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PPL Corporation · 2 days ago

Accounting Lead

Providence, RI

Full-time

Hybrid

Senior Level

5+ years exp

PPL Corporation is one of the largest investor-owned utility companies in the United States, committed to sustainable value for its customers and communities. The Accounting Lead will provide overall direction to an accounting team, ensuring compliance with public utility accounting regulations while supervising and supporting team members in various accounting tasks.

Electrical DistributionEnergyMarketing

Comp. & Benefits

No H1B

Responsibilities

Assists with the monthly close process by reviewing journal entries and account analyses for accuracy and ensures compliance with applicable generally accepted accounting principles (GAAP), public utility regulatory requirements (FERC and state regulatory commissions), applicable SOX controls and company policy and procedures

Oversees the monthly closing cycle, maintains the closing schedule, organizes and runs the closing meetings

Supports the preparation and review of the Company's financial statements for the Company Foundations

Responsible for participating in general ledger maintenance process which includes new account set-ups and mapping for internal and external reporting purposes, reconciliation between accounting and reporting systems, system closing controls, and administration of account analysis tool

Responsible for reviewing the preparation of indirect intercompany allocations

Prioritizes and directs team activities related to treasury accounting, corporate accounting, system administration of general ledger and reporting systems, and closing cycle/controls. This includes assigning and scheduling work duties to meet completion dates. The incumbent also completes direct technical and business-related accounting tasks

Administer and monitor Corporate DOA Policy and system

Responsible to review, update, and maintain multiple key Accounting policies

Support the Financial Reporting team by providing fluctuation analysis and preparing disclosures on a quarterly basis

Responsible to provide supporting documentation to comply with audit requests

Continually looks for (and encourages team members to look for) ways to improve processes for greater effectiveness and efficiency

Ensures team actively promotes company initiatives for safety and wellness, customer experience, inclusion, and employee engagement, while modeling leadership commitments, values and behaviors

Develops proficiency in leadership skills by mentoring, coaching and formal training in supervision and leadership, as well as other tasks or team roles as assigned by the Manager and/or Director

Provides formal supervision to the team members including, but not limited to the following activities: assists in the development and achievement of goals for all team members that align and support company and department goals; provides ongoing feedback to team members; provides coaching and guidance towards team members development; when necessary creates a performance plan for team members not meeting expectations; takes disciplinary/corrective action when necessary involving Human Resources and/or supervisor

Completes individual technical accounting and business-related tasks as assigned in a timely manner, in accordance with applicable GAAP, regulatory requirements (FERC and state regulatory commissions), applicable SOX controls and with a high degree of accuracy

Acts as liaison with other departments within PPL and other constituencies outside of PPL as necessary

Researches and documents accounting issues in technical memos and presents conclusions to more senior levels of management and external auditors. Experienced members would be expected to research highly complex issues or guide team members in performing and documenting accounting research

Develop a thorough understanding of applicable financial and reporting systems, controls and interfaces, as well as understand how to efficiently query needed financial data from systems

Support ad hoc projects and requests

Physical presence in the office/on-site, when needed or requested, to engage in face-to-face interaction and coordination of work among direct reports and co-workers

Performs other duties as assigned

Complies with all policies and standards

Qualification

Utility accountingSarbanes-Oxley complianceFinancial reportingAccounting systems proficiencyCPACMA certificationAnalytical skillsTechnical researchMicrosoft OfficeCommunication skillsTeam collaborationFlexibility

Required

Bachelor's degree in Accounting or a master's degree in Accounting, Master of Business Administration (MBA), or other advanced degree in a business discipline

5+ years Work requires a high level of analytical ability to identify and resolve problems acquired through a minimum of 5-7 years of work experience with progression to more responsibility and positions that required increasing technical skills

High aptitude for learning and using accounting and reporting systems and tools

Requires proficiency in written and oral communication skills, as demonstrated by the communication of complex technical issues verbally and in writing

Working knowledge of Microsoft Office applications; use of excel/word must be excellent

Must function cooperatively as part of a team and exhibit flexibility in response to changing demands and priorities

Candidates must be eligible to work in the United States without sponsorship