Employment Opportunities
Position: Senior Accountant
Status: Exempt; Non-Bargaining Unit
Pay Range: $85,800 - $126,000
The Senior Accountant is a high-level professional role designed to ensure the long-term fiscal integrity of the Association. The primary responsibilities of the position include financial management, lifecycle cost accounting, and regulatory compliance of the Association’s Capital Improvement Plan (CIP) and external grant/loan funding sources. The position also executes routine accounting functions, advanced general ledger entries, internal control enforcement, human resource requirements, and essential operational redundancy for financial leadership.
Duties & Responsibilities:
Oversees the comprehensive fiscal management, project tracking, compliance, and financial reporting of the Association’s Capital Improvement Plan (CIP) and major utility infrastructure upgrades.
Manages the transition of completed infrastructure projects from Construction-in-Progress (CIP) into active fixed assets, ensuring proper depreciation schedules and asset retirement records conform to GAAP standards.
Directs the administration of external funding sources, ensuring all reimbursement requests, State Revolving Fund (SRF) requirements, and federal/state loan conditions are met accurately and on schedule.
Develops, implements, and maintains detailed cost-accounting records for all major infrastructure projects to ensure they are delivered on budget and that capital expenditures are properly categorized, depreciated, and tracked throughout lifecycle.
Ensures all grant-related and project-related paperwork, including Davis-Bacon payroll compliance, Buy-American certificates, and loan resolutions, is orderly, auditable, and submitted to the correct funding agencies on time.
Coordinates with project engineers and Association’s management team to provide accurate expenditure cash flow reports, spending outlooks, and fiscal analyses for ongoing utility resiliency and storm-hardening projects.
Ensures all capital tracking, asset management, and general ledger operations conform to Generally Accepted Accounting Principles (GAAP) and financial standards applicable to non-profit utilities.
Assumes full responsibility for the Association’s essential financial functions, including treasury and reporting, in the temporary absence of the Controller/Business Manager.
Performs complex daily and month-end accounting operations, including high-level general ledger reconciliations, revenue oversight, and bank position monitoring. Reviews and verifies proposed journal entries and reconciliations. Ensures all adjustments are routed to the Controller/Business Manager for final authorization.
Assists in the preparation of the Association’s annual operating and capital budgets, rate studies, fiscal year-end financial statements and audit requirements, and Single Audit process for state and federal funding.
Maintains cross-functional training to provide essential backup support for utility customer billing systems, purchasing, accounts receivable, accounts payable, and payroll processing to ensure continuous business operations for the membership. Ensures that independent management reviews are in place during performance of backup support to preserve strict segregation of duties.
Coordinates day-to-day human resources operations and serves as the primary point of contact for employee benefits administration.
Promotes institutional fiscal responsibility through aggressive support of internal controls, cash flow and bank monitoring, and financing requirement compliance, while maintaining no physical asset handling or check-signing authority.
In the event of an emergency or severe weather event, manages disaster recovery accounting tracking, insurance claim documentation, and emergency funding/FEMA compliance records.
Performs those additional duties as may from time to time be assigned by the immediate supervisor.
Education/Experience/Job Requirements:
Bachelor’s Degree in Accounting or Finance.
A minimum of five (5) years of professional accounting experience, with a heavy emphasis on project cost accounting or grant management in a utility, government, or non-profit environment.
Skills:
Strong leadership, analytical, and supervisory abilities.
Advanced ability to organize, schedule, and plan complex utility financial workflows.
Cost-conscious mindset focused on maximizing member fund efficiency and internal control compliance.
Excellent communication skills, with the ability to present clear financial concepts to auditors, executives, and the Board of Directors.
Ability to stay current and informed on new accounting requirements.
Strong computer skills, including mastery of Microsoft Excel (advanced data analysis) and direct proficiency with automated utility accounting software/ERP systems.
Working Conditions:
Work performed in air-conditioned office area.
Requires standard sitting, standing, and movement typical in office environment.
Utilizes standard office equipment, requiring finger dexterity and extended visual focus on computer software and spreadsheets.
Occasional light lifting up to 15 lbs.
To apply, complete the application found here.
The Island Water Association, Inc. is an equal opportunity employer.