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Senior Accounting Analyst (Joint Owner Accounting)

110 Duke Energy Business Services, LLC
Full-time
Remote friendly
Worldwide

More than a career - a chance to make a difference in people's lives.

Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

This role will be responsible for accounting, billing, financial analysis and reporting for Duke Energy Carolinas electric transmission services (supporting the Joint Ownership & Transmission Accounting team).This position requires a blended knowledge of technical and functional financial reporting and analysis skills and will work closely with our transmission customers, Rates department and Wholesale Front Office. Key activities include compiling monthly customer bills, recording related journal entries and reconciling related general ledger accounts. This position will also interface directly with customers to review billing data and provide insight into billing calculations.

This is the fourth level of the financial analysis classification hierarchy. Employees at this level work independently and receive minimal guidance. Incumbents are required to have in-depth knowledge and experience and work to solve complex problems. Incumbents also act as a resource for less experience employees.

Responsibilities

  • Maintains detailed working knowledge of the Company’s Open Access Transmission Tariff (“OATT”) which describes billing attributes and rate designs.

  • Reviews monthly customer bills which are prepared using billing software. Billing activity includes interfaces with Corporate IT, meter data, energy system accounting (schedules/tags) and energy re-costing support functions. Maintains a working relationship with these key support teams.

  • Maintains a working relationship with third party customers to reconcile billing data throughout the month and answer customer inquiries.

  • Prepares annual FERC Form 1 transmission revenue report. (currently pages 328 – 330)

  • Prepares annual transmission formula rate true-up calculations and helps lead the annual OATT formula rate review process.

  • Helps coordinate the data request responses to the customers’ related to annual OATT formula rate annual rate updates for DEC and DEP.

  • Acts as the subject matter expert (“SME”) for billing system upgrades, database upgrades and other related IT applications.

  • Serve as backup for transmission billing in other jurisdictions, such as Duke Energy Progress and Duke Energy Florida.

  • Reviews other transmission revenue journal entries as part of month end close procedures.

  • Documents and maintains Sarbanes Oxley controls procedures.

  • Cross-trains others in transmission billing and administration.

Required/Basic Qualifications

  • Bachelor’s degree with major in Accounting/Finance or related discipline

  • Three (3) plus years of increasingly diverse or complex experience in related field in addition to degree

  • Possesses and applies fundamental accounting and finance concepts, practices, and procedures

  • Experience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI)

  • Experience using Microsoft products such as Excel, Word and Power Point

Desired Qualifications

  • CPA or working toward CPA

  • Advanced degree, preferably in Accounting

  • Six (6) years or more of professional work related experience

  • Experience in regulated utility accounting

  • Demonstrated analytical/problem solving skills and strong business acumen

  • Ability to understand business operations and apply business acumen to identify issues and propose innovative solutions

  • Demonstrated communication and interpersonal skills

  • Ability to build relationships at all levels within the organization

  • Highly motivated self-directed individual who can follow through and work with moderate direction or supervision

  • Proficient using Microsoft products such as Excel, Word, and Power Point

#LI-JC1

#LI-Hybrid

Working Conditions

  • Hybrid Mobility Classification – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to a Duke Energy facility. 

 

Travel Requirements

5-15%

Relocation Assistance Provided (as applicable)

No

Represented/Union Position

No

Visa Sponsored Position

No

Posting Expiration Date

Saturday, December 9, 2023

All job postings expire at 12:01 AM on the posting expiration date.

Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.

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