Associate Accountant (Fixed Assets)
ITC Holdings
**JOB SUMMARY**
The Associate Accountant performs fixed asset accounting activities to ensure accurate and timely processing of information in accordance with Federal Energy Regulatory Commission (FERC), Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) regulations and guidelines. May also assist with reporting requirements during peak times.
**ESSENTIAL DUTIES & RESPONSIBILITIES**
+ Performs fixed asset accounting activities for capital projects/construction work; creates work orders to accumulate construction project costs; with the assistance of engineering personnel, movement of assets into service and close out of work orders to ensure that fixed assets are properly included in rate base; reviews charges to completed work orders to ensure accurate accounting records in accordance with GAAP and FERC guidelines.
+ Prepares capital expenditure reports for monthly asset and depreciation activity.
+ Researches and applies FERC accounting guidelines to fixed asset transactions as necessary; prepares fixed asset reports for management and FERC reporting.
+ Assesses fixed asset accounting and other business processes to identify potential areas of improvement.
+ Prepares journal entries, and analyzes and reconciles accounts to ensure proper accounting of transactions; researches and resolves accounting issues.
+ Assist with compilation, quality review and data checks for external filings (SEC, Form 10-Q, 10-K and various other regulatory and GAAP financial statements).
+ Assists with internal and external audit document requests.
**REQUIREMENTS**
+ Bachelor’s degree in accounting or finance or relevant, equivalent experience and/or education.
+ Basic knowledge and understanding of accounting and financial reporting.
+ Ability to research and analyze various types of data.
+ Strong written, verbal and interpersonal communication skills.
+ Strong organizational skills.
+ Knowledge of Excel and other Microsoft Office Applications.
+ Ability to utilize technology to complete daily assignments
+ Ability to work well on a team or independently.
+ Ability to work extended hours during peak periods to meet compliance driven deadlines
+ Applicants must be authorized to work in the United States for any employer, ITC does not sponsor employment visas, such as H-1B or TN visas.
From electric vehicles to renewables, the world is looking at electricity in a whole new way, and ITC is focused on building and maintaining a power grid that can handle it all. We are looking for individuals who are ready to work with us to build a greater grid for a greener future. In return, ITC is proud to offer industry-leading compensation, benefits and opportunities to channel your energy into community-changing solutions. As an equal opportunity employer, we feel it’s crucial to honor our differences, be inclusive, engage as a team, and maximize our individual strengths.
Please take a moment to review our Diversity Statement (https://www.itc-holdings.com/docs/default-source/human-resources-support-docs/itc\_diversity\_statement.pdf?sfvrsn=507bcbf6\_2) .
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