Position Summary
Reporting to the Accounting Manager, this role will record and analyze transactions for financial reporting purposes in accordance with Generally Accepted Accounting Principles (GAAP) for WGEServices, our non-utility subsidiary, and other subsidiaries, as necessary. Maintain general ledger accounts through account reconciliations and analytical procedures, perform process improvements, due diligence, and reporting, and work closely with the business to account for new transactions.
Tasks and Responsibilities
Performs day to day accounting functions for WGEServices and other subsidiaries, as necessary.
Assists in the development of workflow, systems, and process improvements.
Participates in monthly due diligence meetings by interpreting and explaining variances from period to period, period to budget and period to forecast to report the company's financial results.
Performs account reconciliations in Black Line, including the review of customer account receivables for complete bad debt reserve analysis as well as perform monthly reconciliations between the AR sub-ledger to the general ledger.
Work closely with the business to record and analyze power & gas revenue and cost accounts, including renewable energy credits
Perform Monthly Derivatives Accounting and quarterly derivatives disclosure.
Assist in Derivative designation of Large Commercial.
Ensures compliance with Sarbanes-Oxley requirements, and any remedial actions, as necessary.
Maintains strong communication with the operational team. Interprets findings to report impact on the balance sheet and income statement accounts and communicates the rest of the team.
Qualifications, Skills and Abilities
Bachelor's Degree degree in Accounting, Finance, or related business discipline is required
5+ Years of business experience is required
CPA or equivalent experience/certification is preferred
General knowledge of GAAP and SEC regulations and filing requirements; Energy industry experience is preferred
Working knowledge of PeopleSoft Financial modules (e.g. General Ledger, Fixed Assets, Projects) including Power Plant
Willing to learn new systems and processes necessary for strong job performance
Ability to utilize appropriate operating systems and software applications to access data and generate reports to include: Windows, Microsoft Office including Advanced Excel, and Access. Ability to analyze and interpret data and to identify relevant issues in solving business problems
Ability to meet numerous internal and external deadlines often under tight time constraints
Ability to write and present diverse ideas in a logical and concise manner
Ability to establish rapport and effective working relationships with business partners, supervisors, and peers
WGL Energy
Washington États-Unis
www.wgl.com/
