Duke Energy
Lead Accounting Analyst - Carolinas Accounting & Reporting (Securitization)
Duke Energy, Charlotte, North Carolina, United States, 28245
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.Carolinas Accounting & Reporting is within the Controller’s Department and provides accounting, financial analysis, and reporting support for Duke Energy. 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 and Duke Energy Progress are experiencing an increase in opportunities to securitize assets, which has driven the need for additional experience and leadership in this area. This role is responsible for managing the accounting and reporting for existing DEC/DEP storm securitization as well as the potential for additional securitizations of additional storms costs or other assets (such as retired coal plant, etc.). The position interfaces with business representatives at all levels, at different jurisdictions/registrants, and in different departments/functions 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 supporting securitization, preparation of various reports including a servicer’s certificate, various bank specific reports/financial statements, ad-hoc data requests from regulatory bodies including the NCUC and FERC, processing payables, supporting regulatory filings with the NCUC, PSCSC, and SEC, preparation and review of associated footnote disclosures (Form 10-Q/K and 10-D), and preparation of quarterly earnings release financial information. This position will work to help ensure consistent processes and reports are used between registrants.Required/Basic Qualifications
Bachelor’s degree with major in Accounting/Finance or related disciplineFive (5) plus years of increasingly diverse or complex experience in related field in addition to degreePossesses and applies fundamental accounting and finance concepts, practices, and proceduresExperience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI)Experience using Microsoft products such as Excel, Word and Power PointDesired Qualifications
CPA or working toward CPAAdvanced degree in Accounting, Business or related disciplineEight (8) years or more of professional work related experienceAdvanced Microsoft Office product skillsPublic accounting or auditing experience with a demonstrated ability to complete technical accounting documents for managementEffective written and oral communication and collaboration skillsPrevious experience in a utility or in a regulatory accounting environment with a focus on securitizationsFamiliarity with rate making revenue requirements principlesAbility to perform detailed analyses, recognize trends and irregularities in complex calculations, and explain variances by researching and identifying relevant, underlying causes of changes in resultsHighly organized with attention to detail and ability to efficiently multi-task within tight deadlinesAdvanced analytical and critical thinking skills, including data analyticsDemonstrated ability to project manage, including ability to work independently, manage competing priorities, and adhere to strict deadlines and schedulesDemonstrated ability to work in a team environment and foster good relationships with teammates and business partnersExperience with FERC form preparation and other regulatory filingsWorking 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.Some overtime is likely to occur but intended to be infrequent and align with peak workloads on the quarters and during the year-end close process.Infrequent travel may be required to attend Commission meetings or other regulatory driven needs in Raleigh, NC and Columbia, SC.Travel Requirements
5-15%Relocation Assistance Provided (as applicable)
NoRepresented/Union Position
NoVisa Sponsored Position
NoPosting Expiration Date
Friday, March 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.#J-18808-Ljbffr
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.Carolinas Accounting & Reporting is within the Controller’s Department and provides accounting, financial analysis, and reporting support for Duke Energy. 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 and Duke Energy Progress are experiencing an increase in opportunities to securitize assets, which has driven the need for additional experience and leadership in this area. This role is responsible for managing the accounting and reporting for existing DEC/DEP storm securitization as well as the potential for additional securitizations of additional storms costs or other assets (such as retired coal plant, etc.). The position interfaces with business representatives at all levels, at different jurisdictions/registrants, and in different departments/functions 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 supporting securitization, preparation of various reports including a servicer’s certificate, various bank specific reports/financial statements, ad-hoc data requests from regulatory bodies including the NCUC and FERC, processing payables, supporting regulatory filings with the NCUC, PSCSC, and SEC, preparation and review of associated footnote disclosures (Form 10-Q/K and 10-D), and preparation of quarterly earnings release financial information. This position will work to help ensure consistent processes and reports are used between registrants.Required/Basic Qualifications
Bachelor’s degree with major in Accounting/Finance or related disciplineFive (5) plus years of increasingly diverse or complex experience in related field in addition to degreePossesses and applies fundamental accounting and finance concepts, practices, and proceduresExperience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI)Experience using Microsoft products such as Excel, Word and Power PointDesired Qualifications
CPA or working toward CPAAdvanced degree in Accounting, Business or related disciplineEight (8) years or more of professional work related experienceAdvanced Microsoft Office product skillsPublic accounting or auditing experience with a demonstrated ability to complete technical accounting documents for managementEffective written and oral communication and collaboration skillsPrevious experience in a utility or in a regulatory accounting environment with a focus on securitizationsFamiliarity with rate making revenue requirements principlesAbility to perform detailed analyses, recognize trends and irregularities in complex calculations, and explain variances by researching and identifying relevant, underlying causes of changes in resultsHighly organized with attention to detail and ability to efficiently multi-task within tight deadlinesAdvanced analytical and critical thinking skills, including data analyticsDemonstrated ability to project manage, including ability to work independently, manage competing priorities, and adhere to strict deadlines and schedulesDemonstrated ability to work in a team environment and foster good relationships with teammates and business partnersExperience with FERC form preparation and other regulatory filingsWorking 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.Some overtime is likely to occur but intended to be infrequent and align with peak workloads on the quarters and during the year-end close process.Infrequent travel may be required to attend Commission meetings or other regulatory driven needs in Raleigh, NC and Columbia, SC.Travel Requirements
5-15%Relocation Assistance Provided (as applicable)
NoRepresented/Union Position
NoVisa Sponsored Position
NoPosting Expiration Date
Friday, March 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.#J-18808-Ljbffr