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Staff Accountant

2 months ago

Chicago, Illinois, United States Exelon Full time

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

PRIMARY PURPOSE OF POSITION

Perform a variety of accounting assignments within a Business Unit or functional area of responsibility. Record and report financial transactions, reconcile accounts and ensure compliance with Sarbanes-Oxley control requirements. Produce accurate and timely financial statements as needed, including, if appropriate, FERC based financial statements. Participate, as needed, in the planning and analysis function for the Business Unit or functional area of responsibility in coordination with FP&A. Maintain and identify opportunities to enhance internal controls and support regulatory compliance and business planning by performing analyses. Work closely with other departments and business units regarding accounting activities.

PRIMARY DUTIES AND ACCOUNTABILITIES

  • Support and participate in the monthly financial statement close process for Business Unit or functional area of responsibility, ensuring that all financial transactions are recorded accurately and timely as well as analyzing and reviewing financial statements and variances. Consult and liaise with operating unit finance personnel on accounting issues. (40%)
  • Prepare, review and analyze account reconciliations for companies and/or designated functions within Business Unit or functional area of responsibility. Ensure compliance with Sarbanes-Oxley control requirements. (20%)
  • Prepare the monthly reporting packages, including analysis of current actual results to prior period actual results for use in internal and external reporting. Assists in the accounting, analysis and budgeting of various accounts in coordination with FP&A. (20%)
  • Interact with internal and external auditors, Controller's Group and Business Units as required to accomplish goals. (10%)
  • Assist, as needed, in special projects and the implementation of changes in FASB/GAAP. (10%)

JOB SCOPE

  • Perform day-to-day activities associated with the monthly financial statement close process.
  • Ensure financial transactions are recorded accurately and timely.
  • Proactively notify Principal, Manager or Director of any accounting/reporting issues or concerns.
  • Work closely with other departments and Business Units regarding accounting activities.
  • Work output has considerable impact on the work of other financial functions, reporting and decision making processes. Impact on earnings focuses on appropriate utilization / development of resources.
  • Work with various parties, both within the Controller's Group as well as other areas of the company, to accomplish goals, resolve issues and enhance and improve processes. Contact with others requires tact and persuasiveness.
  • Work is varied and somewhat difficult in nature, but usually involves limited responsibility. Requires moderate exercise of judgment, initiative, and ingenuity to select the most appropriate course of action.
  • May participate in planning processes at project and departmental level.
  • Work under minimal supervision.
  • Position, at times, may require overtime, weekend work and limited travel.

MINIMUM QUALIFICATIONS

  • Bachelor's degree in Accounting or equivalent
  • 2-4 years of related experience
  • Demonstrated technical knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
  • Understands requirements for documentation in work papers, disclosures and memos; demonstrated ability to document a broad range of technical issues
  • Demonstrated successful use of technology to improve process efficiency
  • Effective teambuilding and leaderships skills
  • Demonstrated project management skills
  • Commitment to highest standards of quality and integrity
  • Exude a high degree of professionalism and treats others with respect

PREFERRED QUALIFICATIONS

  • MBA with a concentration in Accounting or Finance
  • CPA
  • Public accounting experience
  • Regulatory/utility/FERC/SEC reporting or energy industry experience