Accounting Lead

PPL-posted 3 months ago
Full-time
Hybrid • Allentown, PA
Utilities
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This is a hybrid position requiring on-site presence three days per week at one of our local offices, located in Allentown, PA (Lehigh Valley), Louisville, KY, or Providence, RI. This position leads a team of professionals responsible for regulatory reporting requirements for PPL Corporation and its subsidiaries including PPL Electric Company (PPL Electric), Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). This includes the completion of regulatory reporting requirements of the Federal Energy Regulatory Commission (FERC) and applicable state agencies in Pennsylvania, Kentucky, and Rhode Island. The position provides overall direction to the accounting team, while ensuring the team's work product is in compliance with applicable public utility accounting regulations, internal controls, and company policy and procedures. The role provides formal supervision to the team members including coaching, counseling, personal development, and technical accounting support. In addition to the administrative duties of supervising a work group, the Lead also completes individual technical and business-related accounting tasks.

  • Ensures compliance with public utility regulatory requirements (FERC and state regulatory commissions), applicable internal controls and company policy and procedures.
  • Supports the preparation and review of the Company's annual and quarterly FERC and state regulatory commissions filings in accordance with applicable regulations and ensures the tie-out to supporting documentation.
  • Support rate and regulatory teams in rate proceedings or other miscellaneous regulatory matters.
  • Responsible for participating in general ledger maintenance process which includes new account set-ups and mapping for internal and external reporting purposes.
  • Plans and develops rate case exhibits used in determining utility revenue requirements and responses to rate case data requests which are of major magnitude or scope.
  • Prioritizes and directs team activities related to one or more functional accounting areas or processes.
  • Continually looks for (and encourages team members to look for) ways to improve processes for greater effectiveness and efficiency.
  • Ensures team actively promotes company initiatives for safety and wellness, customer experience, inclusion, and employee engagement.
  • Develops proficiency in leadership skills by mentoring, coaching and formal training in supervision and leadership.
  • Provides formal supervision to the team members including development and achievement of goals for all team members.
  • Completes individual technical accounting and business-related tasks as assigned in a timely manner.
  • Acts as liaison with other departments within PPL and other constituencies outside of PPL as necessary.
  • Researches and documents accounting issues in technical memos and presents conclusions to more senior levels of management and external auditors.
  • Develop a thorough understanding of applicable financial and reporting systems, controls and interfaces.
  • Support ad hoc projects and requests.
  • Bachelor's Degree in Accounting, or a master's degree in Accounting, Master of Business Administration (MBA), or other advanced degree in a business discipline.
  • 5+ years of work experience with progression to more responsibility and positions that required increasing technical skills.
  • High level of analytical ability to identify and resolve problems.
  • High aptitude for learning and using other automated accounting and reporting systems and tools.
  • Proficiency in written and oral communication skills.
  • Working knowledge of Microsoft Office applications; use of Excel/Word is required.
  • Must function cooperatively as part of a team and exhibit flexibility in response to changing demands and priorities.
  • Experience in utility accounting, public accounting and FERC reporting.
  • Working knowledge of Sarbanes-Oxley requirements.
  • Demonstrated ability to research technical accounting guidance as evidenced by preparation of technical whitepapers.
  • Working knowledge of enterprise level accounting systems.
  • CPA or CMA certification.
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