Asset Accountant

Regional Water Authority•New Haven, CT

7d•$75,416 - $105,538

About The Position

The Asset Accountant performs accounting functions related to managing the Authority’s capital asset records and works with managers to stay 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 manages capital assets throughout their lifecycle, supports capital budgeting and reporting, coordinates with project managers and contractors, and prepares year-end audit and regulatory schedules.

Requirements

Bachelor’s degree in Accounting.
5–7 years of accounting work experience.
Knowledge of utility accounting.
Ability to work independently.
Strong analytical and communication skills.
Strong MS Excel skills and proficiency with MS Office.
Must be eligible to lawfully work in the U.S. immediately; the employer will not sponsor applicants for U.S. work authorization.

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 asset and CWIP records to the general ledger, investigating and resolving discrepancies.
Coordinate with project managers to monitor project status, identify completed projects, and ensure timely transfers to utility plants in service (UPIS).
Assist with weekly funding related to capital transactions.
Update the Capital Budget.
Track project numbers and determine appropriate account numbers for new capital projects.
Prepare the Capital Authorization monthly for the Trustee.
Prepare the Capital Variance Report.
Prepare quarterly Schedule C reports on capital spending, budget versus 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.