Manager, Accounting

natgridProd•Waltham, MA

1d•$127,000 - $179,000•Hybrid

About The Position

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. About the Role The Manager, Work Order Life Cycle is responsible for managing accurate recording and reconciliation in PowerPlan and SAP of all constructing work in progress (CWIP) and retirement work in progress (RWIP) for the individual Operating Companies. Accountable for effectively facilitating the asset life cycle process from installation to retirement. Reports to the Director, Plant Accounting and manages work orders and reconciliation of plant accounting transactions.

Requirements

Bachelor’s degree, Master’s Preferred in Accounting, Finance or Business Administration, minimum of 7 years of progressive work experience in a fixed asset accounting environment
Possesses a solid understanding of federal, state and municipal utility regulations and policies
Knowledge of general ledger platforms
Proficient in Excel, Word, PowerPoint and other MS Office applications
Knowledge and/or exposure to Maximo, STORMS, SAP and other work management systems
Prior experience managing a team with the ability to build effective working relationships while providing support.
Demonstrated ability to implement new processes, technologies, and operating models and lead a team from training to implementation
Able to assess business issues, define the process, and develop resolutions
Possesses above average analytical skills and organizational management skills
Possesses good interpersonal skills and team working capabilities
Capital and fixed asset accounting
Process centric operations
Utility industry accounting
US GAAP policy and procedures
Sarbanes-Oxley policy and procedures

Nice To Haves

Knowledge and/or experience using PowerPlan preferred
Experience supervising represented employees a plus.

Responsibilities

Lead the process and system improvement efforts within the team. This will involve planning out initiatives and coordinating with the appropriate resources to execute those plans. This will also involve leveraging the appropriate tools such as AI and bots to achieve objectives.
Manages requests received from the business through the clerical teams SharePoint site to ensure requests are processed timely and appropriately.
Identifies process and system improvements to continually reduce the number of requests the team receives as well improve the turn around time of requests.
Monitors and reviews requests submitted from Operating Companies to identify discrepancies
Manages activities across multiple Operating Companies to properly record and reconcile asset information associated with up to 100,000 construction work in progress (CWIP) orders received annually and account for the correlating retirement work in progress (RWIP).
Monitors and reviews information submitted from Operating Companies to identify financial errors or clerical discrepancies.
Conducts period analyses of CWIP in PowerPlan to troubleshoot errors or impediments resulting in delaying CWIP to movement to plant in service (PIS) status.
Performs analyses around asset additions and retirements to ensure accuracy.
Coordinates with other Managers to communicate with internal stakeholders and provide support to ensure National Grid delivers against service level agreements.
Processes financial reconciliations and provides feedback to Process & Analytics in order to ensure accurate reporting.
Ensures the accuracy and validity of manual entries prepared by the clerical staff for CWIP.
Coordinate with the Manager, Process & Analytics to ensure journal entries are entered for month-end close and reporting purposes.
Support/Supervise the clerical staff in the review of work orders and Automatic Review for Closing (ARC) errors/ utilization errors with the ability to troubleshoot errors and apply corrections.
Supervise a culturally diverse workforce through coaching, counseling, and team building to ensure tasks are carried out in an efficient manner and individual professional growth is developed. This staff includes both analysts as well as clerical team members.
Exercise independent judgment in managing daily operations and resolving issues while remaining accountable for all actions to next-level management.
Ensures proper support to meet business requirements of financial and non-financial controls.
Manages Month End close activities within PowerPlan.
Responsible for PowerPlan table maintenance including managing system updates to PowerPlan.
Provides capitalization guidance to the business through the capital ruling process.