Lead Accounting Analyst (Carolinas One Utility) - Asset Accounting
Duke Energy | |
relocation assistance | |
United States, North Carolina, Charlotte | |
Oct 08, 2024 | |
More than a career - a chance to make a difference in people's lives.
Build an exciting, rewarding career with us - help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits. Asset Accounting is within the Controller's Department and provides accounting, financial analysis and reporting support for Duke Energy's Capital Projects and Assets. The Lead Accounting position requires strong technical knowledge and research capabilities to ensure reporting compliance within GAAP and FERC rules. The role interacts with various departments while leading projects, setting priorities, and working on special projects. The role includes responsibility for complex analysis and research of ad-hoc requests to develop reporting and effectively present results for management review and decision making. This is the fifth level of the financial analysis classification hierarchy.Progression to this level is typically restricted based on business need.Employees at this level solve complex problems and interpret internal or external business issues and recommend solutions.The role requires specialized depth and breadth of expertise to provide leadership (advising and providing direction) to others in financial areas of specialization including coordination of daily work activities or review the work of other teammates.Employee may also regularly lead projects. Employee works independently, with guidance in only the most complex situations. Responsibilities Duke Energy Carolinas ("DEC") and Duke Energy Progress ("DEP") are pursuing an analysis of combining the two electric utilities into one legal entity. Initial studies show significant savings through 2038 from operational improvements, simplified regulatory processes, optimized investment of future resources, and ability to address rate disparity. There is a need for additional experience and leadership because of pursuing a merger of the two utilities. This role is responsible for managing the accounting and reporting work that will need to be completed in anticipation of a merger. The position, as a project lead, will interfaces with business representatives at all levels, at different jurisdictions/registrants, and in different departments/function including Rates & Regulatory, FP&A and Treasury. The role is responsible to ensure that GAAP and FERC reporting requirements are met. This position also works with internal and external auditors as well as other regulatory parties to answer questions and provide information through written data requests or direct verbal inquiry. This position will handle moderately complex reporting issues and require occasional research and documentation of significant accounting issues/conclusions. Therefore, strong analytical skills and the ability to exercise judgment are essential. Examples of tasks could include preparation of monthly journal entries relating to the Costs-To-Achieve ("CTA"), preparation of various reports to the overall project leads and sponsors, ad-hoc data requests from regulatory bodies including the NCUC, PSCSC, and FERC, preparation, and review of associated footnote disclosures ("Form 10-Q/K"), and preparation of quarterly earnings release financial information. This position will work to ensure all stakeholders (internal and external) are satisfied and understand all accounting and reporting impacts. This position will work to ensure consistent processes and reports are adopted and well understood between the DEC and DEP registrants. Specific Activities
Required Qualifications
Desired Qualifications
#LI-JC1 #LI-Hybrid Working Conditions
Travel Requirements 5-15% Relocation Assistance Provided (as applicable)No Represented/Union PositionNo Visa Sponsored PositionNoPosting Expiration Date Friday, November 8, 2024All job postings expire at 12:01 AM on the posting expiration date. Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.Privacy Do Not Sell My Personal Information (CA) Terms of Use Accessibility |