Director, Corporate Accounting
Buckner & Associates (Chicago, Illinois)

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Buckner & Associates have been retained by Vectren Corporation to recruit a Director, Corporate Accounting. Vectren Corporation is an energy holding company headquartered in Evansville, Indiana. Vectren’s wholly owned subsidiary, Vectren Utility Holdings (VUHI), serves as the intermediate holding company for three operating utilities: Indianapolis Gas Company, Inc. (Vectren North), Southern Indiana Gas and Electric Company (Vectren South), and Vectren Energy Delivery of Ohio (VEDO).

Vectren Corporation is an energy and applied technology holding company with approximately $4 billion in assets. Almost 75% of Vectren’s earning mix is derived from utility operations with the other 25% from non-regulated business.

Vectren’s non-regulated subsidiaries and affiliates currently offer energy-related products and services to customers throughout the Midwest and Southwest. These services include energy marketing, and related services, coal production and sales and energy infrastructure services. For additional insight into Vectren Corporation, please click on the electronic link www.vectren.com to visit their website online.

 JOB PURPOSE: The Director of Corporate Accounting is responsible for supervising and directing the operations of the corporate accounting function.

MAIN ACCOUNTABILITIES: Directs the closing of the books, consolidation, various analyses and ensures compliance with annual regulatory reporting requirements.  Responsible for maintaining the books and records of Vectren and its subsidiaries in accordance with generally accepted accounting principles and the Uniform System of Accounts (USoA), ensuring adequacy of internal controls (SO 404) and preparing accurate financial information.  Provides financial expertise in support of the external audit process.  Supervises one direct report and provides direction for the corporate accounting staff of fifteen indirect reports.  Establishes departmental goals and objectives; develops plans to meet established goals and manages employees to ensure such goals are achieved.  Recruits, trains and counsels department staff.  Develops work standards and a system of review to ensure compliance. Keeps abreast of current developments in accounting standards to maintain competence and proficiency in the accounting function. Performs other duties as assigned.

JOB REQUIREMENTS:

Bachelor’s degree in finance or accounting required.  CPA required, a Masters Degree in finance or accounting is highly desirable.

Experience

Minimum of 10+ years of utility industry experience preferred and/or 10+ years experience in a Big Four public accounting firm with regulated industry experience. SEC reporting experience is highly desirable. Demonstrated technical expertise in interpreting and applying generally accepted accounting principles as well as regulatory accounting concepts a must. Successful candidate must have demonstrated leadership in developing a young staff. CPA is required/highly desirable unless candidate has a proven track record of success with a demonstrated understanding of the utility industry.

Ability to read, analyze and interpret business information, technical procedures and government regulations.  Demonstrated ability to present information both in writing and orally.  Demonstrated management and leadership skills. 

COMPENSATION: The projected base compensation range is $130,000 to $140,000 per year with a target bonus of 20% that could go as high as 30%, a long-term compensation package (stock), plus other senior level benefits.

Qualified and interested applicants should submit their resumes and salary histories to Buckner & Associates, attention Stephen L. Buckner, Sr., President by e-mail to sbuckner@bucknerandassociates.com. All resumes will be handled with complete confidentiality.