Bachelor's degree in Accounting or CPA designation with a related degree.
Minimum 5 years of relevant accounting experience.
Proficiency in SAP accounting software.
Strong analytical and accounting skills with a focus on compliance.
Advanced Excel skills, including V-lookup and pivot tables.
Responsibilities
Record and analyze utility construction and fixed asset transactions for accurate GAAP and FERC reporting.
Develop fixed asset analyses and perform General Ledger reconciliations using the Power Plant Fixed Asset System.
Support Utility Finance in creating 5-year plans and annual budgets, including depreciation models.
Prepare schedules and disclosures for SEC Form 10K and 10Q filings.
Ensure compliance within the Sarbanes-Oxley internal control environment.
Benefits
Work from Home flexibility
Collaborative team environment
Engagement with regulatory financial processes
Diverse project opportunities for growth
Exposure to compliance and auditing processes.
Full Job Description
Details:
Stefanini is looking for a Utility Property Accountant in Newark, NJ 07102 (WFH)
Job Title: Utility Property Accountant
Location: 80 Park Pl Newark, NJ 07102 (WFH)
Job Summary
This role performs the following:
Record, review and analyze utility construction and fixed asset transactions for the proper GAAP and FERC financial statement recording, reporting and rate recovery of Property, Plant & Equipment Investments and related accounts.
Develop fixed asset analyses, special reports and perform General Ledger reconciliation and analysis utilizing the Power Plant Fixed Asset System.
Support Utility Finance in developing 5 year plans, annual budgets including annual depreciation and amortization models.
Provide support for regulatory Base Rate Cases, Special Infrastructure and other regulatory filings as well as other ad hoc reports and analyses for internal and external clients, including BPU independent monitors.
Support all internal and external audit requests and reviews. Develop Power Plant reports and queries. Collaborate with Power Plant Support, IT and Financial Systems Support to optimize the system and implement system and process improvements. Perform ad hoc projects as necessary.
Job Responsibilities
Other responsibilities include providing support for:
Schedules and disclosures required for inclusion in CLIENT's annual Form 10K and quarterly 10Q's as filed with the Securities & Exchange Commission
Schedules and disclosures required for inclusion in PSE&G's annual FERC Form 1 as filed with the Federal Energy Regulatory Commission and other filings with government oversight agencies.
The Company's Sarbanes-Oxley internal control environment by ensuring proper controls environment and compliance.
Actual vs prior year analytics on various Income Statement and Balance Sheet accounts.
Provide support to the External Reporting Department to complete 10Q/K Notes, MD&A and Press Release Attachments.
Support Actual vs. Plan variance process by preparing monthly financial report and analysis and supporting schedules provided monthly to senior management.
Coordinate internal and external audit requests.
Support the Sarbanes Oxley control environment by ensuring proper controls compliance.
All necessary account analyses and reconciliations.
Ad Hoc special projects.
Interacting with business leaders and associates and work collaboratively in a team environment.
Job Requirements
Details:
Job Specific Qualifications
Required:
Bachelor's degree in Accounting, or CPA designation with a degree in related field.
Minimum 5 years of relevant accounting experience.
Knowledge of SAP.
Demonstrated accounting skills, PC skills, written and verbal communication skills and analytical abilities.
Advanced Excel skills utilizing V-lookup and pivot tables and advanced formulas
Demonstrated ability to work independently, accomplish tasks and resolve issues with a sense of urgency under tight timelines.
Desired:
Utility property accounting knowledge.
Knowledge with the Power Plant fixed asset system.
CPA and/or advanced degree.
SAP experience in financial statements preparation and analysis.
