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Calpine Corp.

Senior Accounting Analyst - Financial Reporting

Calpine Corp., Houston, Texas, United States, 77246


Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary

The accounting analyst serves as experienced employee in the financial reporting and debt accounting area and brings a strong background of reporting and accounting knowledge to provide input and prepare a quality work product with other team members on analyzing and completing tasks in the financial reporting accounting team.

The position includes requirements to work collaboratively within the department and with cross functional teams as part of day to day activities. The Financial Reporting team is responsible for the timely and accurate preparation of all quarterly and annual accounting reports including consolidated 10Q and 10K documents, quarterly statutory reporting for specific subsidiaries with debt, pension plan/401k audits and other reporting requirements. The team is also responsible for the recording of all debt accounting entries including preparation and maintenance of debt amortization schedules as well as testing internal controls across the company. The position requires a strong background of SEC or similar non-public reporting experience at a large company.

The Accounting Analyst role is responsible for execution and review of accounting and reporting activities and functions related to the financial reporting area and includes analyzing data, preparing journal entries, completing tie out of reporting documents, monthly and quarterly close responsibilities, completing account reconciliations, creation of management reporting packages and analyses and completion of tie out and preparation for financial reports. This role will also support other projects, as needed. The Accounting Analyst is also required to collaborate closely with other accounting groups and others, including Treasury as part of day-to-day activities.

Job Responsibilities

Creation of quarterly and annual financial reports including SEC based 10Q, 10K documents, statutory annual and quarterly reports and pension plan and 401k audit reports

Completion of the tie out of all financial reports issued by the company

Preparation of monthly journal entries and account reconciliations

Execute processes and procedures to comply with monthly financial statement close deadlines

Preparation and review of financial reporting schedules related to corporate accounting areas

Preparation of debt covenant calculations and support

Ensure the accuracy of all amounts within the reporting documents and completeness of disclosures

Performance of key controls in the financial reporting area

Perform testing of controls performed by other groups in accordance with internal audit testing methodology

Job Requirements

Bachelor's degree in Accounting is required

Minimum of 4 – 6 years of related work experience including reporting specific experience

Strong analytical and computer skills are required, including being proficient with MS Office

Experience with Peoplesoft and Workiva preferred but not required

Ability to comprehend process automation and integration

Ability to work in a fast-paced environment, with significant deadlines.

Must be able to work longer hours at various times during the year to meet deadlines and job requirements.

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