Utility Property Accountant

Contract Length: 12 Months (Possible Extension)
Location: Newark, NJ
Work Setup: Hybrid (Newark, NJ / Work From Home)

Join a leading utility organization committed to delivering reliable energy services while investing in critical infrastructure. As a Utility Property Accountant, you will play a key role in ensuring accurate financial reporting, regulatory compliance, and fixed asset accounting that supports strategic business decisions.

Utility Property Accountant Responsibilities

• Record, review, and analyze utility construction and fixed asset transactions to ensure proper GAAP and FERC financial reporting and rate recovery for Property, Plant & Equipment.
• Prepare fixed asset analyses, general ledger reconciliations, and special reports using the Power Plant Fixed Asset System.
• Support Utility Finance with five-year financial plans, annual budgets, depreciation, and amortization models.
• Assist with regulatory filings, including Base Rate Cases, infrastructure filings, and requests from internal and external stakeholders.
• Prepare schedules and disclosures for SEC Forms 10-Q, 10-K, FERC Form 1, and other regulatory reporting requirements.
• Perform monthly financial reporting, variance analysis, account reconciliations, and ad hoc financial projects.
• Coordinate internal and external audit requests while supporting Sarbanes-Oxley (SOX) compliance and internal controls.
• Collaborate with IT, Financial Systems Support, and business leaders to enhance accounting systems, reporting processes, and automation initiatives.

Utility Property Accountant Qualifications

Required

• Bachelor's degree in Accounting, or CPA with a related degree.
• Minimum of 5 years of accounting experience.
• Strong knowledge of SAP and financial reporting.
• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP, and advanced formulas.
• Excellent analytical, communication, and problem-solving skills with the ability to manage multiple priorities independently.

Preferred

• Experience in utility property accounting.
• Knowledge of the Power Plant Fixed Asset System.
• CPA designation and/or an advanced degree.
• Experience preparing and analyzing financial statements within SAP.
• Process automation experience.

If you are a detail-oriented Utility Property Accountant seeking an opportunity to contribute to a highly regulated utility environment while working with financial reporting, fixed assets, and regulatory compliance, we encourage you to apply.

We look forward to reviewing your application!
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