Accounting Analyst II, III or Senior

This position is responsible for revenue accounting and reporting which requires in-depth knowledge of accounting policies, procedures, generally accepted accounting principles, internal controls and IFRS.  Performs innovative problem-solving techniques and analyzes and develops solutions independently.  Makes recommendations regarding principles, methods, and procedures for improvements in techniques used in revenue accounting and reporting.

·       Ensure monthly closing of the books for Louisville Gas and Electric Company and Kentucky Utilities Company is properly reported, accurately reflects utility revenues, accounts receivable and related accounts, in compliance with GAAP, IFRS and internal controls.

·       Analyze financial transactions for accuracy and propriety, which requires diligence and ingenuity.

·       Calculation or review of all billing rates, factors and calculations in compliance with regulatory orders and statutes.

·       Continually evaluate accounting procedures and aid in decision making policies affecting those procedures to determine more efficient methods of performing duties and responsibilities.

·       Understanding of internal controls in Revenue Accounting to identify when internal controls are not operating effectively, make the necessary changes in internal controls documentation and work with auditors to complete any required walk-throughs and testing in Revenue Accounting.

·       Review franchise fee processing, billing factor development and maintenance, adjustments and remittance for accuracy and propriety.

·       Compile and/or analyze all financial and accounting schedules, filings, exhibits, data requests and testimony related to regulatory agencies.

·       Review financial reports produced by Oracle and the Customer Care System (CCS) for accuracy and reasonableness.

·       Preparation and analysis of the most complex journal entries and financial calculations required and prepare financial analyses, reports and estimates for other departments ensuring deadlines are adhered to.

·       Prepare and review balance sheet reconciliations in accordance with the Balance Sheet Reconciliation Policy.

·       Coordinate and support efforts of the Billing Integrity, State Regulation and Rates, I.T. and Remittance & Collection departments.

·       Possess comprehensive understanding of accounting rules and regulations which impact the financial reporting for gas and electric utility companies and those behind the functions of CCS.

·       Research and report on technical accounting issues affecting revenue accounting.

·       Management and organizational skills are required to lead departmental projects of extended scope.

·       Provide training and development for accounting analysts.

·       Perform other duties as assigned by supervisor.

Bachelor's degree in accounting or finance preferred or an alternate combination of education and experience that results in equivalent job knowledge.  CPA certification and/or Master's degree desirable.  Five years experience in accounting preferred.  Must have good working knowledge of accounting principles and their applications to the utility industry.

Special Qualifications:

Ability to carry out normal activities using Microsoft Office.  Possesses above average communications and interpersonal skills for communicating financial explanations and oral/written information to others, both within and outside the corporation.