Nancy Basara

Nancy Basara currently serves as the Accounting Controller at Connexus Energy, where she plays a pivotal role in ensuring the integrity and accuracy of the organization’s financial operations. With over 30 years of comprehensive experience in financial accounting, Nancy brings a deep understanding of utility industry standards, including electric distribution and natural gas. Her expertise in utility-specific accounting requirements enables her to effectively manage complex regulatory compliance, such as sales, use, and property tax filings, ensuring Connexus Energy remains fully compliant with industry regulations.

In her current role, Nancy oversees all aspects of general ledger maintenance and financial reporting, providing critical insights through detailed variance analysis of budget versus actual performance on a monthly and annual basis. Her responsibilities extend to managing accounts payable, miscellaneous accounts receivable, payroll processing, and treasury functions, including the maintenance of the organization’s cash back program. Nancy’s proficiency in financial analysis and GAAP ensures that financial statements are accurate, timely, and aligned with industry standards, supporting strategic decision-making across the organization.

A key focus of Nancy’s work involves process improvement initiatives aimed at enhancing efficiency and accuracy within financial operations. Her extensive experience in financial audits and reconciliations allows her to identify areas for refinement, streamline workflows, and strengthen internal controls. Nancy’s strategic approach, combined with her expertise in variance analysis and financial reporting, positions her as a vital contributor to Connexus Energy’s financial stability and growth. Her leadership ensures that the utility’s financial practices not only meet regulatory requirements but also support long-term organizational objectives.