Staff Accountant, Regulatory
LS Power Development, LLC
2024-10-02 10:42:31
Austin, Texas, United States
Job type: fulltime
Job industry: Accounting
Job description
Overview:
About us:
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired over 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the Firm has built and operates approximately 780 miles of high-voltage transmission and has another 350+ miles and multiple grid infrastructure projects currently under construction or development. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $54 billion in debt and equity capital to support North American infrastructure.
Our Purpose, Mission, & Values:
Our Purpose is to solve complex energy problems that improve the world
Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem
Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership
Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.
Benefits
We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees' happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.
About the Role:
LS Power is seeking a regulatory staff accountant to be responsible for maintaining accurate books and records, analyzing financial transactions, performing financial reporting, and providing timely and accurate data required for regulatory reporting of LS Power's regulated utilities.
Responsibilities:
What you will do:
Support general ledger processing; prepare/enter month-end and other required journal entries
Review transaction classifications within the GAAP general ledger and the FERC Uniform System of Accounts
Assist with preparation of financial statements, including footnotes and audit documentation
Perform account reconciliations for a variety of balance sheet and income statement accounts
Perform bank account reconciliations to support month-end close
Prepare support for monthly sales and use tax filings
Review accounts payable information for accuracy and completeness prior to entry in general ledger
Keep accounting management informed on issues within the assigned areas of responsibility and supply support for any financial data requests
Prepare budget and forecasts based on actual and projected information
Provide accurate data for the completion of regulatory reports and filings
Follow emerging GAAP and interact with peers within the utility industry to determine how new guidance potentially can or will affect the Company and/or the industry
Ensure data request responses are complete, accurate, and timely
Ensure information provided is accurate and presented in a useful and understandable format
Perform other duties as assigned to help the Regulatory Accounting team
Qualifications:
We want you on our team because you
Hold a Bachelor's degree in Accounting or Finance (Master's degree or CPA desirable).
Have at least one year of accounting work experience.
Have Basic knowledge of GAAP, company accounting principles, procedures, and practices.
Possess working knowledge of regulatory accounting and the FERC Uniform System of Accounts (preferred but not required).
Hold strong Microsoft Excel skills and general business systems knowledge.
Can effectively manage and complete assignments on time, possess excellent organizational abilities, and pay great attention to detail.
Are a team player with the ability to collaborate effectively with different levels and functions of the organization.
Possess strong analytical and reasoning abilities, with strong numeric skills and quantitative acumen.
Have excellent verbal and written communication skills.