Manager Accounting I or II - Charlotte, United States - Duke Energy

Description

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Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy

The role and responsibility of this Manager position is to manage and develop a team of individuals who perform tasks associated with the companys accounting close and financial reporting processes.

In this role, the Manager Accounting is responsible for ensuring that the accounting impacts of the companys 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 accounting manager of Asset Accounting Research also has responsibility as the primary business contact for capitalization decisions, owning and maintaining the companys Capitalization Guidelines policy, performing technical research for asset accounting related issues and writing accounting position papers, reviewing Transaction Review Committee projects for asset accounting impacts, accounting for Asset Retirement Obligations (including coal ash, nuclear, etc.), as well as other tasks that may be nonrecurring and not maintained in other areas of Asset Accounting. The position interacts with all levels of management to communicate technical opinions on capitalization issues as well as frequent interaction with external auditors. The Manager Accounting is also responsible for ensuring that the team performs its tasks in an accurate and timely manner in accordance with published deadlines while strictly adhering to company policies and controls.

Responsibilities for this position include but are not limited to the following.

Accounting Close Process

+ 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

Financial Reporting Process

+ 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

Additional Responsibilities

+ Develop and coach staff

+ Support regulatory filing efforts including rate cases and rider filings for retail business

+ Support wholesale and transmission data requests

+ Lead and/or participate in efficiency and process improvement efforts

+ Assist with special projects

+ Research asset related regulatory matters and related impacts and document appropriate accounting treatment

+ Attend business related meetings as needed

Basic/Required Qualifications

Note: This posting is for one position. Dependent on relevant experience, the level to which a candidate is aligned is outlined below.

Manager I

+ Bachelors degree in accounting, finance, or related degree

+ 8 plus years of increasingly diverse or complex work experience in related field .

Manager II

+ Bachelors Degree in accounting, finance, or related degree

+ 8 years of related work experience, including at least 2 years of successful direct people management experience

Desired Qualifications

+ Certified Public Accountant or graduate degree in accounting, business, or related field

+ Public accounting or external auditing experience

+ Experience in an accounting research role

+ Experience in utility accounting or regulatory environment

+ Experience with monthly close process, general accounting, and financial reporting (GAAP)

+ Familiarity with the FERC Uniform System of Accounts

+ Knowledge of capitalization principles (Capital vs O&M decisions)

+ Experience with Asset Retirement Obligation (ARO) accounting

+ Knowledge of capital project accounting concepts (CWIP, plant in service, cost of removal, retirement, and unitization)

+ Familiarity with PowerPlan

+ Proficiency in learning and working with a variety of financial systems applications

+ Proven ability to perform analysis and evaluate large amounts of data

+ Demonstrated ability to forge and maintain constructive relationships within a team and with business partners

+ Demonstrated ability to communicate be effective with verbal and written communication with all levels of the organization

+ History of driving process efficiency improvements

#LI-JC1

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Working Conditions

+ Hybrid Mobility Classification Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to the assigned Duke Energy facility.

Travel Requirements

5-15%

Relocation Assistance Provided (as applicable) No

Represented/Union Position No

Visa Sponsored Position No

Posting Expiration Date

Friday, June 7, 2024

All 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.

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Brighter opportunities. Brighter futures. Duke Energy values ideas that come from a diverse and inclusive workforce, and were dedicated to providing a work environment where all people are valued, respected and able to reach their full potential. Duke Energy is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, color, sex, pregnancy, childbirth or related medical conditions, including but not limited to lactation, religion, national origin, ancestry, ethnicity, citizenship, sexual orientation, gender identity, gender expression, age, marital status, physical or mental disability, genetic information, medical condition, military status, or protected veteran status. Duke Energy complies with all applicable state, federal and local laws, regulations and ordinances prohibiting discrimination.

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