Sr. Accountant – Property Acct. DH
Job Detail
Short Description:
Accountant Sr – Property Accounting
***k – ***k
Complete Description:
POSITION
CONCEPT
The Accountant Sr – Property
Accounting – The Client is responsible for the preparation, maintenance and
monitoring of activities related to property, plant and equipment (PPE), for
Tampa Electric and other Florida operations and providing guidance and
collaboration for other affiliated companies. Collaborate with the Finance team
to perform unitization of plant assets based on appropriate property record
as-builts, monitoring of in-service dates for plant assets, execute monthly
close requirements and perform research and analysis for *** Billion in
property, lant, and equipment. Assist in providing guidance and
support on regulatory efforts, process analysis, and technical fixed asset
utility accounting application to various areas of the business as necessary.
Knowledge of power plant operations with financial
acumen, including applicable
federal (FERC) and state (FAC) utility regulations, and fixed asset subledger
(PowerPlan) and enterprise resource planning (SAP) systems in a regulated
utility environment are strongly preferred.
PRIMARY DUTIES AND RESPONSIBILITIES
1.
Account for plant assets in
accordance with generally accepted accounting principles (GAAP) and Federal
Energy Regulatory Commission (FERC) rules by independently
analyzing capital work orders, ensuring Sarbanes-Oxley controls and FPSC
Standard List of Retirements Units criteria are met. Record, analyze, and monitor plant activity
in timely unitization of Capital work orders.
Apply judgment in interpreting work order charges for accuracy of spend
and confirming Work Management Systems tasks are closed and all charges have
ceased. Prepare manual asset transfer
and retirement journal entry transactions when required. (40%)
2.
Communicate effectively and train field team members and other
users on property accounting policies, procedures, and processes, particularly
those related to Capital vs. O&M guidance and the property asset accounting
system. Respond to various internal and
external data requests, including requests related to financial and regulatory
reporting requirements. (10%)
3.
Use seasoned judgment in properly accounting for new TEC assets
and material stock items added to Client's inventory. Appropriately classify, code, and assign the
new assets to the related systems. (10%)
4.
Responsible for the preparation and delivery of actual and
forecasted property, plant and equipment accounting information for use in
business planning models, surveillance reports and cost of service models.
(10%)
5. Perform
month-end closing of Work Order AFUDC Calculations, Asset Unitizations, Asset
Retirements and Asset Retirement Obligation Calculations and Depreciation
Expense Calculations. (10%)
6. Perform the fixed asset accounting
compliance requirements for maintaining FERC Continuing Property Records,
Capitalization Policy per the CFR Uniform System of Accounts, FAC Rule 25-6,
GAAP SOX Controls, Internal and External Audits.
(10%)
7. Support
the Supervisor with master data management to include reconciliation of PP MX
location error resolution, adding new Asset locations, and clearing failed
101/106 work order activity after month close. Assist the Supervisor with TEC PPE audit
selections research, documentation, and submittals. (10%)
SUPERVISION
Direct: None
Indirect: Provides
expert guidance to Finance, Regulatory, Operating and IT team members related
to property, plant and equipment, regulatory, other accounting and systems
supporting these functions.
RELATIONSHIPS
Key
Internal: Interacts with management and team members
at all levels of TEC, including but not limited to business units Engineering
& Construction, Operations, Regulatory Property Accounting, and Tax.
Key External: Regulators (such as FPSC and
FERC), External Auditors, the IRS, Consultants, Contractors, Industry
Associations and Vendors.
QUALIFICATIONS
Education:
Required: Bachelor's Degree in Accounting, Electrical
Engineering or directly related field from an accredited college/university.
Preferred: Master's degree in Accounting, Electrical Engineering or related field from an
accredited college/university.
Licenses/Certifications
Preferred: CPA/PE
Related
Experience
Required: 4
years of related Finance/Accounting and/or Engineering experience.
Preferred: Experience in a regulated utility in power
generation, distribution and transmission engineering or utility property,
plant and equipment accounting, in progressively more complex
assignments and 2 years in a senior level or lead role. Experience
with PowerPlan, Work Management Systems and Microsoft applications.
Experience with FERC accounting,
Code of Federal Regulations, Florida Administrative Code, and Florida Public
Service Commission Standard List of Retirements.
Knowledge/Skills/Abilities
(KSA)
Required: High level of technical,
analytical ability and detailed knowledge of production, transmission,
distribution, substation and energy control equipment and/or strong
understanding of GAAP or FERC accounting, property, plant and equipment,
depreciation, retirements or related accounting concepts.
Proficiency
in Microsoft Office applications. Self-motivated
and detail oriented with advanced analytical and organizational skills. Works
autonomously with little to no supervision and performs well in a deadline
driven environment. Demonstrates exceptional judgment and uses best practices
to improve processes. Resolves complex problems or where precedent does not
exist. Demonstrated leadership in guiding other team members within the
department. Excellent oral and written communication skills.
Preferred: Advanced knowledge of software
systems such as SAP, PowerPlan, WORKPro and Workman.
LEADERSHIP
COMPETENCIES
·
Speaks up on Safety, Health and the
Environment
·
Takes Ownership and Acts with Integrity
·
Drives Operational Excellence for
Customers
·
Builds Strong, Collaborative
Relationships
·
Develops People and Teams
·
Cultivates Innovation and Embraces
Change
·
Thinks Strategically and Exercises Sound
Judgment
WORK CONDITIONS
Most work performed in an office
environment, but occasional travel to operating locations is required.