited financial statements and other monthly reporting of SI Partners.

Duties and Responsibilities

• Provides vision and sets strategic direction related to the Consolidation and Financial Reporting organizations to ensure alignment across the organizations and three SIP business lines and participates as a key contributor in the CFO and Controller organizations.
• Provides leadership and oversight to the Consolidation organization to ensure financial records and reporting adhere to U.S. GAAP, and Sarbanes-Oxley (SOX) requirements. Oversees all aspects of the preparation and review of consolidated financial statements, including the consolidation of 100+ legal entities and databases, recording and reconciliation of complex areas such as NCI and AOCI.
• Leads the preparation of balance sheets, income statements, and cash flow statements, for both internal management and external stakeholders.
• Provides leadership and oversight to the Financial Reporting organization to provide direction on delivering and messaging of financial results to external parties, including SIP partners, lenders and outside agencies. This role ensures compliance with U.S. GAAP, SEC regulations and other applicable financial reporting standards.
• Leads a team of financial professionals and collaborates with internal and external stakeholders to maintain the integrity of financial data and reporting processes. Financial items include monthly, quarterly and annual financial reporting, financial statements and other partnership-related deliverables.
• Leads cross-functional initiatives, collaborates with planning, treasury, economic modeling, investor relations, legal, tax, and plays a key role in managing relationships with internal and external auditors, and if required, regulatory bodies.
• Partners with the IT and other business functions in driving process improvements and system enhancements related to consolidation and reporting. Supports the adoption and implementation of new accounting standards and accounting policies.
• Directs and participates, as appropriate, the hiring and promoting of employees, the training and development of management and staff (when appropriate), the assignment, direction and review of their work, and compliance with policies and initiatives.
• Performs other duties as assigned (no more than 5% of duties).

Required Qualifications

• Bachelor's Degree in Finance, accounting, systems or related business administration field.
• 12 years of progressive accounting and/or finance experience with increasing leadership responsibility.
• Knowledge of advanced accounting and financial theory normally acquired through graduate-level coursework or professional experience.
• Demonstrated track record of strategic thinking, innovation and leadership, including executive presence.
• Previous experience or equivalent training and/or experience.
• Energy industry experience.
• Experience in U.S. GAAP and SOX.
• CPA or MBA.

*Note, this position can be filled by individuals who reside in either Houston, TX or San Diego, CA

HYBRID: Work a combination of onsite and remote days each week, typically 4 days per week onsite.

Accounting/Finance

Full-time

Note: The Company strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education.

Sempra Infrastructure offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as long-term incentive plans and additional merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.

Houston Center of Excellence-TXHS

Pay Range Pay Range

The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.

The actual pay rate will depend on the person's qualifications and experience.

$169,400.00 - $254,100.00 / year

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.