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Memphis Light, Gas and Water Division (MLGW)

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Director, Finance

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Description

MLGW is an equal opportunity employer and does not discriminate because of race, color, religion, sex, sexual orientation, gender identity, age, national origin, genetic information, disability, protected veteran status, or any other status protected by law. No information obtained in this application is intended to be used for such discrimination

JOB PURPOSE
The Director of Finance provides strategic leadership and oversight of the
organization’s financial operations, ensuring integrity, accuracy, and
compliance with all accounting and reporting functions. This position leads the
maintenance of the general ledger and oversees Payroll; Payments and
Banking; General Accounting; Budget, Grants, and Financial Planning; Rates
and Analytics; Pension and Other Post-Employment Benefits (OPEB) and Treasury Management.
This role ensures strong internal controls, effective resource management, and
alignment of financial strategies with organizational objectives. ESSENTIAL
FUNCTIONS\: Develop and present annual business plans aligned with
organizational strategy, including revenue targets, KPIs, budget and headcount
recommendations, and project timelines integrated across departments. Provide
strategic leadership and oversight for all financial reporting functions, managing
core financial management and control processes. Direct rate and revenue
management, budgeting, forecasting, and financial resource allocation to ensure
fiscal sustainability and operational efficiency. Oversee budget development,
grant monitoring, and comprehensive financial reporting to ensure accuracy,
transparency, and accountability. Lead the development, implementation, and
governance of financial systems, ensuring compliance with group accounting
standards, statutory requirements, GAAP, and internal controls. Establish and
maintain financial policies, procedures, and protocols to promote regulatory
compliance and sound financial practices. Deliver authoritative financial and
technical recommendations to senior leadership, influencing short- and long-term
business decisions and strategic initiatives. Ensure departmental compliance
with external regulations, voluntary codes, and internal policies to mitigate risk
and protect organizational integrity. Assess departmental capabilities, identify
skill gaps, and implement formal development frameworks to strengthen
performance and succession planning. Coach and mentor staff to enhance
leadership capacity and support talent development. Set clear performance
objectives, monitor results, hold team members accountable, and implement
corrective actions to achieve annual business goals. Perform other duties as
directed.

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