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Senior Accounting Manager
2 months ago
**About Duquesne Light Company**
Duquesne Light Company is a leading provider of electric energy, with a rich history of innovation and customer service. As a leader in the transmission and distribution of electric energy, we serve over half a million customers in southwestern Pennsylvania.
**Our Commitment to Inclusion**
We value and respect the unique differences and experiences of our employees, believing that diversity leads to better collaboration, innovation, and outcomes. We strive to create a culture of inclusion, where everyone feels valued and empowered to contribute.
**Job Summary**
The Senior Accounting Manager will lead our accounting and reporting teams in managing the accounting, financial reporting, and compliance responsibilities of the organization. Reporting directly to the Assistant Controller, this role involves overseeing key accounting functions, ensuring accurate and timely financial statements, and providing strategic financial insights to support business objectives.
**Key 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.
**Requirements**
- 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 and Abilities**
- Thorough knowledge of accounting principles and regulatory requirements, including US GAAP.
- Strong business and commercial acumen.