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Accounting Analyst - Property Accounting

Madison Gas and Electric
Madison, WI Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 3/9/2025
POSITION PURPOSE

This versatile position will perform a variety of specialized and complex duties associated with processing and analyzing accounting records in the Property Accounting/Fixed Asset department.

Duties And Responsibilities

This role involves a variety of analytical and accounting responsibilities including:

  • Reconciling and analyzing property accounting fixed asset accounts and resolving any discrepancies.
  • Preparing journal entries or project transactions to resolve issues identified during the reconciliation or analysis process.
  • Supporting monthly project cost review, including researching and correcting misapplied costs.
  • Leading departmental initiatives focused on process improvement, efficiency, and documentation.
  • Collaborating with other departments to identify, facilitate, and implement improved processes.
  • Reviewing accountant-prepared documents for completeness and accuracy.
  • Ensuring Sarbanes Oxley compliance by performing required internal control processes.
  • Updating and maintaining labor rates and overhead calculations for billing purposes.
  • Assisting with internal and external audit requests, including regulatory filings to the Public Service Commission of Wisconsin and Federal Energy Regulatory Commission (FERC).
  • Contributing to special projects as needed to achieve departmental goals.

Qualifications

Education and Experience

  • Bachelor's degree in accounting, finance, or a related field or equivalent experience preferred.
  • A minimum of two years of relevant work experience, preferably within the energy/utilities industry.

Knowledge And Skills

  • Advanced computer skills with Microsoft Excel required.
  • Knowledge of accounting or accounting skills a must.
  • Experience with software applications such as Oracle Cloud ERP and PowerPlan fixed asset software is a plus.
  • Knowledge of FERC or Generally Accepted Accounting Principles (GAAP) accounting standards a plus.
  • Demonstrates critical thinking and strong interpersonal skills to communicate effectively with team members and stakeholders.
  • Experience developing efficiency and process improvements preferred.
  • Excellent accuracy and attention to detail required.
  • Able to work well both independently and as part of a team.
  • Able to multitask, manage workloads, meet deadlines, and quickly adapt to changing priorities.

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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