Asset Accountant

Regional Water Authority•New Haven, CT

About The Position

The Asset Accountant performs accounting functions related to managing the Authority’s capital asset records and works with managers to keep current on capital projects. The position maintains two asset databases, develops asset management policies, participates in in-house capital project teams, researches historical records, and performs current-year capital asset functions. The role supports the South-Central Connecticut Regional Water Authority (RWA), a not-for-profit public corporation serving nearly 430,000 consumers and stewarding more than 28,000 acres of land.

Requirements

Bachelor’s degree in Accounting.
Five to seven years of accounting work experience.
Knowledge of utility accounting.
Ability to work independently.
Strong analytical and communication skills.
Microsoft Office skills, including strong Excel skills.
Must be eligible to lawfully work in the U.S. immediately; the employer will not sponsor U.S. work authorization for this opportunity.

Responsibilities

Manage capital asset accounting throughout the asset lifecycle, including construction work in progress (CWIP), capitalization, transfers, retirements, and depreciation.
Manage the Great Plains fixed asset module for both the UPIS and PILOT records.
Reconcile capital assets and CWIP records to the general ledger and investigate and resolve discrepancies.
Coordinate with project managers to monitor project status, identify completed projects, and ensure timely transfers to utility plants in service (UPIS).
Assist in weekly funding related to capital transactions.
Update Capital Budget Project number tracking, including determining appropriate account numbers for new capital projects.
Prepare the Capital Authorization for monthly submission to the Trustee.
Prepare the Capital Variance Report.
Prepare quarterly Schedule C reports on capital spending, comparing budget to actual.
Review pipe sheets provided by contractors.
Work with Contracts on Developer Pipe Projects to obtain certification of RWA ownership of assets.
Prepare year-end schedules for audit and regulatory reporting.
Prepare the annual contributions-in-aid-of-construction amortization entry.
Develop fixed asset policies and procedures.
Perform accounting functions related to special projects as necessary.
Research historical records related to asset acquisition.
Monitor cash flow related to asset acquisition.