Senior Accountant - ComEd (Hybrid)

Atlantic City Electric; Illinois; Hybrid; USD 86,000 - 118,000; Full time

Benefits offered by this job

Salary range: $85,600–$117,700 per yr

Bonus 15%

401(k) match

Medical, dental & vision

Life & disability insurance

Generous PTO

Employee Assistance Program

Wellbeing programs

Tuition reimbursement

Adoption/surrogacy assistance

Referral bonus

Job summary

Exelon is seeking an experienced Accountant to join our finance team in Illinois. You will perform a variety of accounting assignments, ensure Sarbanes‑Oxley controls, and produce timely financial statements.

You will collaborate with cross-functional partners, support forecasting and budgeting, and drive process improvements while upholding the highest standards of integrity and accuracy. This role requires strong analytical skills and attention to detail, with familiarity in regulatory

Qualifications

• Bachelor's degree in Accounting or equivalent.
• 4-7 years of related accounting experience.
• Knowledge of GAAP, SOX controls, and regulatory requirements.
• Ability to document issues and prepare memos and disclosures.
• Strong analytical and problem-solving skills.
• Proven use of technology to improve processes.
• Effective teambuilding and leadership skills.
• Solid project management abilities.

Responsibilities

• Perform monthly and quarterly close with accurate financial statements.
• Prepare and analyze reports; research variances and trends.
• Collaborate with cross-functional teams for forecasting and planning.
• Drive process improvements and participate in special projects.
• Support audits and regulatory processes.

Skills

Accounting theory

GAAP/SOX

Analytical skills

Leadership

Team collaboration

Project management

Education

Bachelor's in Accounting

MBA (preferred)

CPA (preferred)

Tools

Excel

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

Primary purpose of position: Perform 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 and recommend areas to improve efficiency and effectiveness of processes.

Primary Duties

• Monthly and Quarterly Close - Perform 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. (25%)
• 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. Prepare, 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. (20%)
• Process Improvements and Special Projects - Analyze current processes and procedures and leverage new and emerging technologies to recommend, develop, and drive improvements. Participate in various special projects related to process improvements, automation, and/or changes in regulatory or accounting requirements. (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%)

Job Scope

• Perform 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 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.
• 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 less experienced team members.
• Position, at times, may require overtime, weekend work and limited travel.

Minimum Qualifications

• Bachelor's degree in Accounting or equivalent
• 4-7 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 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

• MBA with a concentration in Accounting or Finance
• CPA
• Public accounting experience
• Regulatory/utility/FERC/SEC reporting or energy industry experience
• Understanding of the use and implementation of 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: $85,600.00/Yr. – $117,700.00/Yr.
• Annual Bonus for eligible positions: 15%
• 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.