Accountant I

Location: 55 Sebethe, Cromwell, CT 06416 USA

About the role

H2O America offers a challenging and rewarding work environment along with a competitive salary and an excellent benefits package. This role is responsible for supporting accounting operations by maintaining accurate financial records, preparing entries, and reconciling accounts for H2O America. The role assists with month-end/year-end closes and helps prepare robust financial reporting. It supports compliance by maintaining documentation for audits and performing reconciliations to ensure accuracy. Success requires strong analytical and organizational skills, as well as effective communication skills to deliver operational excellence and compliance. Occasional domestic travel may be required.

Employees will be assigned to one or more of the following teams: The General Ledger Accounting team records, reconciles, and closes out accounts to prepare accurate financial statements and balance sheets, managing full-cycle month-end and year-end closing processes while ensuring compliance with internal and regulatory standards. The Fixed Asset Accounting team manages the lifecycle of tangible assets (pipelines, distribution networks, pumps, storage tanks, etc.), overseeing asset capitalization, depreciation, disposals, and reporting to maintain financial integrity and support strategic decision making. The Gross Margin & Regulatory Accounting team analyzes and reports on revenue, cost-of-goods, and gross profit to measure financial performance, oversees accounting for regulatory assets and liabilities, monitors margins, identifies variances, and provides insights to support pricing strategies and operational decision‑making, working closely with regulatory teams to meet national and local financial reporting standards.

Responsibilities

• Maintains robust and accurate financial records and prepares routine journal entries.
• Performs routine reconciliations on subsidiary ledgers to the general ledger; researches and resolves routine discrepancies; escalates as necessary.
• Assists with month-end/year-end closes including adjusting entries and basic schedules.
• Assists in preparation of financial reports and data compilation for senior staff.
• Supports auditing procedures by maintaining accurate financial documentation and schedules.
• Assists with accurate cash flow reporting and reconciliation of P‑card expenses.
• Assists with fixed asset accounting practices (e.g., capitalization, depreciation schedules, reconciliations).
• Supports routine compliance tasks and ensures adherence to related policies and procedures.
• Required to complete occasional evening and weekend work to meet deadlines or address emergencies as needed.
• Adheres to all necessary internal controls including SOX controls and provides necessary documentation to support compliance.
• Performs other duties or special projects as required or assigned.

Qualifications

• Bachelor’s degree required.
• 2+ years of relevant professional experience preferred.
• Holds relevant certifications required for the team’s need or directed by management.
• CPA certification is a plus.

Skills

• Proficiency in GAAP and bookkeeping fundamentals.
• Experience with general ledger, journal entries, and account reconciliations.
• Understanding of fixed asset accounting basics.
• Proficiency in Microsoft Office (e.g., Excel).
• Familiarity with ERP/accounting systems (e.g., Oracle).
• Excellent research and analytical skills.
• Strong communication and organization skills.

Pay

Salary ranges: CT/ME: $27.34 - $43.76; TX: $25.26 - $40.41; CA: $33.42 - $53.47.

Schedule

• Occasional domestic travel may be required.
• Required to complete occasional evening and weekend work to meet deadlines or address emergencies as needed.