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 $30 to $34 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 Indexfor 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 .

Primary Role

Manages the company's team and activities related to Plant (Fixed Asset) Accounting, including but not limited to preparing and maintaining utility and non-utility plant accounting financial records, reviewing and interpreting the impact of rate case orders on Plant accounting records, analytical studies on historical, forecast, and pro-forma of fixed asset data including the development and review of plant information incorporated into depreciation studies. Also responsible for standard setting and methodologies for recording capital expenditures.
Provides value-added analysis, data and reports to leadership, and internal and external customer groups.

Key Accountabilities

• Ensure Plant accounting records are maintained in accordance with GAAP and Regulatory requirements while adhering to SOX internal controls related to this process.


• Manage Plant Accounting staff. Includes training and coordination of workflow. Drive high level of performance.


• Participate in development of critical plant related policies and procedures.


• Keep current with emerging accounting and reporting guidance and trends including state regulatory, FASB and SEC standards and interpretations as it relates to Utility Plant Accounting.


• Identify and understand emerging business issues affecting the company and water/wastewater industries.


• Interact with senior leadership, and provide insight and counsel around capital/fixed asset related strategies.


• Initiates actions that lead to operational efficiencies and process improvements.


• Lead the standardization of accounting practices related to capital projects and plant accounting.


• Support other ad hoc requests or projects, as needed.


• Build and leverage working relationships by partnering with key stakeholders, including senior management, Rates and Regulatory and Capital Engineering groups.

Knowledge/Skills

• Strong utility plant accounting skills and knowledge; solid understanding of current generally accepted accounting principles and regulatory reporting requirements. Ten plus years of experience in these areas preferred.


• Knowledge of depreciation studies and asset retirements and the impact on depreciation and cost of removal rates on a company.


• Proven ability to provide support during company-wide rate cases.


• Demonstrated ability to provide capital vs. expense guidance to normal and unique transactions.


• Demonstrated ability to manage complex tasks and issues.


• Proven ability to coordinate projects and successfully manage multiple priorities.


• Strong communication skills including excellent written and presentation skills.


• Must foster teamwork, show work commitment through a focus on results and meeting or exceeding deliverables for monthly closings, audits, and special projects.


• National Association of Regulatory Commissioners (NARUC) knowledge preferred.

Experience/Education

• Requires BS/BA in Accounting or Finance or equivalent combination of education and experience. CPA or MBA desirable.


• Experience with utility plant accounting processes and capital asset systems, especially PowerPlan.


• Requires proven track record of superior experience in the finance and/or plant accounting discipline, public accounting, or regulatory environment.


• Requires demonstrated proficiency in multiple functions, as well as successful assumption of increasingly technical projects and responsibilities.


• Requires proven ability to provide expert technical advice to others in an accurate and timely manner.


• Leadership experience preferred.

Work Environment

• Indoor office environment.

Competencies

Prioritizes & Role Models Safety

Self-Awareness

Develops Talent

Plans, Aligns, & Directs

Drives Engagement

Decision Quality

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.