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Accounting Analyst II - Asset Accounting Regulatory

Company: Duke Energy
Location: Charlotte
Posted on: August 21, 2019

Job Description:

Recruiter Duke Energy Location Charlotte, North Carolina Salary Competitive Posted 30 Jul 2019 Closes 29 Aug 2019 Ref R10121 Sector Power and Nuclear Category Finance, Skilled Trades Contract Type Permanent Hours Full Time You need to sign in or create an account to save 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. Position Summary This position is for an Accounting Analyst II within the Asset Accounting department of Duke Energy. The role is responsible for providing financial analysis, accounting, and reporting support related to fixed assets, asset retirement obligations, and various regulatory assets and liabilities. The group also coordinates and provides reporting and analysis related to fixed assets that are used within rate cases and various regulatory initiatives and filings across multiple jurisdictions within Duke Energy. This position requires a blended knowledge of technical and functional financial reporting and analysis skills. The analyst will work closely with teammates and managers on various accounting activities including; monthly journal entry preparation, account reconciliations, financial statement analysis, and preparation of internal and external reporting. The analyst will also be responsible for preparing reports and information used within regulatory filings and rate cases including standard reporting requirements as well as responding to data requests. This position work to ensure that accounting and reporting in this area meets FERC, GAAP and State requirements. This role will require strong organization skills, project and time management skills, attention to detail, and collaboration within Asset Accounting, Rates and Regulatory, Finance, and other areas of the Company. The analyst will interact frequently with various groups to support business transactions, decisions, and filing requirements. The position will help to analyze and research ad-hoc requests and develop reporting to support data requests. This position will work with moderately complex asset accounting and regulatory matters; therefore, strong analytical skills and the ability to exercise judgment are essential. Responsibilities Preparation of monthly journal entries, account reconciliations, analysis, and reporting for balance sheet and income statement accounts primarily related to regulatory assets and asset retirement obligations. Prepare workpapers and other financial schedules that support internal and external reporting (including SEC and FERC financials) Interact with Finance and Operational contacts to understand key operational decisions and changes which could impact accounting. Preparation of various regulatory and rate case requests across the regulated jurisdictions within Duke Energy, with focus on completing deliverables to meet deadlines. Prepare data requests, discovery requests, and regulatory reporting requirements ensuring that responses and reports are accurate and complete. Assist with preparation of depreciation studies; including managing third party consultants, providing data requirements, and consulting on questions or changes as needed. Assist with implementation of new studies once approved. Implement accounting incomes resulting from regulatory orders. Perform research on various GAAP and regulatory accounting issues and preparation of accounting position papers as needed. Work with internal and external auditors, providing necessary information and answering questions as needed. Understand and maintain proper business and financial processes to ensure adherence to internal controls and policies. Assist in SOX documentation updates and testing. Champion process improvements to produce efficiencies at all stages of the accounting process. Overtime may be required during monthly/quarterly/annual closing processes as well as around regulatory filing and discovery periods. Basic/Required Qualifications BS/BA in Accounting/Finance, Economics, or related discipline Three (3) plus years of increasingly diverse or complex experience in related field in addition to degree Possesses and applies fundamental accounting and finance concepts, practices, and procedures Experience with financial applications (i.e., PeopleSoft FMIS, Power Plant, etc.) and query tool (Business Objects) Experience using Microsoft products such as Excel, Word, and Power Point Desired Qualifications Graduate degree in Accounting, Business or related fields CPA or CPA candidate Four (4) plus years of increasingly diverse or complex experience in related field Public accounting or auditing experience Experience with monthly close process, general accounting, and financial reporting (FERC/GAAP) Previous experience in utility asset or regulatory accounting environment Demonstrated strong problem-solving and analytical skills Familiar with capital project and asset accounting concepts (Construction work in progress, plant in service, salvage, cost of removal, retirement and unitization) Proven ability to work in a team environment and foster good relationships with teammates and business partners Developing process improvements and best practices based on expertise and institutional knowledge Effective communication skills, including ability to document and support work performed #LI-RB1 Travel Requirements 5-15% Relocation Assistance Provided (as applicable) No Represented/Union Position No Visa Sponsored Position No Posting Expiration Date Tuesday, August 6, 2019 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.

Keywords: Duke Energy, Charlotte , Accounting Analyst II - Asset Accounting Regulatory, Professions , Charlotte, North Carolina

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