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Principal Accountant - Regulatory Accounting

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Date: Jan 23, 2023

Location(s): Juno Beach, FL, US, 33408 Miami, FL, US, 33134

Company: NextEra Energy

Florida Power & Light Company is America’s largest electric company, providing clean, affordable, and reliable electricity to more than 12 million people in Florida. We operate one of the cleanest power generation fleets in the U.S. and our reliability is among the best in the nation. Our goal is to achieve Real Zero carbon emissions from our operations by 2045 by expanding our solar capacity, increasing battery storage and bringing new renewable energy opportunities to Florida, while improving customer affordability and reliability. Are you interested in becoming a game-changer in the energy industry?  Join our world-class team today! 


Position Specific Description

Our Principal Accountant in Regulatory Accounting will be responsible for understanding and applying Florida Public Service Commission (FPSC) and Federal Energy Regulatory Commission (FERC) rules, practices, and regulatory principles in determining appropriate regulatory treatment and accounting for FPL and any of its regulated subsidiaries.  Principal Accountant individual will be charged with making accounting entries (if needed), direct support of any docket having accounting implications and ensuring final orders are implemented correctly and timely.  Activities include but are not limited to testimony and discovery drafting, accounting witness support and any other activities related to specific dockets in either jurisdiction.


Specific Responsibilities:


  • Responsible for understanding and accurately applying Florida Public Service Commission and Federal Energy Regulatory Commission specific rules and regulatory principles in determining proper regulatory treatment of FPL and any of its regulated subsidiaries.
  • Recommend appropriate accounting treatment for any transaction requiring regulatory approval in accordance with GAAP, FERC and FPSC guidelines. 
  • Provide regulatory guidance to other departments and BUs within FPL and any of its regulated subsidiaries to assist them in decision-making or proper regulatory treatment and reporting.
  • Serve as point of contact for assigned dockets.  This will include research on specific topic, testimony and discovery responses drafting, all support to the assigned accounting witness throughout the whole docket until the decision is received from the pertinent jurisdiction.
  • Ensure that once approval is received from the jurisdictions its implementation is timely and properly done in the books and records of the pertinent regulated entity.
  • Responsible for coordinating or recording accounting entries related to a specific transaction that might arise in the process of specific docket (i.e. transaction costs for specific FERC docket)
  • Interface with Deloitte and Internal Auditors as needed.
  • Maintain accounting control procedures and SOX (if applicable) to ensure compliance and assist SOX team with any question

Job Overview

Employees in this role develop accounting policy through analysis of GAAP and business practices. Ensures accounting treatment is practical, cost-beneficial and accurately portrays the economic substance of business transactions.

Job Duties & Responsibilities

•   Analyzes proposed transactions for structure and proper accounting treatment under authoritative accounting literature
•   Reviews changes in technical accounting literature, develops positions and present to management
•   Maintains awareness of accounting issues being considered by regulatory bodies and advises management of important matters
•   Ensures consistent application of accounting policies
•   Performs other job-related duties as assigned

Required Qualifications

•  Bachelor's - Accounting / Finance / Business
•  Experience: 6+ years

Preferred Qualifications

•  Certified Public Accountant (CPA)
•  Master's - Business Administration
•  Master's - Accounting / Finance
•  Certified Management Accountant (CMA)


Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  Florida Power & Light Company 
Relocation Provided:  No


Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.


NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.


NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.


NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.


NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.


Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami