Accounting Lead

Description

• 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.
• Administer and monitor Corporate DOA Policy and system.
• Support the Financial Reporting team by providing fluctuation analysis and preparing disclosures on a quarterly basis.
• 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.
• Complies with all policies and standards.
• 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.
• 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.
• Responsible for reviewing the preparation of indirect intercompany allocations.
• 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.
• 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.
• Acts as liaison with other departments within PPL and other constituencies outside of PPL as necessary.
• Support ad hoc projects and requests.
• 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.
• 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.
• Supports the preparation and review of the Company's financial statements for the Company Foundations.
• Oversees the monthly closing cycle, maintains the closing schedule, organizes and runs the closing meetings.
• 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.
• Responsible to review, update, and maintain multiple key Accounting policies.
• Responsible to provide supporting documentation to comply with audit requests.

Requirements

• High aptitude for learning and using accounting and reporting systems and tools.
• 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.
• Candidates must be eligible to work in the United States without sponsorship.
• 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.
• 3 years of experience in utility accounting, public accounting and SEC reporting, and a working knowledge of Sarbanes-Oxley requirements.
• Working knowledge of enterprise level accounting systems.
• 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.
• Note: This is a hybrid position requiring on-site presence three days per week at one of our local offices, located in Allentown, PA (Lehigh Valley), Louisville, KY, or Providence, RI. #INDPPL
• Demonstrated ability to research technical accounting guidance as evidenced by preparation of technical whitepapers.
• 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.
• CPA or CMA certification.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance