Accounting/Finance Intern - Credit & Contract Administration - PPL Corporation
Louisville, KY 40202
About the Job
This position is responsible for assisting the Manager, Credit and Contract Administration and/or credit analysts in obtaining, maintaining and preparing financial and credit information for new and/or existing customers of PPL Corporation and its companies to establish credit limits and guidelines for the corporate, wholesale sales and power supply businesses.
Looking for a student who is enrolled in school full time (at least 12 credit hours/semester) pursuing a bachelor's degree in accounting or finance. The position will be full time in the summer, and part time during the semester (~20-25 hours/week). The schedule during the semester will be flexible around the student's class schedule.
Required Qualifications:
Enrolled full-time and have completed freshman year of undergraduate studies with declared major in accounting or finance.
Minimum GPA 3.00
- Obtain counterparty information from customer or outside source for credit reviews.
- Prepare and obtain credit enhancement documents for credit analysts to review.
- Monitor expiration of credit enhancement documents and ensure renewals are received when appropriate.
- Input financial data and public rating information into credit scoring financial models.
- Prepare information packages for counterparties containing LG&E/KU credit information.
- Prepare monthly management reports using Excel, Access, and CTS.
- Assist in maintaining report to track credit exposure by customers.
- Develop working relationships with power supply personnel.
- Develop rapport with other industry credit professionals.
- Assist in monitoring collection and bad debt accounts on all customers.
- Assist in resolving discrepancies on customer accounts.
- Responsible for organizing and maintaining credit files.
- Maintain all credit department databases and files with current information.
- Responsible for various legal documents tracking through internal departments.
- Provide support to contract administration with confirmations and in communicating changes in counterparty information or status.
- Commodity Trading System proficiency required.
- Undertake special projects as needed.
- Perform other duties as assigned by Manager, Credit and Contract Administration.