Senior Project Accountant, Regulated Utilities

LS Power; Austin (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

LS Power in Austin, TX is seeking a Senior Project Accountant to join the Regulatory Accounting team. This role acts as a financial partner coordinating with project management, regulatory accounting, and fixed asset teams to ensure capital project activity is tracked and reported accurately across functions.

You will lead month-end close for capital projects, monitor CWIP balances, assist with FERC asset unitizations, and support annual audits and budgets.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Master’s degree or CPA designation preferred.
• Minimum of two years of accounting experience with capital projects or construction accounting.
• Experience with regulated utility accounting or willingness to develop in this area; FERC U.S. GAAP knowledge strongly preferred.
• Public accounting experience with Big 4 or national firm is a plus.
• Experience with ERP/accounting systems; PowerPlan or fixed asset systems are a plus; Microsoft Dynamics 365 experience helpful.
• Strong budget preparation and variance analysis skills.
• Solid knowledge of U.S. GAAP, accounting principles, procedures and practices.
• Excellent Excel skills; able to handle large datasets and financial models.
• Ability to manage multiple tasks, meet deadlines, and maintain attention to detail.
• Collaborative team player with ability to work across levels and functions, including external auditors.
• Strong analytical and numeric abilities; excellent verbal and written communication.
• Ownership mindset with proactive status updates to management.

Responsibilities

• Coordinate with AP, procurement, and project development teams to ensure accurate capital project coding and timely cost capture in the general ledger.
• Review construction invoices against budgets; maintain change orders; track retainage balances.
• Assist with month-end close, including actuals, accruals, and balance sheet reconciliations.
• Monitor CWIP balances and ensure timely plant-in-service transfers with the fixed asset team.
• Assist with FERC asset unitizations and related support.
• Collaborate with accounting peers on additional tasks as they arise.
• Lead monthly cash forecasting for capital projects and monitor cash positions.
• Build and maintain a project spend report for leadership and investors; support budget prep and variance analysis.
• Prepare monthly/quarterly reporting; assist with annual financial statements and audits.
• Support annual budget process for capital spend and provide cost detail to tax and other teams.

Job description

LS Power in Austin, TX is seeking a Senior Project Accountant to join the Regulatory Accounting team. This role acts as a financial partner coordinating with project management, regulatory accounting, and fixed asset teams to ensure capital project activity is tracked and reported accurately across functions.

You will lead month-end close for capital projects, monitor CWIP balances, assist with FERC asset unitizations, and support annual audits and budgets.