Senior Accounting Analyst - Materials & Supplies Accounting

Duke Energy•Charlotte, NC

4d•Hybrid

About The Position

Materials & Supplies Accounting is part of the Controller's Department and 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 skills, and sound judgment to support accurate inventory accounting and compliance with GAAP, FERC requirements, company policy, and internal controls. The role performs complex analyses, reconciliations, and research involving inventory balances, transactions, reserves, and operational activity. It works with Supply Chain, Operations, Finance, internal and external auditors, regulatory teams, and other stakeholders to resolve issues, respond to requests, support financial reporting, and communicate results and recommendations to management. This is the fourth level of the financial analysis classification hierarchy. Progression to this level is typically restricted based on business need. Employees at this level work independently with minimal guidance, use in-depth knowledge and experience to solve complex problems, and act as a resource for less experienced employees. The position is hybrid after the onboarding period. Employees must live within a reasonable commute—no more than 50 miles one way—from their designated Duke Energy facility and are expected to work onsite an average of three full workdays per regular workweek, as directed by their manager. Some overtime is likely but intended to be infrequent, particularly during close periods, audits, physical inventory activities, or other critical deadlines. Travel is 5–15%.

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 applied to complex assignments.
Experience with financial systems and advanced Microsoft Office skills, including Word, Excel, PowerPoint, Copilot, and Power BI.
Ability to work independently, manage competing priorities, and meet strict deadlines and schedules.
Ability to work collaboratively and foster productive relationships with teammates and business partners.
Strong written and oral communication, collaboration, and stakeholder management skills.
Strong analytical and critical-thinking skills, including the ability to work with and interpret large data sets.
Strong organization and attention to detail, with the ability to manage multiple assignments efficiently.

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.
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.

Responsibilities

Perform complex materials and supplies accounting and analysis, including reviewing inventory balances, transactions, valuation, reserves, adjustments, and related activity.
Ensure inventory accounting complies with GAAP, FERC requirements, company policies, and internal controls, and meets monthly, quarterly, and year-end close deadlines.
Prepare and review journal entries, account reconciliations, variance analyses, and management reports; research unusual items and resolve 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, 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 clearly and promptly.
Use financial and inventory systems, including IBM Maximo and PeopleSoft, as well as 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 proactively, and escalate issues as appropriate.
Share knowledge, support teammates, provide guidance to less experienced employees, and serve as a thought partner on complex accounting matters.