Financial Controller

The Financial Controller provides strategic financial leadership for Hibbing Public Utilities, overseeing all financial management, accounting operations, and reporting to ensure accuracy, regulatory compliance, and prudent stewardship of the organization’s resources.

Responsibilities

• Oversee all accounting operations, including billing, accounts payable, accounts receivable, payroll, and the general ledger.
• Manage utility rate structures and assets by establishing financial policies, procedures, controls, and reporting systems.
• Prepare monthly, quarterly, and annual financial statements in accordance with regulatory standards.
• Coordinate the preparation of financial reports for management, the commission, auditors, and regulatory bodies.
• Achieve budget objectives by monitoring expenditures, analyzing variances, and initiating corrective actions.
• Coordinate the annual audit and ensure timely resolution of audit findings.
• Lead the annual budgeting and forecasting process, including revenue projections, expense planning, and capital budgets.
• Provide variance analysis and recommendations to improve financial performance.
• Support rate case development and financial modeling for rate adjustments and capital projects.
• Ensure compliance with all financial reporting requirements under local, state, and federal regulations.
• Maintain cost accounting systems that comply with regulatory and rate-making standards.
• Prepare and submit financial reports required by the commission and other governing agencies.
• Advise senior management on financial strategies, capital financing, and long-term planning.
• Support risk management, insurance, and internal control activities.
• Supervise and develop finance and accounting staff, fostering accountability and continuous improvement.
• Collaborate with operations, engineering, and customer service teams to align financial and operational goals.
• Manage cash flow and treasury functions.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 7 to 10 years of progressive accounting or finance experience.
• Strong knowledge of GAAP, utility accounting principles, and regulatory reporting standards.
• Experience with financial reporting software, Microsoft systems, and utility management systems.
• Exceptional analytical, problem-solving, and financial modeling skills.
• Ability to interpret complex regulatory and rate structures.
• Strong leadership and communication skills with the ability to present complex financial data to non-financial stakeholders such as the commission, regulators, and city councils.
• High attention to detail and commitment to integrity and transparency.

Technologies

• Financial reporting software
• Microsoft systems
• Utility management systems

Benefits

• Competitive salary
• Retirement through Public Employee Retirement Association (PERA)
• 457(b) with Employer match
• Comprehensive medical, dental, and vision insurance
• Life insurance
• Employee assistance program (EAP)
• Generous paid time off (vacation and sick leave)
• Paid holidays
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Vision insurance
• Paid time off
• Retirement plan

Position summary

The Financial Controller oversees all financial management, accounting operations, and reporting for Hibbing Public Utilities. This role ensures the accuracy and integrity of financial data, compliance with regulatory and rate-setting requirements, and responsible stewardship of the organization’s financial resources. It provides strategic leadership to support the utility’s mission to deliver reliable and affordable services to customers.

Drug and Alcohol policy classification

Non-Mandate

Salary range

$95,000–$129,000 per year (USD), depending on experience and qualifications.

Location

Hibbing, MN

Work location

In person

Department

Finance

Reports to

General Manager

Job type

Full-Time

FLSA status

Exempt

Work environment

Primarily office-based with periodic site visits to operational facilities. Occasional evening or weekend hours may be required for commission meetings or reporting deadlines. Occasional travel to project sites or client meetings. Physical requirements: sitting 80%, standing 10%, walking 10%, lifting up to 25 lbs.

How to apply

Send resume and cover letter to [email protected]

Preferred qualifications

• Master’s degree in Accounting, Finance, or related field
• Certified Public Accountant certification (CPA)
• Experience with regulatory accounting, FERC Chart of Accounts, and utility rate making