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Manager of Gross Margin Regulatory Accounting

Connecticut Water
Saco, ME Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 6/4/2025

We have an opening in our Accounting and Finance department for a Manager of Gross Margin Regulatory Accounting . We are passionate about the environment while delivering life sustaining, high quality water service to families and communities. We embrace progress, provide training & development to inspire success in every aspect of our business and culture. In addition, we provide a competitive benefits package and 401(K).

This is a hybrid work opportunity. The Company feels that three shared days in the office and two days with the option of working remotely allows for both collaborative time and quiet space for deep work. Eligible employees for hybrid work are required to work in the office on Tuesdays, Wednesdays, and Thursdays . There may be a need for additional office days based on specific business requirement.

Job Description

Under the general direction of the Assistant Controller, Utility Accounting, the Manager of Gross Margin & Regulatory Accounting is responsible for the accounting and analysis related to SJW Group revenues and production costs across all states.

This position is distinguished by direct overall supervisory responsibility for the day-to-day activities of professional staff performing a wide variety of complex financial, accounting, reporting, technical accounting and regulatory analysis.

Key Responsibilities :

  • Responsible for the accounting and analysis related to revenues and production costs across all states.
  • Manage regulatory accounting, understand state-specific requirements, implement rate case decisions, and oversee current regulatory mechanisms.
  • Responsible for the month-end close of gross margin and water accounting, including unbilled revenue, as well as analysis, internal and external audits, financial reporting, and special projects.
  • Manage a multi-state team. Recruit, hire, train, develop and conduct performance evaluations.
  • Prepare various detailed monthly reports analyzing all changes in revenue and production costs; including detailed price / volume analysis, impacts of rate filings, usage, customer growth and weather.
  • Support rate case proceedings, including the preparation of filing schedules, responding to data requests, and participate in testimony, as required.
  • Work closely with FP&A to support budgeting and forecasting activities related to gross margin and regulatory accounts.
  • Collaborate with cross-functional teams to provide insights on gross margin performance.
  • Establish, document, and maintain controls, policies and procedures.
  • Support and provide oversight for applicable SOX controls.
  • Assist in research guidance, prepare accounting memos, and work with external auditors to align key areas.
  • Assist in the implementation of new accounting standards.
  • Support special projects and workflow process improvements.

Minimum Qualification

  • A bachelor's degree in a related field such as Accounting or Finance. Master's degree in a related field and / or a CPA a plus.
  • Strong knowledge of U.S. generally accepted accounting principles and internal controls.
  • Five years professional level accounting experience.

  • Diversified experience with financial accounting systems, spreadsheets and database software is desirable. Advanced Excel skills.
  • Solid knowledge of integrated financial systems, and how they relate to both the overall infrastructure and reporting for enhancing decision-making. Experience with upgrading or implementing new accounting systems a plus.
  • Experience managing a team in multiple locations is a plus.
  • Relevant experience in the utility industry is required.
  • Exceptional analytical and reasoning skills combined with strong intellectual curiosity.
  • Exceptional planning and organization skills.
  • Proactive approach to problem identification and collaborative solutions, as well as excellent written and oral communication skills, including the ability to interact and build relationships across all levels of the organization.
  • Ability to work independently, complete work timely, and work well as a team member.
  • Meticulous and superior attention to detail.
  • Compensation Type

    Annual Salary

    Compensation Range

    Grade 10 - Salary

    118,116.00 - 212,568.00

    Primary Work Location

    93 West Main Street

    Clinton, Connecticut, 06413

    United States

    Work Environment and Physical Demands Code

    I - Indoor

    EEO Statement Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, pregnancy, gender, gender identity, sexual orientation, marital status, protected veteran or other status protected by federal, state, and local laws.

    Salary : $118,116 - $212,568

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