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Lead Accounting Analyst

3 months ago

Charlotte, United States Duke Energy Full time

More than a career - a chance to make a difference in people's lives. Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits. Position Summary This is the fifth level of the financial analysis classification hierarchy. Progression to this level is typically restricted on the basis of business need. Employees at this level solve complex problems and interpret internal or external business issues and recommend solutions. Incumbents provide leadership (advising and providing direction) to others in financial areas of specialization and may coordinate daily work activities or review the work of other teammates. Employee may also regularly lead projects. Employee works independently, with guidance in only the most complex situations. Incumbent has specialized depth and/or breadth of expertise. Lead Accounting Analyst for the Accounting Research Group is responsible to ensure accounting impacts of the company’s business activities and transactions are understood and properly recorded to the general ledger, and that such accounting impacts, and related variances to budget or prior year results, are adequately explained and properly presented in internal and/or external financial reports. The Lead Accounting Analyst has responsibility as a primary business contact for capitalization decisions, interpreting and maintaining the company’s Capitalization Guidelines policy, performing asset accounting related technical research, writing accounting position papers, reviewing Transaction Review Committee projects for asset accounting impacts as well as other tasks that may be nonrecurring and not covered in other areas of Asset Accounting. The position interacts with all levels of management to communicate technical opinions on capitalization issues as well as frequent interaction with external auditors. The Lead Accounting Analyst is responsible for performing tasks in an accurate and timely manner in accordance with published deadlines while strictly adhering to company policies and controls. Responsibilities Demonstrate leadership as a resource for technical expertise, guidance, and assistance for questions and problems related to asset accounting related issues and financial reporting/analysis. Understand assigned responsibilities, relevant GAAP and FERC accounting guidance, and operational matters that affect the asset accounting cycle. Maintain good working knowledge of accounting policies and impacts. Lead implementation for impacts of new accounting pronouncements. Research asset related regulatory matters on assets and document appropriate accounting treatment. Perform research of GAAP and regulatory accounting matters including rate case support, new rate order implementation. Document appropriate accounting treatment and prepare accounting position papers. Preparation and review of monthly journal entries, account reconciliations and analysis, and financial statement analysis. Prepare and review financial schedules, data requests, internal and external reporting, and FERC filings. Prepare and present analysis of financial data for management reporting. Work with internal and external auditors, providing necessary information and answering questions. Required/Basic Qualifications Bachelor’s degree with major in Accounting/Finance or related discipline. Five (5) plus years of increasingly diverse or complex experience in related field in addition to degree. Possesses and applies fundamental accounting and finance concepts, practices, and procedures. Experience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI). Experience using Microsoft products such as Excel, Word and Power Point. Desired Qualifications CPA or working toward CPA. Advanced degree, preferably in Accounting. Eight (8) years or more of professional work related experience. Experience in an accounting research role. Good knowledge of GAAP accounting and familiarity with FERC Uniform System of Accounts. Knowledge of capitalization principles (capital vs O&M decisions). Demonstrated effective verbal and written communication skills with all levels of the organization. Working Conditions Hybrid Mobility Classification – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to a Duke Energy facility. Travel Requirements 5-15% Relocation Assistance Provided No Represented/Union Position No Visa Sponsored Position No Posting Expiration Date Wednesday, September 27, 2023 All job postings expire at 12:01 AM on the posting expiration date. Please note that in order to be considered for this position, you must possess all of the basic/required qualifications. #J-18808-Ljbffr