What are the responsibilities and job description for the Accountant, Staff Accountant, Senior Accountant position at LG&E and KU Energy LLC?
Company Summary Statement
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 334,000 natural gas and 433,000 electric customers in Louisville and 16 surrounding counties. KU serves 569,000 customers in 77 Kentucky counties and five counties in Virginia. LG&E and KU are major employers and active supporters of the communities they serve. They empower employees, community members and initiatives across their service territory through volunteerism and investments in organizations that support education, sustainability and wellbeing.
Overview
NOTE: This is a hybrid position requiring on-site presence three days per week in our Louisville, KY office.
#LG&EKU
#INDPPL
Under direction, performs assignments in accordance with Company procedures and generally accepted accounting standards and procedures. The primary focus for this role includes unitizing assets, preparing journal entries and account reconciliations, or other responsibilities to maintain asset accounting records.
Responsibilities
Unitize and retire assets in specific functional areas of responsibility ensuring transactions comply with GAAP and Company policy.
Support the monthly close process by preparing journal entries, account reconciliations, and financial calculations.
Prepare financial statement analyses, including cash flow activity analysis as assigned.
Perform financial calculations and prepare financial analyses, reports, and estimates for other departments as needed.
Prepare supporting schedules included in the monthly, quarterly and annual financial reports and filings with the Securities and Exchange Commission (SEC), Federal Energy Regulatory Commission (FERC), Kentucky Public Service Commission (KPSC), Virginia State Corporation Commission (VSCC), Energy Information Administration (EIA) and others, including FERC Forms 1, 3 and 60.
Prepare financial exhibits used in determining utility revenue requirements for rate cases and prepare responses to data requests from regulatory or other governmental agencies.
Consult with all areas of the companies related to asset accounting and capitalization issues.
Ensure proper process and systems documentation is maintained for compliance with internal control requirements.
Utilize Company financial systems to analyze accounting activity and prepare reports.
Performs other duties as assigned.
Qualifications
Required Qualifications
Bachelor's Degree in accounting or finance.
Working knowledge of Microsoft Office Applications. Excel experience is required.
Must have good working knowledge of accounting principles and their applications to the unility industry.
Preferred Qualifications
1-3 years accounting-related experience.
Ability to perform complex calculations and analysis using Excel and financial systems.
Excellent interpersonal skills for communicating financial explanation and oral/written information to others, both within and outside the corporation.
Current working knowledge of accounting rules and regulations, including U.S. gnerally accepted accounting principles (US GAAP). Knowledge of FERC accounting and reporting requirements are preferred.
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 334,000 natural gas and 433,000 electric customers in Louisville and 16 surrounding counties. KU serves 569,000 customers in 77 Kentucky counties and five counties in Virginia. LG&E and KU are major employers and active supporters of the communities they serve. They empower employees, community members and initiatives across their service territory through volunteerism and investments in organizations that support education, sustainability and wellbeing.
Overview
NOTE: This is a hybrid position requiring on-site presence three days per week in our Louisville, KY office.
#LG&EKU
#INDPPL
Under direction, performs assignments in accordance with Company procedures and generally accepted accounting standards and procedures. The primary focus for this role includes unitizing assets, preparing journal entries and account reconciliations, or other responsibilities to maintain asset accounting records.
Responsibilities
Unitize and retire assets in specific functional areas of responsibility ensuring transactions comply with GAAP and Company policy.
Support the monthly close process by preparing journal entries, account reconciliations, and financial calculations.
Prepare financial statement analyses, including cash flow activity analysis as assigned.
Perform financial calculations and prepare financial analyses, reports, and estimates for other departments as needed.
Prepare supporting schedules included in the monthly, quarterly and annual financial reports and filings with the Securities and Exchange Commission (SEC), Federal Energy Regulatory Commission (FERC), Kentucky Public Service Commission (KPSC), Virginia State Corporation Commission (VSCC), Energy Information Administration (EIA) and others, including FERC Forms 1, 3 and 60.
Prepare financial exhibits used in determining utility revenue requirements for rate cases and prepare responses to data requests from regulatory or other governmental agencies.
Consult with all areas of the companies related to asset accounting and capitalization issues.
Ensure proper process and systems documentation is maintained for compliance with internal control requirements.
Utilize Company financial systems to analyze accounting activity and prepare reports.
Performs other duties as assigned.
Qualifications
Required Qualifications
Bachelor's Degree in accounting or finance.
Working knowledge of Microsoft Office Applications. Excel experience is required.
Must have good working knowledge of accounting principles and their applications to the unility industry.
Preferred Qualifications
1-3 years accounting-related experience.
Ability to perform complex calculations and analysis using Excel and financial systems.
Excellent interpersonal skills for communicating financial explanation and oral/written information to others, both within and outside the corporation.
Current working knowledge of accounting rules and regulations, including U.S. gnerally accepted accounting principles (US GAAP). Knowledge of FERC accounting and reporting requirements are preferred.