at Summit Utilities/AOG in FORT SMITH, Arkansas, United States
Job Description
Summit UtilitiesJoin our Growing Team and see why Summit Utilities, Inc was named as one of the Fastest Growing Denver Area Private Companies 2019 and 2020; Best Places to Work in Maine 2019, 2020, 2021, 2022 and 2023; and Best Places to Work in Arkansas 2020 and 2023, Oklahoma 2022 and 2023 and Missouri 2023. Summit was also recently named one of Forbes 2023 America’s Best Small Employers.
Summit is a growing natural gas utility providing safe, reliable, and clean burning natural gas service to homes and businesses in Arkansas, Colorado, Maine, Missouri, Oklahoma, and Texas. Being part of the Summit team means embracing excellence and innovation, committing to safety each and every day, and doing all that we can to serve each other, our customers, and the communities where we live. We aim to bring warmth and energy to everything we do.
We have an exciting opportunity for a Senior Regulatory Accounting Analyst. This role may be hybrid-based in one of our offices in Arkansas, Oklahoma, Missouri, or Maine.POSITION SUMMARY
Responsible for compiling and analyzing the financial data to support all monthly and annual regulatory filings for the utility companies at Summit Utilities, Inc. This role will assist accounting teams with the proper coding of transactions according to Federal Energy Regulatory Commission (“FERC”) uniform system of accounts (“USOA”) and support the Regulatory departments.
PRIMARY DUTIES AND RESPONSIBILITIES
Review financials to assess the proper recording of utility company accounting transactions per FERC USOA guidelinesPartner with the Regulatory Affairs and Regulatory Finance & Rates departments to support company initiatives for regulatory processes and rate settingCompile and validate financial data to be used in regulatory filings, including monthly and annual reports and rate case filings. Review data prepared by other analysts in response to rate case data requestsAnalyze financial data by FERC account, reviewing details for accuracy and identifying variances in historical financial results trendsReview the regulatory asset and liability balances, including cost of gas, on a monthly basis, ensuring activity in the accounts is accurate and assist with regulatory focused reconciliations. Comply with all FERC accounting requirements, guidance, policies, procedures and applicable lawsPartner with Accounting staff to ensure the correct application of FERC accounting classifications and guidelinesComplies with federal, state and local legal requirements by staying current with existing and new legislation, anticipating future legislation and advising senior management on needed actionsSupport the implementation of financial and ancillary software systems pertaining to responsible areasSECONDARY DUTIES AND RESPONSIBILITIES
Projects and other duties as assigned by the Regulatory Accounting Manager and/or ControllerEDUCATION AND WORK EXPERIENCE
Bachelor’s degree in Accounting or Finance preferredMinimum of 7 years of progressively responsible experience in a similar roleExperience in a regulated environment requiredKNOWLEDGE, SKILLS, ABILITIES
Knowledgeable and experienced in the administrative aspects of management in a corporation including assisting in setting and communicating goals, delegating, providing feedback to employees, handling employee issues, and providing employee recognition.Strong knowledge of finance and accounting, principles including Generally Accepted Accounting Principles and Federal Energy Regulatory Commission requirements.Work reqEqual employment opportunity, including veterans and individuals with disabilities.
PI284389931
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