Manager Accounting - BGE (Hybrid)

Exelon Corporation; Baltimore (MD); On-site; USD 113,000 - 155,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

401(k) match

Paid time off

Tuition reimbursement

Annual bonus program

Life and disability insurance

Job summary

Exelon Corporation seeks an experienced accounting leader to oversee a team responsible for monthly closings, reporting, and SOX controls in a dynamic energy company. You will partner with various business units to ensure accurate financial records and timely forecasting, enabling sound business decisions.

The role emphasizes process improvements, regulatory support, and building a high-performing team compliant with GAAP and company standards.

Qualifications

• Bachelor's degree in Accounting or equivalent.
• 7-10 years of related experience.
• Strong knowledge of accounting theory, GAAP, and SOX compliance.
• Ability to document issues in work papers, disclosures and memos.
• Strong analytical skills and data evaluation.
• Experience using technology to improve process efficiency.
• Effective communication and presentation skills.
• Team-building and leadership capabilities.
• Project management skills.
• Commitment to high standards of quality and integrity.
• Professional conduct with respect for others.

Responsibilities

• Monthly and quarterly close: oversee the close process and SOX controls.
• Prepare monthly/quarterly reports and perform variance analysis.
• Collaborate with cross-functional partners and present results to leadership.
• Support audits and data requests from regulators and auditors.
• Lead process improvement projects and automation initiatives.
• Manage and mentor accounting staff and foster a collaborative environment.

Job description

Who We Are

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

Primary Purpose

• Oversee an Accounting team that performs a variety of accounting assignments, recording and reporting financial transactions and executing Sarbanes-Oxley control requirements.
• Produce accurate and timely financial statements as needed.
• Collaborate with cross-functional teams to ensure accurate financial records, assist with the forecasting and planning function, and support the business in meeting the needs of our customers.
• Continually assess, recommend, and lead areas to improve efficiency and effectiveness of processes.

Primary Duties

• Monthly and Quarterly Close - Oversee and support the monthly financial statement close process, ensuring that all financial transactions are recorded accurately and timely. Ensure effective operation of Sarbanes-Oxley controls and identify any changes that may be necessary. (20%)
• Reporting and Analysis - Prepare monthly and quarterly reports, including analysis for use in internal and external reporting. Research variances, identify trends in data (at times working with large data sets), determine root causes and make recommendations for adjustments and/or enhancements. Approve, review and analyze account reconciliations. (20%)
• Collaboration and Communication - Engage and collaborate with cross-functional business partners to identify and resolve accounting issues proactively and to assist with planning, forecasting, regulatory, and business decision processes. Present and communicate operating results as needed to Leadership. Provide insights and recommendations to drive business decisions. (20%)
• Audit and Regulatory Support - Interact with internal and external auditors to support required audits. Support the regulatory process, including various data requests, which could include interaction with external stakeholders. (15%)
• Process Improvements and Special Projects - Analyze current processes and procedures and leverage new and emerging technologies to recommend, develop, and drive improvements. Participate in and lead various special projects related to process improvements, automation, and/or changes in regulatory or accounting requirements. (15%)
• Team Leadership and Development - Manage and mentor a team of accountants, providing guidance and support to ensure professional growth and high performance. Foster a collaborative and inclusive team environment. (10%)

Job Scope

• Oversee day-to-day activities associated with the monthly financial statement close process
• Ensure financial transactions are recorded accurately and timely.
• Challenge current processes and collaborate across the company to identify and lead opportunities for improvement, accomplish goals, and resolve issues.
• Work is varied and difficult in nature and requires the exercise of judgment, initiative, and ingenuity to select the most appropriate course of action.
• Lead team engagement and supporting the Cultural Pillars of Development, DEI, Innovation and Community Engagement, of Exelon and Finance.
• Work under minimal supervision and demonstrate situational leadership coaching and mentoring team members.
• Position, at times, may require overtime, weekend work and limited travel.

Minimum Qualifications

• Bachelor's degree in Accounting or equivalent
• 7-10 years of related experience
• Demonstrated knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
• Demonstrated ability to document a broad range of issues in work papers, disclosures and memos.
• Strong analytical skills in evaluating data and the ability to exercise judgment in a variety of areas
• Demonstrated successful use of technology to improve process efficiency
• Effective communication and presentation skills
• Effective teambuilding and leaderships skills
• Demonstrated project management skills
• Commitment to highest standards of quality and integrity
• Exude a high degree of professionalism and treats others with respect

Preferred Qualifications

• 8-10 years of related experience
• MBA with a concentration in Accounting or Finance
• CPA
• Public accounting experience
• Regulatory/utility/FERC/SEC reporting or energy industry experience
• Proven leadership and team management skills
• Experience with analytical tools and artificial intelligence to improve processes and analysis

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $112,800.00/Yr. - $155,100.00/Yr.
• Annual Bonus for eligible positions: 20%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.