PPL Corporation

Mgr Fin Bus Ptr-Trans & GasOps

PPL Corporation$90K — $120K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, management, economics, marketing, or related field.
  • Minimum of seven years in financial forecasting, budgeting, accounting, tax, or treasury.
  • Experience with capital and operational budgeting across utility sectors.
  • Proficient in financial data analysis and reporting compliance.
  • Advanced degree, CGMA or CPA certification preferred.
  • Knowledge of PowerPlan software is advantageous.

Responsibilities

  • Manage and oversee capital and O&M multi-year budgeting and forecasts.
  • Coordinate with management to develop departmental goals and budgets.
  • Analyze budgetary data and perform statistical analyses for departments.
  • Prepare and support rate case filings for regulatory compliance.
  • Compile monthly financial statements for operational reviews and projections.
  • Oversee storm activity accounting and regulatory asset filings.
  • Contribute to cost-saving initiatives and operational efficiency efforts.

Benefits

  • Comprehensive health insurance coverage.
  • 401(k) retirement plan with company matching.
  • Paid time off and holiday leave.
  • Professional development and training opportunities.
  • Employee assistance programs for personal support.
Full Job Description
Overview

PurposeThis position manages the financial activities of Electric Transmission and Gas Operations for LG&E, KU, LG&E and KU Services and LKE consolidated reporting for the entities noted. Responsibilities include being an operational partner for the LKE Electric Transmission and LKE Gas Operations Vice-Presidents including operational services to accomplish budgeting and forecasting. Support the planning and decision-making process of senior management with operational and variance reporting - both consolidated and by utility for LG&E and KU. This manager position is critical in providing support for rate case activities when filing with the Kentucky Public Service Commission (three cases at a time: LG&E Electric, LG&E Gas and KU Electric) and with the Virginia Commission for KU - ODP.

Responsibilities

Core Responsibilities

  • All responsibilities listed are for LG&E, KU, LG&E and KU Services and Consolidated entities.
  • Plan and manage the capital and O&M multi-year budget and monthly forecasts for the Electric Transmission and Gas Operations areas.
  • Working with Vice-Presidents and management teams, coordinate the development of departmental and business line divisional goals, objectives, and operating budgets and forecasts for the lines of business noted.
  • Compile, maintain, and analyze the budgetary and financial data of the business line division or departments within; coordinate the performance of budgetary and statistical analyses.
  • Provide rate case filing schedules and support for LG&E and KU's various regulatory jurisdictions. Additionally, provide support for data requests and testimony related to capital and O&M of supported lines of business.
  • Prepare monthly financial statements with actuals versus budget and forecast for the operational VPs. Work as a business partner with line of business management by attending staff and other meetings to understand projects costs and benchmarking analysis. Prepare updated monthly forecasts capturing material changes as the year progresses.
  • Responsible for the charging of storm activities including O&M/Capital split, along with the regulatory assets associated with large storms. Additional ownership of the accounting for the storms, working with the Rates department to file the regulatory asset with the KPSC for both LG&E and KU and the follow up pursuit of cost recovery with data requests.
  • Manage the budget/forecast for the LG&E Gas Line Tracker (GLT) mechanism and the Gas Supply Cost (GSC) mechanism programs, along with providing information for all regulatory filings associated with the mechanisms with the Kentucky commission.
  • Support TMO/cost cutting initiatives as requested by initiative owners. Continue to assist line of business management on quest to operate as efficiently as possible and to strive for top quartile performance.
  • Review documentation for the Capital and O&M RAC committees and assist line of business management in preparing investment papers and cost evaluation models to support capital projects.
  • Utilize Oracle and PowerPlan in preparing budget vs. actual analyses and forecast performance for business lines by Company.
  • Record PPL Services intercompany charges impacting Electric Transmission and Gas Operations and investigate charges and allocations that are questionable.
  • Develop the labor budget and monthly forecast for all lines of business supported for LG&E, KU and LG&E and KU Services including the labor allocated to capital projects, labor allocated to local engineering and labor allocated to O&M.
  • Responsible for recording manual accruals for lines of business noted during the accounting close.
  • Uphold good interpersonal skills for continuous interaction with all levels of management.
  • Identify opportunities for improvement, including reviewing assigned tasks to ensure efficiency and cost effectiveness.
  • Provide effective consultation, analysis, and support to management, other departments, auditors, and governmental agencies.
  • Develop staff to maximize their potential within PPL.
  • Performs other duties as assigned by the Director of Financial Planning & Budgeting.

Qualifications

Education/Experience/QualificationsBachelor's degree in accounting, finance, management, economics, marketing or related field and a minimum of seven years of progressive responsibility in the areas of financial forecasting, budgeting, accounting, tax or treasury required

Preferred Qualifications

Advanced degree, CGMA or CPA certification and/or knowledge of PowerPlan

About PPL Corporation

As one of the largest investor-owned companies in the U.S. utility sector, PPL Corporation delivers on its promises to customers, investors, employees and the communities they serve. Their utilities – Western Power Distribution, Louisville Gas and Electric and Kentucky Utilities, and PPL Electric Utilities – provide an outstanding service experience for their customers, consistently ranking among the best in the U.S. and the U.K. Their stable earnings, secure dividend, solid management and high-quality assets represent an excellent low-risk opportunity for those looking to invest in the utility sector. For employees, the PPL family of companies offers the potential to grow in a wide range of exciting career opportunities. They are committed to providing essential energy services in extraordinary ways and they deliver. And they are a positive force in the cities and towns where they do business, providing support for programs that create jobs, donating millions to charitable organizations that improve the quality of life, and encouraging the generosity of employees who volunteer freely to help others.

PPL Corporation Careers

Join the dynamic team at PPL Corporation, a leader in the energy sector, where innovation, leadership, and professional growth are at the forefront of our operations. As one of the most respected companies in the industry, PPL Corporation offers a range of job opportunities designed to empower your career journey and foster a culture of excellence and diversity.

Work You’ll Do

At PPL Corporation, you’ll engage in meaningful work that directly impacts our customers and communities. Our team is committed to sustainable energy solutions and operational excellence, providing a platform for professionals to lead and innovate within the energy sector. Whether you’re interested in engineering, customer service, or corporate roles, PPL Corporation provides a landscape for professional and personal growth.

Explore Career Paths

We offer a variety of career paths, including full-time positions and internships for emerging talent. Our internship programs are a great way to gain hands-on experience and develop essential skills in a supportive environment. Interns at PPL Corporation work on real projects, receive mentorship from experienced leaders, and learn about the energy industry from the inside out.

Professional Development

PPL Corporation is dedicated to the continuous professional development of our team. With access to comprehensive training programs and leadership workshops, employees can expand their skills, engage in diversity training, and advance their careers. Our leadership is committed to nurturing high-potential professionals to innovate and lead in their respective fields.

Benefits and Culture

Choosing a career at PPL Corporation means more than just a job. Our employees enjoy competitive benefits, including health, retirement plans, and flexible working conditions, designed to support a healthy work-life balance. The culture at PPL Corporation is built on collaboration, respect, and inclusivity, ensuring a welcoming environment for all employees.

Join Our Team

If you’re looking to make a difference with your career, consider joining PPL Corporation. Explore our job opportunities and find a position that matches your skills and ambitions. We are continuously hiring talented individuals who are passionate about making an impact and ready to contribute to our success.

Stay Connected

Stay ahead in your career by leveraging our networking opportunities and staying connected with the latest company news. PPL Corporation values continuous learning and offers various resources to keep you informed and engaged in your professional development.

Apply Now

Ready to advance your career at PPL Corporation? Check out our current job openings, prepare your resume, and apply through our careers portal. We look forward to reviewing your application and possibly welcoming you to our team where your career growth can flourish.

PPL Corporation – Powering Your Future with Opportunities for Growth and Innovation.

Join us and be part of a team that values leadership, diversity, and professional excellence.
Learn more about PPL Corporation
Size
5,607 employees
Market Cap
$21.5 billion
Industry
Net Income
$1.4 billion
Founded
1920
5 Year Trend
-5.1%
Revenue
$7.6 billion
NASDAQ

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