Business Finance Specialist

Job Opportunity At PPL Corporation

As one of the largest investor-owned utility companies in the United States, PPL Corporation 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.

Position Overview

This is a hybrid position requiring on-site presence three days per week at one of our local offices, located in Allentown, PA, Louisville, KY, or Providence, RI. Under minimal supervision with a self-starter mentality, this position is responsible for developing effective partnerships with an assigned line of business management team supporting the planning and decision-making process. This position performs complex tasks such as review of reporting materials, presentation of reporting materials, data updates from forecast changes, review or preparation of month end manual accruals, and assistance with regulatory filings including rate cases. The position will possess extensive knowledge of overall business processes and lead the implementation of process improvements. Understands big picture concepts and provides support and leadership to junior colleagues.

Responsibilities

• Oversee the development of the line of business goals, objectives, and operating budgets.
• Solve complex business problems and analyze business results.
• Full responsibility to provide accurate and timely response to annual operating plan and budget requirements.
• Oversee the planning and budgeting function, including business case development and preparation of capital governance documentation supporting capital project approval.
• Engage regularly with business partners and pursue enhancements to business relationships.
• Lead business partners with the identification and quantification of process improvements and lead the implementation of improvements.
• Oversee junior team members as they perform analyzes of financial results compared to budget or forecast expectations by examining cost data, following up on major variances, and requesting explanations from appropriate functions / departments.
• Actively monitor capital projects and make forecast changes as needed to match revised construction plans and monitor operations and maintenance expenses to support corporate targets.
• Oversee complex regulatory support which includes rate cases, regulatory assets or liabilities, mechanism / tracker filings, as well as other filings as required.
• Review and / or perform day-to-day accounting and budgeting functions including project / work order maintenance, project / task setup, monthly manual accrual journal entries, expense coding support, etc.
• Expert knowledge of computer systems used for budgeting, including the ability to train junior employees on how to use the computer system to input, retrieve, and display budget / forecast information. Possess the expertise to modify standard reports where applicable or, if necessary, create ad-hoc reports. Be able to lead system upgrades and testing if needed.
• Lead special projects identified by management with manager guidance.
• Maintain a thorough working knowledge of Generally Accepted Accounting Principles (GAAP) and continually provide FERC Classification of accounts guidance.
• Uphold outstanding interpersonal skills for continuous interaction with, and presentation to, all levels of management and administrative staff.

Qualifications

Required Education : Bachelor's degree in accounting, finance, management, economics, marketing or related field and a minimum of seven years' experience in a finance related field.

Preferred Qualifications : Advanced degrees including MBA, CPA or CGMA, as well as knowledge or experience in the energy / power industry.

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 identity, genetic information, disability status, or any other protected characteristic.