Senior Accountant, Fixed Assets

Aquarion Water Company is the public water supply company for more than 750,000 people in 72 cities and towns throughout Connecticut, as well as serving customers in Massachusetts and New Hampshire. It is the largest investor-owned water utility in New England and among the seven largest in the U.S. Based in Bridgeport, CT, it has been in the public water supply business since 1857. Across its operations, Aquarion strives to act as a responsible steward of the environment and to assist the communities it serves in promoting sustainable practices. Aquarion Water Company is a wholly-owned subsidiary of Eversource.

Job Summary

Senior Accountant, Fixed Asset is responsible for managing and overseeing the company’s fixed assets, ensuring accurate recording, tracking and compliance with accounting standards.

Principal Responsibilities

• Preparation of plant roll forwards.
• Calculation and variance reconciliation of quarterly depreciation for each subsidiary.
• Monthly plant close and settlement processes within SAP.
• Asset creations and retirements.
• Perform analysis and reconciliation on various general ledger accounts including advances for construction and Contributions In Aid of Construction (“CIAC”).
• Review of Construction Work In Process (“CWIP”) report.
• Preparation of Allowance for Funds Used During Construction (“AFUDC”) analysis.
• Work closely with various operations groups and Engineering & Planning on progress of projects and ensuring timely closure.
• Yearly depreciation budget.
• Assist in year-end audit requests.
• Assist Rates department on various regulatory filings in each state.
• Prepare property tax declarations.
• Work with various departments on adherence to capitalization policy.
• Upload and reconciliation of plant details of any acquisitions.
  
  

Preferred Requirements

• Five years accounting experience or equivalent required.
• Extensive experience with Excel (pivot tables, VLookups, links) a must.
• Experience with SAP and Business Objects is preferred.
• Utility industry experience is preferred.
  
  

Education/Certifications

• BA or BS degree with a concentration in Accounting.
• CPA a plus.
  
  

Salary

• After 3 months of successful employment, this role will be eligible for a hybrid schedule (3 days office/2 days remote).
• Job is classified as an exempt position with an annual salary range of $95,000 - $105,000
  
  

Aquarion Water Company is an equal opportunity employer, and we prohibit discrimination based on age, color, disability, marital or parental status, national origin, race, religion, sex, sexual orientation, gender identity, military or veteran status, or any other legally protected status in accordance with applicable federal, state and local laws.