Accounting Analyst

NW Natural; Portland (OR); On-site; USD 98,000 - 140,000; Full time

Job summary

NW Natural in Portland, Oregon is seeking an Accounting Analyst to join a senior accounting team responsible for accurate accounting and reporting of gas reserves, storage facilities, and regulatory accounting.

You will handle journal entries, month-end close, variance analysis, and prepare materials for management and regulatory filings, while collaborating across departments and with external auditors.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• CPA license preferred.
• Minimum five years accounting experience in utilities or regulated industry.
• Strong GAAP knowledge in complex business environments.
• Experience in regulatory accounting and reporting preferred.
• SAP experience strongly preferred.
• Advanced Microsoft Excel proficiency.

Responsibilities

• Perform journal entries and month-end close activities.
• Prepare reconciliations and perform SOX controls for reporting.
• Analyze results against budget and prior periods.
• Support external audits and regulatory reporting.
• Prepare materials for monthly management meetings.
• Serve as primary accounting contact for gas reserves and storage accounting.

Skills

GAAP knowledge

Financial analysis

Regulatory accounting

Communication

Education

Bachelor's degree in Accounting or Finance

CPA license preferred

Tools

SAP

Microsoft Excel

Accounting systems

Job description

Accounting Analyst

Non-Union Position
Gas & Regulatory Accounting Staff; Portland,Oregon (US-OR)

Hybrid schedule available for Oregon & Washington residents.
Regular FT, Exempt
Posting # 5690

About Us

At NW Natural, we offer more than rewarding career opportunities and a vibrant, inclusive work culture. We invite you to join us in providing safe and reliable utility services and renewable energy to better the lives of the communities we serve. Our vision is to be the leader in service excellence, innovation and environmental stewardship for our customers, while building on our strengths as a trusted energy provider and environmental leader for our industry.

In addition to environmental stewardship, we're also deeply committed to Diversity, Equity and Inclusion at NW Natural. Our DEI Council started 21 years ago, and today we continue to foster a culture where all employees can experience a sense of belonging, shared purpose and possibility.

NOTE: This hybrid position is based at our headquarters in downtown Portland, Oregon. Candidates must reside within commuting distance of the office or be willing to relocate to the Portland metropolitan area. Employees are required to work onsite Tuesdays through Thursdays each week, with remote work flexibility on Mondays and Fridays, subject to business needs. This schedule supports collaboration, connection, and team engagement while providing flexibility for focused remote work.

Position Summary

As a senior accounting analyst, you will be part of a high-performing and collaborative team responsible for accurate accounting and reporting of significant financial transactions. This role supports accounting and reporting for NW Natural's investments in natural gas reserves, natural gas storage facilities, and regulatory accounting and reporting.

Your general responsibilities include journal entries, report preparation and analysis, forecasting, and presentation of results to management and other departments. You will serve as the accounting department's primary contact for these subject areas and as a technical resource for internal and external stakeholders.

This is an opportunity to draw on your strong accounting and analytical experience and financial modeling skillset to both ensure accuracy and make process improvements over time.

Essential Duties & Responsibilities

General Tasks

• Contributes to a strong team environment.
• Performs other duties and special projects, as assigned, to support departmental objectives.
• Supports NW Natural's commitment to a culture of safe work practices.
• Participates in month-end close by recording journal entries and accruals for segment activity
• Analyzes results against budget and prior periods and provides variance analysis to management.
• Prepares account reconciliations and performs SOX controls to ensure accurate financial reporting.
• Compiles specific information for the Company's SEC financial statement disclosures.
• Provides support for both internal and external audits
• Identify and implement process improvements

Gas Reserves Accounting

• Manages the monthly gas reserves accounting process, working regularly with a joint venture partner to obtain and record relevant transactions.
• Functions as the primary contact for an annual audit of the investment.
• Supports an annual reserve study and incorporates study results in annual forecasts.
• Prepares materials for monthly management and periodic subsidiary board meetings.

Gas Storage Facility Accounting

• Prepares and presents monthly reporting packages to management, including reviewing and interpreting information from multiple departments.
• Partners with the Rates team to develop annual forecasts and budgets
• Serves as a subject matter expert for storage accounting and provides recommendations and guidance

Regulatory Accounting and Reporting

• Supports state regulatory filings and strategies in conjunction with accounting leadership and the Regulatory Affairs team, including preparation and coordination of accounting information for rate case filings and data requests
• Coordinates the preparation of the annual FERC Form 2 filings and other regulatory filings for state utility commissions
• Assists in implementing new regulatory accounting guidance in day-to-day activities

Qualifications

Education & Credentials

• Bachelor's degree in Accounting or Finance required
• CPA License preferred

Experience

• Minimum five years of accounting experience, preferably in the utility or another regulated industry
• Analyzing and applying GAAP in a complex business environment
• Supporting regulatory accounting and reporting activities preferredFinancial reporting and analysis

Technical Skills

• SAP experience strongly preferred.
• Advanced Microsoft office proficiency, with focus on excel
• Experience researching and documenting accounting matters.

Professional Competencies

• Strong analytical and critical thinking skills
• Combines attention to detail and accuracy with envisioning the big picture
• Excellent written and verbal communication skills
• Ability to present technical information to diverse audiences, including executive leadership
• Proven ability to manage multiple priorities proactively and meet deadlines
• Ability to work independently and collaboratively across departments
• Outstanding ethical standards consistent with company policies, procedures, and practices

What we offer

Health & Wellness

• Rich health insurance benefits with competitive employer contribution
• Free access to an online wellness resources platform

Work Life Balance

• Up to 23 Vacation Days
• 80 Hours of Sick Time
• 10 paid holidays and 3 floating holidays
• Flexible work arrangements
• 3 weeks paid parental leave
• Be part of a workplace where your voice matters. Engage with our Diversity, Equity & Inclusion Council, and a variety of Employee Resource Groups that support community and growth.
• 1500 sq foot exercise facility and secure bike room

Financial

• Meaningful annual incentive bonus opportunity in addition to base salary
• Competitive 401K company contribution and match
• 15% discount on NW Natural stock through Employee Stock Purchase Program
• Up to $5250 a year in tuition reimbursement
• Wellness incentive program

Discounts

• 20% off natural gas service
• Up to 30% discount at NW Natural Appliance Center
• TriMet Pass for all HQ employees
• Generous discounts with Verizon & AT&T Wireless

Base salary range:$98,450.00-$140,300.00per year, depending on qualifications

Annual Target Incentive: Level 3, 9.5% target Targets are calculated using eligible earnings during plan year participation. Payout, if earned, is based on company and individual performance for each plan year and may range from 0% - 200% of target. Targets are subject to change in subsequent plan years. Must be employed by September 30 in order to receive any prorated payout.

Deadline: 9/1/26

E-Verify Information NW Natural participates in E-Verify. Individuals hired will have their Form I-9 information submitted to E-Verify. E-Verify is an Internet-based system that compares information from an employee's Form I-9, Employment Eligibility Verification, to data from U.S. Department of Homeland Security and Social Security Administration records to confirm employment eligibility.

All applications must be submitted through NW Natural's Electronic Application System. Resumes submitted via email, fax or mail will not be accepted in lieu of an electronic application.

NW Natural is proud to be an equal opportunity employer. We welcome and embrace our candidates' diversity and take affirmative action to employ and advance individuals without discrimination on the basis of race, color, sex, gender identity or expression, sexual orientation, religion, age, physical or mental disability, veteran status, pregnancy (including childbirth or related medical conditions), national origin, marital status, genetic information, and all other legally protected characteristics. We forbid discrimination and harassment in the workplace based on any protected status or characteristic. A criminal history is not an automatic bar to employment with NW Natural. Instead, we make individualized assessments regarding qualifications and backgrounds. NW Natural is also committed to providing reasonable accommodations for individuals with disabilities, individuals with sincerely held religious beliefs, and disabled veterans in our job application procedures. If you need assistance or an accommodation as part of the application process, please contact us at [e-mail] or [phone].