Assoc Staff Accountant - PHISCO (Hybrid)
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 the forecasting and planning function, 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: PRIMARY DUTIES AND ACCOUNTABILITIES- 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. (40%)
- 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. (15%)
- 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. (15%)
- 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.
- Bachelor's degree in Accounting or equivalent
- Entry level, no years of related experience required
- Knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
- 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
- Effective teambuilding and leaderships skills
- Project management skills
- Commitment to highest standards of quality and integrity
- Exude a high degree of professionalism and treats others with respect
- 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
- Demonstrated successful use of technology to improve process efficiency
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $60,800.00/Yr. – $83,600.00/Yr.
- Annual Bonus for eligible positions: 7%
- 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 bonding/primary caregiver leave or 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
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