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.
Provides authority of knowledge to lesser experienced accounting personnel.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and attitudes required for this employment position. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.
Bachelor’s degree in Accounting/Finance or related field required.
Five or more years of direct accounting experience preferred.
Knowledge, Skills and Abilities
This position requires in-depth understanding of Generally Accepted Accounting Principles (GAAP).
Understanding of the Federal Energy Regulatory Commission (FERC) accounting rules a plus.
Ability to read and interpret financial statements.
Proficient in Microsoft Excel, Word, and PowerPoint.
Ability to use/learn accounting software.
Standardizing accounting processes and developing collaborative work environments is required.
An understanding of accounting fundamentals and best practices is required.
Excellent oral and written communication skills.
Excellent analytical skills and attention to detail to manage large amounts of data.
Must be able to effectively handle multiple projects simultaneously in a deadline driven environment.
Demonstrate focus on innovation and continuous improvement is required.
The characteristics listed herein describe the work environment the employee encounters while performing the essential functions of this employment position. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS. While performing the duties of this employment position, the employee:
Works in an office environment primarily.
Works in a power plant or coal mine office environment occasionally.
Exposed to a quiet to moderately noisy environment primarily; exposed to industrial safety hazards (rarely).
Occasional business travel.
Prairie State offers attractive Medical, Dental, Vision Insurance, and Prescription Drug Coverage; Company contributions to Health Savings Accounts; Basic Life Insurance, AD&D, STD and LTD; 401K with Company match; 8 paid holidays; generous PTO benefits; and tuition reimbursement.
The Prairie State Energy Campus is setting a new standard for clean coal production. Our state-of-the-art energy campus uses modern technology to produce cleaner, baseload electricity for our member communities. That’s because we’re owned by non-profit municipal utilities and electric cooperatives, so our mission isn’t to serve shareholders—it’s to create a sustainable, secure energy future for the millions of families we serve.