Jobs · Accounting · Texas

Senior Accountant – Regulated Utilities

CAMS · Houston, TX · 2 wk ago
AccountingFull-time

Brief Description

CAMS is seeking a Senior Accountant – Regulated Utilities to support the accounting operations for a newly established electrical transmission entity. This role will be responsible for the technical accounting, financial reporting, and regulatory compliance in a regulated utility environment, with a focus on electrical transmission assets. The ideal candidate brings hands-on experience with regulated utility accounting, including application of ASC 980 (Regulated Operations), and is comfortable operating in a growing, build-out environment where processes and structures are being established.

Essential Duties And Responsibilities

  • Perform and support month-end and year-end close processes, including journal entries, reconciliations, and financial reporting
  • Apply U.S. GAAP and ASC 980 (Regulated Operations) to accounting transactions and financial reporting
  • Interpret and implement accounting treatment related to Public Utility Commission (PUC) rate orders
  • Support the accounting for electrical transmission assets, including capitalization, depreciation, and regulatory asset/liability tracking
  • Analyze and document regulatory impacts of accounting decisions and emerging accounting guidance
  • Prepare and maintain support schedules, documentation, and audit-ready workpapers
  • Partner with internal stakeholders to ensure accurate and compliant financial processes
  • Support external audits, regulatory filings, and financial reporting requirements

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field
  • 5 – 7 years of accounting experience in regulated utilities
  • Strong understanding of U.S. GAAP, including ASC 980 – Regulated Operations
  • Experience supporting month-end and year-end close processes
  • Familiarity with Public Utility Commission (PUC) rate orders and regulatory frameworks
  • Experience with accounting for utility infrastructure, preferably electrical transmission assets
  • Strong analytical skills with high attention to detail
  • Able to work independently in a developing / build-out environment
  • Strong technical accounting expertise in regulated environment
  • Able to interpret regulatory rulings and apply accounting treatment
  • Detail-oriented with a focus on accuracy and compliance
  • Able to operate effectively in a new and evolving business line
  • Strong communication and documentation skills

Preferred Qualifications

  • Experience specifically in electric transmission accounting
  • CPA or CPA-track preferred
  • Familiarity with emerging accounting standards and regulatory implications

Summary

Applicants must possess a valid driver's license and maintain a clean driving record, as this position requires occasional travel for company business. Candidates should be comfortable operating a vehicle as part of their job responsibilities and must meet any applicable company and insurance requirements.

CAMS offers a variety of excellent benefits. Full-time employees are offered the following: medical, dental, vision, LTD, STD, and Life insurance plans. You can even select additional “al la carte” benefits to meet all your needs. You can also enroll in our 401k, flex spending accounts for medical and childcare needs, and participate in our employee referral and tuition reimbursement programs.

Qualified Applicants must be legally authorized for employment in the United States. Qualified Applicants will not require employer sponsored work authorization now or in the future for employment in the United States. We believe in transparency and providing candidates with important information to make informed decisions. The salary range for this position is commensurate with experience, qualifications, and location. Actual compensation will be determined based on several factors, including but not limited to skills, experience, and relevant qualifications. This range represents the base salary and does not include other forms of compensation, such as bonuses, benefits, or equity, which may be offered in addition to the base pay. The company reserves the right to modify compensation ranges at any time in accordance with business needs and market conditions.

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