Principal Technical Accounting & Financial Reporting Analyst @ CMS Energy

Accounting (1)

Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties. Consumers Energy knows job number one is to keep the lights on for customers. We are committed to delivering reliable, clean, and affordable energy to our customers 24/7. 

Location: This is a hybrid position with required onsite days on Monday, Tuesday and Thursday assigned to One Energy Plaza located in Jackson, MI.  The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).

General Summary of Job Responsibilities

The Principal Financial Reporting Analyst researches and provides guidance on highly complex accounting matters, such as variable interest entity assessments, accounting for major acquisitions and dispositions, and regulatory accounting. This position consults with cross-functional teams, including strategy, risk, new business, tax, rates, and treasury teams, to advise on and ensure accurate accounting treatment of developing transactions and contracts. The Principal Financial Reporting Analyst reviews and contributes to financial statement disclosures in the company’s quarterly and annual SEC filings and ensures the integrity and accuracy of reported information. This role also facilitates the development of staff in various areas, including complex accounting concepts, accounting research, and business and industry transactions.

Essential Duties and Responsibilities

Research highly complex technical accounting issues with a minimal level of supervision and support needed. Provide support and coaching to analysts and senior analysts, including review of research on basic to moderately complex accounting questions. Ensure clear documentation to support accounting conclusions in a variety of forms (ranging from email to formal accounting position papers)
Provide accounting consultation and advice to cross-functional internal partners in support of strategic business and developing transactions, with a minimal level of supervision needed. Serve as an owner of cross-functional relationships, with the ability to actively provide real-time accounting advice and, when needed, appropriately identify the need for additional specialist or director involvement
Evaluate moderately to highly complex contracts for accounting issues and document conclusions, with a minimal level of supervision and support needed
Monitor, evaluate, and communicate potential impacts of new and emerging accounting standards, working with other departments as needed. Develop and execute implementation plans for moderately to highly complex accounting standards, with minimal supervision and support.
Review sections of the quarterly and annual SEC filings and evaluate the sufficiency and accuracy of disclosures and underlying support. Identify the need for and provide meaningful input to new or different disclosures based on transactions occurring at the company
Prepare or review subject matter specific reporting documents to meet compliance and/or control needs of business stakeholders (i.e., debt compliance certificates, debt covenant calculations, dividend calculations, legal reports, and other government reports), with a minimal level of supervision or support needed
Other duties as assigned or may be necessary

Knowledge/Skills/Abilities

Strong knowledge and understanding of accounting principles and experience applying them to complex transactions
Strong critical thinking skills, including ability to apply knowledge learned on one transaction to a new and different transaction
Excellent communication skills, both written and verbal
Strong organizational skills and attention to detail
Proficient with financial reporting software and accounting research tools
Proficient with the Microsoft Office suite of software products, Adobe applications, and other general application software

Education & Experience

Bachelor's Degree in Accounting with 7 years of experience in a technical accounting role or public accounting environment

[OR] Associate's Degree in Accounting with 9 years of experience in a technical accounting role or public accounting environment

[OR] High School Diploma with 11 years of experience in a technical accounting role or public accounting environment

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Why should you join our team?

At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.

What we offer:

Competitive compensation packages
Medical, Dental and Vision
401k with company match
Paid parental leave
Up to 13 paid Holidays
Paid time off
Educational Assistance Program

Diversity, Equity & Inclusion:

We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don’t discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.

Principal Technical Accounting & Financial Reporting Analyst

CMS Energy

General Summary of Job Responsibilities

Essential Duties and Responsibilities

Knowledge/Skills/Abilities

Education & Experience

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