Sr. Accountant Property Acct

Accountant Sr - Property Accounting TEC is responsible for the preparation maintenance and monitoring of activities related to property plant and equipment (PPE) for Tampa Electric and other Florida operations and providing guidance and collaboration for other affiliated companies. Collaborate with the Finance team to perform unitization of plant assets based on appropriate property record as-builts monitoring of in-service dates for plant assets execute monthly close requirements and perform research and analysis for XX Billion in property lant and equipment. Assist in providing guidance and support on regulatory efforts process analysis and technical fixed asset utility accounting application to various areas of the business as necessary. Knowledge of power plant operations with financial acumen including applicable federal (FERC) and state (FAC) utility regulations and fixed asset subledger (PowerPlan) and enterprise resource planning (SAP) systems in a regulated utility environment are strongly preferred.

PRIMARY DUTIES AND RESPONSIBILITIES

1. Account for plant assets in accordance with generally accepted accounting principles (GAAP) and Federal Energy Regulatory Commission (FERC) rules by independently analyzing capital work orders ensuring Sarbanes-Oxley controls and FPSC Standard List of Retirements Units criteria are met. Record analyze and monitor plant activity in timely unitization of Capital work orders. Apply judgment in interpreting work order charges for accuracy of spend and confirming Work Management Systems tasks are closed and all charges have ceased. Prepare manual asset transfer and retirement journal entry transactions when required. (40%)

2. Communicate effectively and train field team members and other users on property accounting policies procedures and processes particularly those related to Capital vs. O&M guidance and the property asset accounting system. Respond to various internal and external data requests including requests related to financial and regulatory reporting requirements. (10%)

3. Use seasoned judgment in properly accounting for new TEC assets and material stock items added to TEC inventory. Appropriately classify code and assign the new assets to the related systems. (10%)

4. Responsible for the preparation and delivery of actual and forecasted property plant and equipment accounting information for use in business planning models surveillance reports and cost of service models. (10%)

5. Perform month-end closing of Work Order AFUDC Calculations Asset Unitizations Asset Retirements and Asset Retirement Obligation Calculations and Depreciation Expense Calculations. (10%)

6. Perform the fixed asset accounting compliance requirements for maintaining FERC Continuing Property Records Capitalization Policy per the CFR Uniform System of Accounts FAC Rule 25-6 GAAP SOX Controls Internal and External Audits. (10%)

7. Support the Supervisor with master data management to include reconciliation of PP MX location error resolution adding new Asset locations and clearing failed 101/106 work order activity after month close. Assist the Supervisor with TEC PPE audit selections research documentation and submittals. (10%)

SUPERVISION

Direct: None

Indirect: Provides expert guidance to Finance Regulatory Operating and IT team members related to property plant and equipment regulatory other accounting and systems supporting these functions.

RELATIONSHIPS

Key Internal: Interacts with management and team members at all levels of TEC including but not limited to business units Engineering & Construction Operations Regulatory Property Accounting and Tax.

Key External: Regulators (such as FPSC and FERC) External Auditors the IRS Consultants Contractors Industry Associations and Vendors.

QUALIFICATIONS

Education:

Required: Bachelors Degree in Accounting Electrical Engineering or directly related field from an accredited college/university.

Preferred: Masters degree in Accounting Electrical Engineering or related field from an accredited college/university.

Licenses/Certifications

Preferred: CPA/PE

Related Experience

Required: 4 years of related Finance/Accounting and/or Engineering experience.

Preferred: Experience in a regulated utility in power generation distribution and transmission engineering or utility property plant and equipment accounting in progressively more complex assignments and 2 years in a senior level or lead role. Experience with PowerPlan Work Management Systems and Microsoft applications.

Experience with FERC accounting Code of Federal Regulations Florida Administrative Code and Florida Public Service Commission Standard List of Retirements.

Knowledge/Skills/Abilities (KSA)

Required: High level of technical analytical ability and detailed knowledge of production transmission distribution substation and energy control equipment and/or strong understanding of GAAP or FERC accounting property plant and equipment depreciation retirements or related accounting concepts.

Proficiency in Microsoft Office applications. Self-motivated and detail oriented with advanced analytical and organizational skills. Works autonomously with little to no supervision and performs well in a deadline driven environment. Demonstrates exceptional judgment and uses best practices to improve processes. Resolves complex problems or where precedent does not exist. Demonstrated leadership in guiding other team members within the department. Excellent oral and written communication skills.

Preferred: Advanced knowledge of software systems such as SAP PowerPlan WORKPro and Workman.

LEADERSHIP COMPETENCIES

Speaks up on Safety Health and the Environment

Takes Ownership and Acts with Integrity

Drives Operational Excellence for Customers

Builds Strong Collaborative Relationships

Develops People and Teams

Cultivates Innovation and Embraces Change

Thinks Strategically and Exercises Sound Judgment

WORK CONDITIONS

Most work performed in an office environment but occasional travel to operating locations is required.