Senior Accounting Analyst

1 month ago

Houston, United States Calpine Full time

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 76 power plants in operation and one under construction represents nearly 26,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states, Canada and Mexico. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

The accounting analyst serves as experienced employee in the financial reporting and debt accounting area and brings a strong background of reporting and accounting knowledge to provide input and prepare a quality work product with other team members on analyzing and completing tasks in the financial reporting accounting team. 

The position includes requirements to work collaboratively within the department and with cross functional teams as part of day to day activities. The Financial Reporting team is responsible for the timely and accurate preparation of all quarterly and annual accounting reports including consolidated 10Q and 10K documents, quarterly statutory reporting for specific subsidiaries with debt, pension plan/ 401k audits and other reporting requirements. The team is also responsible for the recording of all debt accounting entries including preparation and maintenance of debt amortization schedules as well as testing internal controls across the company. The position requires a strong background of SEC or similar non-public reporting experience at a large company.

The Accounting Analyst role is responsible for execution and review of accounting and reporting activities and functions related to the financial reporting area and includes analyzing data, preparing journal entries, completing tie out of reporting documents, monthly and quarterly close responsibilities, completing account reconciliations, creation of management reporting packages and analyses and completion of tie out and preparation for financial reports. This role will also support other projects, as needed. The Accounting Analyst is also required to collaborate closely with other accounting groups and others, including Treasury as part of day-to-day activities.

Job Responsibilities

Creation of quarterly and annual financial reports including SEC based 10Q, 10K documents, statutory annual and quarterly reports and pension plan and 401k audit reports Completion of the tie out of all financial reports issued by the company Preparation of monthly journal entries and account reconciliations Execute processes and procedures to comply with monthly financial statement close deadlines Preparation and review of financial reporting schedules related to corporate accounting areas Preparation of debt covenant calculations and support Ensure the accuracy of all amounts within the reporting documents and completeness of disclosures Performance of key controls in the financial reporting area Perform testing of controls performed by other groups in accordance with internal audit testing methodology

Job Scope & Span of Control

Solid, working knowledge of area and tasks Performs specified tasks related to G/L and monthly close, reporting and reconciliations. Applies advanced skills contributing to knowledge areas within function. Experienced professional with understanding of job, company and industry practices.

Decision Making & Impact

Makes decisions regarding own work, often in ambiguous situations; makes recommendations regarding own function/discipline. Solves operational problems and associated technical issues; modifies existing tools, techniques or processes. Works with others within their team to identify process improvements and resolutions including identification and implementation of controls May make recommendations on new processes, tools and services.

Work Complexity

Works on problems of moderate complexity. Fully uses independent judgment within defined policies and practices. Interprets guidelines, select methods, techniques and analytical approach. Applies analytical skills to interpret and explain resulting work deliverables and/or detect and resolve issues.

Self-Management & Leadership

Little instruction on day-to-day work, general instructions on new assignments. Serves as project/technical lead on small to medium sized projects; may coordinate work of professionals, technicians and others outside of own department. May be designated project or technical lead for an ongoing process or short-term project within own department.

Communication & Influence

Information sharing – gives and receives information such as options, technical direction, instruction and reporting results with others within the group. Continues to grow professional network and identifies and connects resources to achieve goals. Regularly contributes actionable ideas in brainstorming and planning sessions. Collaborates well with others within the team

Job Requirements

Bachelor's degree in Accounting is required Minimum of 4 – 6 years of related work experience including reporting specific experience Strong analytical and computer skills are required, include being proficient with MS Office Experience with Peoplesoft and Workiva preferred but not required Ability to comprehend process automation and integration Ability to work in a fast-paced environment, with significant deadlines.  Must be able to work longer hours at various times during the year to meet deadlines and job requirements.

Additional Calpine Information

Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.

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