Senior Accounting Analyst - Materials & Supplies Accounting

More than a career - a chance to make a difference in people's lives. Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits. Job Summary Materials & Supplies Accounting is within the Controller's Department and provides accounting, financial analysis, reporting, and control support for inventory and related materials and supplies activities across Duke Energy. The Senior Accounting Analyst applies strong technical accounting knowledge, research capabilities, and sound judgment to help ensure accurate inventory accounting and compliance with GAAP, FERC, company policy, and internal control requirements. This role performs complex analysis, account reconciliations, and research related to inventory balances, transactions, reserves, and operational activity. The position partners with Supply Chain, Operations, Finance, internal and external auditors, regulatory teams, and other stakeholders to resolve issues, respond to data requests, support financial reporting, and clearly communicate results and recommendations to management. This is the fourth level of the financial analysis classification hierarchy. Progression to this level is typically restricted based on business need. Employees at this level work independently and receive minimal guidance. Incumbents are required to have in-depth knowledge and experience, solve complex problems, and act as a resource for less experienced employees. Responsibilities Perform complex materials and supplies accounting and analysis, including review of inventory balances, transactions, valuation, reserves, adjustments, and other activity to support accurate and timely financial reporting. Ensure inventory-related accounting is performed in accordance with GAAP, FERC requirements, company policies, and internal controls, while meeting monthly, quarterly, and year-end close deadlines. Prepare and review journal entries, account reconciliations, variance analyses, and management reporting; research unusual items and coordinate timely resolution of reconciling differences. Analyze inventory data and operational trends to identify risks, anomalies, root causes, and opportunities to improve accounting accuracy, controls, and business processes. Support accounting for excess, obsolete, slow-moving, damaged, or otherwise impaired materials and supplies, including analysis, documentation, and coordination with business partners. Partner cross-functionally with Supply Chain, Operations, Finance, Tax, Rates & Regulatory, internal and external auditors, and other stakeholders to resolve issues and promote consistent accounting treatment. Respond to audit, regulatory, and management data requests by researching source information, preparing clear supporting documentation, and communicating conclusions in a concise and timely manner. Use financial and inventory systems, including IBM Maximo and PeopleSoft, along with advanced Excel and data analytics tools, to extract, validate, reconcile, and present information. Drive continuous process improvement and automation by identifying control gaps, reducing manual effort and redundancies, improving documentation, and implementing sustainable solutions. Manage multiple priorities and projects in a fast-paced environment, proactively communicate status and risks, and elevate issues as appropriate. Contribute to a collaborative, high-performing team by sharing knowledge, supporting teammates, providing guidance to less experienced employees, and serving as a thought partner on complex accounting matters. Basic/Required Qualifications Bachelor's degree in Accounting, Finance, Economics, or another closely related discipline Three (3) years or more of increasingly diverse or complex experience in a related field in addition to degree Possesses and applies comprehensive and strategic knowledge of accounting and finance principles, practices, and procedures to complete complex assignments Experience with financial systems and advanced Microsoft Office product skills, including Word, Excel, PowerPoint, Copilot, and Power BI Desired Qualifications Six (6) or more years of increasingly diverse or complex experience in a related field in addition to degree CPA or CPA candidate Graduate degree in Accounting, Business, or a related field Previous experience in utility, inventory, materials and supplies, cost, or regulatory accounting Knowledge of GAAP and FERC accounting requirements applicable to utility inventory and materials and supplies Experience with IBM Maximo, PeopleSoft, Power BI, or other inventory, reporting, or data analytics tools Experience with inventory reconciliations, physical inventory or cycle counts, inventory valuation, excess and obsolete inventory analysis, or internal controls Effective written and oral communication, collaboration, and stakeholder management skills Advanced analytical and critical thinking skills, including the ability to work with and interpret large data sets Demonstrated ability to work independently, manage competing priorities, and adhere to strict deadlines and schedules Demonstrated ability to work in a team environment and foster productive relationships with teammates and business partners Highly organized with strong attention to detail and the ability to efficiently manage multiple assignments Working Conditions Hybrid Mobility Classification - Work will be performed from both remote and onsite locations after the onboarding period. Hybrid employees should live within a reasonable daily commute to a Duke Energy facility. Some overtime is likely to occur but is intended to be infrequent and align with peak workloads during monthly, quarterly, and year-end close periods, audits, physical inventory activities, or other critical deadlines. Specific Requirements Must have 3+ years (6+ desired) of increasingly diverse or complex experience in a related field in addition to degree Years of prior equivalent work-related experience in lieu of a degree is N/A unless grandfathered in and requires CFO Staff approval. Travel Requirements 5-15% Relocation Assistance Provided (as applicable) No Represented/Union Position No Visa Sponsored Position No. This is not a Visa Sponsored Position. This role requires the ability to work lawfully in the U.S. without employment-based immigration sponsorship, now or in the future. Please note that in order to be considered for this position, you must possess all of the basic/required qualifications. Privacy Do Not Sell My Personal Information (CA) Terms of Use Accessibility #J-18808-Ljbffr Duke Energy Corporation