Accountant - Asset Accounting

Key Responsibilities

• Collaborate with engineering, operations, and other areas of the company to ensure capital asset information is complete, accurate and compliant with regulatory requirements; provide guidance related to capital asset classification, asset accounting policies, and related regulatory requirements.
• Coordinate “in-service” declarations, asset retirement processes, and transfers of assets.
• Unitize accumulated costs for completed capital projects; review and analyze costs to determine proper classification, prepare journal entries as needed; assign asset costs to electric plant accounts as prescribed by FERC; reconcile project costs between the subledger and general ledger.
• Aid in tracking, accounting, and reporting for asset retirement obligations, preliminary project costs, and operating and finance leases.
• Aid in month-end closing and quarterly reporting processes and procedures; tasks may include account reconciliations, variance analysis, closing asset/project modules in PowerPlan and relevant systems, monitor interfaces with other systems, calculate depreciation, prepare information for the FERC Forms 1 and 3Q.
• Collaborate with the WBS/Project Structure team to ensure capital projects are accurately established, tracked, and transitioned to capital assets in compliance with financial, operational, and regulatory requirements.
• Maintain and ensure compliance with all SOX documented controls in Asset Accounting; adhere to Asset Accounting/Accounting policies, procedures, and processes.
• Communicate ideas and information, whether verbal or written, in a clear and concise manner conducive to a positive work environment.
• Engage in process improvement initiatives to enhance Asset Accounting service delivery and processes; identify areas to automate routine manual tasks; leverage resources and tools for continuous quality improvement of Asset Accounting processes and deliverables.
• Stay current with all department software (e.g., PowerPlan, SAP) and analytical techniques; assist with integration and optimization efforts to streamline operations.

Qualifications

• Bachelor’s degree in Finance, Accounting, or Business-related field
• 3+ years of related experience
• Experience with Financial Systems/SAP preferred
• Experience with Microsoft tools and applications required
• Knowledge of GAAP, FERC Accounting, Internal Control processes, and Capital Asset Accounting
• Strong analytical, problem-solving, and project management skills
• Willingness and ability to learn new technologies on the job; technologically savvy
• Ability to exercise sound judgment with little direction/guidance while recognizing when to escalate issues to Asset Accounting Management
• Demonstrated capacity for independent work
• Proven ability to function effectively within a team environment; present ideas and opinions in a respectful and collegial manner
• Strong verbal and written communication skills that are efficient and effective
• Proven organizational and time management skills; capable of prioritizing tasks and meeting deadlines while delivering high-quality results
• Detail-oriented and high work standards in support of seamless execution