What are the responsibilities and job description for the Accountant I-Plant Accounting position at ugiutilitt1.valhalla.stage?
UGI Utilities, Inc. is a natural gas and electric utility company committed to delivering reliable, safe and affordable energy to our 700,000 customers in 45 counties in Pennsylvania and 1 county in Maryland. We pride ourselves on being a responsive, engaging energy company. The foundation of our success lies in the strength of our 1,700 plus employees who strive to exceed the expectations of our customers and the communities we serve every day.
We offer comprehensive benefits, some of which are:
- medical, prescription, dental, vision, life insurance
- disability plans
- 401(k) matched savings plan
- paid vacation
- company stock purchase program
- wellness programs
- tuition reimbursement
- paid parental leave
- paid volunteer time
- adoption assistance
Job Summary
The Accountant I - Plant is responsible for preparing and maintaining records to support the Company’s plant balances. This includes releasing of work orders within the capital forecasting tool, correspondence with operational personnel related to assets, preparation of monthly closing entries, recording of assets and retirements, completion of monthly account reconciliations, and variance analysis on plant-related account balances.
Duties and Responsibilities
- Monthly Close:
- Prepare of standard and non-recurring journal entries associated with plant balances.
- Complete account reconciliations.
- Complete and document SOX controls associated with plant process.
- Perform PowerPlan close processes.
- Prepare balance sheet variance analysis for plant accounts.
- Respond to auditor requests associated with areas of responsibility.
- Assist with Political Action Committee (PAC) by providing PAC accounting services through the role of the Assistant Treasurer (As needed).
- Evaluation of Capital Projects (CWIP/Jobbing/PS&I):
- Monitor outstanding CWIP balances.
- Follow up with project managers related to long-outstanding balances or unusual adjustments.
- Correspond with project managers, operations and/or the marketing department related to short-term jobbing, preliminary project costs, and customer contributions, ensuring the appropriate tracking and timely capitalization of such amounts.
- Prepare journal entries to transfer projects between categories (i.e. jobbing and PS&I to capital work orders, order to order adjustments, etc.), including related overheads.
- Release Orders:
- Release orders within SAP for new projects and reauthorizations.
- Complete review of this projects, to include the following:
- Appropriate approval in line with the Company’s DOA policy.
- AFUDC flag.
- Appropriate nature of the project (i.e. capitalizable).
- Set up of estimate for allocation of costs between plant accounts.
- Record Retirements & Unitize Projects:
- Receive completion notices from project managers.
- Record final assets in the company’s plant records based on the completion notices received and/or information from the GIS department.
- Record retirements of existing assets based on completion notices received.
- Follow up with project managers on completion notices not received in a timely manner.
- Process Improvements (Reducing Risk and Manual Processes):
- Perform testing of system developments in areas of responsibility.
- Assist in identifying opportunities where risk and manual process can be reduced in areas of responsibility.
- 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 PowerPlan systems preferred.
- Strong Excel skills.
- Ability to independently research and resolve issues, presenting potential solutions to management.
- Experience with SAP and/or PowerPlan utility fixed asset system preferred.
Education and Experience
- Bachelor’s degree in accounting or related field preferred.
- 1 - 2 years’ experience preferred.
UGI Utilities, Inc. is an Equal Opportunity and Affirmative Action Employer. As such, the Company abides by the requirements of the Executive Order 11246, 41 CFR 60-741.5(a), and 41 CFR 60-300.5(a). The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, 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.