What are the responsibilities and job description for the Supervisor Finance position at Rhode Island Energy?
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 shareowners 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.
Overview
Our Treasury Operations department is looking for an organized and self-motivated individual to supervise the company’s cash control functions. The Supervisor must have a thorough understanding of effective control models, specifically related to the safeguarding of cash while operating under the framework of SOX 404 requirements. The successful candidate should have the ability to communicate effectively, both verbally and in writing, possess strong analytical and problem-solving skills, be detail-oriented, and comfortable working in a team environment.
#INDPPL #INDLGE #INDRIE #RIE #PPL #LG&EKU
Responsibilities
Basic Qualifications
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 shareowners 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.
Overview
Our Treasury Operations department is looking for an organized and self-motivated individual to supervise the company’s cash control functions. The Supervisor must have a thorough understanding of effective control models, specifically related to the safeguarding of cash while operating under the framework of SOX 404 requirements. The successful candidate should have the ability to communicate effectively, both verbally and in writing, possess strong analytical and problem-solving skills, be detail-oriented, and comfortable working in a team environment.
#INDPPL #INDLGE #INDRIE #RIE #PPL #LG&EKU
Responsibilities
- Responsible for ensuring all cash receipts and cash disbursements of the corporation are well controlled in accordance with applicable accounting standards.
- Provide oversight for daily cash reconciliation, daily system controls, and monthly bank reconciliations.
- Supervise and direct cash operations staff on a day-to-day basis, ensuring all timelines are met in support of monthly accounting cycles and quarterly reporting deadlines.
- Develop and motivate staff to grow in their individual career path.
- Research and analyze complex reconciliation variances or accounting issues and recommend appropriate courses of action or guidance on correcting entries.
- Manage Treasury financial systems and interfaces to ensure appropriate user access and controlled transfer of data between systems.
- Communicate with internal customers to ensure compliance with cash operations
- Provide expertise and oversee the implementation of effective control models and fraud detection techniques related to the safeguarding and controlling of cash, including bank account validation for customers and vendors.
- Manage reporting to external agencies to ensure compliance with regulatory requirements, including unclaimed property laws and IRS regulations.
- Manage internal reporting to senior management to provide transparency on effectiveness of cash controls.
- Interface with internal and external auditors to ensure that SOX 404 requirements related to cash transactions are
- Assist on special projects and ad hoc analysis, as needed.
- Physical presence in the office to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
Basic Qualifications
- Bachelor’s degree in Accounting, Finance, or related field of study
- At least 5 years of Treasury / Finance experience with progression in responsibility
- Expert knowledge of MS Office (Excel, Word, PowerPoint)
- Strong written and oral communication skills
- Strong analytical and problem-solving skills
- Ability to organize and prioritize multiple tasks under constraints
- Proven understanding of accounting principles, cash transaction rules, financial processes and systems
- MBA or Professional Certification (CPA, CTP, CFA) preferred
