Accountant
American Water is an investor-owned utility company committed to providing reliable water services. They are seeking an Accountant to participate in the Accounting Rotation Program, which offers foundational experience in various accounting functions including financial reporting, plant accounting, and internal controls compliance.ResponsibilitiesDrafts disclosures and compile financial statements for various sections of the Company’s SEC filings (i.e. Form 10-Q and 10-K), ensuring compliance with US GAAP and SEC rules and regulationsMaintains complete and accurate supporting documentation for disclosuresAssists with monthly financial consolidation process as part of the accounting period closeAssists in the preparation and review of the Company’s annual and quarterly subsidiary financial statement reportsAssists with monitoring the Company’s compliance with SOX activities to ensure key business processes and risks are addressed with an effective internal control environmentCollaborates with external/internal auditors to resolve potential control issuesProvides accounting for fixed asset related activity to include asset additions, retirements, depreciation, cost of removal, and salvagePrepares journal entries and assists in analyzing financial results and variances, ensuring completeness and accuracy of the subsidiary general ledgersPrepares account reconciliations, including the timely investigation and resolution of discrepancies and reconciling itemsProvides reporting support, information and analysis to assist in consolidation and the External Reporting team’s fulfillment of the Company’s quarterly and annual SEC reporting requirementsAssists in the preparation of 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 practicesAssists the Rates Support team in fulfilling rate case requests and analyses for filings and/or other reporting requirement reportsInterfaces/liaises with the Capital Administration, Financial Analysis and Decision Support, Budgeting and Internal Reporting, Cash/Treasury, Accounts Payable, Call Center Operations and Tax teams, providing information on accounting and reporting mattersAssists with special projects and initiatives to optimize the effectiveness of existing business applications, technologies and systems and to build efficiencies/improvements into current business processesProvides support and administration to the business function, maintaining our financial system including, SAP ECC, SAP S4 HANA, Powerplan, Alteryx, Hyperion and BlacklineAssists with system testing, documentation and operating procedures and projects (i.e. upgrades, new system implementations)Assists end-user community with technical solutions and support in identifying, resolving and/or advancing issues encountered in business systemsPerforms setups in the systems to include but not limited to chart of accounts values in the general ledger and maintenance of financial tablesAlso, maintain documentation to document related to setupsAssists with the development of and delivery of training programs for various financial application usersAdministers and maintain financial systems to ensure optimal performance and complianceProvides business and system administration ensuring appropriate master data setup to enable accurate financial postings for system integrations and daily business operationsResponsibilities include analyzing system issues, application data, and business processes, creating solutions, performing testing, identifying opportunities for process improvements, and providing recommendations that align with business objectives and user needsIncludes accounting responsibilities for the following business functions: Regulatory, Treasury, Payroll/Benefits, Revenue/Accounts Receivable, Non-Regulated Businesses, Prepaids, Accruals, and morePrepares journal entries and assists in analyzing financial results and variances, ensuring completeness and accuracy of the subsidiary general ledgersPrepares account reconciliations, including the timely investigation and resolution of discrepancies and reconciling itemsAssists with special projects and initiatives to optimize the effectiveness of existing business applications, technologies and systems and to build efficiencies/improvements into current business processesWork on ad-hoc projects as neededSkillsBachelor's Degree in Accounting or Finance requiredKnowledge of fundamental accounting/analytical concepts and financial analysisKnowledge of Microsoft Office products (Excel, Word, PowerPoint); knowledge of advanced Microsoft Excel functionalities (i.e. pivot and look-up tables, etc.) a plusStrong written and oral communication skillsExcellent analytical, systemic and problem-solving skills, including the ability to work in teams or effectively work independentlyStrong interpersonal skills, with an emphasis on initiative, knowledge sharing, team building and decision makingBenefits401(k)Defined Contribution PlanEmployee Stock Purchase PlanMedicalPrescriptionDental and vision coverageDisabilityPaid time offLife insuranceVoluntary benefitsHealth and wellness programsCompany OverviewAmerican Water is a waste water utility company. It was founded in 1886, and is headquartered in Voorhees, New Jersey, USA, with a workforce of 5001-10000 employees. Its website is http://amwater.com.
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