What are the responsibilities and job description for the Accountant II position at UGI Utilities, Inc.?
Requisition Number: 28229
At UGI Utilities, Inc. we believe in providing a superior range of energy products and services to our customers in a safe, affordable manner. As our energy needs evolve, UGI will be there providing safe and reliable service that brings warmth and comfort to our 750,000 customers in 45 counties in Pennsylvania and 1 county in Maryland.
We strive to reflect the communities we serve by attracting and retaining top talent, while maintaining a diverse workforce that embraces our culture of safety, service, and integrity. As an employee of UGI Utilities, you can expect a competitive total compensation plan and comprehensive benefits. Employees work in a collaborative environment, have upward mobility opportunities, and the ability to enjoy a true work life balance.
To learn more about UGI's workplace culture, sustainability efforts, and commitment to inclusivity, we invite you to visit our UGI Corporate sustainability page .
Apply to UGI Utilities today to share in our mission and support countless neighbors, friends, and families in providing best-in-class products and services
Job Summary
The Fixed Assets and Plant Accountant II is responsible for preparing and maintaining records to support the Company's fixed asset (plant) balances. This includes preparation of monthly closing entries, recording of assets and retirements, correspondence with operational personnel related to capital projects, preparation of plant reporting for management and regulatory agencies, and drafting of plant-related budgets and forecasts.
*Duties and Responsibilities*
Monthly Close and Related Processes:
Prepare standard and non-recurring journal entries associated with plant balances.
- Prepare accrual journal entries associated with accounts payable.
- Complete accruals for capital projects, corresponding with project managers to ensure completeness of capital accruals for the period.
- Complete account reconciliations.
- Complete and document SOX controls associated with plant process.
- Perform PowerPlan (fixed asset software) close processes.
- Prepare balance sheet and income statement variance analysis for plant accounts.
- Respond to auditor requests associated with areas of responsibility.
Review and input Finance and Operating Leases into the Company's leasing software.
Capital Projects Management:
Monitor outstanding CWIP balances.
Follow up with project managers related to long-outstanding balances, transfers, and unusual adjustments.
Plant Accounting Technology:
Serve as the departmental specialist related to EAA fixed asset sub-ledger.
- Work with internal SAP and EAA resources to improve processes associated with creating, unitizing, and retiring capital projects.
Perform testing of revised processes and enhancements for PowerPlan.
Reporting:
Prepare capital-related summaries for monthly finance meetings and quarterly financial statement support.
- Prepare capital-related schedules for regulatory reports.
Prepare capital-related schedules for rate case filings.
Budgeting & Forecasting:
Prepare annual depreciation and AFUDC budgets (with updated forecasts as requested by management).
Work with outside consultants to evaluate and complete annual depreciation studies and/or service life studies.
Prepare and present ad hoc analysis related to capital items, as requested by management.
- Perform other duties as requested.
Knowledge, Skills And Abilities
- Understanding of accounting principles associated with plant accounting, including regulatory accounting principles.
- Ability to communicate effectively with those at various levels within the organization.
- Experience with SAP and/or EAA systems preferred.
- Ability to independently research and resolve issues, presenting potential solutions to management.
- Strong Excel skills.
*Education and Experience*
- Bachelor's degree in accounting or related field.
- Minimum of 3 years of job-related experience.
UGI Utilities, Inc is an Equal Opportunity Employer. The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, sexual orientation, veteran status, or any other legally protected class in its practices.
Successful applicants shall be required to pass a pre-employment drug screen as a condition of employment, and if hired, shall be subject to substance abuse testing in accordance with UGI policies.
As a federal contractor that engages in safety-sensitive work, UGI cannot permit employees in certain positions to use medical marijuana, even if prescribed by an authorized physician. Similarly, applicants for such positions who are actively using medical marijuana may be denied hire on that basis.