Senior Accounting Analyst

CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

Our Vision: 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.

Our Commitment: 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.

Job Summary

Thisposition provides accounting support for the organization to ensure the financial effects of gas purchase operations are accurately recorded, analyzed and reported in a timely manner in accordance with generally accepted accounting principles (GAAP) and in compliance with regulatory, state and federal requirements.

This position is responsible for the preparation and review of the cost of gas recovery journal entries, maintenance and reconciliation of gas storage balances, analysis and reporting of imbalance transactions, asset management agreement transactions, Sox key controls and other general ledger journal entries. This position also performs varied work assignments and will participate in special projects.

Essential Functions

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  Efficientlyand accurately analyze information, collect and cross-reference supporting documentation to prepare monthly cost of gas schedules and journal entries for month end close.

  
  
• Perform monthly analytical review of gas costs by jurisdiction and resolves volume or cost related discrepancies.
• Coordinate and reconcile accounting transactions between affiliate companies.
• Coordinate and reconcile over/under balances with the Rate department in support of jurisdictional rate filings.
• Ensure gas cost recovery methodologies are in compliance with all applicable and current regulatory tariffs.
• Research accounting and regulatory issues as needed.
• Analyze and book imbalance transactions with third-party and affiliate companies.
• Perform materials and supplies inventory (M&S) accounting duties as needed including researching and recommending proper accounting treatment of inventory transactions. Review M&S material spend KPI and book accruals as needed.
• Prepare and maintain Regulatory Commission schedules to be used in annual filing or reporting.
• Analyze monthly gas storage inventory activities and maintain gas storage inventory balances.
• Prepare monthly gas cost over/under journal entries and pertinent reconciliation schedules to ensure proper recovery of cost of gas.
• Coordinate and respond to rate case data requests and provide support to regulatory auditors.
• Lead or assist with preparation of various ad hoc requests and special projects.
• Lead or assist with various cost of gas improvement initiatives.
• Participate in various special projects as assigned by management.
  
  

Education Description

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  Bachelor'sdegree in accounting,finance or business related with over twenty four (24) hours of Accounting from an accredited college or university.

  
  
• Professionalcertification such as a CPA or a master's degree is desirable.
  
  

Experience

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  Aminimum of five (5) years experience in the natural gas industry with either Auditing, financial accounting, regulatory accounting and/or gas accounting.

  
  
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  Experience in the Gas Cost Accounting or Financial Accounting Department of a local distribution company (LDC) is desirable.

  
  

We want you to know

Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together.

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

Job Type:Full Time

Posting Start Date: 04/10/2025

Posting End Date: 04/24/2025

This contractor and subcontractor shall abide by the requirements of 41 CFR * 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.

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