Sr. Accountant, Property & Cost Allocation

Sr. Accountant, Property & Cost Allocation

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The primary responsibility of this position is to run and monitor the monthly cost allocation process and support the fixed assets process to ensure accurate and timely accounting for project costs and fixed assets. The role performs complex, professional, technical work related to the preparation and maintenance of the company’s fixed asset records and systems. It is responsible for related balance sheet reconciliations and process development within the department, works with financial and governmental auditors on project and audit preparations, and requires considerable judgment and independence to ensure compliance with company policies, procedures, rules, and State and Federal laws and regulations.

• Run monthly allocation process to allocate service company costs to operating companies and properly clear various clearing account pools within Oracle PPM & GL.
• Monitor inputs into cost clearing accounts to ensure items were properly charged and coordinate corrections as necessary.
• Review and update various cost allocation factors on a quarterly basis or as needed within Oracle PPM & GL.
• Record fixed asset additions and retirements in Power Plan.
• Assist in formulating accounting policy and procedures involved in the tracking of job costs and maintenance of property, plant, and equipment records.
• Reconcile plant‑related balance sheet accounts.
• Assist in reviewing, interpreting, and correcting all information in Power Plan.
• Work with various business unit representatives to resolve questions related to job/project costs.
• Cover all Fixed Asset Accounting duties during the absence of other group members.
• Perform research, journal entries, and fixed asset entries as needed.
• Prepare complex monthly accounting journal entries.
• Prepare monthly account reconciliations.
• Support and/or process the monthly close cycle.
• Create, update, review, investigate, and distribute schedules and financial reports pertaining to various phases of accounting functions.
• Coordinate the preparation, analysis, and verification of complex accounting reports to support responses to data requests in connection with regulatory filings and audits.
• Ensure that all transactions are properly supported and are in accordance with GAAP, FERC, SOX, and other regulatory requirements.
• Provide guidance, direction, and training to other employees engaged in similar activities and internal customers.
• Document accounting procedures, processes, and internal controls; review for effectiveness and recommend revisions as necessary.
• Provide internal and external customer support when needed.

• Minimum education required of the position:
  • Bachelor's degree in Accounting, Finance, Business Administration or a related field.
• Minimum Experience Required Of The Position:
  • 4 plus years of related experience in Accounting or Financial Analysis.
• Minimum Knowledge,
  
  Skills And Abilities
  
  Preferred Of The Position:
  • Ability to communicate with internal and/or external customers in order to obtain and/or provide explanations and/or modifications on technical or other complex concepts to individuals with little or no background in the area under discussion, verbally and in writing.
  • Ability to perform analyses involving ratios, percentages and simple statistical methods.
  • Knowledge of various software applications to create documents, reports and/or graphics.
  • Preferred:
    • Power Plan asset system, Oracle GL, Oracle PPM.
    • Utility industry.
• Any Certificates, Licenses, Etc. Required For The Position:
  • None.

• Able to operate a personal computer, either desktop or laptop.
• Able to sit for extended periods of time.
• Able to operate a copy machine, fax machine, calculator, telephone and other miscellaneous office equipment.
• Able to exert up to 10 lbs. of force occasionally or a minimal amount of force frequently to lift, carry, push or otherwise move objects.

The Physical Demands described here are representative of those that must be met by an employee to successfully perform the Accountabilities and Essential functions of the job. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions.

• Perform other job‑related duties as assigned, within your scope of responsibilities.
• Job duties are performed in a normal and clean office environment with normal noise levels.
• Work is predominately done while standing or sitting.
• The ability to comprehend, document, calculate, visualize and analyze are required.
• Able to work regular hours, with occasional overtime.

Delta Utilities is a natural gas utility headquartered in New Orleans that provides safe, reliable natural gas services across Louisiana and Mississippi. We understand the value of dependable energy and our important role in building stronger, more resilient…