Job Information
PPL Corporation Senior Accountant 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 is responsible for performing and/or coordinating demanding and complex reporting and financial activities and analysis. This is a key contributor in a complex environment who may lead functional teams or projects. Position requires a high level of knowledge and understanding of technical accounting procedures, rules, and regulations, particularly as they relate to electric and gas utilities. Position is responsible for recommending changes in methods and procedures for reporting activities and for providing guidance and training for other analysts.
NOTE: This position is hybrid to one of our local offices in: Allentown, PA or Louisville, KY
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LI-Hybrid
Responsibilities
Prepares high-level schedules and coordinates the compiling and analysis of other supporting schedules included in the monthly, quarterly and annual financial reports and filings with the Federal Energy Regulatory Commission (FERC), state regulatory bodies, and others, including FERC Forms 1, 3Q and 60.
May lead functional teams or projects to achieve milestones and objectives and will occasionally present topical matters to senior leadership in the company. Trains and develops subordinate staff.
Possesses an extensive knowledge of generally accepted accounting principles and accounting policies and procedures unique to the utility industry.
Plans, develops and performs in-depth analysis of financial reports or account activity to ensure amounts are reported accurately.
Prepares financial calculations, reports, and analyses for senior management, other departments, internal and external auditors, and governmental agencies (PSC, PUC, FERC, etc.).
Solves complex problems; takes a broad perspective to identify innovative solutions and makes use of knowledge of company operations, technical accounting matters and industry regulation.
Ensures all accounting and reporting is compliant with FERC and regulatory requirements and assists with accurate and timely adoption of new regulations.
Provides guidance and detailed instruction in regulatory reporting matters to other departments, management, and analysts in other areas of the corporation.
Coordinates computer and PC application development as related to reporting activities.
Responsible for the training and development of accounting analysts; often performs first-level review of workpapers prepared by other analysts.
Works independently and operates with appreciable latitude for unreviewed action or decisions.
Ensure proper process and systems documentation is maintained.
Performs other duties as assigned.
Qualifications
Senior Accountant Requirements
Bachelor’s degree in business discipline with at least 3 accounting courses and 5 years accounting experience OR Bachelor's Degree in Accounting with 3-5 years of accounting-related experience.
Requires strong Excel skills and aptitude for accounting information systems
Must have strong working knowledge of accounting principles and their application to the utility industry.
Preferred Qualifications
Utility specific accounting experience
CPA, CMA, and/or master’s degree, or pursuit thereof.
Above-average communication and interpersonal skills for presenting financial explanations and oral/written information to others, both within and outside the corporation.
Current working knowledge of FERC requirements, SEC requirements, tax requirements and other reporting requirements.
Senior Accountant Requirements
Bachelor’s degree in business discipline with at least 3 accounting courses and 5 years accounting experience OR Bachelor's Degree in Accounting with 3-5 years of accounting-related experience.
Requires strong Excel skills and aptitude for accounting information systems
Must have strong working knowledge of accounting principles and their application to the utility industry.
Preferred Qualifications
Utility specific accounting experience
CPA, CMA, and/or master’s degree, or pursuit thereof.
Above-average communication and interpersonal skills for presenting financial explanations and oral/written information to others, both within and outside the corporation.
Current working knowledge of FERC requirements, SEC requirements, tax requirements and other reporting requirements.
Prepares high-level schedules and coordinates the compiling and analysis of other supporting schedules included in the monthly, quarterly and annual financial reports and filings with the Federal Energy Regulatory Commission (FERC), state regulatory bodies, and others, including FERC Forms 1, 3Q and 60.
May lead functional teams or projects to achieve milestones and objectives and will occasionally present topical matters to senior leadership in the company. Trains and develops subordinate staff.
Possesses an extensive knowledge of generally accepted accounting principles and accounting policies and procedures unique to the utility industry.
Plans, develops and performs in-depth analysis of financial reports or account activity to ensure amounts are reported accurately.
Prepares financial calculations, reports, and analyses for senior management, other departments, internal and external auditors, and governmental agencies (PSC, PUC, FERC, etc.).
Solves complex problems; takes a broad perspective to identify innovative solutions and makes use of knowledge of company operations, technical accounting matters and industry regulation.
Ensures all accounting and reporting is compliant with FERC and regulatory requirements and assists with accurate and timely adoption of new regulations.
Provides guidance and detailed instruction in regulatory reporting matters to other departments, management, and analysts in other areas of the corporation.
Coordinates computer and PC application development as related to reporting activities.
Responsible for the training and development of accounting analysts; often performs first-level review of workpapers prepared by other analysts.
Works independently and operates with appreciable latitude for unreviewed action or decisions.
Ensure proper process and systems documentation is maintained.
Performs other duties as assigned.
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.