Business Finance Specialist
Ppl Corporation
Finance specialist managing budgeting, forecasts, regulatory filings and process improvements.
13 days ago ago
Experienced (8-12 years)
Full Time
Providence, RI
Hybrid
Company Size
9,657 Employees
Service Specialisms
Construction services
Engineering
Project Management
Consulting
Technical Services
Design
Turnkey
General Contractor
Sector Specialisms
Electric Distribution
Electric Transmission
Gas Distribution
Gas Transmission
Regulated Generation
Power Generation
Wholesale Energy Sales
Retail Energy Supply
Role
What you would be doing
financial analysis
budgeting
capital forecast
process improvement
regulatory filings
team oversight
- Solve complex business problems and analyze business results.
- Engage regularly with business partners and pursue enhancements to business relationships.
- Oversee junior team members as they perform analyzes of financial results compared to budget or forecast expectations by examining cost data, following up on major variances and requesting explanations from appropriate functions/departments.
- Review and/or perform day-to-day accounting and budgeting functions including project/work order maintenance, project/task setup, monthly manual accrual journal entries, expense coding support, etc.
- Lead special projects identified by management with manager guidance.
- Actively monitor capital projects and make forecast changes as needed to match revised construction plans and monitor operations and maintenance expenses to support corporate targets.
- Full responsibility to provide accurate and timely response to annual operating plan and budget requirements. This includes, but is not limited to, financial target communication to line of business leaders, develop the plan for full utilization of labor resources, identification of support function labor requirements, and preparation and delivery of leadership
- Maintain a thorough working knowledge of Generally Accepted Accounting Principles (GAAP) and continually provide FERC Classification of accounts guidance.
- Lead business partners with the identification and quantification of process improvements and lead the implementation of improvements.
- Oversee the planning and budgeting function, including business case development and preparation of capital governance documentation supporting capital project approval.
- Oversee the development of the line of business goals, objectives and operating budgets.
- Oversee complex regulatory support which includes rate cases, regulatory assets or liabilities, mechanism/tracker filings, as well as other filings as required.
What you bring
interpersonal
budgeting
reporting
bachelor's
7 years
mba
- Uphold outstanding interpersonal skills for continuous interaction with, and presentation to, all levels of management and administrative staff.
- Expert knowledge of computer systems used for budgeting, including the ability to train junior employees on how to use the computer system to input, retrieve and display budget/forecast information. Possess the expertise to modify standard reports where applicable or, if necessary, create ad-hoc reports. Be able to lead system upgrades and testing if needed.
- Bachelor’s degree in accounting, finance, management, economics, marketing or related field and a minimum of seven years’ experience in a finance related field.
- Advanced degrees including MBA, CPA or CGMA, as well as knowledge or experience in the energy/power industry.
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
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Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
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Company
Overview
Founded in 1920
Year of Incorporation
The company was established in 1920 as Pennsylvania Power & Light, marking the beginning of its journey in the energy sector.
$14 billion invested
Infrastructure Investment
Over recent years, the company has invested over $14 billion to modernize its grid and strengthen infrastructure.
$7–8 billion annual revenue
Financial Performance
The company generates approximately $7–8 billion in annual revenue, reflecting its position as a large-cap utility provider.
50 J.D. Power awards
Customer Satisfaction Recognition
Its grid modernization efforts have earned national recognition, including over 50 J.D. Power awards for customer satisfaction.
- Headquartered in Allentown, Pennsylvania, it operates across Pennsylvania, Kentucky, Virginia, and Rhode Island.
- Structured into three regulated segments—Kentucky, Pennsylvania, and Rhode Island—it delivers both electricity and natural gas.
- Over recent years, it has invested more than $14 billion (up to $20 billion by 2028) to modernize its grid and strengthen infrastructure.
- Typical projects include transmission upgrades, smart-grid technology deployment, and large-scale infrastructure resilience enhancements.
- Its grid modernization efforts have earned national recognition, including over 50 J.D. Power awards for customer satisfaction.
- Notably, after spinning off non-regulated generation in 2015 and selling UK operations in 2021, it refocused on U.S. utilities and acquired Rhode Island Energy in 2022.
- Safety and Health: We do not compromise on safety and health.
- Customer Focus: We deliver customer service that is second to none.
- Diversity, Equity and Inclusion: We value each other and appreciate our differences.
- Performance Excellence and Innovation: We get the job done right, and we are always improving.
- Integrity and Openness: We do the right thing.
- Corporate Citizenship: We are environmentally conscious and invested in the communities we serve.
Net-zero by 2050
Carbon Emissions Target
Aiming to achieve net-zero carbon emissions by 2050 through comprehensive sustainability strategies.
70% and 80% Reduction
CO2 and GHG Emissions Targets
Reduction targets for CO2 and other greenhouse gases, with 70% by 2035 and 80% by 2040 from 2010 levels.
$20B Investment
Infrastructure Modernization
Invested $20 billion over the last decade to modernize transmission and distribution infrastructure in Pennsylvania and Kentucky.
$2.4B Improvements
Infrastructure Completed 2023
Completed $2.4 billion in infrastructure improvements in 2023, on time and within budget.
- Engaged in over 150 active R&D projects.
- Generated $75 million in O&M savings in 2023 through technology and transformation initiatives.
- Expanded use of smart grids, automation, data analytics, and AI.
- Donated over $13.6 million to community improvement initiatives in 2023.
- Achieved top-quartile reliability across utilities and best-in-nation generation reliability in Kentucky.
- Discloses via CDP, EEI‑AGA and aligns with GRI, SASB and TCFD frameworks.
Top 1 utility
ESG & workforce diversity ranking
Recognized as the top utility company by DiversityInc for its commitment to ESG and workforce diversity.
100% DEI score
Disability Equality Index
Received a perfect score on the Disability Equality Index (DEI) in 2019 and annually since 2018, earning recognition as a Best Place to Work for disability inclusion.
100+ students supported
Day-in-the-Life program
Hosts an annual program providing real-world work experience for college students on the autism spectrum and other disabilities.
Annual conference held
Diverse business partnerships
Organizes an annual supplier diversity conference focused on expanding opportunities for diverse business partnerships.
- Company-wide DEI strategy focused on workforce development, inclusive culture, community support, customer engagement, and diverse supplier partnerships.
- 16 employee-led resource groups fostering professional development and cultural awareness.
- Active REACH employee resource group addressing the needs and well-being of employees with disabilities.
- Mentorship opportunities through Disability:IN’s NexGen Leaders program.
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