Versant Power · 2 days ago
ACCOUNTING OPERATIONS SUPERVISOR
Bangor, ME, US
Full-time
Onsite
Senior Level
5+ years expVersant Power is transforming the power industry of northern and eastern Maine. The Accounting Operations Supervisor plays a critical role in overseeing a team of accountants to ensure timely and accurate financial reporting in accordance with GAAP and supports various accounting functions and compliance initiatives.
Utilities
Responsibilities
Supervises, mentors, and develops a team of accountants, providing guidance, performance feedback, and professional development opportunities
Oversees daily work assignments, ensuring deadlines are met and work is completed accurately and efficiently
Fosters a collaborative and accountable team environment focused on continuous improvement and high-quality financial reporting
Coordinates cross-training and ensures adequate coverage for all key accounting functions
Serves as a backup for various accounting functions, including general ledger, capital, and regulatory activities
Provides coverage during staff absences or peak periods to ensure continuity of operations and timely completion of accounting tasks
Maintains a broad understanding of all accounting processes and systems to provide effective support across the department
Performs complex account reconciliations, identifies and resolves discrepancies, and recommends and implements process improvements to enhance accuracy and efficiency
Prepares quarterly and annual GAAP financial statements, ensuring accuracy, completeness, and compliance with applicable accounting standards
Supports internal and external audits by preparing schedules, responding to inquiries, and ensuring documentation is complete and accurate
Assists in maintaining compliance with regulatory requirements and internal control frameworks
Conducts comprehensive transactional reviews to investigate and resolve discrepancies at the account level, ensuring accuracy and compliance with financial standards
Performs detailed root cause analyses of account irregularities, identifying underlying issues, and recommending effective corrective actions
Leverages financial systems and analytical tools to trace transactions, ensuring completeness, accuracy, and alignment with audit and internal control requirements
Conducts technical accounting research to evaluate the impact of new or revised accounting standards and regulatory requirements
Participates in updates to accounting policies and procedures to ensure compliance with GAAP, Federal Energy Regulatory Commission (FERC), and internal controls
Provides guidance to the accounting team and other departments on the application of accounting standards and best practices
Educates business partners on financial processes, policies, and procedures to promote compliance and financial literacy across the Company
Qualification
Required
Bachelor's degree in Accounting or Finance required
5+ years of progressive accounting experience, including general ledger, reconciliations, and financial reporting
2+ years of supervisory or team leadership experience in an accounting or finance environment
Strong knowledge of GAAP; familiarity with FERC accounting is a plus
Experience with accounting research and policy development
Strong analytical, problem-solving, and communication skills, with the flexibility to adapt to evolving business needs
Proficiency in Microsoft Excel and other Office applications, with the ability to manage and analyze large data sets effectively
Preferred
CPA certification and/or Master's degree
Working knowledge of Oracle Financials, Cognos Planning Analytics, and/or TM1
Experience working with mid- to enterprise-level financial software, with capabilities extending beyond entry-level accounting software
Company
Versant Power
We’re committed to helping connect people and power communities in northern and eastern Maine.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Miller Paul
Chief Operating Officer
Darlene Sage
Senior HR Business Partner
Company data provided by crunchbase