Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
PRIMARY PURPOSE OF POSITION
Leads the development of all SEC quarterly and annual financial reports. Ensures effective disclosure controls and effective internal controls over financial reporting. Ensures the complete, accurate and timely submission of all external financial reporting information to the SEC. Interprets FASB/GAAP and SEC guidance to determine their impact on financial reporting matters. Manages a team of capable, high-performing accounting professionals.
Primary Duties
PRIMARY DUTIES AND ACCOUNTABILITIES
•Active leader in the Exelon's controllership community, as well as the overall finance community. (15%)
•Manages the development of all SEC, FERC and state quarterly and annual financial reports. (15%)
•Manages the internal financial reporting process and historical analyses of results of operations. (10%)
•Main point of contact with the Business Unit internal reporting teams. (15%)
•Liaison with external auditors, external and internal legal counsel and other external reporting contributors. (15%)
•Interprets new technical guidance (FASB/GAAP, SEC, etc.) and other regulatory pronouncements and determines the impact on Exelon financial reporting. (25%)
•Works with Internal Audit and Manager of Accounting to ensure effective disclosure controls and effective internal controls over financial reporting. (5%)
Job Scope
JOB SCOPE
•Manages day-to-day operations for External Financial Reporting.
•Manages month-end and quarter-end close process for internal and external financial reporting.
•Manages team and provides timely and accurate feedback regarding performance. Identifies opportunities for growth learning and career development of team members.
•Manages certain FERC and state reporting requirements.
•Ability to work up, down and across the organization.
•Ability to manage multiple concurrent objectives, projects, groups and activities.
•Sets appropriate priorities in context of critical goals/objectives.
•Understands the business from an internal and external perspective.
•Ability to make timely, high quality decisions.
•Ability to deal comfortably with senior management.
•Position, at times, may require overtime, weekend work and limited travel.
Minimum Qualifications
MINIMUM QUALIFICATIONS
•Bachelor's degree in Accounting or equivalent and a CPA
•At least 10 years of related experience, including at least 3 years in management with demonstrated success leading a subordinate staff
•Demonstrated technical knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP, SEC and SOX compliance
•Understands requirements for documentation in work papers, disclosures and memos; demonstrated ability to document a broad range of technical issues and disclosure matters
•Demonstrated successful problem solving and analytical ability; good judgment and risk assessment capabilities
•Demonstrated success setting best practices, guidelines and processes, and implementing them across the organization
•Demonstrated successful use of technology to improve process efficiency
•Strong leadership, management, teamwork and communication and presentation skills
•Demonstrated ability to manage multiple concurrent objectives, projects, groups and activities while maintaining proper focus on major tactical and strategic initiatives.
•Demonstrated ability to lead a group with divergent opinions to a consensus view and to influence without direct authority
Preferred Qualifications
PREFERRED QUALIFICATIONS
•MBA with a concentration in Accounting or Finance
•Regulated company/utility experience, derivative accounting experience, Big 4 public accounting experience
Benefits
Benefits
•Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $135,200.00/Yr. – $185,900.00/Yr. plus an additional $25K in Long Term Incentive Plan annually.
•Annual Bonus for eligible positions: 25%
•401(k) match and annual company contribution
•Medical, dental and vision insurance
•Life and disability insurance
•Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
•Employee Assistance Program and resources for mental and emotional support
•Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
Chicago, IL
Full-time
