Manager Accounting - PHISCO (Hybrid)

Exelon Corporation; United States; Hybrid; USD 113,000 - 155,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off

Tuition reimbursement and wellbeing

Job summary

Exelon Corporation seeks a seasoned accounting leader to oversee a team responsible for the monthly close, SOX controls, and reliable financial reporting across the company’s regulated utilities.

You will partner with cross-functional teams, drive process improvements, mentor staff, and support audits and regulatory requests while upholding the highest standards of integrity.

Qualifications

• Bachelor's degree in Accounting or equivalent.
• 7–10 years of related experience.
• Solid knowledge of GAAP and SOX compliance.
• Ability to document issues in work papers and memos.
• Strong analytical skills and judgment.
• Proven technology usage to improve processes.
• Effective communication and presentation skills.
• Leadership and team-building abilities.
• Project management skills.
• Commitment to quality and integrity.
• Professional conduct and respect.

Responsibilities

• Oversee monthly and quarterly close and maintain SOX controls.
• Prepare monthly and quarterly reports and variance analysis.
• Collaborate with cross-functional partners on forecasting and planning.
• Support audits and regulatory data requests.
• Evaluate and lead process improvements and automation projects.
• Lead and develop the accounting team.

Skills

Accounting knowledge

Analytical skills

Communication skills

Leadership

Project management

Education

Bachelor's degree in Accounting

MBA (Accounting/Finance)

CPA

Job description

Exelon is helping build a more affordable, reliable energy future for the communities we serve. We're looking for people who are ready to make a difference and work together to deliver the energy our customers count on every day.

As a Fortune 200 company and one of the nation's largest utility companies, we have more than 20,000 colleagues who serve nearly 11 million customers through six fully regulated utilities - 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).

Exelon is built by people who put safety first, work together to solve problems and show up every day for our customers and communities. We believe strong teams are built on trust, respect and a shared commitment to high-performance culture. And our commitment to employees includes creating an environment where people can grow, develop new skills and build thriving careers.

We know this work isn't easy. That's why we offer competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. No matter your role, you will be part of a team that is committed to making a difference, improving how we work and delivering for the people who depend on us.

Are you on for the challenge?

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.