26 applicants

Company

Summit Utilities, Inc. · 3 days ago

Principal Regulatory Accountant

Full-time

Remote

Senior Level, Lead/Staff

7+ years exp

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Responsibilities

Review financials to assess the proper recording of utility company accounting transactions

Partner with the Regulatory Affairs and Regulatory Finance & Rates departments to support company initiatives for regulatory processes and rate setting

Review data prepared by other Analysts in response to rate case data requests

Comply with all FERC accounting requirements, guidance, policies, procedures and applicable laws

Partner with Accounting staff to ensure the correct application of FERC accounting classifications and guidelines

Complies with federal, state and local legal requirements by staying current with existing and new legislation, anticipating future legislation and advising senior management on needed actions

Support the implementation of financial and ancillary software systems pertaining to responsible areas

Provide leadership and guidance to co-workers ensuring that all deliverables are completed in accordance with associated deadlines

Analyze and correct ERP system errors related to FERC

Prepare all required journal entries in accordance with the deadlines per the close calendar

Prepare and/or review all monthly, quarterly, and annual account reconciliations

Complete assigned external reports

Prepare the jurisdictional annual financial statements

Accurately apply tariff rules and contract terms to financial calculations

Recognize trends and identify material errors in accounts or financial reports

Identify and coordinate data and system issues working closely with the Information Systems department on problem resolution, enhancements, testing, and data verification

Work collaboratively with Regulatory Affairs to provide support for regulatory requests

Respond to data requests and assist with data collection and organization for rate cases

Assist in the preparation and review of rate cases, annual cost of gas adjustments, and other regulatory commission requests.

Support the successful completion of the interim and annual financial statement audits

Other Ad-hoc requests pertaining to regulatory accounts and filings

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Regulatory AccountingFERC ComplianceGAAPExcel ProficiencyRegulated Utility ExperienceProject PlanningAccounting PrinciplesData Analysis

Required

Bachelor’s Degree in accounting or finance required

7+ years of similar, progressive experience required

3+ years Regulated utility or Public Service Commission experience required

Proficiency in the use of Excel required

Excellent understanding of the workings of a utility company including the effects regulatory agencies exhibit on the company

Must demonstrate a strong grasp of regulated utility accounting

Strong knowledge of accounting principles (GAAP)

Strong analytical skills, with ability to analyze data and historical trends to determine reasonableness and accuracy of entries and financial results

Ability to maintain motivation and focus to complete tasks within required timelines

Ability to prioritize and manage multiple tasks within tight timeframes

Possesses strong organizational and project-planning skills

Work requires professional written and verbal communication skills

Ability to work well remotely in a team and independently

Ability to negotiate with varied individuals among the staff of the various commissions and other governmental groups that regulate the company

Ability to clearly and credibly articulate complex information to a variety of internal and external constituencies.