Accounting Analyst I, II or III - Louisville, United States - PPL

Description

Company Summary Statement :
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 334,000 natural gas and 433,000 electric customers in Louisville and 16 surrounding counties. KU serves 569,000 customers in 77 Kentucky counties and five counties in Virginia. LG&E and KU are major employers and active supporters of the communities they serve. They empower employees, community members and initiatives across their service territory through volunteerism and investments in organizations that support education, sustainability and wellbeing.

Overview:

This is an entry level position for an accounting analyst. Incumbent performs assignments in accordance with Company procedures and generally accepted accounting standards and procedures, works under close supervision, and receives specific instructions as to required tasks and results expected.

#LGE-KU

Process investment proposals, ensuring that expenditures are consistent with capital policies.

Unitize and retire assets in specific functional areas of responsibility ensuring transactions comply with GAAP and Company policy.

Support the monthly close process by preparing journal entries, account reconciliations, and financial calculations.

Prepare financial statement analyses, including cash flow activity analysis as assigned.

Perform financial calculations and prepare financial analyses, reports, and estimates for other departments as needed.

Prepare supporting schedules included in the monthly, quarterly and annual financial reports and filings with the Securities and Exchange Commission (SEC), Federal Energy Regulatory Commission (FERC), Kentucky Public Service Commission (KPSC), Virginia State Corporation Commission (VSCC), and others, including FERC Forms 1, 3 and 60.

Prepare financial exhibits used in determining utility revenue requirements for rate cases and prepare responses to data requests from regulatory or other governmental agencies.

Consult with all areas of the companies related to property accounting and capitalization issues.

Ensure proper process and systems documentation is maintained for compliance with internal control requirements.

Utilize Oracle, EiS and PowerPlan systems to analyze accounting activity and prepare reports.

Performs other duties as assigned.

Education/Experience/Qualifications
Bachelor's degree in accounting required. Requires strong Excel skills and aptitude for accounting information systems. Must have working knowledge of accounting principles and applications.

Preferred Qualifications
Good interpersonal skills for communicating financial explanations and oral/written information to others, both within and outside the corporation. Proficient knowledge of Microsoft Excel and financial systems. Must have strong attention to detail, organization skills and proficient at analyzing information. Current working knowledge of accounting rules and regulations, including U.S GAAP, SEC requirements, FERC requirements and other reporting requirements is preferred

Work Conditions

Normal Office Environment

Physical Effort

Primarily sitting with optional standing and walking.