Corporate Accounting Analyst

Job Description

About the Company

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.

About the Job

The Corporate Accounting Analyst is responsible for providing professional accounting expertise to ensure that holding company, shared service, and intercompany transactions are analyzed, recorded, and reported accurately and in a timely manner in accordance with Generally Accepted Accounting Principles (GAAP).

The company offers hybrid schedules (option of 2 days a week remote), excellent benefits, and “Dress for your Day,” which gives employees discretion to select appropriate attire depending on the business activities of each workday.

Essential Functions

• Reviews debt terms, invoices, and other documents to determine appropriate accounting treatment.
• Utilizes Excel to calculate amortization schedules, payment schedules, and accruals.
• Posts journal entries after determining compliance with GAAP, policies, and other requirements.
• Prepares variance and other analyses, making inferences about underlying transactions based on the series of debits and credits.
• Interacts with and prepares schedules for internal and external auditors and those responsible for SEC filings, rate cases, and regulatory filings.
• Supports journal entries, account reconciliations, analyses, and schedules with sufficient, relevant, well-organized documentation, including clear, accurate, meaningful text descriptions.
• Participates on cross functional project teams as the need arises related to the design, development, testing and implementation of automated systems, reengineering of processes, and/or implementation of new requirements.
• Assists with Sarbanes-Oxley (SOX) compliance including control documentation.
• Develops and maintains strong working relationships with various areas of the Company.
• Learns, applies knowledge of, and advises others on processes, procedures, and accounting policies.
• Ensures proper retention of records.
• Other duties as assigned by Management.

Education and Experience

• Bachelor’s degree required, Master’s degree preferred, in either:
• Accounting
• Another business related area with at least twenty-seven (27) hours of upper-level accounting coursework
• Minimum of two (2) years of full-time accounting or financial experience.
• Intermediate to advanced Microsoft Excel skills.

A bonus to have

• CPA
• SAP experience
• Blackline experience
• Experience with ASC 980
• Experience with the FERC Uniform System of Accounts

What we bring to you

• Competitive pay
• Paid training
• Benefits eligibility begins on your first day
• Transit subsidies
• Flexible work schedule, paid holidays and paid time off
• Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
• Professional growth and development programs including tuition reimbursement
• 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution