Sr Accounting Analyst
Consumers Energy, Jackson, MI, United States
Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties.
This position is not eligible for immigration sponsorship, e.g., H-1B, TN, etc. Please do not apply if you will need immigration sponsorship for a work visa now or in the future.
Location: This is a hybrid (virtual/onsite) position with required onsite days on Monday, Tuesday and Thursday assigned to One Energy Plaza located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).
JOB SUMMARY
The Senior Accounting Analyst will play a pivotal role in the Revenue and Fuel Cost Accounting team. This position is responsible for ensuring accurate and timely accounting for revenue and fuel costs, accounting for cost recovery, supporting the cost recovery reconciliation cases, providing insightful analysis to support decision‑making processes, and presenting financial results to senior management.
The Senior Accounting Analyst oversees the provision of general/sub ledgers, records, and financial reports; the preparation and analysis of different accounts; and the performance of general accounting functions. The incumbent manages regulatory accounting compliance by conducting complex research, reviewing data, and preparing regulatory reports, and supporting regulatory cases by analyzing and providing information. Identifies and resolves complex variances between the company's system of record and subledger. The Senior Accounting Analyst analyzes highly complex expenditures to validate appropriateness and provide necessary accounting recommendations. The incumbent works closely with other teams, including Shared Services, Accounts Receivable, Accounts Payable, Treasury, Operations, Rates, Internal Controls, external auditors, and regulatory staff. Additionally, the incumbent is responsible for regularly communicating to the company's senior management team regarding their area of expertise, such as cash flows, margin estimates, regulatory filings, uncollectibles, lease accounting, Income Statement and margin variances.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Other duties as assigned or as may be necessary
Utilizes automation to create custom visualizations and enhanced financial reports with graphs, tables, and charts using data visualization solutions like Power BI, Alteryx, or other software
Maintains and tests internal controls; assists in overseeing the budgeting and forecasting process by developing monthly and long‑term financial plans through data and evidence‑based analysis and incorporating these into financial models; maintains master data; and performs revenue and cost accounting
Prepares complex ad hoc reporting as needed for research, rate case support, studies, surveys, and other ad‑hoc requests; reviews rate case testimony/exhibits and oversees data analysis for regulatory filings
Prepares and records monthly and nonrecurring general ledger entries (including O&M vs. capital)
Owns processes used in preparing financial reports and analyses to support variances, including presenting results, risks, and opportunities to Accounting Leadership
Performs account reconciliations and balance sheet variance analysis; supports SEC reporting
Manages complex transactions such as lease accounting, overhead allocations/studies, cost accounting, and other financial transactions
Performs month‑end close ensuring accuracy and timely financial statements
Provides advanced accounting guidance using GAAP and regulatory resources
Provides complex data and financial analysis in support of external/internal customer requirements and audits
Reviews general ledger activity for accuracy; manages cost accounting activities, forecasts, variance analysis, risk/opportunity coordination, and cash flow analyses
KNOWLEDGE / SKILLS / ABILITIES
Ability to obtain and analyze large data sets
Strong organizational skills and ability to meet deadlines
High proficiency in Microsoft Office
Knowledge of SAP or similar accounting systems
Deep knowledge of GAAP and regulatory accounting
Strong analytical and problem‑solving skills
EDUCATION & EXPERIENCE
Bachelor's degree in Accounting, Business Administration, or related discipline with four (4) years of experience as an Accounting Analyst
Associate degree with six (6) years of experience as an Accounting Analyst
High School Diploma/GED with eight (8) years of experience as an Accounting Analyst
Why should you join our team?
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co‑workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co‑workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
What we offer:
Competitive compensation packages
Medical, Dental and Vision
401k with company match
Paid parental leave
Up to 13 paid Holidays
Paid time off
Educational Assistance Program
Diversity, Equity & Inclusion:
We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.
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This position is not eligible for immigration sponsorship, e.g., H-1B, TN, etc. Please do not apply if you will need immigration sponsorship for a work visa now or in the future.
Location: This is a hybrid (virtual/onsite) position with required onsite days on Monday, Tuesday and Thursday assigned to One Energy Plaza located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).
JOB SUMMARY
The Senior Accounting Analyst will play a pivotal role in the Revenue and Fuel Cost Accounting team. This position is responsible for ensuring accurate and timely accounting for revenue and fuel costs, accounting for cost recovery, supporting the cost recovery reconciliation cases, providing insightful analysis to support decision‑making processes, and presenting financial results to senior management.
The Senior Accounting Analyst oversees the provision of general/sub ledgers, records, and financial reports; the preparation and analysis of different accounts; and the performance of general accounting functions. The incumbent manages regulatory accounting compliance by conducting complex research, reviewing data, and preparing regulatory reports, and supporting regulatory cases by analyzing and providing information. Identifies and resolves complex variances between the company's system of record and subledger. The Senior Accounting Analyst analyzes highly complex expenditures to validate appropriateness and provide necessary accounting recommendations. The incumbent works closely with other teams, including Shared Services, Accounts Receivable, Accounts Payable, Treasury, Operations, Rates, Internal Controls, external auditors, and regulatory staff. Additionally, the incumbent is responsible for regularly communicating to the company's senior management team regarding their area of expertise, such as cash flows, margin estimates, regulatory filings, uncollectibles, lease accounting, Income Statement and margin variances.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Other duties as assigned or as may be necessary
Utilizes automation to create custom visualizations and enhanced financial reports with graphs, tables, and charts using data visualization solutions like Power BI, Alteryx, or other software
Maintains and tests internal controls; assists in overseeing the budgeting and forecasting process by developing monthly and long‑term financial plans through data and evidence‑based analysis and incorporating these into financial models; maintains master data; and performs revenue and cost accounting
Prepares complex ad hoc reporting as needed for research, rate case support, studies, surveys, and other ad‑hoc requests; reviews rate case testimony/exhibits and oversees data analysis for regulatory filings
Prepares and records monthly and nonrecurring general ledger entries (including O&M vs. capital)
Owns processes used in preparing financial reports and analyses to support variances, including presenting results, risks, and opportunities to Accounting Leadership
Performs account reconciliations and balance sheet variance analysis; supports SEC reporting
Manages complex transactions such as lease accounting, overhead allocations/studies, cost accounting, and other financial transactions
Performs month‑end close ensuring accuracy and timely financial statements
Provides advanced accounting guidance using GAAP and regulatory resources
Provides complex data and financial analysis in support of external/internal customer requirements and audits
Reviews general ledger activity for accuracy; manages cost accounting activities, forecasts, variance analysis, risk/opportunity coordination, and cash flow analyses
KNOWLEDGE / SKILLS / ABILITIES
Ability to obtain and analyze large data sets
Strong organizational skills and ability to meet deadlines
High proficiency in Microsoft Office
Knowledge of SAP or similar accounting systems
Deep knowledge of GAAP and regulatory accounting
Strong analytical and problem‑solving skills
EDUCATION & EXPERIENCE
Bachelor's degree in Accounting, Business Administration, or related discipline with four (4) years of experience as an Accounting Analyst
Associate degree with six (6) years of experience as an Accounting Analyst
High School Diploma/GED with eight (8) years of experience as an Accounting Analyst
Why should you join our team?
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co‑workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co‑workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
What we offer:
Competitive compensation packages
Medical, Dental and Vision
401k with company match
Paid parental leave
Up to 13 paid Holidays
Paid time off
Educational Assistance Program
Diversity, Equity & Inclusion:
We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.
#J-18808-Ljbffr