Accounting/Finance Intern - Budgeting

Company Summary Statement

Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 334,000 natural gas and 433,000 electric customers in Louisville and 16 surrounding counties. KU serves 569,000 customers in 77 Kentucky counties and five counties in Virginia. LG&E and KU are major employers and active supporters of the communities they serve. They empower employees, community members and initiatives across their service territory through volunteerism and investments in organizations that support education, sustainability and wellbeing.

Overview

This position is responsible for performing a wide variety of budgetary duties and analyses pertaining to the development of the annual budget process, monthly accounting and forecasting process and monthly analysis/reporting against the budget and forecast. Under the supervision of the manager, Finance and Budgeting and/or Budget Analysts, this position will perform responsibilities to assist employees on tasks necessary to accomplish budget, accounting and reporting functions.

Student must be enrolled full time, pursuing a bachelors degree. This position will be full time (approximately 40 hours per week or close to it) during summers and part-time during spring and fall semesters (approximately 20-25 hours per week, depending on the students class schedule). The Company will be flexible in the part-time work schedule (8am-5pm Monday-Friday) based on the student's class schedule.

Responsibilities

• Assists with project set up within PowerPlan.

• Assists in the annual budgeting process for O&M and Capital.

• Queries the Oracle and PowerPlan databases and utilizes the output to update various Excel spreadsheets.

• Prepares various monthly and quarterly reports with actual, budget, forecast data for supported businesses.

• Assists with monthly accounting journal entries, including accrual and other journal entries, within the Oracle Financial system.

• Performs other duties as directed and assigned by Manager/Budget Analysts.

Qualifications

Completed sophomore year of undergraduate studies with declared major in accounting, finance, business or related degree.

Knowledgeable of Microsoft Office, especially proficient with the use of Excel.

Must be able to demonstrate excellent examples of attention to detail as well as organizational and analytical skills.

Working knowledge of U.S. GAAP preferred but not required.

Above average interpersonal written/oral communication skills required.

Minimum 3.00 GPA