Delmarva Power, part of Exelon, is leading the energy transformation and is seeking an Assoc Staff Accountant. The role involves performing various accounting assignments, ensuring accurate financial transactions, and collaborating with cross-functional teams to support financial reporting and compliance.
Responsibilities
- 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
- Prepare monthly and quarterly reports, including analysis for use in internal and external reporting
- Research variances, identify trends in data, determine root causes and make recommendations for adjustments and/or enhancements
- Prepare and analyze account reconciliations
- Engage and collaborate with cross-functional business partners to identify and resolve accounting issues proactively
- Assist with planning, forecasting, regulatory, and business decision processes
- Present and communicate operating results as needed to Leadership
- 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
- 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
Skills
- 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 leadership 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
Benefits
- 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
Company Overview
Delmarva Power, a public utility owned by Exelon Corporation, provides clean, safe, affordable and reliable energy service to approximately 532,000 electric customers in Delaware and Maryland and approximately 138,000 natural gas customers in northern Delaware. It was founded in 1909, and is headquartered in Newark, Delaware, USA, with a workforce of 1001-5000 employees. Its website is http://www.delmarva.com.