Senior Accountant

Title: Senior Accountant (WORD version ) (Customer Diagram)

Industry: Utilities

Function: Accounting & Finance

Value-Added Results/Weights Performance Standards

Financial statements and reports (50%)
• Monthly financial statements

• Monthly operating statistics

• Quarterly and audit packs

• Tax depreciation schedules

• Annual PUC report
• Users of the statements can’t find any errors.
• Senior Accountant is able to explain how any number was arrived at.

• Reports for corporate and company management are completed by fifth working day of the month.

• Reports for bondholders are completed 45 days from end of quarter.

• PUC report completed by specified date.

• Exceeds = Senior Accountant correctly anticipates need for additional schedules before they are requested.

Completed tax forms (20%) • Estimated tax payments are within ±5%–10% of actual tax expense.
• Receipt of all state tax payments has been verified.

• Audits do not result in more than a 10% change in the tax liability.

• Exceeds = Senior Accountant initiates an idea for legally reducing the Company's tax liability.

• No penalties for lateness.

Answers to financial information questions (10%)
• Responses to rate case interrogatives
• The response to the rate case interrogative:
• Answers the question asked.

• Provides the correct quantity of information and anticipates answers to obvious follow-up questions.

• Is completed by agreed-upon deadline.

• Readers of the response don’t find any errors.

• Major account payment history and current status • Large outstanding balances over 60 days old are reported immediately.
• Exceeds = Senior Accountant initiates ideas that result in successful collection and reduction in future outstanding balances.

• Verification of bad check status • Cash balance ties out to the bank record.

Access to financial data is provided to auditors (10%) • Auditors meet their own schedules.
• VP Financial is satisfied that no questions were referred to him/ her that could have been answered by the Senior Accountant.

• Auditors are satisfied with the backup explaining how the numbers were arrived at.

Bond filing paperwork (5%) • VP Financial can’t find any errors.
• Completed by agreed-upon deadline.

Completed special projects (5%) • To be defined when project is assigned.

Senior Accountant

Value-Added Results/Weights	Performance Standards
Financial statements and reports (50%) • Monthly financial statements • Monthly operating statistics • Quarterly and audit packs • Tax depreciation schedules • Annual PUC report	• Users of the statements can’t find any errors. • Senior Accountant is able to explain how any number was arrived at. • Reports for corporate and company management are completed by fifth working day of the month. • Reports for bondholders are completed 45 days from end of quarter. • PUC report completed by specified date. • Exceeds = Senior Accountant correctly anticipates need for additional schedules before they are requested.
Completed tax forms (20%)	• Estimated tax payments are within ±5%–10% of actual tax expense. • Receipt of all state tax payments has been verified. • Audits do not result in more than a 10% change in the tax liability. • Exceeds = Senior Accountant initiates an idea for legally reducing the Company's tax liability. • No penalties for lateness.
Answers to financial information questions (10%) • Responses to rate case interrogatives	• The response to the rate case interrogative: • Answers the question asked. • Provides the correct quantity of information and anticipates answers to obvious follow-up questions. • Is completed by agreed-upon deadline. • Readers of the response don’t find any errors.
• Major account payment history and current status	• Large outstanding balances over 60 days old are reported immediately. • Exceeds = Senior Accountant initiates ideas that result in successful collection and reduction in future outstanding balances.
• Verification of bad check status	• Cash balance ties out to the bank record.
Access to financial data is provided to auditors (10%)	• Auditors meet their own schedules. • VP Financial is satisfied that no questions were referred to him/ her that could have been answered by the Senior Accountant. • Auditors are satisfied with the backup explaining how the numbers were arrived at.
Bond filing paperwork (5%)	• VP Financial can’t find any errors. • Completed by agreed-upon deadline.
Completed special projects (5%)	• To be defined when project is assigned.