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Accountant - Property Accounting

Madison Gas and Electric
Madison, WI Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 3/9/2025
Purpose And Use

Under general supervision, positions in this classification provide support to financial aspects of MGE by setting up, verifying, maintaining, and retiring fixed assets and preparing billings when Company property is damaged.

Examples Of Work Performed

  • Manages mass or specific asset records by assigning the asset to the appropriate account, creating target allocations for asset cost assignments, and processing asset retirements using the PowerPlant software.
  • Ensures accuracy of job orders by verifying there are charges for all assets utilized, matching the charges to what was installed and verifying there are close dates on all job orders.
  • Ensures appropriate allocation of assets to various lines of business by reviewing accounting records. Ensures all allocations meet business and regulatory requirements.
  • Creates manual project transactions and general ledger journal entries in Oracle ERP as needed to represent financial statement transactions.
  • Summarizes data for support pages used to prepare MGE's external financial filings with the Securities Exchange Commission, Federal Energy Regulatory Commission, and the Public Service Commission of Wisconsin.
  • Handles miscellaneous billings when customers damage MGE property by preparing bills and reconciling accounts related to the billings.
  • Maintains financial security by following internal accounting controls.

Qualifications

Education and Experience:

  • A two-year degree in Accounting, or equivalent work experience as determined by Management.
  • Experience within the utility or other regulated industry preferred.

Knowledge, Skills, And Abilities

  • Ability to communicate effectively and establish effective working relationships with employees and customers.
  • Attention to detail.
  • Accurate 10-key skills.
  • Knowledge of computers including Microsoft Excel and Access.
  • Solid organizational skills.
  • Time management skills.
  • Ability to work well as part of a team.

About The Organization

About MGE

MGE generates and distributes electricity to 163,000 customers in Dane County, Wisconsin, and purchases and distributes natural gas to 176,000 customers in seven south-central and western Wisconsin counties. MGE is a regulated utility subsidiary of the investor-owned public utility holding company MGE Energy, Inc. MGE's roots in the Madison area date back more than 150 years.

An Industry Leader, MGE Was Among The First Utilities Nationwide To Commit To Net-zero Carbon Electricity By 2050, Consistent With Global Climate Science. Your Community Energy Company Is Investing In a More Sustainable Future For The Benefit Of All Our Customers, Investors, And Employees. As Your Community Energy Company, We Are Committed To This Area And Its People. We Take Responsibility To

  • Plan and provide a safe, reliable, and cost-effective energy supply that balances the needs and values of those we serve.
  • Provide information and education to serve our customers and stakeholders and help inform their energy decisions.
  • Preserve and protect our environment while providing affordable, reliable energy.
  • Encourage and support economic and business development to keep our economy strong and vibrant.
  • Engage in open and honest dialogue, partnership, and collaboration to best serve our customers and the broader community.

Our Values

  • Safety: Safety is a core value at MGE. The safety of our employees, customers, and communities is our top priority. Our culture initiatives continuously improve our safety performance. MGE has earned numerous safety awards for this safety performance, including the AGA Leading Indicator Safety Award.
  • Reliability: We invest in our people and in our systems to help ensure top-ranked energy reliability that helps to maintain the economic health and vitality of the communities we serve. MGE is a national leader in electric reliability.
  • Sustainability: With a commitment to transparency, accountability, and continuous improvement, we take a holistic and proactive approach to sustainable practices company-wide.
  • Equity: We are committed to equity and inclusion in our service to our customers, in our workplace, and in our broader community, and we value diverse perspectives, ideas, cultures, and backgrounds.

MGE's parent company is MGE Energy, Inc., a public utility holding company. Its common stock trades on the NASDAQ Stock Market. For more information, visit mge.com and mgeenergy.com.

JOB LOCATION

The position is hybrid, and office days are in downtown Madison, Wisconsin, where MGE is an active participant in community efforts to preserve the area's extraordinary quality of life. We offer free, on-site parking and are located near biking trails and bus stops. Many employees enjoy the use of our many on-site EV charging stations.

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