Accounting Manager, Gross Margin & Regulatory

Connecticut Water•Magnolia, TX

10d

About The Position

H2O America is seeking an Accounting Manager, Gross Margin & Regulatory to manage day-to-day accounting operations and ensure accurate financial deliverables and compliance across multiple jurisdictions. The role oversees accounting staff, reviews complex reconciliations and journal entries, coordinates financial close activities, and serves as a primary liaison during audits with internal departments and external stakeholders. It balances leadership with hands-on accounting work and supports forecasting, budgeting, internal controls, risk reduction, and adherence to company and regulatory policies. The position is part of the Gross Margin & Regulatory Accounting team, which analyzes and reports revenue, cost of goods, and gross profit, monitors margins and variances, and oversees accounting for regulatory assets and liabilities. It works with regulatory teams to meet national and local financial reporting standards. Occasional domestic travel may be required, and occasional evening and weekend work is required to meet deadlines or address emergencies. Locations listed are Magnolia, Texas; Cromwell, Connecticut; Saco, Maine; and San Jose, California. Salary ranges vary by location: Texas, $98,861–$177,972; Connecticut and Maine, $124,022–$223,196; California, $130,674–$235,234.

Requirements

Bachelor’s degree and/or 10+ years of relevant professional experience with progressively increased levels of responsibility.
Hold relevant certifications required for the team’s needs or directed by management.
Demonstrated experience leading technical or cross-functional teams.
Expertise in GAAP and bookkeeping best practices.
Strong expertise in general ledger, journal entries, and account reconciliations.
Experience leading audit processes and preparing relevant documentation.
Experience in budget development, monitoring, and forecasting.
Expertise in financial data analysis and providing actionable insights into complex anomalies.
Deep understanding of tax compliance, internal controls such as SOX, and regulatory reporting requirements.
Proficiency in Microsoft Office, such as Excel.
Proficiency in ERP/accounting systems, such as Oracle.
Strong stakeholder engagement and project management skills.
Strong research, analytical, and organizational skills.
Excellent communication and leadership skills.

Nice To Haves

CPA license.

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 an escalation point for complex discrepancies and establish escalation and review standards.
Review complex journal entries, including accruals and adjustments, post journal entries as needed, and ensure accuracy and compliance.
Direct and schedule month-end, quarter-end, and year-end close processes, including general ledger maintenance, reconciliations, adjustments, and complex schedules.
Manage data requests from external stakeholders, including actuaries, insurance representatives and providers, and asset holders.
Assist with the accurate and timely completion of regulatory filings, including SEC and state public utility authority filings, as needed.
Assist with financial forecasting, modeling, and scenario planning.
Manage accounting staff and their production of accounting deliverables; hire, mentor, and make performance decisions.
Lead the development and review of complex financial reports, including cost reports, forecast reviews, revenue projects, grant reporting, and audit documentation.
Prepare complex accounting deliverables as needed.
Develop strategies to strengthen accounting processes, enhance internal controls, and minimize potential control gaps.
Supervise complex audit procedures, including developing audit plans, coordinating auditor activities, and preparing responses to complex inquiries.
Provide analysis and reports and present data to groups, including leadership.
Serve as primary liaison with internal departments and external agencies to present information, provide recommendations, and support coordinated fiscal operations.
Assist with development of the financial strategic plan as needed.
Educate managers in the development and analysis of departmental budgets.
Support obtaining new long-term debt, including responding to inquiries, as needed.
Educate stakeholders and senior leaders on complex accounting topics and financial insights to inform strategic decision-making.
Support the development and interpretation of company accounting compliance and controls, including SOX 404 requirements.
Develop and maintain relationships with vendors, staff, and stakeholders to support organizational objectives.
Assist with implementation of software and system upgrades as needed.
Oversee daily data integrations between enterprise accounting systems, such as PowerPlant and JDE E1, as needed.
Manage organizational cash-management tools and perform other treasury and cash-management functions, including initiating and/or approving wires, as needed.
Recommend process improvements to increase efficiency.
Perform other duties or special projects as required or assigned.
Complete occasional evening and weekend work to meet deadlines or address emergencies as needed.
Travel domestically occasionally, if required.