Tuesday , May 21 2024

Duke Energy Job Openings – Manager Accounting I

Website Duke Energy

Job Description:

Responsible for all accounting aspects of assigned solar/wind operating projects and renewable construction projects within Duke Energy’s Commercial Renewables (non-regulated) portfolio including, supporting the monthly accounting close, interacting with internal and external parties, preparing various project deliverables, and completing quarterly compliance reporting. Need to be familiar with a variety of accounting concepts, practices and procedures to assist with the administration of the assigned renewable projects. This role will have a primary focus toward Tax Equity which require the use of the Hypothetical Liquation at Book Value (HLBV) Method of accounting. The ideal candidate will possess strong attributes for accuracy and will be highly detailed oriented. This role will report directly to the Director of Renewables Accounting as an individual contributor.

Job Responsibilities:

  • Lead the annual external audit for any assigned projects with an annual audit requirement
  • Prepare and/or review quarterly and annual audited financial statements for any assigned project with a third-party financing
  • Partner with the renewables development team to evaluate proposed transactions
  • Prepare and/or review various monthly and quarterly financial reporting schedules
  • Review third-party agreements to understand and implement accounting treatment
  • Responsible for reviewing and updating tax equity models for purposes of HLBV accounting
  • Responsible for Tax Equity Projects and accompanying HLBV Accounting
  • Review development agreements/investments to understand and implement accounting treatment
  • Prepare and/or review assigned operating company monthly general ledger closing
  • Prepare ad hoc requests for internal and external parties
  • Assist tax department with various data requests for assigned projects
  • Interface with site operating personnel, corporate personnel, tax equity partners, external auditors, vendors and consultants as required

Job Requirements:

  • Ability to work independently as well as part of a team and be flexible with assignment changes as needed
  • Public accounting experience (Big Four / large regional)
  • Strong technical skills and working knowledge of GAAP
  • One (1) or more years of experience with direct reports
  • Strong multi-tasking skills and ability to manage multiple projects running concurrently
  • Certified Public Accountant
  • Ability to work with complex financial models
  • Proficiency with PeopleSoft, HFM, PowerPlan (fixed assets system), and Business Objects/WEBI query tools
  • Excellent communication (verbal and written), interpersonal, and organizational skills
  • Proven problem solving and analytical skills

Qualification & Experience:

  • Experience and confidence interacting with senior management, parent company management, external auditors and external parties
  • Experience using Microsoft products such as Excel, Word and Power Point
  • Master’s degree in accounting, finance or other closely related discipline
  • In addition to required degree, eight (8) years or more of related work experience
  • Experience with Tax Equity transactions, structured financed transactions, and HLBV Accounting
  • Experience with company consolidation and limited liability company / partnership accounting
  • Bachelor’s degree with major in accounting, finance or other closely related discipline

Job Details:

Company: Duke Energy

Vacancy Type:  Full Time

Job Functions: Finance

Job Location: Terre Haute, IN, US

Application Deadline: N/A

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