Staff Accountant, Benefits Accounting

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Location: CHICAGO, IL, United States
Organization: Exelon Business Servcs Co, LLC
Job ID: 230717
Date Posted: Oct 4, 2021
Job: Accounting & Finance

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Job Description



At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!



Perform a variety of accounting assignments within the Benefits Accounting team.  Record and report financial transactions, reconcile accounts and ensure compliance with Sarbanes-Oxley control requirements.  Produce accurate and timely financial statements as needed, including, benefit plan based financial statements.  Participate, as needed, in the planning and analysis function for the pension and OPEB plans in coordination with the actuary and FP&A.  Maintain and identify opportunities to enhance internal controls and support regulatory compliance and business planning by performing analyses.  Work closely with other departments and business units regarding benefit accounting activities.

1. Support and participate in the monthly financial statement close process for the Benefits Accounting team, ensuring that all financial transactions are recorded accurately and timely as well as analyzing and reviewing benefit related account activity and variances.  Consult and liaise with operating unit finance personnel on accounting issues.
2. Prepare, review and analyze account reconciliations for pension, OPEB and health and welfare accounts.  Ensure compliance with Sarbanes-Oxley control requirements.
3. Assist with the monthly reporting packages for benefit specific items, including analysis of current actual results to prior period actual results for use in internal and external reporting.  Assists in the accounting, analysis and budgeting of various benefit related accounts in coordination with FP&A.
4. Interact with internal and external auditors, Controller’s Group and Business Units as required to accomplish goals.
5. Assist, as needed, in special projects and the implementation of changes in FASB/GAAP.



  • Bachelor’s degree in Accounting or equivalent
  • At least 2 years of related experience
  • Demonstrated technical knowledge and understanding of Accounting theory, principles, practices and regulations including FASB/GAAP and SOX compliance
  • Understands requirements for documentation in work papers, disclosures and memos; demonstrated ability to document a broad range of technical issues
  • Demonstrated successful use of technology to improve process efficiency
  • Effective teambuilding and leaderships skills
  • Demonstrated project management skills
  • Commitment to highest standards of quality and integrity
  • Exude a high degree of professionalism and treats others with respect

  • MBA with a concentration in Accounting or Finance
  • CPA
  • Public accounting experience
  • Regulatory/utility/FERC/SEC reporting or energy industry experience

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

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