Fixed Asset/Accounts Payable Analyst

Full-time

Description

JOB SUMMARY:

The Fixed Assets/Accounts Payable Analyst will manage the fixed assets of the Company, review asset entries, and prepare account reconciliations, journal entries and supplemental analysis schedules. The Fixed Assets/Accounts Payable Analyst (“Analyst”) will be responsible for tracking and analyzing the companies’ investments in fixed assets (i.e., poles, pipe, gate stations, transformer etc.) for its regulated utilities. In addition, the individual will function as the primary backup for the Accounts Payable Analyst when needed.

ESSENTIAL FUNCTIONS:

• Maintains a system of controls and procedures for the recording of fixed assets.
• Reconciles the balance in the fixed asset subsidiary ledger to the general ledger.
• Tracks various project costs through work orders to ensure that charges to the work order are accurate and appropriate.
• Records fixed asset acquisitions and dispositions in the accounting system, in accordance with regulations promulgated by the Regulatory Commission, having jurisdiction over the respective Company’s books and records.
• Completes the calculation of monthly depreciation expense for multiple companies.
• Ensures the latest Commission approved depreciation rates are used in the calculation of the monthly depreciation expense.
• Maintains all fixed asset records, including cost basis in plant assets, accumulated depreciation, and removal costs.
• Maintains records of the physical location of Company plant assets.
• Calculates gain or loss on the sale, disposition, or retirement of fixed assets.
• Provides fixed asset data and information to Company’s external auditors.
• Audits material inventory purchases against purchase orders.
• Assists in the annual physical inventory count and reconciliation.
• Maintains Inventory Accounting system and completes intercompany transfers.
• Allocates overhead costs to inventory
• Oversees Physical inventories for three companies (generally once per year).
• Reconciles inventory per physical counts to inventory per books.
• Maintains transfer of inventory to construction work in process.
• Provides inventory information to external auditors.
• Manages Company’s relationship with accounting system vendor.
• Maintains knowledgeable in the maintenance of all accounts payable reports and spreadsheets.
• Assists in the review and submission of monthly invoices for payment processing, as well as being knowledgeable of the weekly check disbursement process.
• Completes other duties and projects as assigned.

WORK ENVIRONMENT:

• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.
• This job requires long periods of sitting, manual dexterity, and repetitive finger motion.
• Hearing and vision are required for this position.
• Ability to lift up to 25 pounds.
• Moderate level of standing, walking, lifting, reaching, and stretching required.

Requirements

KNOWLEDGE, SKILLS, AND ABILITIES:

• Exhibits conscientiousness, dedication, self-discipline, and a sense of responsibility.
• Ability to work independently, take initiative and prioritize multiple assignments with attention to detail and deadlines in a fast-paced environment.
• Ability to establish effective relationships and work in a team environment to meet team and Corning Natural Gas goals.
• Possess intermediate computer skills and the ability to learn internal programs.
• Demonstrate a thorough understanding of Company processes, procedures, and policies.
• Ability to exhibit poise, clarity, and self-control in stressful, ambiguous, or emotionally demanding situations.
• Excellent written, verbal communication and interpersonal skills required.
• Demonstrated analytical, problem-solving, statistical, and mathematical skills required.
• Must be familiar with budgeting and accounting concepts.
• Demonstrated proficiency with Microsoft Excel spreadsheets, charts, and building functions required.
• Must possess strong multi-tasking and organizational skills.
• Must be able to work within a team environment.

EDUCATION AND EXPERIENCE:

• Associate’s degree in Accounting or Finance required. Bachelor’s degree in Accounting or Finance preferred.
• Minimum of three years’ experience in general accounting required.
• Experience with fixed assets and inventory preferred.
• Demonstrated proficiency with Microsoft Excel spreadsheets and pivot tables required.
• Experience with electric and gas utilities and knowledge of gas operations systems helpful but not required.
• Knowledge of internal systems, such as Cayenta, CIS Infinity, CUSI, Microsoft Office, etc. helpful but not required.