Associate, Accountant

American Water•Camden, NJ

8d•$28 - $33•Hybrid

About The Position

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 consolidation process and provides reporting support and other services to the External Reporting, Financial Analysis and Decision Support, Budgeting and Internal Reporting, Tax and Rates Support/Regulatory Operations teams.

Requirements

Knowledge of U.S. GAAP and the ability to apply principles and practices to accounting matters.
Knowledge of Microsoft Office products (Excel, Word, PowerPoint); knowledge of advanced Microsoft Excel functionalities (i.e. pivot and look-up tables, etc.) a plus.
Strong written and oral communication skills with proven ability to interact effectively with internal customers and external professionals (i.e. auditors).
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.
Two to four years of relevant experience required
Bachelor’s Degree in Accounting or Finance required.

Nice To Haves

Knowledge and prior experience working with SAP, PowerPlant, Hyperion, Trintech/Assurenet, SharePoint a plus.
Prior public accounting, corporate and/or multi-subsidiary company experience a plus
One to three years prior experience in the utility or shared service a plus

Responsibilities

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.
Participates in the annual audits (both the consolidated and subsidiary audits) and 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 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 matters and assistance in interpreting and analyzing financial results.
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.
Assists in the refinement and maintenance of the accounting/financial policies, practices, internal controls and operating procedures to ensure the integrity of the Company’s internal control structure.