Financial Analyst I OR II - Power Grid Operations Midwest Finance

Duke Energy•Cincinnati, OH

4d•Hybrid

About The Position

The role will be responsible for accounting, financial analysis, budgeting, and reporting support to Power Grid Operations Midwest business unit. This position requires a blended knowledge of technical and functional financial reporting and analysis skills. This position works closely with the business customers to analyze and report variances, trends and plans. Key activities include financial planning, managing the budget development as well as monthly, year to date, and year-end financial analysis. The role will work with business representatives at all levels to provide the expertise/assistance necessary for the business to achieve financial success.

Requirements

Bachelor’s degree with major in Accounting, Finance, Economics, or Other Related Degree
One (1) plus years of increasingly diverse or complex experience in related field in addition to degree (for Financial Analyst I)
Two (2) plus years of increasingly diverse or complex experience in related field in addition to degree (for Financial Analyst II)
Possesses and applies fundamental accounting and finance concepts, practices, and procedures
Experience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI)
Experience using Microsoft products such as Excel, Word and Power Point
Must have 1 year (2+ desired) of increasingly diverse or complex experience in a related field in addition to degree (Specific Requirements Financial Analyst I)
Must have 2 years (4+ desired) of increasingly diverse or complex experience in a related field in addition to degree (Specific Requirements Financial Analyst II)
This role requires the ability to work lawfully in the U.S. without employment-based immigration sponsorship, now or in the future.

Nice To Haves

Graduate degree in Accounting, Business or related fields
Certified Public Accountant (CPA) or similar certification (or working toward certification)
Experience in regulated utility accounting
Demonstrated communication and interpersonal skills
Ability to build relationships with customers at all levels within the organization
Ability to work independently and in a team environment; demonstrated initiative within current team
Possesses and applies comprehensive and strategic knowledge of accounting and finance principles, practices, and procedures to complete complex assignments
Experience with financial applications (i.e., PeopleSoft, WebI, Power Plant, Analysis Services etc.)
Proficient use of Power BI, PowerPivot, Power Query and Microsoft products such as Excel, Word, & Power Point.
Master's in Accounting or MBA
Professional certification (e.g., CPA, CFA)

Responsibilities

Provide financial, accounting, and business management analytical support to various levels of management and customers.
Budget development for supported functions.
Evaluate and report business unit O&M and capital budget variances that allows for accurate financial reporting and accurate year end projections.
Support the reporting process within the region to facilitate understanding of business and variance impacts to zone and employees.
Compile and analyze statistical data to identify and correct errors and to evaluate general content.
Prepare, check and/or post journal entries and accruals on an as needed basis.
Perform account reconciliations on an as needed basis.
Serve as key interface to zone on understanding and implementation of financial policies and procedures.
Collaborate with peer analysts to improve work processes and efficiencies across all zones
Support for cost-reimbursable spend related to costs in aid of construction, solar projects, and highway/DOT projects
Analyze cost pool charging for adherence to applicable policies and for reasonableness of O&M and capital splits
Develop an understanding of the work management systems and the accounting mapping to support the work orders.
Prepare financial schedules required to meet monthly and quarterly business unit data requests from Corporate Accounting.
Work with internal and external auditors, providing necessary information and answering questions as needed.
Assist in SOX documentation updates and management testing as needed.
Maintain good working knowledge of accounting policies and impacts as required.
Actively seek to identify and meet customer needs with a sense of urgency, taking ownership of customer issues and problems until resolved.
Overtime may be required during monthly/quarterly/annual closing processes, the annual budget process, and the rollout of new and/or revised processes.