Hybrid Regulatory Accountant - GAAP & FERC

VERSANT POWER; Bangor (ME); Hybrid; USD 68,000 - 102,000; Full time

Job summary

Versant Power in Bangor, ME is seeking a Regulatory Accountant to support month-end close, financial reporting, and regulatory filings with GAAP and FERC standards. The role focuses on accurate financial statements, variance analysis, and internal controls in a hybrid work setting.

The ideal candidate has 3–5 years of accounting experience, strong GAAP and FERC knowledge, and proficiency with mid-to-enterprise financial systems and Excel.

Qualifications

• Bachelor’s degree in Business Administration, Accounting, or Finance required.
• Three to five years of accounting experience preferred.
• Strong knowledge of US GAAP and FERC Uniform System of Accounts preferred.
• Experience with mid to enterprise level financial systems beyond entry-level accounting software.
• Solid understanding of financial principles and the ability to assess the financial impact of business decisions.
• Proficiency in Microsoft Excel and Microsoft Office applications; ability to manage and analyze large data sets.

Responsibilities

• Applies GAAP and FERC accounting principles to ensure accurate recording of transactions and proper financial statement presentation.
• Participates in the month end close process, including preparation of journal entries and supporting schedules.
• Conducts monthly variance analysis, comparing financial results to prior periods and identifying key drivers of change in balance sheet and cash flow accounts.
• Reconciles various General Ledger accounts on a monthly, quarterly or annual basis, and implements corrective actions as needed.
• Prepares quarterly and annual regulatory financial reporting filings to the FERC and the Maine Public Utilities Commission.
• Maintains strong internal controls by adhering to established accounting policies and procedures.
• Assists with internal and external audits by preparing workpapers, explaining processes and controls, and responding to audit inquiries.
• Develops a deep understanding of accounting systems and software, generates and designs reports to support reconciliations, variance analysis, and other departmental needs.
• Evaluates and improves accounting processes for efficiency and effectiveness.
• Performs other ad hoc accounting, financial, or administrative tasks as may be required from time to time.

Skills

GAAP knowledge

FERC accounting

Excel

Financial analysis

Attention to detail

Data interpretation

Education

Bachelor’s degree in Accounting/Finance

Tools

ERP systems

Financial software

Job description

Versant Power in Bangor, ME is seeking a Regulatory Accountant to support month-end close, financial reporting, and regulatory filings with GAAP and FERC standards. The role focuses on accurate financial statements, variance analysis, and internal controls in a hybrid work setting.

The ideal candidate has 3–5 years of accounting experience, strong GAAP and FERC knowledge, and proficiency with mid-to-enterprise financial systems and Excel.