Utility Property Accountant

Job Description

Job Description

Job Description:

• Record, review and analyze utility construction and fixed asset transactions for the proper GAAP and FERC financial statement recording, reporting and rate recovery of Property, Plant & Equipment Investments and related accounts.

• Develop fixed asset analyses, special reports and perform General Ledger reconciliation and analysis utilizing the Power Plant Fixed Asset System.

• Support Utility Finance in developing 5 year plans, annual budgets including annual depreciation and amortization models.

• Provide support for regulatory Base Rate Cases, Special Infrastructure and other regulatory filings as well as other ad hoc reports and analyses for internal and external clients, including BPU independent monitors.

• Support all internal and external audit requests and reviews.

• Develop Power Plant reports and queries.

• Collaborate with Power Plant Support, IT and Financial Systems Support to optimize the system and implement system and process improvements.

• Perform ad hoc projects as necessary.

• Schedules and disclosures required for inclusion in annual Form 10K and quarterly 10Q's as filed with the Securities & Exchange Commission

• Schedules and disclosures required for inclusion in annual FERC Form 1 as filed with the Federal Energy Regulatory Commission and other filings with government oversight agencies.

• The Company's Sarbanes-Oxley internal control environment by ensuring proper controls environment and compliance.

• Actual vs prior year analytics on various Income Statement and Balance Sheet accounts.

• Provide support to the External Reporting Department to complete 10Q/K Notes, MD&A and Press Release Attachments.

  • Support Actual vs. Plan variance process by preparing monthly financial report and analysis and supporting schedules provided monthly to senior management.

  • Coordinate internal and external audit requests.

• Support the Sarbanes Oxley control environment by ensuring proper controls compliance.

  • All necessary account analyses and reconciliations.

  • Ad Hoc special projects

  • Interacting with business leaders and associates and work collaboratively in a team environment.

Qualifications

• Bachelor's degree in Accounting, OR

• CPA designation with a degree in related field.

• Minimum 5 years of relevant accounting experience.

• Knowledge of SAP.

• Demonstrated accounting skills, PC skills, written and verbal communication skills and analytical abilities.

• Advanced Excel skills utilizing V-lookup and pivot tables and advanced formulas

• Demonstrated ability to work independently, accomplish tasks and resolve issues with a sense of urgency under tight timelines.

• Utility property accounting knowledge.

• Knowledge with the Power Plant fixed asset system

• CPA and/or advanced degree.

• SAP experience in financial statements preparation and analysis.

• Process automation experience

Benefits:

Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics. Premiums are subsidized by Synectics.

Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.

Vision Insurance: Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.

401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first of the month following at least 1 calendar year after employment begins.

Synectics is an equal opportunity employer.

Synectics is a leading staffing and workforce solutions company dedicated to connecting exceptional talent with top organizations. We specialize in IT, engineering, finance, healthcare, and professional services recruitment, offering both contract and permanent staffing solutions. With a people-first approach, we focus on understanding the unique needs of our clients and candidates to create long-term, successful matches. Our mission is to empower businesses with the right talent while helping professionals achieve rewarding career opportunities

Company Description

Synectics is a leading staffing and workforce solutions company dedicated to connecting exceptional talent with top organizations. We specialize in IT, engineering, finance, healthcare, and professional services recruitment, offering both contract and permanent staffing solutions. With a people-first approach, we focus on understanding the unique needs of our clients and candidates to create long-term, successful matches. Our mission is to empower businesses with the right talent while helping professionals achieve rewarding career opportunities