Staff Accountant

Requisition ID:

108520

Share Our Purpose. Be Yourself. Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are

Beautifully Different

. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions.

For more information, visit amwater.com and join American Water on LinkedIn , Facebook , Twitter and Instagram .

Important Information

Posted range is $54,080-78,780

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity.

This position may be eligible for annual incentive pay and you will have the opportunity for continued salary growth. In addition to compensation, you will be offered a comprehensive benefits package including 401(k), Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more! American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Primary Role

Responsible for the compilation and analysis of accounting/financial information for the American Water subsidiaries as assigned, and the maintenance of complete and accurate subsidiary general ledgers. Assists in the consolidation process and provides reporting support and other services to the External Reporting, Financial Analysis and Decision Support, Budgeting and Internal Reporting, Tax and Rates. Support/Regulatory Operations teams.

Key Accountabilities

- Prepares journal entries and assists in analyzing financial results and variances, ensuring completeness and accuracy of the subsidiary general ledgers.

- Prepares account reconciliations, including the timely investigation and resolution of discrepancies and reconciling items.

- Provides reporting support, information and analysis to assist in consolidation and the External Reporting team’s fulfillment of the Company’s quarterly and annual SEC reporting requirements.

- Participates in the annual audits (both the consolidated and subsidiary audits) and assists in the preparation of quarterly and annual subsidiary financial statements and state commission reporting requirements, ensuring compliance with US GAAP, state-specific utility regulation, internal controls and Company policies and practices.

- Assists the Rates Support team in fulfilling rate case requests and analyses for filings and/or other reporting requirement reports.

- Interfaces/liaises with the Financial Analysis and Decision

- Support, Budgeting and Internal Reporting, Cash/Treasury, Accounts

- Payable, Call Center Operations and Tax teams, providing information on accounting and reporting matters and assistance in interpreting and analyzing financial results.

- Assists with special projects and initiatives to optimize the effectiveness of existing business applications, technologies and systems and to build efficiencies/improvements into current business processes.

- Assists in the refinement and maintenance of the accounting/financial policies, practices, internal controls and operating procedures to ensure the integrity of the Company’s internal control structure

Knowledge/Skills

- Knowledge and prior experience working with SAP, PowerPlant, Hyperion, Trintech/Assurenet, SharePoint a plus.

- Knowledge of U.S. GAAP and the ability to apply principles and practices to accounting matters.

- Knowledge of Microsoft Office products (Excel, Word, PowerPoint); knowledge of advanced Microsoft Excel functionalities (i.e. pivot and look-up tables, etc.) a plus.

- Strong written and oral communication skills with proven ability to interact effectively with internal customers and external professionals (i.e. auditors).

- Excellent analytical, systemic and problem solving skills, including the ability to work in teams or effectively work independently.

- Strong interpersonal skills, with an emphasis on initiative, knowledge sharing, team building and decision making.

Experience/Education

- Bachelor’s Degree in Accounting or Finance Preferred

- Two to four years of relevant experience required

- Prior public accounting, corporate and/or multi-subsidiary company experience a plus

- One to three years prior experience in the utility or shared service a plus.

Work Environment

- Indoor office environment.

- Hybrid work schdule 3 days in the office 2 days offsite

Certifcations & Licenses

- Acttve State Driver's License required with the ability to pass a motor vehicle report.

Competencies

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

Join American Water... We Keep Life Flowing

™

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.