Summary

Prairie State Generating Company is a supercritical coal fired power plant and coal mine committed to providing clean, reliable, and affordable energy to 180 communities across the Midwest and Mid-Atlantic.  At Prairie State Generating Company our vision is to be the best coal mine and coal-fired power plant in the United States.  To achieve this vision, we need the best employees that are committed to living our Company values of Safety, Accountability, Teamwork, and Sustainability in their everyday lives.  Currently we are seeking a Senior Accountant to join our growing organization.

The Senior Accountant prepares and/or reviews financial statements.  Prepares and consolidates financial information to meet internal and external reporting requirements using GAAP (Generally Accepted Accounting Principles). Investigates financial statement variances to balance sheet and income statement, as well as operating budget variances, and provides explanations to management. May also have responsibility for understanding and reporting on FERC accounting rules.  Performs special projects and analysis of financial data as assigned.

Essential Duties and Responsibilities

Essential duties and responsibilities include, but are not limited to, the following (other duties and responsibilities may be assigned):

• Responsible for the preparation of financial statements, management reports, and special projects.
• Reviews financial statements for completeness and accuracy, as well as compliance with Generally Accepted Accounting Principles (GAAP).
• Performs general ledger accounting functions including preparation of journal entries and account analysis.
• Prepares and validates journal entries for accuracy of account information.
• Reviews invoices for accrual purposes, including reaching out to vendors and project managers as needed to obtain accrual estimates, supporting documentation, etc.
• Preparation of supplemental financial reports and ensures accuracy of all supplemental financial reports. 
• Review detailed analysis to support financial reporting explanations and budgeting process as needed.
• As required, performs Financial Statement analysis (variance budget vs. actual). Prepare and distribute monthly budget reports.
• Reviews and process billings for joint interest partners.
• Coordinate month-end and year-end closing activities to ensure timely reporting.
• Serve as the primary bank liaison, and coordinate and resolve various issues with the bank such as cleared check differences, bank fee anomalies, and enhancements to online services.
• Monitor the cash flow of the company daily and maintain control over treasury transactions.
• Assists in year-end audits and prepare schedules and documents for independent auditors.
• Assists with budgets and forecasting.
• Ensures compliance with internal controls.
• Oversee chart of accounts (including FERC) for general ledger.
• GAAP compliance and research as assigned and provide associated technical support regarding new guidance affecting the company.
• Potential backup for payroll processing.
• Assist with implementation of new systems and enhancement projects.
• Participate in the ongoing development/update/establishment of accounting policies and procedures, and document/update policies, procedures, and workflows for assigned areas of responsibility.
• Contribute to the ongoing development of operational strategies including the review and implementation of process and system changes.
• Complete special projects and non-routine assignments as may be required by the Accounting Manager and Corporate Controller.
• Will have access to personal, confidential, and financial information.

Supervisory Responsibilities

Provides authority of knowledge to lesser experienced accounting personnel.