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Accountant III

Company: American Water Works Company
Location: Camden
Posted on: March 25, 2020

Job Description:

Founded in 1886, American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. With headquarters in Camden, NJ, the company employs over 7,000dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 46states. To learn more about American Water andadditionalcareer opportunities, visit . Primary Role Responsible for the compilation and analysis of accounting/financial information for the American Water subsidiaries as assigned, and the maintenance of complete and accurate subsidiary general ledgers.Assists in the consolidation process and provides reporting support and other services to the External Reporting, Financial Analysis and Decision Support, Budgeting and Internal Reporting, Tax and Rates Support/Regulatory Operations teams. Key Accountabilities

Prepares journal entries and assists in the facilitation of the monthly close process. Analyzes financial results and variances, ensuring completeness and accuracy of the subsidiary general ledgers. Performs key account analyses and reconciliations, including the timely investigation and resolution of discrepancies and reconciling items. Provides reporting support, information and analysis to assist in consolidation and the External Reporting teams fulfillment of the Companys quarterly and annual SEC reporting requirements. Prepares quarterly and annual subsidiary financial statements and state commission reporting requirements, ensuring compliance with US GAAP, state-specific utility regulation, internal controls and Company policies and practices. Participates in the annual audits (both the consolidated audit and subsidiary audits) and coordination with the external auditors. Assists in the interpretation of rate case orders/memorandums and other regulatory decisions and implements the appropriate accounting for such. Interfaces/liaises with the Financial Analysis and Decision Support, Budgeting and Internal Reporting, Cash/Treasury, Accounts Payable, Call Center Operations and Tax teams, providing information for accounting and reporting matters and assistance in interpreting and analyzing financial results. Assists the Rates Support/Regulatory Operations teams in fulfilling rate case requests and analyses for filings and/or other reporting requirement reports. Assists with special projects and initiatives to optimize the effectiveness of existing business applications, technologies and systems and to build efficiencies/improvements into current business processes. Assists in the refinement and maintenance of the accounting/financial policies, practices, internal controls and operating procedures to ensure the integrity of the Companys internal control structure. Knowledge/Skills
  • Minimum of four years relevant experience required. Prior public accounting, corporate and/or multi-subsidiary company experience a strong preference. Prior experience working in the utility industry and knowledge of regulatory and plant accounting a plus. Knowledge and prior experience working with SAP, PowerPlant, Hyperion, Blackline, SharePoint a plus. Knowledge of U.S. GAAP and the ability to apply principles and practices to accounting matters. Knowledge of Microsoft Office products (Excel, Word, PowerPoint), with a particular expertise in advanced Microsoft Excel functionalities (i.e. pivot and look-up tables, etc.) a plus. Strong written and oral communication skills with proven ability to interact effectively with internal customers, management and external professionals (i.e. auditors). Excellent analytical, systemic and problem solving skills, including the ability to work in teams or effectively work independently.
  • Strong interpersonal skills, with an emphasis on initiative, knowledge sharing, team building and decision making. Experience/Education
    Bachelor's Degree in Accounting or Finance required or advanced degree preferred. Minimum of four (4) years experience. Prior corporate and/or multi-subsidiary experience desired. Two to five years prior experience in the utility, or multi-company corporation industry desired. Licenses & Certifications CPA or CMA desirable, but not required. Competencies Champions safety Collaborates Cultivates innovation Customer obsessed Drives Results Nimble learning Join American Water...We Keep Life Flowing American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.

Keywords: American Water Works Company, Camden , Accountant III, Accounting, Auditing , Camden, New Jersey

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