Manager, Regulatory Accounting

Are you ready to be part of a company that’s not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that’s leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you’re joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement’s goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you’re ready to be part of a company that’s not just adapting to change, but driving it, AES is the place for you. We’re not just building a cleaner, more sustainable future – we’re powering it. Apply now and energize your career with a true leader in the global energy transformation.

POSITION SCOPE

Primary purpose of the position is to prepare and review accounting and regulatory filings and supporting documentation to verify adherence to established policies and procedures with minimal supervision. This individual will prepare and review journal entries, account reconciliations, financial reporting information, and various regulatory filings in adherence with company policies and control procedures. Candidate will also help to oversee regulatory accounting compliance with the relevant State Commission Orders and the Federal Energy Regulatory Commission as well as GAAP. The individual will also prepare Excel schedules and written testimony to be included in ratemaking filings and serve as an expert accounting witness for AES Indiana and AES Ohio. The job works closely with other groups within the Finance Department and other departments within AES, such as Regulatory Affairs, Legal, and Operations. This individual will be required to coordinate both month-end and periodic activities.

PRIMARY RESPONSIBILITIES

• Records, classifies and summarizes financial transactions in accordance with Generally Accepted Accounting Principles and the FERC code of Federal Regulations, i.e. journal entries and reconciliation reports
• Reviews the work of others and provides training and other professional guidance to team members
• Plans, organizes and prioritizes work assignments to meet required deadlines
• Develops, prepares, audits and reviews reports and testimony on a regular monthly, quarterly and/or annual basis
• Analyzes, reconciles and evaluates the accuracy of general ledger accounting details and ensures the amounts are proper and classified correctly
• Monitors and ensures compliance with AES policies, internal controls and corporate policies
• Research and analyze the impact of new or revised accounting standards and regulations on accounting and financial reporting
• Reviews the work of others to constructively offer tips for improvement and for accuracy and control adherence
• Provides mentoring, training and other professional guidance to team members
• Works closely with department director to strategize personnel, accounting, reporting and regulatory decisions
• Coordinate with internal and external auditors and respond to their inquiries

BASIC REQUIREMENTS

• Bachelor’s degree in accounting from an accredited college and/or university
• At least seven years of accounting experience
• In-depth knowledge of US GAAP
• US utility regulatory accounting experience
• Familiarity with the FERC Uniform System of Accounts
• Strong Computer Skills
• Exceptional organizational, analytical, oral and written communication skills
• Results oriented, self-motivated, and able to work with limited direct supervision

PREFERRED SKILLS

• CPA or Association of Chartered Certified Accountants preferred

• Leadership experience

• Performance as a Witness in a Ratemaking Proceeding
• Working knowledge of SAP

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee’s I-9 to confirm work authorization.