Staff or Senior Accountant

Talen Energy•Allentown, PA
•Hybrid

About The Position

Reporting to an Accounting Manager and based in Allentown, Pennsylvania, the Accountant is a member of the generation accounting team responsible for accounting, reporting, and analysis of plant activities. The role supports the development and application of US GAAP accounting policies and the maintenance of internal controls. The position handles accounting activity related to margins, capital projects, insurance, debt, and cash application, which may include new business initiatives such as joint ventures and equity transactions. It also provides support on the technical accounting implications of new business initiatives and helps ensure compliance with the Company’s SOX control environment. Success requires correctly accounting for a wide range of activity and proactively identifying and resolving accounting issues. The position works in a hybrid model, with a few days at home and a few days in the Allentown office. Talen Energy describes its workplace as inclusive, diverse, respectful, collaborative, and focused on innovation, teamwork, and integrity. The company notes that extensive Nuclear Power Plant background security clearance is required.

Requirements

  • High integrity and a direct communication style.
  • Demonstrated ability to interact well within a team environment and manage projects.
  • Strong financial accounting, analytical, and planning abilities, with attention to detail.
  • Ability to work independently and prioritize critical tasks.
  • Strong oral and written communication skills and ability to interact with various departments and managers.
  • Ability to multitask and remain calm and patient within compressed timelines.
  • Accounting or finance degree, or equivalent, and 1–2 years of experience.
  • Extensive Nuclear Power Plant background security clearance is required.

Nice To Haves

  • Graduate degree.
  • Public accounting experience at a large firm with SEC and/or power industry clients.

Responsibilities

  • Prepare journal entries related to energy and fuel, fixed assets, coal, oil and materials inventory, operation and maintenance expenses, prepaids, investment and equity activity, and monthly accruals.
  • Maintain the general ledger, fixed asset, and inventory systems.
  • Perform and review account reconciliations for assigned general ledger accounts, ensure information is accurate, and provide variance analysis.
  • Prepare and analyze financial statements and other internal and external financial reports.
  • Prepare Balance Sheet and Income Statement flux analysis.
  • Prepare and analyze information requested in support of audit requests.
  • Assist in preparing financial statement workpapers.
  • Use best practices and knowledge of internal and external business issues to improve products or services, and solve complex problems by applying new perspectives to existing solutions.
  • Ensure compliance with GAAP accounting and reporting, FERC, NERC and OSHA requirements, and applicable state and federal rules and laws; support internal departments requiring knowledge of the accounting department’s function.
  • Increase and apply knowledge of legal and regulatory issues and changes in accounting guidance.
  • Support accounting for plant activities and new business initiatives, including joint venture and equity transactions, and support technical accounting analysis and the Company’s SOX control environment.

Benefits

  • Competitive package and a full suite of benefits.
  • Medical insurance.
  • Dental insurance.
  • Vision insurance.
  • Life Lock benefits.
  • 401(k).
  • Paid vacation.
  • Free parking.
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