Emera Maine · 2 months ago
REGULATORY ACCOUNTANT
Versant Power is transforming the power industry of northern and eastern Maine. The Regulatory Accountant plays a key role in supporting the month-end close process, financial reporting, and regulatory compliance, ensuring the integrity of all regulatory filings while applying GAAP and FERC accounting principles.
EnergyEnergy ManagementEnergy Storage
Responsibilities
Applies GAAP and FERC accounting principles to ensure accurate recording of transactions and proper financial statement presentation
Participates in the month end close process, including preparation of journal entries and supporting schedules
Conducts monthly variance analysis, comparing financial results to prior periods and identifying key drivers of change in balance sheet and cash flow accounts
Reconciles various General Ledger accounts on a monthly, quarterly or annual basis, and implements corrective actions as needed
Prepares quarterly and annual regulatory financial reporting filings to the FERC and the Maine Public Utilities Commission
Maintains strong internal controls by adhering to established accounting policies and procedures
Assists with internal and external audits by preparing workpapers, explaining processes and controls, and responding to audit inquiries
Develops a deep understanding of accounting systems and software, generates and designs reports to support reconciliations, variance analysis, and other departmental needs
Evaluates and improves accounting processes for efficiency and effectiveness
Performs other ad hoc accounting, financial, or administrative tasks as may be required from time to time
Qualification
Required
Bachelor's degree in Business Administration, Accounting, or Finance required
Strong knowledge of US GAAP and FERC Uniform System of Accounts preferred
Experience with mid to enterprise level financial systems beyond entry-level accounting software
Solid understanding of financial principles and the ability to assess the financial impact of business decisions
Strong analytical skills with the ability to independently evaluate accounting transactions and financial statements
Proficiency in Microsoft Excel and Microsoft Office application. Ability to manage and analyze large data sets
Ability to manage priorities in a dynamic, team-oriented environment
Demonstrates accuracy, timeliness, and attention to detail in all work
Strong critical thinking and problem-solving skills with a proactive, solution focused mindset
Position requires strong oral and written communication skills
Position requires strong interpersonal skills
Position requires visual and mental concentration
Position can be stressful due to deadlines and multitasking requirements
Preferred
Three to five years of accounting experience preferred
Company
Emera Maine
Emera Maine was sold to ENMAX Corporation in 2020. Emera Maine, was headquartered in Bangor and was Maine's second-largest electric utility.
Funding
Current Stage
Growth StageTotal Funding
unknown2020-03-24Acquired
Recent News
2025-10-23
2025-06-21
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