Accounting Lead

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 is a hybrid position requiring on-site presence three days per week at one of our local offices, located in Allentown, PA (Lehigh Valley), Louisville, KY, or Providence, RI. #INDPPL LI-Hy

This position leads a team of professionals responsible for regulatory reporting requirements for PPL Corporation and its subsidiaries including PPL Electric Company (PPL Electric), Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). This includes the completion of regulatory reporting requirements of the Federal Energy Regulatory Commission (FERC) and applicable state agencies in Pennsylvania, Kentucky, and Rhode Island. The position provides overall direction to the accounting team, while ensuring the team's work product is in compliance with applicable public utility accounting regulations, internal controls, and company policy and procedures. The role provides formal supervision to the team members including coaching, counseling, personal development, and technical accounting support. In addition to the administrative duties of supervising a work group, the Lead also completes individual technical and business-related accounting tasks.

Responsibilities

Ensures compliance with public utility regulatory requirements (FERC and state regulatory commissions), applicable internal controls and company policy and procedures.

Supports the preparation and review of the Company's annual and quarterly FERC and state regulatory commissions filings in accordance with applicable regulations and ensures the tie-out to supporting documentation.

Support rate and regulatory teams in rate proceedings or other miscellaneous regulatory matters.

Responsible for participating in general ledger maintenance process which includes new account set-ups and mapping for internal and external reporting purposes.

Plans and develops rate case exhibits used in determining utility revenue requirements and responses to rate case data requests which are of major magnitude or scope.

Prioritizes and directs team activities related to one or more functional accounting areas or processes. This includes assigning and scheduling work duties to meet completion dates. The incumbent also completes direct technical and business-related accounting tasks related to the functional accounting areas or processes.

Continually looks for (and encourages team members to look for) ways to improve processes for greater effectiveness and efficiency.

Ensures team actively promotes company initiatives for safety and wellness, customer experience, inclusion, and employee engagement, while modeling leadership commitments, values and behaviors.

Develops proficiency in leadership skills by mentoring, coaching and formal training in supervision and leadership, as well as other tasks or team roles as assigned by the Manager and / or Director.

Provides formal supervision to the team members including, but not limited to the following activities : -assists in the development and achievement of goals for all team members that align and support company and department goals;-provides ongoing feedback to team members;-provides coaching and guidance towards team members development;-when necessary creates a performance plan for team members not meeting expectations;-takes disciplinary / corrective action when necessary involving Human Resources and / or supervisor.

Completes individual technical accounting and business-related tasks as assigned in a timely manner, in accordance with applicable regulatory requirements (FERC and state regulatory commissions), applicable internal controls and with a high degree of accuracy.

Acts as liaison with other departments within PPL and other constituencies outside of PPL as necessary.

Researches and documents accounting issues in technical memos and presents conclusions to more senior levels of management and external auditors. Experienced members would be expected to research highly complex issues or guide team members in performing and documenting accounting research.

Develop a thorough understanding of applicable financial and reporting systems, controls and interfaces, as well as understand how to efficiently query needed financial data from systems.

Support ad hoc projects and requests.

Physical presence in the office / on-site, when needed or requested, to engage in face-to-face interaction and coordination of work among direct reports and co-workers.

Performs other duties as assigned.

Complies with all policies and standards.

Qualifications

Required Education :

• Bachelor's Degree in Accounting, or a master's degree in Accounting, Master of Business Administration (MBA), or other advanced degree in a business discipline.

Required Experience :

5+ years Work requires a high level of analytical ability to identify and resolve problems acquired through a minimum of 5-7 years of work experience with progression to more responsibility and positions that required increasing technical skills.

High aptitude for learning and using other automated accounting and reporting systems and tools is required.

Requires proficiency in written and oral communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.

Working knowledge of Microsoft Office applications; use of excel / word is required.

Must function cooperatively as part of a team and exhibit flexibility in response to changing demands and priorities.

Preferred Qualifications :

Experience in utility accounting, public accounting and FERC reporting, and a working knowledge of Sarbanes-Oxley requirements.

Demonstrated ability to research technical accounting guidance as evidenced by preparation of technical whitepapers.

Working knowledge of enterprise level accounting systems.

CPA or CMA certification.

Required Education :

Required Experience :

5+ years Work requires a high level of analytical ability to identify and resolve problems acquired through a minimum of 5-7 years of work experience with progression to more responsibility and positions that required increasing technical skills.

High aptitude for learning and using other automated accounting and reporting systems and tools is required.

Requires proficiency in written and oral communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.

Working knowledge of Microsoft Office applications; use of excel / word is required.

Must function cooperatively as part of a team and exhibit flexibility in response to changing demands and priorities.

Preferred Qualifications :

Experience in utility accounting, public accounting and FERC reporting, and a working knowledge of Sarbanes-Oxley requirements.

Demonstrated ability to research technical accounting guidance as evidenced by preparation of technical whitepapers.

Working knowledge of enterprise level accounting systems.

CPA or CMA certification.

Ensures compliance with public utility regulatory requirements (FERC and state regulatory commissions), applicable internal controls and company policy and procedures.

Supports the preparation and review of the Company's annual and quarterly FERC and state regulatory commissions filings in accordance with applicable regulations and ensures the tie-out to supporting documentation.

Support rate and regulatory teams in rate proceedings or other miscellaneous regulatory matters.

Responsible for participating in general ledger maintenance process which includes new account set-ups and mapping for internal and external reporting purposes.

Plans and develops rate case exhibits used in determining utility revenue requirements and responses to rate case data requests which are of major magnitude or scope.

Prioritizes and directs team activities related to one or more functional accounting areas or processes. This includes assigning and scheduling work duties to meet completion dates. The incumbent also completes direct technical and business-related accounting tasks related to the functional accounting areas or processes.

Continually looks for (and encourages team members to look for) ways to improve processes for greater effectiveness and efficiency.

Ensures team actively promotes company initiatives for safety and wellness, customer experience, inclusion, and employee engagement, while modeling leadership commitments, values and behaviors.

Develops proficiency in leadership skills by mentoring, coaching and formal training in supervision and leadership, as well as other tasks or team roles as assigned by the Manager and / or Director.

Provides formal supervision to the team members including, but not limited to the following activities : -assists in the development and achievement of goals for all team members that align and support company and department goals;-provides ongoing feedback to team members;-provides coaching and guidance towards team members development;-when necessary creates a performance plan for team members not meeting expectations;-takes disciplinary / corrective action when necessary involving Human Resources and / or supervisor.

Completes individual technical accounting and business-related tasks as assigned in a timely manner, in accordance with applicable regulatory requirements (FERC and state regulatory commissions), applicable internal controls and with a high degree of accuracy.

Acts as liaison with other departments within PPL and other constituencies outside of PPL as necessary.

Researches and documents accounting issues in technical memos and presents conclusions to more senior levels of management and external auditors. Experienced members would be expected to research highly complex issues or guide team members in performing and documenting accounting research.

Develop a thorough understanding of applicable financial and reporting systems, controls and interfaces, as well as understand how to efficiently query needed financial data from systems.

Support ad hoc projects and requests.

Physical presence in the office / on-site, when needed or requested, to engage in face-to-face interaction and coordination of work among direct reports and co-workers.

Performs other duties as assigned.

Complies with all policies and standards.

Remote Work

The company reserves the right to determine if this position will be assigned to work on-site, remotely, or a combination of both. Assigned work location may change. In the case of remote work, physical presence in the office / on-site may be required to engage in face-to-face interaction and coordination of work among direct reports and co-workers.

Equal Employment Opportunity

Our company is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, protected veteran status, sexual orientation, gender identify, genetic information, disability status, or any other protected characteristic.