ERCOT/Electric Reliability Council of Texas

Accountant 2

LocationAustin, TX
Job TypeFull-time
Salary$68,471-$112,954

About This Job

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.


JOB SUMMARY

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.


JOB DUTIES

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.


ADDITIONAL JOB DUTIES


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 researches 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 - 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 conducts 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


EXPERIENCE

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


EDUCATION

Bachelor's Degree : Accounting, Finance or related field (Required)
or a combination of education and experience that provides equivalent knowledge to a major in such fields is required


CERTIFICATION

CPA Certified Public Accountant (Preferred)

The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time.

ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.


Expected Salary Range:


$68,471 - $112,954

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