Accounting Analyst – Materials & Supplies Accounting

Job Description

Accounting Analyst I/II – Materials & Supplies Accounting | Duke Energy Corporation

The Tone:
This is a hybrid role at Duke Energy Corporation, with work performed from both remote and onsite locations after onboarding. Duke Energy is a leading energy company dedicated to making a difference in millions of people’s lives every day. This position is vital to ensuring accurate and timely inventory accounting, upholding GAAP, FERC requirements, company policy, and internal controls for materials and supplies across the organization.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid

• Team: Materials & Supplies Accounting within the Controller’s Department
• Mission: Supports accurate and timely inventory accounting in accordance with GAAP, FERC requirements, company policy, and internal controls.
• Tech Stack: IBM Maximo, PeopleSoft, Excel, Power BI, Word, PowerPoint, Teams

What You’ll Actually Do
• Prepare: Produce recurring materials and supplies accounting deliverables, including journal entries, account reconciliations, supporting schedules, and variance analyses.
• Review: Examine inventory balances, transactions, adjustments, and operational data for completeness and reasonableness, researching routine differences and coordinating corrections with guidance.
• Support: Contribute to monthly, quarterly, and year-end close activities by completing assigned tasks accurately, maintaining appropriate support, and adhering to established deadlines.
• Assist: Aid in physical inventory and cycle count accounting activities, including organizing count support, reviewing results, preparing adjustments, and maintaining documentation.
• Document: Prepare information and supporting documentation for internal and external audits, regulatory data requests, and management inquiries.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, Economics, or another closely related discipline.
• Experience: One (1) year or more of increasingly diverse or complex experience in a related field. For an Accounting Analyst II, two (2) years or more of such experience is required, coupled with comprehensive knowledge of accounting and finance principles, practices, and procedures, and experience with financial applications and query or reporting tools.
• Skills: Proficient using Microsoft products such as Excel, Word, PowerPoint, and Teams. Fundamental knowledge of GAAP, accounting controls, account reconciliation, and financial close processes. Strong analytical, problem-solving, and data organization skills, with effective written and oral communication.
• Bonus: Graduate degree in Accounting, Business, or a related field; CPA or CPA candidate; previous experience in utility, inventory, materials and supplies, cost, or regulatory accounting; experience with IBM Maximo, PeopleSoft, or Power BI.