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Accounting Specialist, Capital Assets and Projects
2 weeks ago
A little about Capital Power
Capital Power (TSX: CPX) is powering change by changing power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We're a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver reliable, affordable and decarbonized electricity solutions that communities can depend on.
Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our
values
- With us, your contributions matter. We're here to partner with you so you can learn, innovate, and forge a career that's meaningful to you. Join us in powering a clean energy future
Your Opportunity
One Permanent Full Time Position.
As an Accounting Specialist, you will be accountable for project accounting and the day-to-day and monthly accounting activities for capital and operating projects, asset retirement obligations, and leases. Additionally, you will coordinate the budget and forecast process for capital expenditures, depreciation, asset retirement obligations, and leases, as well as perform variance analyses.
You will contribute to our team by:
- Responsible for day-to-day and month-end accounting activities, including capital asset expenditures, operating projects, asset retirement obligations, and leases, ensuring compliance with IFRS and Capital Power’s accounting policies.
- Ensure accurate entry of additions (including acquisitions), disposals, and adjustments in the Oracle Fixed Assets financial system, and reconcile these entries to sub-ledgers.
- Prepare the fixed asset continuity schedule, which is crucial for external financial reporting and tax calculations by the Tax group.
- Conduct budgeting, forecasting, and variance/trend analysis for capital expenditures, depreciation, lease interest expense, and accretion expense.
- Perform variance analysis with a focus on key drivers and trends, and prepare balance sheet account reconciliations.
- Collaborate with plant and engineering staff, and work closely with external and internal audit teams.
- Extensive accounting experience, including month-end accruals, reporting, balance sheet account reconciliation, and variance analysis.
- Strong commitment to continuous process improvement.
- Proven ability to collaborate cross-functionally within the organization to ensure accurate accounting treatment.
- Expertise in budget and forecast development and analysis.
- Experience in the power industry, with knowledge of SOX compliance and people management considered an asset.
Education:
- Degree/diploma in accounting or related field.- CPA or working towards a professional accounting designation.- Educational equivalency may be considered.
Experience:
- 3+ years of accounting experience.
Technical Skills:
- Strong knowledge of IFRS (e.g., IAS 16, IFRS 16, IAS 36, IFRS 16).
- Strong Oracle General Leader, Oracle Fixed Assets and Maximo skills.
- Strong knowledge of internal controls.
- Power BI knowledge considered an asset.
Working Conditions:
- Hybrid Office/Work from home position, with possible very mínimal travel to meet business users at Capital Power facilities or other offices.- Overtime hours required during peak periods (Quarter End/Year End), including weekends based on timing of deadlines.
Additional Details:
In order to be considered for this role you must be legally eligible to work in Canada.
We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.
Depending on the posting requirements relocation assistance may be available.
Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.
