Senior Property & Fixed-Asset Accountant – Flexible Work

Liberty; Litchfield Park (AZ); On-site; USD 95,000 - 125,000; Full time

Benefits offered by this job

401k plan with matching

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Free parking

Health & Wellness programs

Job summary

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified energy utility seeking a senior Utility Property Accountant III to safeguard asset records and ensure compliant capitalization, depreciation, and reporting.

The role collaborates with Engineering, Construction, Operations, Regulatory, and Finance to ensure accurate asset accounting and regulatory readiness. The successful candidate will oversee PowerPlan/SAP reconciliations, asset data integrity, and monthly

Qualifications

• Preferably in fixed assets, property accounting, plant accounting, or a regulated utility environment.
• Working knowledge of GAAP and fixed-asset accounting.
• Strong understanding of accounting reconciliations, journal entries, depreciation, capitalization, and financial close processes.
• Advanced or intermediate proficiency in Microsoft Excel, including pivot tables, lookups, data analysis, and reconciliation techniques.
• Strong analytical and problem-solving skills.
• Ability to research accounting issues and document conclusions.
• Strong attention to detail and ability to manage multiple deadlines.

Responsibilities

• Serve as a steward of the Company's utility plant accounting records, ensuring utility assets and capital investments are accounted for accurately, completely, and in compliance with regulatory and accounting requirements.
• Record and maintain utility plant additions, retirements, transfers, adjustments, and other transactions in accordance with the FERC/NARUC Uniform System of Accounts and Company accounting policies.
• Review capital projects and support documentation to determine appropriate plant accounts, functional classification, asset class, and in-service treatment.
• Establish and maintain asset records in PowerPlan, including project/asset information, plant accounts, units of property, in-service dates, cost components, depreciation attributes, and retirement information.
• Ensure costs are properly transferred from Construction Work in Progress (CWIP) to plant in service when the asset is placed in service.
• Review construction and work-order activity for appropriate capitalization versus repair and maintenance treatment.
• Process asset transfers, retirements, abandonments, disposals, and adjustments in accordance with Company policy and regulatory requirements.
• Ensure asset records agree with the Company's general ledgers and support subsidiary records.
• Investigate, assess and resolve complex discrepancies between PowerPlan, the SAP general ledgers, project accounting records, work orders, and other source systems.
• Lead reconciliation activities supporting utility plant, accumulated depreciation, CWIP, and related fixed asset balances across PowerPlan, SAP, project accounting systems, and supporting records.
• Review PowerPlan depreciation calculations and investigate unusual or unexpected changes.
• Support periodic asset-data cleanup and ensure the integrity and completeness of the fixed-asset database.
• Calculate, review, and record depreciation and amortization in accordance with approved depreciation rates, asset lives, and regulatory requirements.
• Maintain documentation supporting regulatory accounting conclusions and ensure transactions are adequately supported and auditable.
• Review project costs for potential misclassification, duplicate charges, unsupported costs, or other accounting issues.
• Assist with unit-of-property and retirement-unit determinations when required.
• Support the accounting treatment of AFUDC, engineering, construction, labor, materials, and other eligible capital costs in accordance with Company policy and applicable regulatory requirements.
• Prepare monthly journal entries and supporting schedules for plant accounting and related accounts.
• Perform monthly close activities, including reconciliations, variance analysis, depreciation review, and account analysis.
• Prepare management reports and analytical schedules related to capital expenditures, plant balances, depreciation, retirements, and CWIP.
• Support FERC, state commission/NARUC, and other regulatory information requests.
• Prepare schedules and supporting documentation for rate cases, regulatory audits, financial audits, and other examinations.
• Ensure plant accounting records are supported by appropriate source documentation and maintain a clear audit trail from source transaction through the general ledger and regulatory reporting.

Skills

Analytical thinking

Excel proficiency

Problem solving

Attention to detail

Research accounting issues

Multi-deadline management

Education

CPA or CMA preferred

Progress toward CPA/CMA

Tools

PowerPlan

SAP S4 Hana

Job description

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified energy utility seeking a senior Utility Property Accountant III to safeguard asset records and ensure compliant capitalization, depreciation, and reporting.

The role collaborates with Engineering, Construction, Operations, Regulatory, and Finance to ensure accurate asset accounting and regulatory readiness. The successful candidate will oversee PowerPlan/SAP reconciliations, asset data integrity, and monthly