Sr. Manager Financial Systems - BSC (Hybrid)

Delmarva Power & Light Co.; Chicago, Northern (IL, KY); Hybrid; USD 141,000 - 194,000; Full time

Benefits offered by this job

Annual bonus 25%

401(k) match

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off

Employee Assistance Program

Wellbeing programs

Job summary

Exelon is seeking a Senior Manager, Financial Systems to lead the functional support, administration, governance, and optimization of enterprise-wide finance applications including Oracle Cloud ERP and EPM, PowerPlan, Kyriba, and Cadency.

The role partners with Accounting, Tax and IT to ensure financial systems enable critical business processes, drive continuous improvement, and maintain Sarbanes-Oxley compliance across multiple locations.

Qualifications

• Bachelor's degree in Accounting, Finance, IS, CS, or Business Administration.
• 10+ years of progressive experience in accounting, finance, financial systems or related disciplines.
• Demonstrated leadership experience managing professional employees and large teams.
• Strong knowledge of enterprise financial systems and related technologies.
• Experience supporting critical financial applications and financial processing cycles.
• Understanding of internal controls, financial systems governance, and Sarbanes-Oxley requirements.
• Excellent written and verbal communication skills for senior leadership.
• Ability to manage vendors, consultants, and external service providers.

Responsibilities

• Lead the functional support and administration of enterprise-wide Finance applications.
• Set priorities and provide leadership to Financial Systems managers, analysts, contractors, and support resources.
• Ensure financial applications support monthly, quarterly, and annual accounting cycles.
• Oversee resolution/escalation of production issues with Finance, IT, vendors and service providers.
• Establish governance over functional configuration and changes across enterprise Finance applications.

Skills

Leadership

Accounting knowledge

Financial systems

Vendor management

Project management

Change management

Communication skills

Analytical thinking

Education

Bachelor's degree in Accounting/Finance/IS/CS/Business Administration

Tools

Oracle ERP

Oracle EPM

Kyriba

Cadency

PowerPlan

Utilities International

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

The Senior Manager, Financial Systems is responsible for leading the functional support, administration, governance, and optimization and continuous improvement of the Company's enterprise-wide financial systems. The position serves as a key liaison between Corporate Accounting, Tax and Finance, IT SPP service providers and software vendors to ensure all financial systems effectively support all business teams and their related business processes.

The Senior Manager is responsible for maintaining the integrity and effectiveness of application configuration, financial data, processes, controls, and system-related business operations across the enterprise financial systems portfolio, including Oracle Cloud ERP and EPM, Utilities International, PowerPlan, Kyriba, and Cadency.

The position partners closely with IT and third-party service providers while coordinating priorities for functional support, production operations, system releases, and issue resolution. It also maintains Finance ownership of functional requirements, business processes, configuration decisions, testing, and business outcomes.

Primary Duties

Financial Systems Leadership and Functional Support

• Lead the functional support and administration of enterprise-wide Finance applications
• Establish priorities and provide leadership to Financial Systems managers, analysts, contractors, and functional support resources responsible for supporting the enterprise Finance community.
• Ensure financial applications are available and effectively support critical business processes, including monthly, quarterly, and annual accounting and financial cycles.
• Oversee resolution and escalation of significant production issues, coordinating with Finance, IT, application vendors, and external support providers as required.
• Ensure appropriate functional ownership and accountability for system configuration, processes, financial data, integrations, and application-related business operations.

Actuals & Planning Business Cycle Support

• Provide leadership and oversight for Financial Systems support of monthly, quarterly, and annual Actuals and Planning activities.
• Coordinate system readiness and support for critical Finance processing schedules and business deadlines.
• Establish appropriate escalation protocols for business-critical application issues and coordinate resolution across Finance, IT, software vendors, and service providers.
• Evaluate recurring production issues and drive sustainable solutions that improve reliability and reduce operational risk.

System Governance, Configuration, Controls and Compliance

• Establish and maintain governance over functional configuration and significant application changes across enterprise Finance applications.
• Ensure appropriate controls exist over financial system configuration, access, data, interfaces, and change management.
• Maintain documentation required to support Sarbanes-Oxley, internal controls, internal and external audit requests, and other applicable regulatory requirements.
• Partner with Accounting, Audit, IT, and system owners to assess and address financial systems risks.
• Ensure system functionality and configuration remain aligned with Finance policies, accounting requirements, and control objectives.

Release Management, Enhancements and Continuous Improvement

• Provide functional governance and oversight for application releases, patches, upgrades, fixes, and enhancements.
• Ensure appropriate impact assessments, regression testing, user acceptance testing, and business validation are completed before production implementation.
• Partner with the Finance COE – Technology and Innovation to alignment on the functional enhancement roadmap and backlog
• Identify opportunities to automate manual processes, improve financial controls, simplify business processes, and improve the Finance user experience.
• Evaluate new functionality and emerging technologies for potential application within Finance.

Business Partnership and Technology Strategy

• Serve as a senior Finance liaison across all stakeholders for matters involving enterprise financial systems.
• Translate Finance requirements into functional system strategies and solutions.
• Advise Finance leadership regarding system capabilities, risks, constraints, priorities, and opportunities.
• Partner with IT on application architecture, integrations, performance, security, technical strategy, and lifecycle planning while maintaining clear Finance functional ownership.
• Represent Financial Systems in cross-platform and boundary system projects, ensuring consistency and conformance with Financial Systems operating assumptions and transactional requirements.
• Support the strategic roadmap for the enterprise financial systems portfolio.

Vendor, Contract and Resource Management

• Provide oversight of third-party functional support resources and service providers supporting enterprise Finance applications.
• Establish service expectations, priorities, performance measures, escalation processes, and deliverables for external Financial Systems resources.
• Coordinate with Procurement, Finance leadership and vendors on support agreements, renewals, licensing, and service requirements.
• Ensure external resources effectively supplement internal Financial Systems capabilities and create sustainable solutions and knowledge transfer.
• Maintain effective executive-level relationships with strategic application and service providers.

Job Scope

Daily department responsibility for 4 direct reports and a total team of 24 finance professionals across four geographic locations, including on-shore/off-shore resources from a third-party services provider.
Work is diversified and complex in nature. It involves understanding financial systems, accounting and financial planning processes and procedures. Requires exercise of judgement and ingenuity to identify the most appropriate course of action in each situation.
Interacts with Accounting/Finance peers up through the SVP level

Minimum Qualifications

Bachelor's degree in Accounting, Finance, Information Systems, Computer Science, Business Administration, or a related field.
10 or more years of progressively responsible experience in accounting, finance, financial systems, enterprise applications, or related disciplines.
Demonstrated leadership experience managing professional employees and/or large functional support teams.
Demonstrated knowledge of accounting and financial business processes.
Strong knowledge of enterprise financial systems and related technologies.
Experience supporting business-critical financial applications and financial processing cycles.
Demonstrated understanding of internal controls, financial systems governance, and Sarbanes-Oxley requirements.
Demonstrated project, program, and change-management capabilities.
Demonstrated ability to work across Finance and IT organizations and effectively manage competing priorities.
Strong analytical, problem-solving, decision-making, and organizational skills.
Excellent written and verbal communication skills, including the ability to communicate complex financial and technical topics to senior leadership.
Demonstrated ability to manage vendors, consultants, and external service providers.
Commitment to high standards of integrity, quality, accountability, and customer service.

Preferred Qualifications

Experience with Oracle ERP financial and project-related functionality and Oracle EPM applications supporting consolidation, account reconciliation, planning, profitability/cost management, data management and reporting, or similar for other large SaaS offerings.
Experience supporting PowerPlan, Utilities International, Kyriba, and/or Cadency.
Experience leading enterprise financial system implementations, conversions, upgrades, or transformation programs.
Experience with Oracle Cloud release management and regression testing.
Experience overseeing third-party managed service/support organizations.
Experience developing enterprise application roadmaps and identifying automation and continuous-improvement opportunities.
Master's degree in Business Administration, Accounting, Finance, Information Systems, or a related discipline.
CPA or other relevant professional certification.
Public accounting and/or regulated utility industry experience.

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $140,800.00/Yr. – $193,600.00/Yr. plus an additional $25K in Long Term Incentive Plan annually.
• Annual Bonus for eligible positions: 25%
• 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.