Senior Accounting Analyst - Materials & Supplies Accounting

Duke Energy Corporation•Charlotte, NC

6d•Hybrid

About The Position

Materials & Supplies Accounting, within the Controller's Department, provides accounting, financial analysis, reporting, and control support for inventory and related materials and supplies activities across Duke Energy. The Senior Accounting Analyst applies technical accounting knowledge, research capabilities, and sound judgment to support accurate inventory accounting and compliance with GAAP, FERC requirements, company policy, and internal controls. The role performs complex analysis, account reconciliations, and research related to inventory balances, transactions, reserves, and operational activity. It partners with Supply Chain, Operations, Finance, auditors, regulatory teams, and other stakeholders to resolve issues, respond to data requests, support financial reporting, and communicate results and recommendations to management. This is the fourth level of the financial analysis classification hierarchy. Employees at this level generally work independently with minimal guidance, solve complex problems, apply in-depth knowledge and experience, and serve as a resource for less experienced employees.

Requirements

Bachelor's degree in Accounting, Finance, Economics, or another closely related discipline.
At least three years of increasingly diverse or complex experience in a related field, in addition to the degree.
Comprehensive and strategic knowledge of accounting and finance principles, practices, and procedures sufficient to complete complex assignments.
Experience with financial systems and advanced Microsoft Office product skills, including Word, Excel, PowerPoint, Copilot, and Power BI.
Ability to work lawfully in the U.S. without employment-based immigration sponsorship, now or in the future.

Nice To Haves

Six or more years of increasingly diverse or complex experience in a related field, in addition to the degree.
CPA or CPA candidate.
Graduate degree in Accounting, Business, or a related field.
Previous experience in utility, inventory, materials and supplies, cost, or regulatory accounting.
Knowledge of GAAP and FERC accounting requirements applicable to utility inventory and materials and supplies.
Experience with IBM Maximo, PeopleSoft, Power BI, or other inventory, reporting, or data analytics tools.
Experience with inventory reconciliations, physical inventory or cycle counts, inventory valuation, excess and obsolete inventory analysis, or internal controls.
Effective written and oral communication, collaboration, and stakeholder management skills.
Advanced analytical and critical thinking skills, including the ability to work with and interpret large data sets.
Ability to work independently, manage competing priorities, and adhere to strict deadlines and schedules.
Ability to work in a team environment and foster productive relationships with teammates and business partners.
Strong organization and attention to detail, and ability to manage multiple assignments efficiently.

Responsibilities

Perform complex materials and supplies accounting and analysis, including reviewing inventory balances, transactions, valuation, reserves, adjustments, and other activity to support accurate and timely financial reporting.
Ensure inventory-related accounting complies with GAAP, FERC requirements, company policies, and internal controls, while meeting monthly, quarterly, and year-end close deadlines.
Prepare and review journal entries, account reconciliations, variance analyses, and management reporting; research unusual items and coordinate resolution of reconciling differences.
Analyze inventory data and operational trends to identify risks, anomalies, root causes, and opportunities to improve accounting accuracy, controls, and business processes.
Support accounting for excess, obsolete, slow-moving, damaged, or otherwise impaired materials and supplies, including analysis, documentation, and coordination with business partners.
Partner with Supply Chain, Operations, Finance, Tax, Rates & Regulatory, internal and external auditors, and other stakeholders to resolve issues and promote consistent accounting treatment.
Respond to audit, regulatory, and management data requests by researching source information, preparing supporting documentation, and communicating conclusions in a timely and concise manner.
Use IBM Maximo, PeopleSoft, advanced Excel, and data analytics tools to extract, validate, reconcile, and present information.
Drive process improvement and automation by identifying control gaps, reducing manual effort and redundancies, improving documentation, and implementing sustainable solutions.
Manage multiple priorities and projects, communicate status and risks, and escalate issues as appropriate.
Share knowledge, support teammates, guide less experienced employees, and serve as a thought partner on complex accounting matters.