Fixed Asset Accountant for Utilities

1803electric; Baton Rouge, Northern (LA, KY); Hybrid; USD 55,000 - 85,000; Full time

Job summary

1803electric seeks an experienced accounting professional to manage the accounting flow of capital and plant operations for the cooperative. This role processes work orders, ensures accurate inventory and asset allocations, and maintains plant accounting records.

You will prepare reimbursements for FEMA and mutual aid storm events, monitor damage billing reimbursements, and ensure proper cost allocations. Proficiency with Excel and accounting software is expected, along with strong analytical

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• Minimum three years of accounting experience; utility/work order knowledge preferred.
• Experience with RUS or FERC accounting preferred.
• Experience with work order processes and asset accounting.
• Willingness to pursue industry training (CFC, RUS, Accounting)

Responsibilities

• Reconciles inventory, work order, and fixed asset subsidiary ledgers to the general ledger monthly.
• Reconciles construction and retirement work-in-progress to the general ledger monthly.
• Responsible for setup and maintenance of construction units and record units, including periodic calculation and updating standard costs.
• Ensures proper work plan numbers and years are assigned to work orders and ensures tag numbers are applied to fixed assets appropriately.
• Calculates depreciation for fixed assets monthly.
• Prepares fuel and transportation cost allocations and related journals.
• Calculates overhead rates and ensures they are properly applied to open work orders.
• Reconciles all work order costs to staking sheets and/or as-builts, research discrepancies and closes work orders to plant.
• Evaluates and reports on the status of open work orders and determines whether to close or cancel them; ensuring all construction and retirement work-in-progress is timely closed to plant.
• Summarizes data and prepares Inventory of Work Orders reports and Special Equipment reports to meet Rural Utilities Service (RUS) reporting and loan fund requisition requirements.
• Responsible for identifying and initiating refunds for excess contributions in aid-to-construction.
• Reviews of fixed asset and construction contractor invoices in preparation for payment; including proper rate, tag, classification, and coding.
• Coordinates the periodic physical inventory of fixed assets.
• Maintains FEMA documentation after qualifying events and assists in preparing project worksheets.
• Obtains and maintains a thorough working knowledge of Cooperatives software systems as pertains to duties and responsibilities assigned.
• Prepares reports, correspondence, and audit work papers, as required.
• Receives training as directed by the Controller and/or CFO.
• Updates and maintains daily job procedures.
• Performs all duties assigned by supervision.
• Emergency response coverage, as needed.

Skills

Work order processing

Accounting principles

Financial analysis

Fixed asset accounting

Excel

Word

Outlook

Education

Bachelor's degree in accounting or related field

3+ years accounting experience

RUS/FERC accounting knowledge preferred

Tools

ERP systems

Work order accounting software

Microsoft Excel

Job description

1803electric seeks an experienced accounting professional to manage the accounting flow of capital and plant operations for the cooperative. This role processes work orders, ensures accurate inventory and asset allocations, and maintains plant accounting records.

You will prepare reimbursements for FEMA and mutual aid storm events, monitor damage billing reimbursements, and ensure proper cost allocations. Proficiency with Excel and accounting software is expected, along with strong analytical