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Plant Accountant

4 months ago

Hampton, United States Monster Full time

Our Company

More than a utility company, Unitil provides energy for life.

Our work helps keep homes comfortable, businesses thriving and communities connected. Unitil is an investor-owned public utility proudly serving Maine, Massachusetts and New Hampshire. We are dedicated to delivering energy to our customers safely and reliably.

Unitil is committed to creating an inclusive environment that welcomes and values the differences among all of our employees, customers, suppliers and the communities in which we live and conduct business. The continued success of Unitil is enhanced through initiatives that promote diversity and value our employees.

Take advantage of a comprehensive benefits package.

Unitil offers competitive salaries, a consumer-driven health plan, dental and vision coverage, flexible work, company-paid holidays, a, robust, highly competitive retirement plan and educational assistance.

Note: Benefit offerings may differ between union and non-union employee groups

Position Purpose

The Plant Accounting group is responsible for all accounting and reporting activities related to Utility Plant, including depreciation and cost of removal, as well as other accounting activities. The utility plant balance is generally one of the largest asset balances for the Unitil subsidiaries. The plant accounting groups primary responsibilities include:

Preparing complete and accurate utility plant accounting records for Unitil and its subsidiaries

Timely processing of all utility plant transactions for Unitil and its subsidiaries

Ensuring completeness and accuracy of all utility plant transactions and journal entries

Designing, implementing, and executing internal controls over financial reporting that relate to utility plant

Supporting the Companys rate case efforts and other strategic initiatives by providing accounting, financial, and business insights

Principal Responsibilities

50% Accounting Operations

Ensure all Utility Plant transactions are recorded accurately, completely, and in a timely manner to facilitate financial reporting for external publication as well as internal management decision making and analysis. This role will be responsible for the plant accounting activities for various Unitil subsidiaries. This role will work directly with other departments, including personnel at the distribution operating companies.

20% Accounting Operations

Assist in the preparation of financial statements and other financial reports in accordance with various accounting and reporting standards including US GAAP, FERC, SEC, and IRS. Prepare internal reporting analyzing actual results as well as budget comparisons. Provide insight to management and other company departments related to results of operations as well as progress on various key initiatives. Provide support for the Companys annual operating and capital budgets.

15% Policies and Procedures

Review Company policies and procedures and actively identify opportunities to drive efficiencies in Company processes as well as strengthen internal controls. Develop a deep understanding of the Companys accounting systems, including PowerPlan, and leverage that understanding to identify opportunities for continuous improvement in processes, controls, or interaction with other groups. Maintain awareness of Company accounting policies and current standards that may require updates to existing Company policies.

15% Regulatory Compliance

Prepare reports and provide evidentiary responses to data requests related to the requirements of or proceedings with the Companys regulators including FERC, MDPU, NHPUC, MPUC and other regulators.

Qualifications

Bachelors Degree in Accounting

* 3-6 years of accounting experience or equivalent

* Excellent attention to detail

* May be asked to work an extended schedule to meet deadlines

* Must be available to respond to delivery system emergencies and be available for on call rotation

For HR use: D 2 C 66, D 3 (29) 57, E I 1 200, 323

Last updated: 2-5-24

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