Accountant

Reposted 2 Days Ago
Be an Early Applicant
Austin, TX, USA
Hybrid
74K-102K Annually
Entry level
Utilities
The Role
Prepare, examine, and analyze accounting records and financial statements. Reconcile general ledger accounts, generate standard reports, assist month-end and year-end close, support audits, maintain accounting controls, and contribute to system upgrades. Higher levels handle complex accounting issues, mentor junior staff, and take leading roles in audits and system conversions.
Summary Generated by Built In

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.

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 research 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 & 3 - 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 conduct 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

REQUIRED EXPERIENCE

  • Level 1: No minimum work experience required
  • Level 2: Requires minimum 2 years job related work experience in excess of degree requirements
  • Level 3: Requires minimum 3 years job related work experience in excess of degree requirements

Salary and level will be based on overall experience as determined by ERCOT.

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)

WORK LOCATION – Austin, TX:

  • Employees will be required to be on-site in Austin, TX at a minimum of 2 days per week, or more, as needed based on the business needs as determined by management
  • Remote work is required to be performed from your Texas residence.  
  • Employees may opt to work on-site more than required or 100% of the time

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. #LI-Hybrid

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:

$74,000 - $102,000

Skills Required

  • Bachelor's degree in Accounting, Finance, or related field (or equivalent combination of education and experience)
  • Knowledge and application of Generally Accepted Accounting Principles (GAAP) and regulatory requirements
  • Ability to prepare and analyze financial statements, balance sheets, and profit and loss statements
  • Experience reconciling general ledger accounts and researching reconciling items
  • Proficient user of client-server financial systems, spreadsheet programs, and database programs
  • Minimum experience by level: Level 1: no minimum; Level 2: 2 years job-related experience; Level 3: 3 years job-related experience
  • CPA (Certified Public Accountant)
  • Ability to work on-site in Austin, TX a minimum of 2 days per week and perform remote work from a Texas residence
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The Company
HQ: Austin, TX
995 Employees

What We Do

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 27 million Texas customers - representing about 90 percent of the state's electric load. As the independent system operator (ISO) for the region, ERCOT schedules power on an electric grid that connects more than 54,100 miles of transmission lines and 1,250+ generation units, including Private Use Networks. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 8 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. ERCOT's members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipal-owned electric utilities.

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