Manager Accounting II

Duke Energy•Charlotte, NC

4d•Hybrid

About The Position

The purpose of the Manager Accounting II position is to manage and develop a team of individuals who perform tasks associated with the company’s accounting close and financial reporting processes. In this role, the Manager Accounting II is responsible for ensuring that the accounting impacts of the company’s business activities and transactions are understood and properly recorded to the general ledger, and that such accounting impacts and related variances to budget and prior year results, if applicable, are clearly explained and properly presented in internal and/or external financial reports as needed. The Manager Accounting II is also responsible for ensuring that the team, including the outsourced team, performs its tasks in an accurate and timely manner in accordance with published deadlines while strictly adhering to company policies and controls. The role is critical to support Fuel Inventory and Settlements across the organization, ensuring timely payment of fuel and accurate recordkeeping utilizing Comtrac and CXL systems. The Manager Accounting II will support the development of the team and work closely with offshore accounting personnel from our partnership with E&Y. This Manager Accounting II role will promote continuous process improvement, drive efficiencies, and lead by example through embracing and exemplifying Duke’s values. The role is a single contact for Rates, FP&A, Treasury, and other organizations on any and all accounting matters related to the business they support.

Requirements

Bachelor’s Degree in Economics, Finance, Accounting, or other related degree
Eight (8) years related work experience

Nice To Haves

Prior Big 4 or other public accounting experience
Prior experience with rate filings (e.g., preparing, interpreting, and/or accounting for base rate, fuel, rider, and deferral request filings)
Experience with Peoplesoft and OneStream
Knowledge of FIHUB Cube reporting
Experience in preparing FERC annual and quarterly reports
Experience in an accounting research role; writing accounting position papers
CPA license
Knowledge of regulated utility accounting and ratemaking principles
Familiarity with FERC chart of accounts
Extensive experience with accounting systems/applications
Demonstrated ability to apply critical thinking and problem-solving skills to pertinent business issues
Effective interpersonal skills, team oriented
Demonstrated ability to communicate effectively both verbally and in writing with all levels of the organization
Proven ability to manage multiple tasks simultaneously
Proven ability to delegate, lead a team, and develop talent
History of high-quality work in an accounting environment dealing with rigorous reporting and closing deadlines
Demonstrated ability to drive process efficiency improvements

Responsibilities

Understand assigned responsibilities, relevant GAAP and FERC accounting guidance, and operational matters that affect the accounting cycle
Review month-end deliverables (primarily journal entries)
Review account reconciliations
Work with the appropriate parties to resolve accounting issues as they arise
Ensure SOX control structure is in place and monitored with respect to the close process
Prepare or review documentation for accounting conclusions on accounting matters
Ensure strict adherence to closing deadlines
Review monthly internal financial reports as assigned
Review quarterly SEC and FERC financial reports, including supporting schedules
Review periodic state regulatory financial reports
Ensure SOX control structure is in place and monitored with respect to the reporting process
Work with independent auditors on annual audited financial statements
Work with the appropriate parties to resolve issues as they arise
Develop and coach internal staff, and foster knowledge sharing with the dedicated offshore team
Support regulatory filing efforts including rate cases and rider filings for retail business
Support fuel audits and data requests
Lead and/or participate in efficiency and process improvement efforts
Assist with special projects (e.g., new revenue recognition and lease standards)
Research regulatory matters and related impacts