Financial Accountant for Fixed Assets
6 days ago
This position is responsible for internal and external reporting and filing requirements related to the Company's fixed assets and depreciation.
Key Responsibilities:- Prepare monthly depreciation and amortization entries.
- Review Authorization for Expenditure (AFE) to validate the project as a capital expenditure.
- Maintain fixed asset records including additions, retirements, and book depreciation Gas Plant In-Service (GL101).
- Support the preparation of the annual budget and periodic forecasts by projecting depreciation and certain O&M expenses.
- Assist in preparing and monitoring of AFUDC calculations and adjustments.
- Assist in preparing FERC's annual, quarterly forms filings (e.g., Form 2 and Form 3Q), and requests due to rate case.
- Assist in preparing monthly roll forward detail of utility plant, capital expenditures analysis, and depreciation summary.
- Analyze and evaluate costs associated with capital projects, inventory, and excess materials.
- Invoice project costs as required by reimbursable construction contracts.
- Monitor and review Construction in Process (CIP) and work closely with field personnel to ensure timely in-service dates with proper useful lives and asset classifications.
- Carry out routine reporting and analysis, including monthly, quarterly, and annual management reporting of capital expenditures and audit support.
- Support quarterly financial and SOX audits, monthly reports for projects approved by the Board of Directors, FERC rate cases, and FERC audits.
- Collaborate with project managers to ensure accuracy of charges and timeliness of closure to fixed assets.
- Bachelor's degree in accounting, finance, economics, or a related discipline with a minimum of Principles of Accounting I & II completed.
- Entry-level, relevant work experience.
- Entry-level knowledge of accounting practices and fixed asset accounting.
- Ability to sustain motivation while working independently.
- Strong verbal and written communication skills.
- Strong analytical skills and attention to detail.
- Ability to prioritize tasks and meet deadlines in a fast-paced work environment.
- Strong organizational skills.
- Ability to work and collaborate with others across the organization.
- Experience using Microsoft Excel with knowledge of pivot tables and dashboards.
- Experience using PowerPlant or another fixed asset system.
The estimated salary range for this position is $52,372 - $78,557 per year, based on location and industry standards.
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Fixed Asset Accountant
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Fixed Asset Accountant
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