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Accounting Manager

Job in Saco, York County, Maine, 04072, USA
Listing for: CTwater
Full Time position
Listed on 2026-06-09
Job specializations:
  • Finance & Banking
    Accounting Manager
  • Management
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

H2O America is actively seeking talented, driven, and effective applicants for the position of Accounting Manager to join our dynamic team. We offer a challenging and rewarding work environment along with a competitive salary and an excellent benefits package.

H2O America is the parent organization of the following subsidiary companies:
San Jose Water, Connecticut Water, Maine Water, and Texas Water. We sustain life by delivering high‑quality water and exceptional service while investing in the health and vitality of the communities we serve.

Job Description

Position Overview:

This role is responsible for managing day‑to‑day accounting operations to ensure accurate preparation of financial deliverables (e.g., journal entries, reconciliations, reports, close activities) and maintain compliance across multiple jurisdictions within H2O America. The role oversees accounting staff, reviews complex reconciliations and journal entries, and serves as the primary liaison in audit processes with internal departments and external stakeholders. It also assists in developing strategies to strengthen accounting processes, enhance internal controls, support forecasting and budgeting, and minimize financial risk while ensuring internal and regulatory policy adherence.

The role balances leadership and tactical responsibilities to enable team success, requiring strong leadership, advanced accounting expertise, and strategic thinking to drive operational excellence and compliance.

Team Overview

This manager will oversee the General Ledger Accounting team. The team records, reconciles, and closes out accounts to prepare accurate financial statements and balance sheets for the H2O America enterprise, ensuring integrity and compliance. They also manage full‑cycle month‑end and year‑end closing processes (including journal entries, account reconciliations, interdepartmental coordination), while ensuring compliance with various internal and regulatory standards.

Occasional domestic travel may be required for this role to our various reporting locations.

Key Responsibilities
  • Lead day‑to‑day accounting operations to ensure accuracy and compliance across jurisdictions.
  • Oversee complex reconciliations and preparations across subsidiary and general ledgers, act as escalation point for complex discrepancies and establish standards for escalation and review.
  • Conduct reviews for complex journal entries, including accruals and adjustments, to ensure accuracy and compliance; post journal entries as needed.
  • Direct and schedule month‑end, quarter‑end, and year‑end close processes (incl. general ledger maintenance, reconciliations, adjustments, complex schedules).
  • Manage data requests from external stakeholders (e.g., actuaries, insurance representatives, insurance providers, asset holders).
  • Assist in the accurate and timely completion of regulatory filings (e.g., SEC and the public utility authority in each respective state) as needed.
  • Assist in financial forecasting, modeling, and scenario planning.
  • Manage a team of accounting staff in the production of accounting deliverables; perform hiring, mentoring, and performance decisions to build high‑performing teams.
  • Lead development and review of complex financial reports to support strategic decisions (e.g., cost reports, forecast reviews, revenue projects, grant reporting, audit documentation).
  • Prepare complex accounting deliverables when needed.
  • Develop strategies to strengthen accounting processes, enhance internal controls, and minimize potential gaps in controls.
  • Supervise complex audit procedures (e.g., develop audit plans, coordinate audit activities, prepare responses to complex inquiries); provide analysis and reports and present data as requested to various groups, including leadership.
  • Verify cost allocations are made according to company procedures.
  • Serve as primary liaison with internal departments and external agencies to present information, provide recommendations, and support coordinated fiscal operations.
  • Assist in the development of financial strategic plans as needed.
  • Lead O&M budget process and communicate analysis of actual versus budget variances to management.
  • Educate…
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