Manager PA Regulatory Accounting
PPL Corporation
Company Summary Statement
As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.
Overview
**PLEASE NOTE: THIS ROLE IS HYBRID TO ONE OF OUR LOCAL OFFICES IN: Allentown, PA; Louisville, KY or Providence, RI** LI-hy #INDPPL #PPL
Leads team of professionals responsible for regulatory accounting for PPL Electric Utilities Corporation. Works closely with business line management by providing financial analysis and consultation on the accounting implications of decisions. Establishes effective internal controls over regulatory accounting. Assists in providing support for PPL Electric's financial reporting, including filings with the SEC, PA PUC, and FERC as well as rate proceedings.
Responsibilities
+ Supervise and manage an accounting team to ensure financial transactions are recorded in accordance with US GAAP, corporate policies, procedures, and SOX internal controls requirements.Implement enhancements to controls, policies and procedures as necessary.
+ Work with business line senior management to ensure that all transactions with financial implications are properly recorded.
+ Support financial and regulatory reporting including the preparation of variance analysis in support of SEC and internal reporting requirements.
+ Supervise and manage the accurate and timely implementation of new accounting standards and other technical issues, including the review and/or writing of technical memorandum and whitepapers, as applicable.
+ Maintain a competent, highly motivated, effectively utilized staff through proper training and development, appraisals, timely feedback, fair compensation practices, as well as by establishing and monitoring adherence to policies and procedures.
+ If applicable physical presence in the office/on-site to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
+ Support of and involvement in EEI accounting teams, committees and task forces to ensure PPL influences their efforts.
+ Performs other duties as assigned.
+ Complies with all policies and standards.
Qualifications
**Education Level** :
+ Bachelor's Degree in accounting or business discipline.
**Required Experience** :
+ 5+ of accounting experience with extensive knowledge of GAAP and financial reporting requirements, with at least 3 years leadership experience.
+ Knowledge of regulatory accounting under ASC 980.
+ Knowledge of FERC Uniform System of Accounts.
+ Effective leadership, interpersonal and communications skills.
+ Working knowledge of computer systems and applications.
**Preferred Qualifications** :
+ CPA, MBA or other advanced accounting or business degree.
+ Experience in accounting for regulated utilities.
+ Experience in all areas of GAAP, SEC reporting and internal controls/Sarbanes Oxley requirements.
**Education Level** :
+ Bachelor's Degree in accounting or business discipline.
**Required Experience** :
+ 5+ of accounting experience with extensive knowledge of GAAP and financial reporting requirements, with at least 3 years leadership experience.
+ Knowledge of regulatory accounting under ASC 980.
+ Knowledge of FERC Uniform System of Accounts.
+ Effective leadership, interpersonal and communications skills.
+ Working knowledge of computer systems and applications.
**Preferred Qualifications** :
+ CPA, MBA or other advanced accounting or business degree.
+ Experience in accounting for regulated utilities.
+ Experience in all areas of GAAP, SEC reporting and internal controls/Sarbanes Oxley requirements.
+ Supervise and manage an accounting team to ensure financial transactions are recorded in accordance with US GAAP, corporate policies, procedures, and SOX internal controls requirements.Implement enhancements to controls, policies and procedures as necessary.
+ Work with business line senior management to ensure that all transactions with financial implications are properly recorded.
+ Support financial and regulatory reporting including the preparation of variance analysis in support of SEC and internal reporting requirements.
+ Supervise and manage the accurate and timely implementation of new accounting standards and other technical issues, including the review and/or writing of technical memorandum and whitepapers, as applicable.
+ Maintain a competent, highly motivated, effectively utilized staff through proper training and development, appraisals, timely feedback, fair compensation practices, as well as by establishing and monitoring adherence to policies and procedures.
+ If applicable physical presence in the office/on-site to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
+ Support of and involvement in EEI accounting teams, committees and task forces to ensure PPL influences their efforts.
+ Performs other duties as assigned.
+ Complies with all policies and standards.
Remote Work
The company reserves the right to determine if this position will be assigned to work on-site, remotely, or a combination of both. Assigned work location may change. In the case of remote work, physical presence in the office/on-site may be required to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
Equal Employment Opportunity
Our company is an equal opportunity, affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, protected veteran status, sexual orientation, gender identify, genetic information, disability status, or any other protected characteristic.
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