Reporting to an Accounting Manager and based in Allentown, Pennsylvania, the Accountant is a critical member of the generation accounting team performing the accounting, reporting, and analysis of various plant activities, as well as supporting the development and application of US GAAP accounting policies and maintaining internal controls.
This position is responsible for accounting activity related to margins, capital projects, insurance, debt and cash application, some of which may involve activities related to new business initiatives including joint venture and equity transactions. In addition, this position is responsible for providing support on the technical accounting implications of new business initiatives, as well as complying with the control (SOX) environment of the Company. The ability to correctly account for a wide range of activity and proactively identify and resolve accounting issues is a critical success factor for the candidate.
The ideal candidate enjoys fostering teamwork, a collaborative approach with colleagues, and a strategic thinking environment which culminates in a “work hard and reap the rewards” culture of a Publicly Traded Independent Power Producer.
Our office is located in Allentown, Pennsylvania and this position would work in a hybrid model that is, working a few days from home and a few days in the office.
What you will own
Preparation of journal entries related to: Energy and fuel
Fixed assets
Inventory – coal, oil, materials
Operation and maintenance expenses
Prepaids
Investment and equity activity
Monthly accruals
Maintain appropriate systems General ledger
Fixed assets
Inventory
Perform and review account reconciliations for assigned general ledger accounts, ensure accuracy of information and provide variance analysis
Prepares and analyzes financial statements and other internal/external financial reports
Prepares Balance Sheet and Income Statement Flux Analysis
Prepares and analyzes requested information in support of the audit requests
Assists in the preparation of financial statement workpapers
Uses best practices and knowledge of internal/external business issues to improve products or services. Solves more complex problems taking a new perspective on existing solutions
Ensures compliance with GAAP accounting and reporting, FERC, NERC and OSHA requirements, State and Federal rules and laws, and support of any internal department requiring additional knowledge of the accounting departments' function
Increases and applies knowledge of legal and regulatory issues and changes in accounting guidance
What you have
High integrity and direct communication style
Demonstrated ability to interact well within a team environment and manage projects
Strong financial accounting, analytical and planning abilities with attention to detail
Proven ability to work independently and prioritize critical tasks
Strong oral and written communication skills and ability to interact with various departments and managers
Ability to multitask and to remain calm and patient within compressed timelines
Accounting or finance degree (or equivalent) 1- 2 years’ experience; graduate degree is a plus
Public Accounting experience within a large firm with SEC and/or power industry clients is a plus
Why Talen Energy?
Force for Good
Talen Energy is one of the largest competitive energy and power generation companies in North America. We operate power plants that use diverse fuel sources in the most attractive wholesale power markets and sell energy to wholesale and retail customers in selected competitive markets. Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful and collaborative workplace, and a strong commitment to innovation, teamwork and integrity. We generate energy for a brighter tomorrow.
Collaboration
Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative…