Accountant, Accounting Manager, Financial Reporting

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.

ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.

Prepares, examines, or analyzes accounting records and financial statements. Analyzes and reports on business operations, trends, costs, revenues, financial commitments, and obligations. Establishes, maintains and coordinates accounting and accounting control policies and procedures.

• Understands the basic principles, theories and concepts related to the profession and learns how to apply them within the ERCOT culture.
• Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained.
• Contributes to specific objectives and outcomes as directed.

Level 1

• Performs all work according to applicable rules and regulations including Generally Accepted Accounting Principles (GAAP), regulatory requirements, and organization policies and procedures
• Assists in maintaining and coordinating accounting control policies and procedures
• Generates timely standard reports such as balance sheets and profit and loss statements
• Assists with the monthly and annual close process by completing assigned accounting functions and making appropriate and accurate journal entries
• Reconciles general ledger accounts in a timely manner and research and reports material reconciling issues to management
• May perform various accounting functions such as fixed assets, inventory, accounts payable, accounts receivable, and billing
• Assists with periodic internal and external audits including the annual external audit of ERCOT financial statements
• Contributes to accounting system maintenance, upgrade and conversion efforts
• Maintains regular communication with the management team, providing relevant fiscal information to ensure compliance with all applicable requirements

Level 2 & 3 - Above +

• Works on moderately complex accounting issues where analysis of situations requires an in-depth evaluation of variable factors
• Trains and mentors less experience co-workers assigned by Lead
• Takes a significant role in preparing for ERCOT's annual financial audit
• Ensures accurate data in closing the general ledger and subsystems each month and in producing accounting reports for management
• Demonstrates skills as a proficient user of client server financial systems, spreadsheet programs, and database programs
• Reviews, records, analyzes, and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy, appropriateness and reasonableness
• Reviews account reconciliations and periodically conduct audits
• Conducts research and provides accounting guidance related to proposed transactions to ensure appropriate treatment
• Key contributor to accounting system upgrades and conversion efforts and maintains relationship with information technology staff
• Maintains regular communication with the management team, providing relevant fiscal information to ensure compliance with all applicable requirements
• Builds strong professional relationships both internally and externally

• Level 1:
  No minimum work experience required
• Level 2:
  Requires minimum 2 years job related work experience in excess of degree requirements
• Level 3:
  Requires minimum 3 years job related work experience in excess of degree requirements

Salary and level will be based on overall experience as determined by ERCOT.