About this role
The Senior Accountant III - Generation Accounting supports financial close, reporting, and analysis for Vistra’s generation assets. The role focuses on US GAAP-compliant monthly close and reporting across multiple generation accounting areas including LTSA, leases, inventory, deferred maintenance, CWIP O&M expenses, nuclear fuel, and ARO.
Key Responsibilities
- Ensure timely and accurate monthly close for generation assets in compliance with US GAAP
- Perform variance and driver analysis vs plan/projection/prior year
- Support generation asset reporting across LTSA, leases, M&S inventory, deferred maintenance, CWIP O&M expenses, nuclear fuel, and ARO
- Collaborate across the company to understand generation project status
- Mentor junior team members and support continuous improvement
Technical Overview
This role centers on month-end close activities and financial reporting/analysis for generation assets using accounting and/or reporting systems. It requires variance analysis to identify key drivers between actual results and plan, along with projection and prior-year comparisons, all under US GAAP and reporting requirements.
Ideal Candidate
The ideal candidate is a senior accounting professional with 3+ years of accounting experience, well-versed in US GAAP monthly close and generation asset reporting. They can handle generation accounting topics such as LTSA, leases, inventory, deferred maintenance, CWIP O&M expenses, nuclear fuel, and ARO, while performing strong variance and driver analysis and collaborating cross-functionally.
Must-Have Skills
Bachelor's degree in AccountingFinanceor related field3+ years of experience in Accounting or related fieldFundamental understanding of the accounting close processExperience with accounting and/or reporting systemsEnsures the monthly close process for Vistra's Generation Assets is timelycomplete and accuratein compliance with US GAAP and other reporting requirements
Nice-to-Have Skills
Experience preferred in the Energy industrybut not requiredprocess improvement oriented
Tools & Platforms
accounting and/or reporting systems
Required Skills
accountingaccounting and/or reporting systemsfinancial analysisproblem solvingcommunication skillsprocess improvement orientedaccounting close processmonthly close process for generation assetsUS GAAPLTSAlong term service agreementsleasesmaterials and supplies (M&S) inventorydeferred maintenanceCWIP operating & maintenance (O&M) expensesnuclear fuelasset retirement obligations (ARO)variance analysiscross-functional collaborationcontinuous improvementmentorship
Hard Skills
accountingaccounting and/or reporting systemsfinancial analysisproblem solvingprocess improvementaccounting close processmonthly close process for generation assetsUS GAAPfinancial reportinglong term service agreements (LTSA)leasesmaterials and supplies (M&S) inventorydeferred maintenanceCWIP operating & maintenance (O&M) expensesnuclear fuelasset retirement obligations (ARO)variance analysiskey drivers of variances between actual results and planprojection vs prior year analysisreport preparation and reviewproject collaboration across the companyreconciliations
Soft Skills
strong communication skillscross-functional collaborationmentorship and guidanceknowledge sharingprocess improvement mindsetattention to accuracy and complianceability to collaborate throughout the company
Keywords for Your Resume
Senior Accountant III-Generation AccountingSenior AccountantGeneration Accountingmonthly close processUS GAAPGAAPLTSAlong term service agreementsleasesmaterials and supplies (M&S) inventorydeferred maintenanceCWIP operating & maintenance (O&M) expensesnuclear fuelasset retirement obligations (ARO)accounting and/or reporting systemsfinancial reportingvariance analysiskey driversactual results and planprojectionprior yearcross-functional teamscontinuous improvementspecial projectsmentorshipjunior team membersSenior Accountant IIIlong term service agreements (LTSA)
Deal Breakers
Must have a Bachelor's degree in Accounting, Finance, or related field, Must have 3+ years of experience in Accounting or related field, Must demonstrate understanding of the accounting close process and US GAAP monthly close requirements
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