ACCOUNTANT ASSOCIATE - Financial Accounting
Job description
COMPANY OVERVIEW
El Paso Electric Company is a regional electric utility providing generation, transmission, and distribution service to more than 443,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande Valley in West Texas and Southern New Mexico. We invite you to visit our website to learn more about our 120-year history, discover our plans for transforming the energy landscape, and encounter great opportunities with El Paso Electric.
DATE POSTED: MAY 09, 2023 CLOSING DATE: MAY 16, 2023
GRADE LEVEL: 51
DEPARTMENT: Financial Accounting
STARTING SALARY: $58,600 - $79,800 Salary is commensurate with experience
JOB FAMILY SUMMARY PURPOSE
Under the direction of the Financial Accounting Supervisor, assists in the preparation of the Company’s financial accounting to internal management, debt holders, Sun Jupiter Parent LLC (Parent), Sun Jupiter Holdings LLC, and the Federal Energy Regulatory Commission (FERC). Assists in the preparation of the completion of the employee benefit plan audits and filings of the Department of Labor Form 5500s and assists in the preparation of the financial accounting information provided to external regulators which includes maintaining the integrity of the financial data in the Company’s general ledger system.
EDUCATION
Bachelor’s Degree from an accredited college or university with a BBA in Accounting. Minimum of 30 hours of accounting courses.
Certified Public Accountant preferred.
EXPERIENCE
0-3 or more years of experience
KEY JOB RESPONSIBILITIES
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate with or without a reasonable accommodation that the essential functions of the job can be performed.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES:
- Knowledge of generally accepted accounting principles; FERC and State Commission accounting procedures and reporting practices; and accounting control procedures.
- Ability to prepare financial reports and statements; and effectively research, analyze and interpret accounting pronouncements, exposure drafts and regulatory rules and regulations.
- Ability to operate a personal computer and software applications, such as Excel, Word, Outlook, Adobe Acrobat, Oracle, PowerPlan, Livelink, and AFRM.
- Knowledge of the basic functionality of accounting systems.
- Experience in a position as an accountant and/or financial system analyst, with highly technical as well as functional business skills related to the development, operation and maintenance of financial applications.
- Ability to provide guidance to employees in numerous and diverse functions which includes the preparation and filing of financial reports and statements with external regulatory entities.
- Ability to analyze, interpret, and implement FASB accounting guidance and principles.
- Experience with accounting software packages and proficient in the use of several software applications, including spreadsheets, databases, word processing, scheduling and presentation packages. Experience in the Company’s standard packages preferred (currently Microsoft Applications).
- Ability to effectively deal with external auditors for the year end GAAP annual audit for EPE and parent as well as for FERC reporting purposes.
- Effective verbal and written communication skills.
- Ability to maintain effective working relationships with officers, managers, fellow employees, and the general public.
- Ability to maintain a strong sense of propriety concerning confidential matters.
ESSENTIAL JOB FUNCTIONS
- Assists in the preparation of the external financial filings with the FERC including financial statements, Extensible Business Reporting Language (XBRL) and other mandated financial disclosures following all rules and regulations for a privately owned utility company.
- Assists with the preparation of EPE’s quarterly and year end GAAP submissions to debt holders, Parent, and internal management.
- Assists in the preparation of the Parent’s recordkeeping (maintain the general ledger and accounts, maintain the financial books and records, including a trial balance) as well as assist in the preparation of Sun Jupiter Holdings LLC recordkeeping.
- Assists in the preparation of the application of GAAP which includes implementing new FASB accounting pronouncements, and any FERC regulatory rules including compliance over internal control procedures.
- Assists in the preparation of financial information processed through the general ledger system and related subsystems.
- Assists in the preparation of the required financial reporting for the employee benefit plans such as the filing of the annual 5500 and related benefit disclosure for the year end audit (s); serves as primary contact on benefit audits.
- As part of the preparation process, ensures the completeness and accuracy of assigned journal entries, reconciliations and other monthly closing tasks.
- Assists in system upgrade implementation efforts and rate script testing.
- Assists in the preparation of rates schedules and compliance filings, and interrogatories on historical financial information in rate proceedings.
- Maintain accounting code block elements in Oracle and PowerPlan.
- Provide functional end user support in the operations and maintenance of various financial systems modules, including Oracle Applications, PowerPlan and Accelerated Financial Reporting Management (AFRM).
- Assist in the preparation of the monthly closing of all modules within the financial system, including reconciling subsystems to the general ledger and cost repository. Ensure all financial allocations programmed within the cost repository are accurately reflected in the financial statements.
- Assist in system upgrades, patches, and changes to the financial system as needed.
WORK ENVIRONMENT
- The incumbents in this classification are not substantially exposed to adverse environmental conditions; primary work environment is typically an office or administrative nature.
- May work non-standard hours.
- May require travel to Company work sites.
- May require out of town travel.
PHYSICAL DEMANDS:
- Sedentary work: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Stooping: Bending body downward and forward by bending spine at the waist.
- Crouching: Bending the body downward and forward by bending leg and spine.
- Kneeling: Bending legs at knee to come to a rest on knee(s).
- Reaching: Extending hand(s) and arm(s) in any direction.
- Walking: Moving about on foot to accomplish tasks.
- Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
- Pulling: Using upper extremities to exert force in order to draw, drag, haul or tug objects in a sustained motion.
- Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position-to-position.
- Fingering: Picking, pinching, typing or otherwise working, primarily with fingers rather than with the whole hand or arm as in handling.
- Grasping: Applying pressure to an object with the fingers and palm.
- Feeling: Perceiving attributes of objects, such as size, shape and temperature or texture by touching with skin, i.e., fingertips.
- Talking: Expressing or exchanging ideas by means of the spoken word; those activities in which detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
- Hearing: Ability to receive detailed information through oral communication, and to make fine discriminations in sound, such as when making fine adjustments on machined parts.
- Repetitive motions: Substantial movements (motions) of the wrists, hands, and/or fingers.
- Visual acuity: Color, depth perception and field of vision to include measurement devices for close inspection and analysis.
If interested in applying for this position, you must apply on-line by 5:00 PM, MAY 16, 2023.
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