Regulated Corporate Accounting Principal Accountant

Requisition ID:  79305 

Florida Power & Light Company is America’s largest electric company, providing clean, affordable, and reliable electricity to more than 12 million people in Florida. We operate one of the cleanest power generation fleets in the U.S. and our reliability is among the best in the nation. Our goal is to achieve Real Zero carbon emissions from our operations by 2045 by expanding our solar capacity, increasing battery storage and bringing new renewable energy opportunities to Florida, while improving customer affordability and reliability. Are you interested in becoming a game-changer in the energy industry?  Join our world-class team today! 

 

Position Specific Description

In this role, you will report to the Regulatory Corporate Accounting Senior Manager and focus mainly on Corporate Accounting related activities for Florida Power & Light (FPL) and its subsidiary entities, including support of monthly closes, reporting (management, GAAP, and regulatory), audits (regulatory and SEC), and rate cases. This position will also have opportunities for involvement in the team’s process improvement initiatives.

 

Key Responsibilities:

• Develop a solid understanding of regulatory accounting and the CFR (Code of Federal Regulations) rules over electric utilities. Keep abreast of and apply GAAP, SEC, and regulatory requirements and company-specific policies, practices, and procedures.
• Approve monthly journal entries related to the regulated entities (primarily Florida Power & Light and subsidiaries) prepared by team members.
• Approve account reconciliations for assigned accounts prepared by team members, while also assisting with the migration of many account reconciliations to an outsourced provider.
• Prepare various reports related to the Company’s regulated operations including coordination with personnel in other departments who are providing explanations.
• Proactive customer focus that identifies problems quickly, applies thorough analysis, and delivers accurate solutions to achieve high customer satisfaction.
• Pursue continuous improvements of team’s processes, combining business acumen with process improvement techniques to achieve better work processes and efficiencies across the team.
• Research accounting guidance, as needed, to determine appropriate accounting treatment and communicate thoughts effectively to others
• Directs, mentors and coaches other team members in their technical and interpersonal skill development
• Ability to work extended hours when necessary (during close periods, significant/unusual transactions, etc.).
• Performs other job-related duties as assigned.
   

The ideal candidate will have:

• Proficient critical-thinking and problem-solving capabilities
• Sound decision-making skills, including the ability to have and communicate a valid position on an issue
• Strong project management and leadership skills
• Excellent communication skills, including ability to influence others at all levels of the enterprise
• Strong attention to detail
• Intermediate to advanced proficiency with Microsoft Office Suite
• Intermediate knowledge over NEE’s Master Data processes to enable assistance of the business units with the creation or mapping of master data, as needed.

Job Overview

Employees in this role develop accounting policy through analysis of GAAP and business practices. Ensures accounting treatment is practical, cost-beneficial and accurately portrays the economic substance of business transactions.

Job Duties & Responsibilities

•   Analyzes proposed transactions for structure and proper accounting treatment under authoritative accounting literature
•   Reviews changes in technical accounting literature, develops positions and present to management
•   Maintains awareness of accounting issues being considered by regulatory bodies and advises management of important matters
•   Ensures consistent application of accounting policies
•   Performs other job-related duties as assigned

Required Qualifications

•  Bachelor's - Accounting / Finance / Business
•  Experience: 6+ years

Preferred Qualifications

•  Certified Public Accountant (CPA)
•  Master's - Business Administration
•  Master's - Accounting / Finance
•  Certified Management Accountant (CMA)

 

Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  Florida Power & Light Company 
Relocation Provided:  No

 

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color,