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PPL Corporation Cash Operations Analyst in Allentown, Pennsylvania

Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

Overview

This position will operate on a hybrid basis and may be based out of our Allentown, PA or Louisville, KY locations.

Our Treasury Operations department is looking for an organized and self-motivated analyst to perform cash control functions. The analyst must have a thorough understanding of effective control models, specifically related to the safeguarding of cash while operating under the framework of SOX 404 requirements. The successful candidate should have the ability to communicate effectively, both verbally and in writing, as well as possess problem solving and time management skills, be detail-oriented, and be comfortable working in a team environment.

Responsibilities

This position may be hired at the Associate Cash Operations Analyst, Cash Operations Analyst or Senior Cash Operations Analyst level. Level will be based on the successful candidate's background, education & experience.

  • Perform daily cash and system controls.

  • Perform daily positive pay controls to safeguard against fraudulent checks.

  • Perform daily matching of book records to bank transactions in Treasury reconciliation software.

  • Research and resolve any issues or exceptions that arise from daily matching.

  • Prepare and analyze monthly bank reconciliations and resolve discrepancies.

  • Research complex reconciliation and accounting issues to recommend appropriate resolutions for accounting close.

  • Perform monthly, quarterly, and annual SOX controls.

  • Identify and implement process improvements and manage procedures to ensure updated documentation.

  • Interface with internal and external auditors concerning the cash controls of the Company.

  • Manage unclaimed property compliance, including communicating with claimants of unclaimed property, preparing search letters and state reports, and remitting property due to the states.

  • Assist on special projects and ad hoc analysis, as needed.

  • Provide customer service for both internal/external customers in a positive and professional manner.

  • Handle and safeguard cash records and confidential information.

  • Physical presence in the office to engage in face-to-face interaction and collaboration of work among co-workers.

Qualifications

This position may be hired at the Associate Cash Operations Analyst, Cash Operations Analyst or Senior Cash Operations Analyst level. Level will be based on the successful candidate's background, education & experience.

Basic Qualifications – Associate Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • 0 to 2 years financial experience

  • Basic knowledge of accounting principles, cash transaction rules, and financial processes

  • Proficient knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Ability to problem solve and prioritize issues resolution

  • Strong attention to detail

  • Strong written and oral communication skills

Basic Qualifications – Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • 2 to 5 years financial experience in Cash Management / Treasury function

  • Proven understanding of accounting principles, cash transaction rules, and financial processes

  • Intermediate knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Ability to problem solve and prioritize issues resolution

  • Strong attention to detail

  • Strong written and oral communication skills

Basic Qualifications – Senior Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • At least 5 years financial experience in Cash Management / Treasury function

  • Thorough understanding of accounting principles, cash transaction rules, and financial processes

  • Expert knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Strong analytical and problem-solving skills and ability to organize and prioritize multiple tasks under constraints

  • Strong attention to detail, with proven track record of accuracy

  • Strong written and oral communication skills

  • MBA or Professional Certification (CPA, CTP, CFA) preferred

This position may be hired at the Associate Cash Operations Analyst, Cash Operations Analyst or Senior Cash Operations Analyst level. Level will be based on the successful candidate's background, education & experience.

Basic Qualifications – Associate Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • 0 to 2 years financial experience

  • Basic knowledge of accounting principles, cash transaction rules, and financial processes

  • Proficient knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Ability to problem solve and prioritize issues resolution

  • Strong attention to detail

  • Strong written and oral communication skills

Basic Qualifications – Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • 2 to 5 years financial experience in Cash Management / Treasury function

  • Proven understanding of accounting principles, cash transaction rules, and financial processes

  • Intermediate knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Ability to problem solve and prioritize issues resolution

  • Strong attention to detail

  • Strong written and oral communication skills

Basic Qualifications – Senior Cash Operations Analyst

  • Bachelor's degree in Accounting, Finance or related discipline

  • At least 5 years financial experience in Cash Management / Treasury function

  • Thorough understanding of accounting principles, cash transaction rules, and financial processes

  • Expert knowledge of MS Office (Excel, Word, PowerPoint) and financial systems

  • Strong analytical and problem-solving skills and ability to organize and prioritize multiple tasks under constraints

  • Strong attention to detail, with proven track record of accuracy

  • Strong written and oral communication skills

  • MBA or Professional Certification (CPA, CTP, CFA) preferred

This position may be hired at the Associate Cash Operations Analyst, Cash Operations Analyst or Senior Cash Operations Analyst level. Level will be based on the successful candidate's background, education & experience.

  • Perform daily cash and system controls.

  • Perform daily positive pay controls to safeguard against fraudulent checks.

  • Perform daily matching of book records to bank transactions in Treasury reconciliation software.

  • Research and resolve any issues or exceptions that arise from daily matching.

  • Prepare and analyze monthly bank reconciliations and resolve discrepancies.

  • Research complex reconciliation and accounting issues to recommend appropriate resolutions for accounting close.

  • Perform monthly, quarterly, and annual SOX controls.

  • Identify and implement process improvements and manage procedures to ensure updated documentation.

  • Interface with internal and external auditors concerning the cash controls of the Company.

  • Manage unclaimed property compliance, including communicating with claimants of unclaimed property, preparing search letters and state reports, and remitting property due to the states.

  • Assist on special projects and ad hoc analysis, as needed.

  • Provide customer service for both internal/external customers in a positive and professional manner.

  • Handle and safeguard cash records and confidential information.

  • Physical presence in the office to engage in face-to-face interaction and collaboration of work among co-workers.

Remote Work

The company reserves the right to determine if this position will be assigned to work on-site, remotely, or a combination of both. Assigned work location may change. In the case of remote work, physical presence in the office/on-site may be required to engage in face-to-face interaction and coordination of work among direct reports and co-workers.

Equal Employment Opportunity

Our company is an equal opportunity, affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, protected veteran status, sexual orientation, gender identify, genetic information, disability status, or any other protected characteristic.

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