Regulatory Accountant

Prodware Solutions; Allentown (Lehigh County); Hybrid; USD 70,000 - 90,000; Part time

Job summary

A financial services company is seeking a Regulatory Accountant for a hybrid role in Allentown, PA. The role involves overseeing business goals, analyzing complex problems, and managing both budgeting and regulatory compliance. Candidates should have a Bachelor's degree in a relevant field and at least seven years of finance experience, with advanced degrees preferred. This position offers an opportunity to lead process improvements and mentor junior staff.

Qualifications

• Bachelor’s degree in accounting, finance, management, economics, marketing or related field and a minimum of seven years’ experience in a finance-related field.
• Preferred qualifications include advanced degrees such as MBA, CPA or CGMA, and knowledge or experience in the energy/power industry.

Responsibilities

• Oversee the development of the line of business goals, objectives and operating budgets.
• Solve complex business problems and analyze business results.
• Provide accurate and timely responses to annual operating plan and budget requirements.
• Oversee the planning and budgeting function.
• Engage regularly with business partners and pursue enhancements.
• Lead process improvements with business partners.
• Oversee junior team members in analyzing financial results.
• Monitor capital projects and adjust forecasts as needed.
• Oversee complex regulatory support including rate cases.
• Review and/or perform day-to-day accounting and budgeting functions.
• Demonstrate expert knowledge of budgeting systems.
• Lead special projects with manager guidance.
• Maintain knowledge of GAAP.

Job description

Job Overview

Job Title: Regulatory Accountant

Location: Hybrid Role - Allentown, PA or Louisville, KY

Employment Type: 1+ Year Contract

Responsibilities

• Oversee the development of the line of business goals, objectives and operating budgets.
• Solve complex business problems and analyze business results.
• Provide accurate and timely responses to annual operating plan and budget requirements, including financial target communication to line of business leaders, planning labor utilization, labor requirements, and leadership presentations.
• Oversee the planning and budgeting function, including business case development and capital governance documentation for project approvals.
• Engage regularly with business partners and pursue enhancements to business relationships.
• Lead process improvements with business partners and oversee implementation.
• Oversee junior team members in analyzes of financial results vs. budget/forecast, including variance explanations.
• Monitor capital projects and adjust forecasts as needed; monitor O&M expenses to support corporate targets.
• Oversee complex regulatory support including rate cases, regulatory assets or liabilities, mechanism/tracker filings, and other required filings.
• Review and/or perform day-to-day accounting and budgeting functions (project/work order maintenance, project/task setup, monthly accruals, expense coding, etc.).
• Demonstrate expert knowledge of budgeting systems and train junior staff; modify or create ad-hoc reports and lead system upgrades/testing if needed.
• Lead special projects with manager guidance.
• Maintain knowledge of GAAP and provide FERC classification guidance.
• Maintain strong interpersonal skills for interaction with and presentation to all management levels.
• All other duties as assigned.

Qualifications

• Bachelor’s degree in accounting, finance, management, economics, marketing or related field and a minimum of seven years’ experience in a finance-related field.
• Preferred qualifications include advanced degrees such as MBA, CPA or CGMA, and knowledge or experience in the energy/power industry.