Veracity Ventures Inc. at Veracity Ventures Inc. in Salt Lake City, UT

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Senior Financial Accounting Analyst

Salt Lake City, Utah, Onsite

Full Time

The Senior Financial Accounting Analyst supports Transmission Revenue Accounting organization and is responsible for validating settlement outcomes, researching discrepancies, ensuring accurate customer billing, and supporting financial reporting activities related to transmission services.

Responsibilities

Settlement Validation & Analysis

• Validate transmission settlement and billing outcomes for accuracy and completeness.
• Investigate discrepancies, exceptions, and unusual financial results.
• Trace transactions from source data through settlement calculations and customer invoices.
• Research operational and financial data to identify root causes of issues and recommend corrective actions.
• Perform trend analysis, variance analysis, and reasonableness testing to support settlement validation activities.
• Validate data integrity across multiple systems and reporting platforms.

Customer Billing & Contract Administration

• Prepare and review customer invoices related to transmission services.
• Analyze and resolve customer billing questions and disputes.
• Interpret transmission agreements, contracts, and tariff provisions to support accurate billing and settlement outcomes.
• Partner with internal stakeholders to ensure contracts are implemented and administered appropriately.

Financial Reporting & Accounting

• Prepare journal entries, reconciliations, and supporting documentation.
• Analyze general ledger activity and ensure alignment with underlying business transactions.
• Support month-end, quarter-end, and year-end close activities.
• Assist with internal controls and Sarbanes-Oxley compliance requirements.
• Support regulatory reporting and responses to audit inquiries.

Process Improvement & Business Support

• Identify opportunities to improve processes, controls, reporting, and data quality.
• Develop analytical tools and automated solutions to improve efficiency and accuracy.
• Support reporting and dashboard development using available analytical tools.
• Document procedures, business processes, and settlement methodologies.
• Collaborate with accounting, transmission operations, regulatory, legal, customer service, and other business groups.

Requirements

• Bachelor's degree in Accounting, Finance, Business Analytics, Engineering, Information Systems, or a related field.
• A minimum of five years of experience in accounting, finance, billing, financial analysis, settlements, audit, business analytics, or related disciplines.
• Experience investigating discrepancies and reconciling financial results.
• Experience working with large datasets and performing analytical reviews.
• Demonstrated ability to identify root causes and resolve complex business issues.
• Experience supporting customers, stakeholders, or cross-functional business teams.

Preferences

Analytical Skills

• Strong analytical and problem-solving abilities.
• Ability to investigate issues with limited direction.
• Experience validating calculations, reports, and financial results.
• Ability to understand and communicate data lineage from source transactions through reporting outputs.

Technical Skills

• Advanced Excel skills including Pivot Tables, XLOOKUP, Power Query, and complex data analysis.
• Experience with Power BI, Tableau, SQL, or similar analytical tools preferred.
• Experience with SAP and financial systems preferred.
• Ability to work with large datasets and multiple source systems.

Communication Skills

• Strong written and verbal communication skills.
• Ability to explain complex financial or technical issues to various audiences.
• Comfortable working directly with customers and internal stakeholders.
• Ability to influence outcomes through data-driven discussions.