Accounting Analyst II or III

PPL Foundation; Kentucky; Hybrid; USD 60,000 - 80,000; Full time

Job summary

The PPL Foundation is seeking an Accounting Analyst to handle compliance and financial reporting for utility operations. Candidates should have a Bachelor's in accounting or finance, with at least 2-3 years of relevant experience. Strong Excel skills and knowledge of GAAP principles are essential for this role.

Qualifications

• 2+ years of experience preferred for Accounting Analyst II.
• 3+ years of experience preferred for Accounting Analyst III.
• Requires strong skills in Excel and accounting information systems.

Responsibilities

• Ensure compliance with GAAP and regulatory requirements.
• Prepare and review journal entries and financial calculations.
• Monitor monthly accounting close and ensure deadlines are met.

Skills

Excel

Accounting principles

Education

Bachelor's degree in accounting or finance

Tools

Oracle financial system

SQL

Job 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 position is responsible for accounting and financial activities which requires knowledge of technical accounting procedures, rules, and regulations particularly as they relate to electric and gas utilities.

#LG&EKU

#INDPPL

LI-Hybrid

Responsibilities

This position may be filled at the Accounting Analyst II or the Accounting Analyst III level. Responsibilities listed below reflect those of the Accounting Analyst II position. Additional/varying responsibilities may be included for the Accounting Analyst III position.

• Ensures all accounting and reporting is in compliance with GAAP and regulatory requirements and ensures accurate and timely adoption of new regulations.
• Ensures on-going compliance with internal controls related to all tasks and works with management and/or internal and external auditors as needed to complete walkthroughs and SOX controls testing. Monitors the monthly accounting close and ensures closing deadlines are maintained.
• Ensures all assigned accounts are reconciled timely in compliance with the Balance Sheet Account Reconciliation and Materiality policies and that all reconciling items are investigated and resolved.
• Maintains and supports the affiliate transaction database.
• Maintains assigned accounting policies. Responds to various inquiries concerning accounting procedures and financial information from other areas of the Company.
• Prepares and reviews journal entries and financial calculations. Provides guidance on work prepared by other staff.
• Provides needed support for base rate cases and other regulatory filings.
• Performs other duties as assigned
• Complies with all policies and standards

Qualifications

This position may be filled at the Accounting Analyst II or the Accounting Analyst III level. The level offered will be determined by the successful candidate's background, education & experience.

Accounting Analyst II

Basic Qualifications

• Bachelor's degree in accounting or finance
• 2+ years of experience
• Requires strong Excel skills and aptitude for accounting information systems.
• Must have good working knowledge of accounting principles and their applications to the utility industry.

Preferred Qualifications

• CPA certification and master’s degree in business or accounting preferred.
• Knowledge of and experience with the Oracle financial system, EiS and SQL preferred.
• Current working knowledge of accounting rules and regulations, including U.S. generally accepted accounting principles (US GAAP), international accounting standards (IFRS or IAS), tax requirements, SEC requirements, FERC requirements and other reporting requirements is preferred.

Accounting Analyst III

Basic Qualifications

• Bachelor's degree in accounting or finance
• 3+ years of experience
• Requires strong Excel skills and aptitude for accounting information systems.
• Must have good working knowledge of accounting principles and their applications to the utility industry.

Preferred Qualifications

• Utility specific accounting experience is preferred.
• CPA certification and master’s degree desirable.
• Ability to perform complex calculations and analysis using Excel, Oracle, Discoverer and OFA.
• Possesses above average interpersonal skills for communicating financial explanation and oral/written information to others, both within and outside the corporation.
• Current working knowledge of accounting rules and regulations, including U.S. generally accepted accounting principles (US GAAP), international accounting standards (IFRS or IAS), tax requirements, SEC requirements, FERC requirements and other reporting requirements is preferred.