DescriptionCAMS is seeking a
Senior Accountant - Regulated Utilities to support the accounting operations for a newly established electrical transmission entity. This role will be responsible for the technical accounting, financial reporting, and regulatory compliance in a
regulated utility environment, with a focus on
electrical transmission assets.
The ideal candidate brings hands-on experience with
regulated utility accounting, including application of
ASC 980 (Regulated Operations), and is comfortable operating in a
growing, build-out environment where processes and structures are being established.
Essential Duties and Responsibilities- Perform and support month-end and year-end close processes, including journal entries, reconciliations, and financial reporting
- Apply U.S. GAAP and ASC 980 (Regulated Operations) to accounting transactions and financial reporting
- Interpret and implement accounting treatment related to Public Utility Commission (PUC) rate orders
- Support the accounting for electrical transmission assets, including capitalization, depreciation, and regulatory asset/liability tracking
- Analyze and document regulatory impacts of accounting decisions and emerging accounting guidance
- Prepare and maintain support schedules, documentation, and audit-ready workpapers
- Partner with internal stakeholders to ensure accurate and compliant financial processes
- Assist in building and standardizing accounting processes
- Support external audits, regulatory filings, and financial reporting requirements
Requirements- Bachelor's degree in Accounting, Finance, or related field
- 5 - 7 years of accounting experience in regulated utilities
- Strong understanding of U.S. GAAP, including ASC 980 - Regulated Operations
- Experience supporting month-end and year-end close processes
- Familiarity with Public Utility Commission (PUC) rate orders and regulatory frameworks
- Experience with accounting for utility infrastructure, preferably electrical transmission assets
- Strong analytical skills with high attention to detail
- Ability to work independently in a developing / build-out environment
- Strong technical accounting expertise in regulated environment
- Ability to interpret regulatory rulings and apply accounting treatment
- Detail-oriented with a focus on accuracy and compliance
- Ability to operate effectively in a new and evolving business line
- Strong communication and documentation skills
Preferred Qualifications- Experience specifically in electric transmission accounting
- CPA or CPA-track preferred
- Experience in multi-entity or project-based accounting environments
- Familiarity with emerging accounting standards and regulatory implications
