American Water Senior Accountant in Camden, New Jersey
Founded in 1886, American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. With headquarters in Camden, NJ, the company employs over 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 46 states and Ontario, Canada. To learn more about American Water and additional career opportunities, visit www.amwater.com.
Responsible for assisting with the research of and documentation of accounting issues and new accounting standards. Also responsible for assisting with and supporting the execution of core Sarbanes-Oxley Act ('SOX') activities. Role will also include evaluation of and optimization of business processes based on financial risk and controls assessments and ensuring an effective control environment.
Research, communicate and provide technical memorandums on complex accounting transactions or accounting related issues;
Monitors standard setter activity and assist with the implementation of emerging accounting pronouncements;
Provides reporting support, information and analysis to assist in External Reporting team’s fulfillment of the Company’s quarterly and annual SEC reporting requirements
Support business process portion of annual SOX audit with internal and external auditors;
Support documentation requirements related to the internal control environment, including utilizing one or more GRC platforms and working with process owners to create and update process
documentation, flowcharts, and process risk assessments;
Participate in SOX related activities including audit planning, coordinating the annual walkthrough discussions, managing the audit request lists, and coordinating meetings as needed;
Liaise with the external/internal auditors and process owners in support of the annual audit and quarterly financial reviews of internal controls over financial reporting;
In collaboration with SOX process owners, assist in developing SOX risks, controls, and narratives/flow charts for existing and new in-scope entities or processes;
Support management in the preparation of various presentations made to the members of the Audit Committee and Senior Management;
Help provide support for the integration of internal controls into finance processes and systems to other members of the organization;
Identify areas where internal controls can be optimized (e.g., shift toward preventive automated controls);
Assists in the refinement and maintenance of the accounting/financial policies, practices, internal controls and operating procedures to ensure the integrity of the Company’s internal control structure;
Assists the Rates Support/Regulatory Operations teams in fulfilling rate case requests and analyses for filings and/or other reporting requirement reports;
Assist with the refinement and maintenance of the accounting/financial policies, practices, and internal controls;
Participate in special projects and initiatives upon management request, including those that would optimize the effectiveness of existing business applications, technologies and systems and build
efficiencies/improvements into current business processes; and
Work on ad-hoc projects as needed.
Strong technical accounting skills and advanced knowledge of U.S. GAAP, SEC Reporting and regulatory practices;
Working knowledge of internal controls, risk assessment and SOX related activities.
Working knowledge of accounting systems and software such as Microsoft office products, spreadsheet software, SAP, Hyperion or other ERP systems;
Strong written and oral communication skills with proven ability to interact effectively with internal customers, management and external professionals (i.e. auditors);
Full, end-to-end ownership of assignments including, proactively engaging appropriate members to jointly resolve issues and communicate results;
Excellent analytical, systemic and problem solving skills;
Strong interpersonal skills, with an emphasis on initiative, knowledge sharing, team building and decision making;
Knowledge and prior experience working with GRC tools, SAP or SharePoint a plus
Bachelor's Degree in Accounting or Finance required.
3+ years’ of relevant accounting experience required experience.
Prior public accounting and/or internal audit experience a strong preference.
Prior experience working in the utility industry and knowledge of regulatory accounting a plus.
Join American Water...We Keep Life Flowing*™
American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants* based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.