Sr Accountant

Our Company
More than a utility company, Unitil provides energy for life.
Our work helps keep homes comfortable, businesses thriving and communities connected. Unitil is
an investor-owned public utility proudly serving Maine, Massachusetts and New Hampshire. We
are dedicated to delivering energy to our customers safely and reliably.
Unitil is committed to creating an inclusive environment that welcomes and values the differences
among all of our employees, customers, suppliers and the communities in which we live and
conduct business. The continued success of Unitil is enhanced through initiatives that promote
diversity and value our employees.
Take advantage of a comprehensive benefits package.
Unitil offers competitive salaries, a consumer-driven health plan, dental and vision coverage,
flexible work, company-paid holidays, a, robust, highly competitive retirement plan and
educational assistance.
*Note: Benefit offerings may differ between union and non-union employee groups
Position Purpose:
Unitil Corporation’s Accounting Function
Unitil Corporation (Unitil or the Company) is a public utility holding company. Unitil and its subsidiaries
are subject to regulation as a holding company system by the Federal Energy Regulatory Commission
(FERC) under the Energy Policy Act of 2005. The following companies are wholly-owned subsidiaries
of Unitil:
▪ Unitil Energy Systems, Inc.,
▪ Fitchburg Gas and Electric Light Company,
▪ Northern Utilities, Inc.,
▪ Bangor Natural Gas,
▪ Granite State Gas Transmission, Inc.,
▪ Unitil Power Corp.,
▪ Unitil Realty Corp.,
▪ Unitil Service Corp., and
▪ Unitil Resources, Inc.
The Company has regulated distribution and transmission operations in three states and is subject to
regulation by utility departments and utility commissions in those states as well as the FERC.
Accounting is responsible for the Company’s and its subsidiaries’ accounting activities as well as
Job Posting
Post: 01/14/2025 Remove: 01/21/2025
providing information to support internal and external financial reporting. The accounting group’s
primary responsibilities include:
▪ Recording journal entries to appropriately capture all transactions and estimates necessary for
complete and accurate financial information
▪ Reconciling all of the Company’s balance sheet accounts
▪ Preparing complete and accurate financial statements under US GAAP and other applicable
standards, such as FERC guidelines, as well as providing financial information to support
internal reporting for management
▪ Designing, implementing, and executing internal controls over financial reporting
▪ Supporting the Company’s regulatory activities and ensuring that the accounting consequences
of all regulatory orders or actions are appropriately reflected in the Company’s accounting
records
▪ Supporting the Company’s strategic initiatives and providing accounting, financial, and business
insights
▪ Keeping current on all standard setting activities, including accounting, financial reporting,
regulatory, and sustainability
The Sr. General Accountant works across the accounting group as well as with other groups in the
Company to ensure complete and accurate financial reporting. The Sr. General Accountant
demonstrates strong technical and interpersonal skills and enjoys working in a collaborative
environment as a member of a high performing accounting team.
Principal Accountabilities:
Time % End Results
50%
Accounting Operations - Perform accounting activities for Unitil and its subsidiaries
including monthly, quarterly, and annual accounting close activities and related journal
entries, reconciliations, and rollforwards. Perform the timely, accurate and complete
recording of financial information as required for external review and internal management
decision making purposes. Provide accounting support to all functions within the Unitil
companies to assist each function in meeting its goals by attending meetings, providing
analytical information, or accounting expertise. Prepare reports, perform account analysis,
write-up variance analysis on operating results, and perform Cash Flow analysis to satisfy
the SEC, FERC, MDPU, MPUC, NHPUC, internal management, and external auditors.
Present results of operations as needed to other department managers and Controller for
decision-making purposes. Support the compilation of the annual Operating and Capital
budgets.
25% Reporting - Prepare financial statements and other financial reports in accordance with
various accounting and reporting standards, including US GAAP, FERC, and SEC.
10%
Internal Controls - Monitor all aspects of the General Accounting systems including
accounts receivable, accounts payable, payroll, and cost accounting to ensure that detailed
transactions are properly recorded and reported. Act in a verification capacity by testing for
reasonableness of the various feeds to the trial balance. Review and maintain current
account reconciliations for all accounts under general accounting control and monitoring
account reconciliation under subsystem control.
Job Posting
Post: 01/14/2025 Remove: 01/21/2025
10%
Systems Development - Identify and recommend ways to improve the efficiency and
responsiveness of General Accounting systems and procedures, especially as it relates to
the monthly closing process. The position has the responsibility for operating and
maintaining the various accounting information systems and ensuring the integrity of the
information being reported, such as from Excel, Flexi General Ledger, Renovo Financial
Reporting, Powerplan and the USC Time & Billing System.
5% Regulatory Compliance - Prepare reports and provide evidentiary responses to data
requests to satisfy FERC, MDPU, NHPUC, MPUC and other regulators.
As
Needed Must be available to assist in the Company’s storm restoration efforts.
Qualifications:
• Bachelor’s Degree in Accounting. CPA or MBA preferred.
• 4-6 years General Ledger accounting experience or equivalent. Utility accounting experience
preferred.
Unitil is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive
consideration for employment without regard to sex, gender identity, sexual orientation, race,
color, religion, national origin, disability, protected veteran status, age, or any other characteristic
protected by law.