Fixed Asset Accountant I

UGI Utilities, Inc.; Pennsylvania; On-site; USD 55,000 - 72,000; Full time

Job summary

UGI Utilities, Inc. in Pennsylvania seeks an Accountant I - Plant to support plant balances, monthly close, asset records, and related SOX controls.

The role covers journal entries, reconciliations, and project accounting across CWIP and PS&I, with collaboration from operations and project managers. The ideal candidate holds a bachelor’s degree in accounting and 1–2 years of experience, with solid GAAP knowledge, ERP system proficiency, and strong Excel skills.

Qualifications

• Knowledge of GAAP including technical accounting principals.
• Familiarity with regulatory accounting practices as well as FERC accounting preferred
• Strong computer skills a must. Experience with ERP accounting systems, fixed asset systems and Excel.
• Ability to independently research and resolve issues, presenting potential solutions to management.
• Strong written and oral communication skills.
• Attention to detail and high degree of organizational skills.

Responsibilities

• Monthly Close: Prepare standard and non-recurring journal entries for plant balances; Complete account reconciliations; Perform SOX controls; Prepare balance sheet variance analyses; Respond to auditor requests.
• Evaluation of Capital Projects (CWIP/Jobbing/PS&I): Monitor CWIP balances; Follow up with project managers on balances; Prepare entries for transfer between categories; Allocate overheads.
• Release Orders: Release orders in SAP for new projects; Review projects per DOA policy; Set up cost allocations.
• Record Retirements & Unitize Projects: Record assets and retirements; Follow up on completion notices.
• Process Improvements (Reducing Risk and Manual Processes): Test system developments; identify risk reduction opportunities; perform other duties as requested.

Skills

GAAP knowledge

Regulatory accounting practices

Strong communication

Attention to detail

Organizational skills

Independent problem solving

Education

Bachelor’s degree in accounting or related field

Tools

ERP accounting systems

Fixed asset systems

Excel

Job description

Requisition Number: 30034
At UGI Utilities, Inc. we believe in providing a superior range of energy products and services to our customers in a safe, affordable manner. As our energy needs evolve, UGI will be there providing safe and reliable service that brings warmth and comfort to our 750,000 customers in 45 counties in Pennsylvania and 1 county in Maryland.
We strive to reflect the communities we serve by attracting and retaining top talent, while maintaining a diverse workforce that embraces our culture of safety, service, and integrity. As an employee of UGI Utilities, you can expect a competitive total compensation plan and comprehensive benefits. Employees work in a collaborative environment, have upward mobility opportunities, and the ability to enjoy a true work life balance.
To learn more about UGI\'s workplace culture, sustainability efforts, and commitment to inclusivity, we invite you to visit our UGI Corporate sustainability page .
Apply to UGI Utilities today to share in our mission and support countless neighbors, friends, and families in providing best-in-class products and services!
Job Summary

The Accountant I - Plant is responsible for preparing and maintaining records to support the Company’s plant balances. This includes releasing of work orders within the capital forecasting tool, correspondence with operational personnel related to assets, preparation of monthly closing entries, recording of assets and retirements, completion of monthly account reconciliations, and variance analysis on plant-related account balances.

Duties and Responsibilities

• Monthly Close:
  • Prepare of standard and non-recurring journal entries associated with plant balances.
  • Complete account reconciliations.
  • Complete and document SOX controls associated with plant process.
  • Perform PowerPlan close processes.
  • Prepare balance sheet variance analysis for plant accounts.
  • Respond to auditor requests associated with areas of responsibility.
  • Assist with Political Action Committee (PAC) by providing PAC accounting services through the role of the Assistant Treasurer (As needed).

• Evaluation of Capital Projects (CWIP/Jobbing/PS&I):
• Monitor outstanding CWIP balances.
• Follow up with project managers related to long-outstanding balances or unusual adjustments.
• Correspond with project managers, operations and/or the marketing department related to short-term jobbing, preliminary project costs, and customer contributions, ensuring the appropriate tracking and timely capitalization of such amounts.
• Prepare journal entries to transfer projects between categories (i.e. jobbing and PS&I to capital work orders, order to order adjustments, etc.), including related overheads.

• Release Orders:
• Release orders within SAP for new projects and reauthorizations.
• Complete review of this projects, to include the following:
• Appropriate approval in line with the Company’s DOA policy.
• AFUDC flag.
• Appropriate nature of the project (i.e. capitalizable).
• Set up of estimate for allocation of costs between plant accounts.

• Record Retirements & Unitize Projects:
• Receive completion notices from project managers.
• Record final assets in the company’s plant records based on the completion notices received and/or information from the GIS department.
• Record retirements of existing assets based on completion notices received.
• Follow up with project managers on completion notices not received in a timely manner.

Process Improvements (Reducing Risk and Manual Processes):

• Perform testing of system developments in areas of responsibility.
• Assist in identifying opportunities where risk and manual process can be reduced in areas of responsibility.
• Perform other duties as requested.

Knowledge, Skills And Abilities

• Knowledge of GAAP including technical accounting principals.
• Familiarity with regulatory accounting practices as well as FERC accounting preferred
• Strong computer skills a must. Experience with ERP accounting systems, fixed asset systems and Excel.
• Ability to independently research and resolve issues, presenting potential solutions to management.
• Strong written and oral communication skills.
• Attention to detail and high degree of organizational skills.

Education and Experience

• Bachelor’s degree in accounting or related field preferred.
• 1 - 2 years’ experience preferred.

UGI Utilities, Inc is an Equal Opportunity Employer. The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, sexual orientation, veteran status, or any other legally protected class in its practices.

Successful applicants shall be required to pass a pre-employment drug screen as a condition of employment, and if hired, shall be subject to substance abuse testing in accordance with UGI policies.

As a federal contractor that engages in safety-sensitive work, UGI cannot permit employees in certain positions to use medical marijuana, even if prescribed by an authorized physician. Similarly, applicants for such positions who are actively using medical marijuana may be denied hire on that basis.