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Sr. Manager of Accounting and Reporting

2 months ago

Pittsburgh, United States Duquesne Light Company Full time

Duquesne Light Company, headquartered in downtown Pittsburgh, is a leader in providing electric energy and has been in the forefront of the electric energy market, with a history rooted in technological innovation and superior customer service. Today, the company continues its role as a leader in the transmission and distribution of electric energy, providing a secure supply of reliable power to more than half a million customers in southwestern Pennsylvania.

Duquesne Light Company is committed to creating a culture of inclusion. We value and respect the unique differences and experiences of our employees. We believe that our differences lead to better collaboration, innovation and outcomes. We want you to join our team

The Sr Manager, Accounting and Reporting is responsible for leading the Company’s accounting and reporting teams in managing the accounting, financial reporting and compliance responsibilities of the organization. Reporting directly to the Assistant Controller, the role involves overseeing key accounting functions, ensuring accurate and timely financial statements and providing strategic financial insights to support business objectives. The role requires for individual contribution to success while also leading a high performing team.

Location: Hybrid, downtown Pittsburgh, Pennsylvania

Responsibilities:

  • Oversee the monthly financial close process, including the proper recording of costs and oversight of the journal entry process, reconciliations, and monthly internal and external report preparation.
  • Prepare and review monthly, quarterly, and annual financial statements (including benefits plans).
  • Ensure accuracy and completeness of financial reports in accordance with GAAP (Generally Accepted Accounting Principles).
  • Oversight of the preparation of reports to regulatory agencies including the Pennsylvania Public Utility Commission (PUC) and the Federal Energy Regulatory Commission (FERC).
  • Prepare the annual accounting department budget, analyze variances and initiate corrective actions when necessary. Support the budgeting process by preparing financial data and forecasts.
  • Ensure adherence to internal controls, accounting policies and regulatory requirements.
  • Assist with audits, both internal and external, by preparing necessary documentation and addressing/resolving audit findings.
  • Identify areas for process improvement in accounting procedures and implement best practices.
  • Formulate and implement accounting and financial policies, oversee the research of account issues, and implement accounting pronouncements.
  • Lead the business support of financial information system implementations, including analysis of existing accounting and reporting processes and identification/implementation of improvements that create efficiencies.
  • Provide guidance and support to accounting staff as needed.
  • Train and mentor junior staff members to ensure accuracy and efficiency in accounting and reporting processes.
  • Evaluate performance and provide constructive feedback.
  • Collaborate with other departments to provide financial insights and recommendations.

Education/Experience:

  • Bachelor’s degree in accounting, finance, or related field required.
  • Seven (7+) or more years of related accounting experience required.
  • Certified Public Accountant (CPA) or equivalent required.
  • Previous leadership/management experience strongly preferred.
  • Public accounting experience preferred.
  • Utility experience preferred.

Skills/Abilities:

  • Thorough knowledge of accounting principles and regulatory requirements, including US GAAP.
  • Strong business and commercial acumen.

EQUAL OPPORTUNITY EMPLOYER

Duquesne Light Holdings is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability, sexual orientation and gender identity or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment. An integral part of Duquesne Light Holdings' commitment is to comply with all applicable federal, state and local laws concerning equal employment and affirmative action.

Duquesne Light Holdings is committed to offering an inclusive and accessible experience for all job seekers, including individuals with disabilities. Our goal is to foster an inclusive and accessible workplace where everyone has the opportunity to be successful.