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Job Title: Sr Regulatory Accountant
Company Name: NextEra Energy
Location: Miami, FL United States
Position Type: Full Time
Post Date: 12/22/2017
Expire Date: 01/25/2018
Job Categories: Accounting/Auditing, Finance/Economics, Financial Services, Information Technology, Legal, Retail/Wholesale, Executive Management, Energy / Utilities
Job Description
Sr Regulatory Accountant
Sr Regulatory Accountant Date:Dec 21, 2017 Primary Location:Miami, FL, US, 33174 Company:NextEra Energy Requisition ID: 19452 Our reliability is one of the best in the nation, and we’re working to make it even better. We live here too. That’s why we’re committed to making Florida a better place. Join our team today Position Specific Description NextEra Energy Inc. and Florida Power and Light are seeking a Sr. Accountant at the corporate headquarters in Juno Beach or at our General Office in Miami. In this role you will report to the Sr. Manager, Regulatory Accounting. You will add value by understanding and applying Florida Public Service Commission (FPSC) and Federal Energy Regulatory Commission rules, practices, and regulatory principles in determining appropriate regulatory treatment and accounting for FPL’s cost recovery clauses. You will be charged with making monthly accounting entries, preparing monthly variance reports, providing support during regulatory cost recovery clause proceedings, and direct interaction with FPSC auditors on clause audits. Specific Responsibilities Include: 1. Responsible for understanding and accurately applying Florida Public Service Commission and Federal Energy Regulatory Commission specific rules and regulatory principles in determining proper regulatory treatment of FPL’s cost recovery clauses. 2. Interact with various departments within FPL to ensure amounts recorded in the cost recovery clauses are accurately and appropriately reported. 3. Provide guidance to other departments within FPL to assist them in making decisions that support proper cost recovery clause accounting and reporting. 4. Responsible for the monthly preparation of journal entries related to over/under calculations of FPL’s retail cost recovery clauses and wholesale fuel adjustment clauses. 5. Responsible for monthly preparation of cost recovery clause variance reporting. 6. Preparation of over/under cost recovery schedules to be included in annual cost recovery clause filings with the FPSC. 7. Responsible for direct communication with FPSC Staff auditors at the Miami Office location. 8. Responsible for coordination and/or preparation of FPSC Staff cost recovery clause audit requests. 9. Responsible for coordination and/or preparation of responses to discovery posed by the FPSC and parties that have been granted intervention to cost recovery clause proceedings. 10. Maintain monthly and year-end close and financial reporting checklists to ensure accurate, timely completion of all close and filing related activities. 11. Prepare Account Reconciliations for Clause accounts before month end. 12. Interface with Deloitte and Internal Auditors on all monthly clause true-up calculations, journal entry or reconciliation related issues. 13. Recommend appropriate accounting for various transactions in accordance with GAAP, FERC and FPSC guidelines. 14. Ensure proper treatment of recoverable costs throughout the financial reporting process. 15. Assist in docket related activities on an as needed basis. 16. Maintain and update all cost recovery accounting control procedures and SOX to ensure compliance Preferred Qualifications: 1. Public Utility experience is highly desirable 2. Proficient in Microsoft Excel 3. Excellent analytical and problem solving skills 4. Excellent written and oral communication skills 5. Proficient process/project management skills 6. Strong organizational skills 7. Ability to collaborate effectively with business unit personnel to resolve outstanding issues as it relates to cost recovery clause accounting Your future is at your fingertips - click Apply now! Job Overview Employees in this job take the lead role in special projects, including researching, analyzing and reporting on issues that affect the company, making recommendations for solutions, and following through to resolution. Job Duties & Responsibilities • Prepares financial reports that are in compliance with GAAP, in a timely manner, to accurately reflect the financial status of the company • Maintains a good understanding of, and applies, GAAP, SEC regulations, and relative company policies, practices and procedures • Assures accounting integrity of corporate financial data through the implementation of appropriate internal controls • Prepares schedules and journal entries • Provides guidance and direction to other team members • Performs other job-related duties as assigned Required Qualifications • High School Grad / GED • Bachelor's - Accounting / Finance • Experience:5+ years Preferred Qualifications • Certified Public Accountant (CPA) • Master's - Business Administration • Master's - Accounting / Finance Employee Group: Exempt Employee Type: Full Time Job Category: Finance, Accounting & Business Analytics Organization: Florida Power & Light Company (0001) Location: Miami, Florida Other Work Locations: Florida Relocation Provided: Yes, if applicable NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace. If you require special support or accommodation while seeking employment with NextEra Energy, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748 (Option 1, Press 6) between 8 a.m. and 5 p.m. EST Monday-Friday. Please do not use this line to inquire about your application status. NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. #LI-AM1 Nearest Major Market:Miami
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Company Name: NextEra Energy
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