Staff Accountant - BGE (Hybrid)

Transmission & Distribution World; Baltimore (MD); On-site; USD 71,000 - 98,000; Full time

Benefits offered by this job

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 an accounting professional in Baltimore to perform monthly close, reporting, and SOX control activities, collaborating with cross-functional teams to support forecasting and regulatory needs.

The role offers competitive compensation, benefits, and growth opportunities, with involvement in process improvements and various finance initiatives across the organization.

Qualifications

• Bachelor's degree in Accounting or equivalent is required.
• 2-4 years of related experience.
• Knowledge of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance.
• Strong analytical skills and ability to document issues clearly.
• Demonstrated leadership and project management skills.
• MBA with concentration in Accounting/Finance is preferred.
• CPA and public accounting experience are preferred.
• Regulatory/utility/FERC/SEC reporting or energy industry experience is a plus.
• Understanding of AI tools to improve processes and analysis is a plus.

Responsibilities

• Monthly and Quarterly Close: perform close and ensure SOX controls and timely recording.
• Prepare monthly/quarterly reports, analyze variances, and reconcile accounts.
• Collaborate with cross-functional partners to support planning, forecasting, regulatory, and business decisions.
• Interact with auditors and assist with regulatory data requests and audits.
• Drive process improvements and participate in special projects.

Skills

GAAP knowledge

SOX compliance

Analytical skills

Leadership

Project management

Education

Bachelor's degree in Accounting

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?

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. (30%)
• 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 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. (15%)
• 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 various special projects related to process improvements, automation, and/or changes in regulatory or accounting requirements. (20%)

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
• 2-4 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: $71,200.00/Yr. – $97,900.00/Yr.
• Annual Bonus for eligible positions: 10%
• 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.

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, 19,000 colleagues strong serving more than 10 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).

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?