Staff Accountant - ComEd (Hybrid)
Delmarva Power & Light Co., Chicago, IL, United States
Primary Purpose
Perform a variety of accounting assignments, recording and reporting financial transactions and executing Sarbanes‑Oxley control requirements. Produce accurate and timely financial statements as needed. Collaborate with cross‑functional teams to ensure accurate financial records, assist with forecasting and planning, and support the business in meeting the needs of our customers. Continually assess and recommend areas to improve efficiency and effectiveness of processes.
Primary Duties
Monthly and Quarterly Close – Perform and support the monthly financial statement close process, ensuring that all financial transactions are recorded accurately and timely. Ensure effective operation of Sarbanes‑Oxley controls and identify any changes that may be necessary. (30%)
Reporting and Analysis – Prepare monthly and quarterly reports, including analysis for use in internal and external reporting. Research variances, identify trends in data (at times working with large data sets), determine root causes and make recommendations for adjustments and/or enhancements. Prepare and analyze account reconciliations. (20%)
Collaboration and Communication – Engage and collaborate with cross‑functional business partners to identify and resolve accounting issues proactively and to assist with planning, forecasting, regulatory, and business decision processes. Present and communicate operating results as needed to Leadership. (15%)
Audit and Regulatory Support – Interact with internal and external auditors to support required audits. Support the regulatory process, including various data requests, which could include interaction with external stakeholders. (15%)
Process Improvements and Special Projects – Analyze current processes and procedures and leverage new and emerging technologies to recommend, develop, and drive improvements. Participate in various special projects related to process improvements, automation, and/or changes in regulatory or accounting requirements. (20%)
Job Scope
Perform day‑to‑day activities associated with the monthly financial statement close process.
Ensure financial transactions are recorded accurately and timely.
Challenge current processes and collaborate across the company to identify opportunities for improvement, accomplish goals, and resolve issues.
Work is varied and difficult in nature and requires the exercise of judgment, initiative, and ingenuity to select the most appropriate course of action.
Team engagement and supporting the Cultural Pillars of Development, DEI, Innovation and Community Engagement, of Exelon and Finance.
Work under minimal supervision and demonstrate situational leadership coaching and mentoring less experienced team members.
Position, at times, may require overtime, weekend work and limited travel.
Minimum Qualifications
Bachelor's degree in Accounting or equivalent
2-4 years of related experience
Demonstrated knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
Demonstrated ability to document a broad range of issues in work papers, disclosures and memos.
Strong analytical skills in evaluating data and the ability to exercise judgment in a variety of areas
Demonstrated successful use of technology to improve process efficiency
Effective teambuilding and leadership skills
Demonstrated project management skills
Commitment to highest standards of quality and integrity
Exude a high degree of professionalism and treat others with respect
Preferred Qualifications
MBA with a concentration in Accounting or Finance
CPA
Public accounting experience
Regulatory/utility/FERC/SEC reporting or energy industry experience
Understanding of the use and implementation of analytical tools and artificial intelligence to improve processes and analysis
Benefits
Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $71,200.00/Yr. – $97,900.00/Yr. Annual Bonus for eligible positions: 10% 401(k) match and annual company contribution. Medical, dental and vision insurance. Life and disability insurance. Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and parental leave. Employee Assistance Program and resources for mental and emotional support. Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement. Referral bonus program. And much more.
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
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Perform a variety of accounting assignments, recording and reporting financial transactions and executing Sarbanes‑Oxley control requirements. Produce accurate and timely financial statements as needed. Collaborate with cross‑functional teams to ensure accurate financial records, assist with forecasting and planning, and support the business in meeting the needs of our customers. Continually assess and recommend areas to improve efficiency and effectiveness of processes.
Primary Duties
Monthly and Quarterly Close – Perform and support the monthly financial statement close process, ensuring that all financial transactions are recorded accurately and timely. Ensure effective operation of Sarbanes‑Oxley controls and identify any changes that may be necessary. (30%)
Reporting and Analysis – Prepare monthly and quarterly reports, including analysis for use in internal and external reporting. Research variances, identify trends in data (at times working with large data sets), determine root causes and make recommendations for adjustments and/or enhancements. Prepare and analyze account reconciliations. (20%)
Collaboration and Communication – Engage and collaborate with cross‑functional business partners to identify and resolve accounting issues proactively and to assist with planning, forecasting, regulatory, and business decision processes. Present and communicate operating results as needed to Leadership. (15%)
Audit and Regulatory Support – Interact with internal and external auditors to support required audits. Support the regulatory process, including various data requests, which could include interaction with external stakeholders. (15%)
Process Improvements and Special Projects – Analyze current processes and procedures and leverage new and emerging technologies to recommend, develop, and drive improvements. Participate in various special projects related to process improvements, automation, and/or changes in regulatory or accounting requirements. (20%)
Job Scope
Perform day‑to‑day activities associated with the monthly financial statement close process.
Ensure financial transactions are recorded accurately and timely.
Challenge current processes and collaborate across the company to identify opportunities for improvement, accomplish goals, and resolve issues.
Work is varied and difficult in nature and requires the exercise of judgment, initiative, and ingenuity to select the most appropriate course of action.
Team engagement and supporting the Cultural Pillars of Development, DEI, Innovation and Community Engagement, of Exelon and Finance.
Work under minimal supervision and demonstrate situational leadership coaching and mentoring less experienced team members.
Position, at times, may require overtime, weekend work and limited travel.
Minimum Qualifications
Bachelor's degree in Accounting or equivalent
2-4 years of related experience
Demonstrated knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
Demonstrated ability to document a broad range of issues in work papers, disclosures and memos.
Strong analytical skills in evaluating data and the ability to exercise judgment in a variety of areas
Demonstrated successful use of technology to improve process efficiency
Effective teambuilding and leadership skills
Demonstrated project management skills
Commitment to highest standards of quality and integrity
Exude a high degree of professionalism and treat others with respect
Preferred Qualifications
MBA with a concentration in Accounting or Finance
CPA
Public accounting experience
Regulatory/utility/FERC/SEC reporting or energy industry experience
Understanding of the use and implementation of analytical tools and artificial intelligence to improve processes and analysis
Benefits
Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $71,200.00/Yr. – $97,900.00/Yr. Annual Bonus for eligible positions: 10% 401(k) match and annual company contribution. Medical, dental and vision insurance. Life and disability insurance. Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and parental leave. Employee Assistance Program and resources for mental and emotional support. Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement. Referral bonus program. And much more.
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
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