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Axelon Services Corporation
AccountantAxelon Services Corporation • Newark, NJ
Accountant

Accountant

Axelon Services Corporation • Newark, NJ
9 days ago
Job type
  • Full-time
  • Quick Apply
Job description

Location: Newark, NJ
Duration: 12 Months

Responsibilities:

  • Record, review, and analyze utility construction and fixed asset transactions for proper GAAP and FERC financial statement recording, reporting, and rate recovery of Property, Plant & Equipment Investments and related accounts.
  • Develop fixed asset analyses, special reports, and perform General Ledger reconciliation and analysis utilizing the Power Plant Fixed Asset System.
  • Support Utility Finance in developing 5-year plans, annual budgets including annual depreciation and amortization models.
  • Provide support for regulatory Base Rate Cases, Special Infrastructure, and other regulatory filings as well as other ad hoc reports and analyses for internal and external clients, including BPU independent monitors.
  • Support all internal and external audit requests and reviews. Develop Power Plant reports and queries. Collaborate with Power Plant Support, IT, and Financial Systems Support to optimize the system and implement system and process improvements. Perform ad hoc projects as necessary.
  • Provide support for schedules and disclosures required for inclusion in the company's annual Form 10K and quarterly 10Q's as filed with the Securities & Exchange Commission.
  • Prepare schedules and disclosures required for inclusion in the company's annual FERC Form 1 as filed with the Federal Energy Regulatory Commission and other filings with government oversight agencies.
  • Ensure compliance with the company's Sarbanes-Oxley internal control environment.
  • Conduct actual vs. prior year analytics on various Income Statement and Balance Sheet accounts.
  • Provide support to the External Reporting Department to complete 10Q/K Notes, MD&A, and Press Release Attachments.
  • Support the Actual vs. Plan variance process by preparing monthly financial reports and analysis and supporting schedules provided monthly to senior management.
  • Coordinate internal and external audit requests.
  • Perform all necessary account analyses and reconciliations.
  • Engage in ad hoc special projects.
  • Interact with business leaders and associates and work collaboratively in a team environment.

Requirements:

  • Bachelor’s degree in Accounting, or CPA designation with a degree in a related field.
  • Minimum 5 years of relevant accounting experience.
  • Knowledge of SAP.
  • Demonstrated accounting skills, PC skills, written and verbal communication skills, and analytical abilities.
  • Advanced Excel skills utilizing V-lookup, pivot tables, and advanced formulas.
  • Demonstrated ability to work independently, accomplish tasks and resolve issues with a sense of urgency under tight timelines.

Preferred Skills:

  • Utility property accounting knowledge.
  • Knowledge of the Power Plant fixed asset system.
  • CPA and/or advanced degree.
  • SAP experience in financial statements preparation and analysis.
  • Process automation experience.
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Accountant • Newark, NJ

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