•PPL Services Corporation
Job Description
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
Manage and direct employees, who are responsible to lead efforts for ensuring that the cash transaction activities of the corporation are authorized, performed accurately, fulfill timeliness requirements and are generally controlled to fulfill safeguarding of asset control objectives around cash. This position is also responsible for communicating and educating business line and service group users of cash transaction services on accounts payable, cash disbursement, accounts receivable and cash receipt policies and practices for ensuring timely, effective and well controlled completion of cash transactions. Also responsible to ensure all cash transactions comply with all external regulatory and reporting requirements.
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Responsibilities
•Supervise, direct, develop and motivate cash operations staff responsible for providing oversight to ensure that cash is well controlled for the payable, receivable and cash operational processing functions of the corporation (cash receipts and cash disbursements).
•Provide business direction to cash operations staff responsible for educating and training business line and service group internal customers on cash operations policies and practices to ensure timely and effective processing cash transactions (cash receipts and cash disbursements).
•Provide control expertise, advice and guidance to cash operations functions on effective control techniques to help ensure the implementation of effective controls around cash transactions.
•Oversee the design and performance of cash control monitoring and fraud detection tests to help ensure the integrity of PPL's cash transaction processing.
•Participate on Cash Operations and corporate teams to improve workgroup, department and corporate processes and systems affecting cash operations.
•Ensure corporate and departmental practices, policies and systems satisfy Company needs and external regulatory and reporting requirements related to the cash activities of the Corporation.
•Research and analyze complex reconciliation and other problems and issues, such as payment variances, software application and system processes and errors, etc., and recommend appropriate courses of action.
•Interface with internal and external auditors concerning the cash controls of the Corporation, including ensuring that SOX 404 requirements related to cash transactions are fulfilled.
•If applicable, in-person supervision of employees to ensure compliance with FLSA wage and hour issues as well as to monitor compliance with safety rules.
•Physical presence in the office/on-site to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
Qualifications
Basic Qualifications
•Bachelor’s Degree in Business or Finance
•3+ years financial experience with progression in responsibility
•Strong goal/results-oriented and continuous improvement attitude with a creative approach to solving complex problems.
•Demonstrated understanding of cash transaction rules, processes and systems.
•Demonstrated theoretical and applied understanding of effective control models, especially related to the safeguarding and controlling of cash
•Proven understanding of accounting principles, concepts and practices
Preferred Qualifications
•Professional Certification (CPA, CTP, CFA)
Full timeAllentown, PA29 days ago
$58,240-$58,240Middletown, PA8 days ago
