Accounting Lead

Company Summary Statement

As one of the largest investor‑owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long‑term, sustainable value for our 3.5 million customers, our shareholders and the communities we serve. Our high‑performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation.

PPL’s companies are also addressing challenges head‑on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net‑zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve.

PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

Note:
This is a hybrid position requiring on‑site presence three days per week at one of our local offices, located in Allentown, PA (Lehigh Valley), Louisville, KY, or Providence, RI. #LI-Hy #INDPPL

The position provides overall direction to an accounting team with a customer‑service focus, while ensuring the team's work product is in compliance with applicable public utility accounting regulations (Federal Energy Regulatory Commission (FERC) and appropriate state regulatory commissions), Securities and Exchange Commission (SEC) regulations, Generally Accepted Accounting Principles (GAAP), Sarbanes‑Oxley (SOX) controls, and company policy and procedures. This role is a working supervisor.

Responsibilities of the role include, but are not limited to, corporate accounting, treasury accounting, system administration for Delegation of Authority system (“DOA”), general ledger, and reporting systems; and closing cycle/controls. The position provides formal supervision to the team members including coaching, counseling, personal development, and technical accounting support. In addition to the administrative duties of supervising a work group, the Lead also completes individual technical and business‑related accounting tasks.

• Assists with the monthly close process by reviewing journal entries and account analyses for accuracy and ensures compliance with applicable GAAP, public utility regulatory requirements (FERC and state regulatory commissions), applicable SOX controls and company policy and procedures.
• Oversees the monthly closing cycle, maintains the closing schedule, organizes and runs the closing meetings.
• Supports the preparation and review of the Company's financial statements for the Company Foundations.
• Participates in general ledger maintenance process which includes new account set‑ups and mapping for internal and external reporting, reconciliation between accounting and reporting systems, system closing controls, and administration of account analysis tool.
• Reviews the preparation of indirect intercompany allocations.
• Prioritizes and directs team activities related to treasury accounting, corporate accounting, system administration of general ledger and reporting systems, and closing cycle/controls. Includes assigning and scheduling work duties to meet completion dates while completing direct technical and business‑related accounting tasks.
• Administers and monitors Corporate DOA Policy and system.
• Review, update, and maintain multiple key Accounting policies.
• Supports the Financial Reporting team by providing fluctuation analysis and preparing disclosures on a quarterly basis.
• Provides supporting documentation to comply with audit requests.
• Continuously looks for (and encourages team members to look for) ways to improve processes for greater effectiveness and efficiency.
• Ensures the team actively promotes company initiatives for safety and wellness, customer experience, inclusion, and employee engagement while…