Fixed Asset Accountant
5 days ago
This role is responsible for managing the Company's fixed assets and depreciation, ensuring accurate and timely reporting to stakeholders. The successful candidate will have strong analytical skills, attention to detail, and excellent communication skills.
Key Responsibilities
- Prepare and review depreciation and amortization entries
- Validate Authorization for Expenditure (AFE) to ensure capital expenditures are properly recorded
- Maintain accurate fixed asset records, including additions, retirements, and book depreciation
- Support the preparation of the annual budget and periodic forecasts by projecting depreciation and certain O&M expenses
- Assist in preparing and monitoring AFUDC calculations and adjustments
- Prepare FERC's annual and quarterly forms filings, and requests due to rate cases
- 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
Requirements
- 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
Compensation details: 52372-78557 Yearly Salary
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