Accounting Specialist

TXU Energy   •  

Irving, TX

Industry: Energy & Utilities


5 - 7 years

Posted 43 days ago

Job Description

The Accounting Specialist will use knowledge of generally accepted accounting principles (GAAP) and the energy industry to prepare, review and support a variety of accounting functions in order to maintain an effective accounting program.

Key Roles & Responsibilities Other duties may be assigned. Directly or through others, the incumbent will:

Prepares and reviews journal entries, account reconciliations, financial analysis and settlements.

  • Settle invoices and ensure accurate timely payments
  • Applies appropriate accounting procedures and maintains effective internal controls.
  • Completes accounting activities to maintain the books and records in accordance with GAAP.
  • Prepares and reviews schedules to support the quarterly and annual reporting processes.
  • Participates in new business initiatives and special projects as assigned.
  • Establishes new accounting processes and streamlines existing processes.
  • Uses knowledge of GAAP, company policies and energy industry to develop and prepare Ad-Hoc reports to support one-time and evolving information needs.
  • Participates in training to ensure compliance.

Education, Experience & Skill Requirements:

  • Bachelor’s degree in Accounting/Finance required; Master's degreepreferred.
  • Minimum five (5) years accounting experience
  • Strong knowledge of GAAP.
  • Energy industry experiencepreferred.
  • CPA desirable but not required.
  • Advanced Excel skills and solid functional knowledge of Word and Power Point applications.
  • Excellent financial analysis, problem solving and communication skills.
  • Process improvement oriented.
  • Thorough knowledge and experience with the financial closing process.