Benefits Accountant

Job Description

Position Summary

Responsible for the accounting and reporting for compensation and employee benefits in accordance with Generally Accepted Accounting Principles (GAAP) and Federal Energy Regulatory Commission (FERC).

Tasks and Responsibilities

- Establishes and reviews required journals; ensures journal entries are properly prepared, edited, and posted; and reviews transactions which form the basis to account for the Company's compensation and benefit plans. which could include Pension, OPEB, stock based compensation, paid time off, bonus accruals and other benefit related items.

- Conducts analyses of financial transactions and explains variations from year to date and prior year results, and budgeted and forecasted amounts.

- Performs reconciliations of balance sheet accounts related to benefit accounting and resolves any unreconciled items.

- Participates in the preparation and detail review of both external and internal schedules/reports of monthly, quarterly, and annual basis.

- Acts as liaison related to benefit matters for both internal audiences (Human Resources, Office of the General Counsel, Financial Reporting and Regulatory Affairs) and external audiences (actuary, external fund manager, auditors).

- Coordinates the preparation of the annual GAAP Financial Statements for the Pension Plan, Retiree Health and Welfare, and 401K Plans.

- Participates in the formulation, determination and execution of Benefits Accounting policies and procedures.

- Provides formal responses to inquiries or other information requested monthly, quarterly or annually by senior management, other business units, and internal and external auditors; and oversees the preparation of information furnished in the initial filing of rate case data and responds to data requests from the Commissions regarding benefit accounting.

- Performs other special projects as assigned by the Sr Manager Technical Accounting and Benefits.

Qualifications, Skills and Abilities

- Bachelor’s Degree accounting, finance or a related discipline (may be substituted with an additional 4 years of experience in an accounting or finance function) required

- Master's Degree accounting, finance or a related discipline preferred

- 2+ year accounting function required

- Experience in benefits accounting, technical accounting or financial reporting is preferred

- Working knowledge of PeopleSoft General Ledger module and reporting tools

- Demonstrated ability to effectively communicate complex messages, both verbally and in writing, to diverse internal and external audiences at all organizational levels

- Proven ability to use computer software and applications, including Microsoft Office, including Word and advanced features of Excel, to share, retrieve, research and present business information

- Demonstrated ability to establish rapport and effective working relationships with business partners, management and peers

- Demonstrated ability to analyze and interpret data and to identify relevant issues in solving business problems

We offer a competitive salary range of $78,000 to $113,250 per year, commensurate with experience, education, and skills. In addition, we provide a comprehensive benefits package including health insurance, retirement plans, and paid time off.

The Company values diversity in its workforce and encourages United States military veterans and service members who meet the qualifications to apply

Why work at AltaGas?

AltaGas is a North American energy infrastructure company with a focus on owning and operating assets that provides affordable energy to our customers. AltaGas assets include Washington Gas/WGL, SEMCO, and Petrogas. Our talented team, nearly 3,000 strong, leverages the strength of our assets and expertise along the energy value chain to connect customers with premier energy solutions – from the well sites of upstream producers to the doorsteps of homes and businesses to new markets around the world.

We deliver affordable natural gas to approximately 1.7 million customers’ homes and businesses through regulated natural gas distribution utilities across four jurisdictions in the United States and two regulated natural gas storage utilities in the United States. Learn more about our team, vision, and strategy.

To learn more about our mission:

https://youtu.be/k1mrKDdsYW8?si=y1k3NOyHxgf4emdL

For Canadian hires: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.

For U.S. hires: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.

U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.