Senior Accountant at UGI Utilities, Inc
Allentown, PA 18103
About the Job
Requisition Number: 25309
At UGI Utilities, Inc. we believe in providing a superior range of energy products and services to our customers in a safe, affordable manner. As our energy needs evolve, UGI will be there providing safe and reliable service that brings warmth and comfort to our 750,000 customers in 45 counties in Pennsylvania and 1 county in Maryland.
We strive to reflect the communities we serve by attracting and retaining top talent, while maintaining a diverse workforce that embraces our culture of safety, service, and integrity. As an employee of UGI Utilities, you can expect a competitive total compensation plan and comprehensive benefits. Employees work in a collaborative environment, have upward mobility opportunities, and the ability to enjoy a true work life balance.
UGI is committed to acting in a sustainable and socially responsible manner to minimize our impact on the environment and to enrich the lives of our customers, communities, and employees. To learn more about UGI's workplace culture, sustainability efforts, and commitment to diversity, equity and inclusion (DE&I), we invite you to visit our UGI Corporate sustainability page.
Apply to UGI Utilities today to share in our mission and support countless neighbors, friends, and families in providing best-in-class products and services!
Job Summary
This position will lead the Company’s regulatory financial reporting process and related filings with regulatory agencies for both UGI Utilities and UGI Energy Services. This role will also be the primary liaison to work with our depreciation consultants on Plant Accounting studies and will have an integral role on the team that supports our base rate case filings. In addition, this person will also be the Company's subject matter expert for the software application which converts transactions from GAAP accounting and reporting to FERC accounting and reporting.
Duties and Responsibilities
Regulatory Accounting & Plant Accounting Monthly Close and Related Processes for UGI Utilities and UGI Energy Services Regulatory and Plant Accounting including the following:
- Accountant responsible for variance analysis, financial statement reporting, journal entries, account reconciliations, and SOX controls related to Regulatory Accounting.
- Lead the calculation of various overhead rates, ensuring that calculations are appropriate in accordance with regulatory guidelines.
- Lead Plant Accounting’s depreciation budgeting and forecasting for Financial Planning and Analysis’ Corporate reporting and Base Rate Cases.
Regulatory Accounting and Filings for UGI Utilities and UGI Energy Services as follows:
- Responsible for preparation of the FERC Form 1, the PUC Annual Report, and other regulatory reports as assigned, working with operational and accounting personnel to ensure that information is reported accurately, timely and completely.
- Subject matter expert on FERC filing software, serving as the primary point of contact with our vendor and individuals throughout the Company who use the software.
- Serve as subject matter expert for FERC ledger mapping, and the conversion of base financial information into FERC reporting.
- Prepare Regulatory and Plant Accounting schedules and analysis to support Base Rate Case filings. In addition, prepare responses for questions received from Legal, Rates and intervenors.
Environmental and Damages Claims for UGI Utilities including the following:
- Lead meetings with Legal, Environmental, and Claims Department personnel to update information on these reserves at least quarterly.
- Take full responsibility of accounting for environmental and damage claims.
- Ensure schedules to support the Company’s reserves for all reporting are accurate and completed timely.
- Process / System Improvement and Project Management
- Act as a Subject Matter Expert (SME) to design, build, improve, automate reporting related to Regulatory and Plant Accounting in Workiva and other data analytics/reporting software.
- Lead special projects as assigned by management, primarily in the areas of Regulatory Accounting or Plant Accounting.
- Perform other duties as requested.
Knowledge, Skills and Abilities
- Strong verbal and written communication skills, including the ability to present to senior management.
- Comfort in proactively coordinating and communicating verbally and through email with various internal and external parties, including senior management and legal, related to areas of responsibility.
- Experience in a regulated accounting environment preferred.
- Understanding of accounting principles associated with plant accounting, including regulatory accounting principles.
- Ability to independently research and resolve issues, presenting potential solutions to management.
- Strong Excel skills
- Strong attention to detail skills.
- Experience with ERP system such as SAP preferred.
- Ability to identify and implement process improvements.
Education and Experience
- Bachelor’s Degree in Accounting or related field
- 5+ years experience in Accounting
- CPA or working toward CPA is a plus
We offer comprehensive benefits, some of which are:
medical, prescription, dental, vision, life insurance
disability plans
401(k) matched savings plan
paid vacation
tuition reimbursement
paid parental leave
paid volunteer time
UGI Utilities, Inc. is an Equal Opportunity and Affirmative Action Employer. As such, the Company abides by the requirements of the Executive Order 11246, 41 CFR 60-741.5(a), and 41 CFR 60-300.5(a). The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, veteran status, or any other legally protected class in its practices.
Successful applicants shall be required to pass a pre-employment drug screen as a condition of employment, and if hired, shall be subject to substance abuse testing in accordance with UGI policies.
As a federal contractor that engages in safety-sensitive work, UGI cannot permit employees in certain positions to use medical marijuana, even if prescribed by an authorized physician. Similarly, applicants for such positions who are actively using medical marijuana may be denied hire on that basis.
