Accountant I at American Water Works Service Company Inc in Camden, New Jersey

Job Description:

Diversity of backgrounds, ideas, thoughts, and experiences is vital to our culture and the way we do business.  Creating an environment where differences are embraced and where every person feels engaged and included makes us safer, stronger, and more successful.

With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company.  The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states.  American Water provides safe, clean, affordable and reliable water services to our customers to help make sure we keep their lives flowing.  For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

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 providing support and other services to State Operations functions and other Finance, Accounting & Regulatory functions.

Key Accountabilities

• Prepares journal entries and assists in analyzing financial results and variances, ensuring completeness and accuracy of the subsidiary general ledgers.


• Prepares account 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 team’s fulfillment of the Company’s quarterly and annual SEC reporting requirements.


• Assists 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 practices.


• Assists the Rates Support team in fulfilling rate case requests and analyses for filings and/or other reporting requirement reports.


• Interfaces/liaises with the Corporate and State Capital Teams, Financial Analysis and Decision Support, Budgeting and Internal Reporting, Cash/Treasury, Accounts Payable, Payroll, General Accounting and Tax teams, providing information on accounting and reporting matters.


• 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.

Knowledge/Skills

• Prior public accounting, corporate and/or multi-subsidiary company experience a plus.


• Prior experience working in the utility industry and knowledge of regulatory accounting a plus.


• Knowledge and prior experience working with SAP, PowerPlan, Hyperion, Blackline a plus.


• Knowledge of fundamental accounting/analytical concepts and financial analysis.


• Knowledge of Microsoft Office products (Excel, Word, PowerPoint); knowledge of advanced Microsoft Excel functionalities (i.e. pivot tables, Vlookup, etc.)


• Strong written and oral communication skills.


• 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.


• Entry level position, but up to two years’ experience preferred

Competencies

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

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.

 

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