Sr. Director, Treasury Financial Compliance (Finance)
If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.
Job Summary
This position is accountable for debt-related financial compliance and reporting for Vistra Corp. and its subsidiaries, as well as supporting other finance-related activities. The primary responsibilities of the Director, Financial Compliance, among other activities, include leading the following key activities:Manage and execute debt-related financial compliance processes pertaining to Vistra's financing arrangements.
Drive awareness of material information relating to the Companies' financing arrangements across key internal and external parties.
Manage and execute letter-of-credit processes.
Job Description
Key Accountabilities
- Manage and cross-functionally facilitate the execution of necessary processes, procedures and internal controls to ensure the Companies' compliance with respect to all financing-related arrangements (including corporate and project-level financing arrangements) and associated requirements
- Manage certifications to assure that Vistra's management has reported and complied with affirmative and negative financial covenants appropriately and in a timely manner
- Facilitate the reporting of all treasury-related information to other Vistra Finance teams
- Provide monthly administration and quarterly and annual reporting requirements to the PUCT, NRC and SEC for the nuclear decommissioning trust investments
- Provide directives to administrative agents, banking partners, trustees and/or transfer agent relating to Vistra's credit agreement, debt securities and common stock
- Direct the activities of a professional staff that facilitates, processes, reports on and manages:
- (1) document compliance to mitigate potential for defaults;
- (2) letters of credit and parental guaranteed for credit enhancement purposes;
- (3) nuclear decommissioning trust (NDT) and retirement plans;
- (4) interest rate swap transactions;
- (5) timely payments related to corporate and project-level financings, the NDT, and retirement plans
- Provide oversight and reporting for Vistra's retirement plan investments
- Oversee the management of electronic documents and compliance repository for Vistra's financing arrangements
- Develop, manage, maintain, and drive department-wide visibility and adherence to an overall debt compliance calendar, inclusive of key periodic deadlines, required payment dates, etc.
Education, Experience, & Skill Requirements
- Experience gained through college degree plans or equivalent and/or CPA certification
- At least 10 years of experience in corporate accounting, SEC financial reporting, or other similar finance function
- Experience in leading and managing projects
- Excellent organization and time management skills
- Excellent verbal and written skills
- Working knowledge of the general ledger and financial reports; experience with SAP financial system preferred
- Understanding of GAAP and Sarbanes-Oxley
- Advanced skills in MS Excel, Word and PowerPoint
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Job Family
TreasuryCompany
Vistra Corporate Services CompanyLocations
Irving, TexasTexasWe are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today!
If you currently work for Vistra or its subsidiaries, please apply via the internal career site.
It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.
