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Senior Accounting Analyst

Company: Disability Solutions
Location: Houston
Posted on: June 7, 2024

Job Description:

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people. Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve. Job SummaryThis position provides accounting support for the organization to ensure the financial effects of gas purchase operations are accurately recorded, analyzed and reported in a timely manner in accordance with generally accepted accounting principles (GAAP) and in compliance with regulatory, state and federal requirements. This position is responsible for the preparation and review of the cost of gas recovery journal entries, maintenance and reconciliation of gas storage balances, analysis and reporting of imbalance transactions, asset management agreement transactions, Sox key controls and other general ledger journal entries. This position also performs varied work assignments and will participate in special projects. Essential Functions

  • Efficiently and accurately analyze information, collect and cross-reference supporting documentation to prepare monthly cost of gas schedules and journal entries for month end close.
  • Perform monthly analytical review of gas costs by jurisdiction and resolves volume or cost related discrepancies.
  • Coordinate and reconcile accounting transactions between affiliate companies.
  • Coordinate and reconcile over/under balances with the Rate department in support of jurisdictional rate filings.
  • Ensure gas cost recovery methodologies are in compliance with all applicable and current regulatory tariffs.
  • Research accounting and regulatory issues as needed.
  • Analyze and book imbalance transactions with third-party and affiliate companies.
  • Perform materials and supplies inventory (M&S) accounting duties as needed including researching and recommending proper accounting treatment of inventory transactions. Review M&S material spend KPI and book accruals as needed.
  • Prepare and maintain Regulatory Commission schedules to be used in annual filing or reporting.
  • Analyze monthly gas storage inventory activities and maintain gas storage inventory balances.
  • Prepare monthly gas cost over/under journal entries and pertinent reconciliation schedules to ensure proper recovery of cost of gas.
  • Coordinate and respond to rate case data requests and provide support to regulatory auditors.
  • Lead or assist with preparation of various ad hoc requests and special projects.
  • Lead or assist with various cost of gas improvement initiatives.
  • Participate in various special projects as assigned by management. Education Description
    • Bachelor's Degree Required. Area: Accounting, finance or business related with over twenty four (24) hours of Accounting.
    • Professional certification such as a CPA or a master's degree is desirable. Experience
      • A minimum of five (5) years experience in the natural gas industry with either Auditing, financial accounting, regulatory accounting and/or gas accounting.
      • Experience in the Gas Cost Accounting or Financial Accounting Department of a local distribution company (LDC) is desirable. Additional Qualifications
        • Competency in inter-company transaction accounting in a complex organization.
        • Experience or proficiency in the use of Business Warehouse to perform various analysis and reporting duties is a plus.
        • Able to demonstrate and apply detailed knowledge of requirements necessary to comply with the Sarbanes-Oxley Act, FERC (Federal Energy Regulatory Commission) regulations and internal accounting and financial procedures.
        • Able to demonstrate and apply computer expertise and knowledge of both integrated mainframe software (SAP FIN/ACCTNG module(s)) as well as PC-based e-mail, database, spreadsheet and proprietary software including Excel and Word.
        • Able to recognize and handle confidential information in a discrete manner.
        • Able to demonstrate strong interpersonal skills (including diplomacy, tact and active listening skills) and to communicate effectively with co-workers, management and members of other departments.
        • Able to communicate effectively, both orally and in writing, in a clear and concise manner.
        • Able to work collaboratively in a team environment and across departmental, organizational and functional lines to achieve results.
        • Able to demonstrate consistent commitment to assure assigned tasks and duties are completed in an accurate, detailed, thorough and timely manner.
        • Able to motivate self, perform duties, accomplish tasks and achieve goals independently or with minimal supervision including self-directed learning.
        • Able to learn, adapt to and apply new technology.
        • Able to prioritize work, meet deadlines, manage multiple tasks concurrently and respond to changing work priorities.
        • Able to remain focused in the face of distractions, conceptualize quickly and assimilate data to make timely decisions and take appropriate action.
        • Must demonstrate commitment to compliance with applicable laws and regulations, the Company's Ethics and Compliance Code of Conduct, and other Company policies and procedures, and take all required training courses.
        • Must demonstrate respect for all individuals and adhere to the Company's values and business practices. We want you to know Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together. Diversity, Equity and Inclusion CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve. What we bring to you
          • Competitive pay
          • Paid training
          • Benefits eligibility begins on your first day
          • Transit subsidies
          • Flexible work schedule, paid holidays and paid time off
          • Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
          • Professional growth and development programs including tuition reimbursement
          • 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution Job Type: Full Time Posting Start Date: 05/09/2024 Posting End Date: 05/23/2024 This contractor and subcontractor shall abide by the requirements of 41 CFR ---- 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.

Keywords: Disability Solutions, Houston , Senior Accounting Analyst, Accounting, Auditing , Houston, Texas

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