What are the responsibilities and job description for the Sr Accountant/Accounting Specialist position at PPL Corporation?
Company Summary Statement
As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.
Overview
This position is responsible for accurate accounting and timely reporting of PPL’s compensation and benefit plans both internally as well as to government agencies and regulators (SEC, FERC, DOL). This position is involved in the Company’s Corporate Accounting and Financial Reporting processes, along with the regulatory reporting requirements for defined benefit, defined contribution and health & welfare benefit plans. This position will have a focus on compensation accounting, including short-term and long-term incentive compensation, deferred compensation, and proxy reporting. This position will interact heavily with different levels of management, all company business lines, as well as Treasury, Financial Planning, Human Resources and the Office of General Counsel. This position also interacts extensively with external auditors.
Senior Accountant:
Under general direction, responsible for complex accounting activities including analyzing accounting transactions & issues, preparing journal entries, maintaining a complete and accurate general ledger, preparing & analyzing financial reports and enhancing internal controls over financial reporting. This is a senior-skill level without supervisory responsibility. However, the position may provide guidance and direction to other team members. Works independently with minimal guidance using knowledge of business operations and accounting.
Accounting Specialist:
Responsible for complex activities associated with the functional work group's accounting transactions, financial reports, and internal controls over financial reporting. This is a key contributor in a complex environment who may lead functional teams or projects. This is an advanced-skill level without supervisory responsibility. However, the position may provide guidance and direction to other team members. Works independently with little guidance using extensive technical knowledge of business operations and technical accounting.
Responsibilities
Responsibilities
Senior Accountant:
Qualifications:
Senior Accountant:
Basic Qualifications -
Basic Qualifications
As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.
Overview
This position is responsible for accurate accounting and timely reporting of PPL’s compensation and benefit plans both internally as well as to government agencies and regulators (SEC, FERC, DOL). This position is involved in the Company’s Corporate Accounting and Financial Reporting processes, along with the regulatory reporting requirements for defined benefit, defined contribution and health & welfare benefit plans. This position will have a focus on compensation accounting, including short-term and long-term incentive compensation, deferred compensation, and proxy reporting. This position will interact heavily with different levels of management, all company business lines, as well as Treasury, Financial Planning, Human Resources and the Office of General Counsel. This position also interacts extensively with external auditors.
Senior Accountant:
Under general direction, responsible for complex accounting activities including analyzing accounting transactions & issues, preparing journal entries, maintaining a complete and accurate general ledger, preparing & analyzing financial reports and enhancing internal controls over financial reporting. This is a senior-skill level without supervisory responsibility. However, the position may provide guidance and direction to other team members. Works independently with minimal guidance using knowledge of business operations and accounting.
Accounting Specialist:
Responsible for complex activities associated with the functional work group's accounting transactions, financial reports, and internal controls over financial reporting. This is a key contributor in a complex environment who may lead functional teams or projects. This is an advanced-skill level without supervisory responsibility. However, the position may provide guidance and direction to other team members. Works independently with little guidance using extensive technical knowledge of business operations and technical accounting.
Responsibilities
Responsibilities
Senior Accountant:
- Evaluates accounting policies and procedures to reflect changes in business conditions, processes, and accounting guidance.
- Prepares more complex accounting analyses and journal entries.
- Enhances internal controls over financial reporting.
- Uses best practices and knowledge of internal/external business issues to improve products or services. Solves more complex problems by taking a new perspective on existing solutions.
- Provides functional advice or training to less-experienced accountant positions.
- Acts as a resource for colleagues with less experience. May direct the work of other staff members.
- Increases and applies knowledge of legal and regulatory issues and changes in accounting guidance.
- Evaluates accounting policies and procedures to reflect changes in business conditions, processes, and accounting guidance.
- Responsible for the preparation of complex analyses, various analytics or financial statements.
- Assesses the impacts of new systems on internal controls over financial reporting.
- Solves complex problems; takes a broad perspective to identify innovative solutions and makes use of knowledge of company operations, technical accounting matters and industry regulation.
- Interprets internal/external business issues and recommends best practices.
- May lead functional teams or projects to achieve milestones and objectives and will occasionally present topical matters to senior leadership in the Financial Department.
- Trains and develops staff. Acts as a resource for colleagues with less experience. May direct the work of other staff members
- Works independently with guidance on only the most complex tasks.
- Ensures compliance with legal and regulatory controls.
Qualifications:
Senior Accountant:
Basic Qualifications -
- Bachelor's Degree in business discipline with at least 3 accounting courses and 5 years accounting experience OR Bachelor's Degree in Accounting with 3-5 years of accounting-related experience.
- Requires knowledge of Microsoft Office applications, including strong Excel skills and aptitude for accounting information systems.
- Bachelor's Degree in Accounting, MBA, or other advanced degree in business discipline.
- CPA or CMA certification.
- Experience in pension accounting, accounting for stock-based compensation, SEC reporting, Proxy Reporting, Department of Labor Form 5500 Reporting and a working knowledge of Sarbanes-Oxley requirements.
- Demonstrated ability to research technical accounting guidance.
- Excellent written and oral communication skills.
- Excellent interpersonal skills.
Basic Qualifications
- Bachelor's Degree in business discipline with at least three accounting courses and 7 or more years accounting-related experience OR Bachelor's Degree in Accounting with a minimum of 4 years accounting-related experience.
- Requires knowledge of Microsoft Office applications, including strong Excel skills and aptitude for accounting information systems.
- Bachelor's Degree in Accounting, MBA, or other advanced degree in business discipline.
- CPA or CMA certification.
- Experience in pension accounting, accounting for stock-based compensation, SEC reporting, Proxy Reporting, Department of Labor Form 5500 Reporting and a working knowledge of Sarbanes-Oxley requirements.
- Demonstrated ability to research technical accounting guidance.
- Excellent written and oral communication skills.
- Excellent interpersonal skills.