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Philadelphia Gas Works Accounting Supervisor, Capital Projects and Fixed Assets in Philadelphia, Pennsylvania

Philadelphia Gas Works

Looking for a challenge and ready to light up your career?

The Philadelphia Gas Works (PGW) is the largest municipally-owned gas utility in the nation, supplying gas service in the City of Philadelphia to over 500,000 customers. From its humble beginnings in 1836, PGW has grown into the large, modern facility that exists today. As one of the nation's leading natural gas providers, PGW prides itself on stability and continual growth. PGW is dedicated to becoming the Greenest Natural Gas Delivery Company in the region.

Make a difference in your future – Become part of the PGW Team!

This Accounting Supervisor, Capital Projects and Fixed Assets is expected to maintain and improve business processes through personal contribution and oversight of others and is responsible for the control and coordination of the daily activities of the capital accounting system and the maintenance of the necessary records to support, secure and identify the various physical capital assets. These functions include the maintenance of necessary records to support, secure and identify the capital assets of PGW. The incumbent sets job standards and performance expectations as well as provides technical guidance to subordinates. This positon ensures that the basic pieces of work are completed in a quality, timely and efficient manner.

Capital Budgets & Reconciliation Administration

Oversee and coordinate the review, design, selection, implementation and maintenance of a fixed asset/capital spending reporting and control systems that ensure:

-Size of the capital investments and additions meet management requirements

-Property record adjustments reflect the physical transfer of equipment within the company

-Reclassification of property after functional changes in the use of equipment or property occur

Oversee the audit of expenditures for plant assets and the classification of such property expenditures as defined by the Federal Energy Regulation Commission; maintains an accurate recording of property retirements; coordinates and expedites the annual audits related to plant investments; maintains the general ledger and detailed property and depreciation records which support plant investment; acts as the primary liaison with independent auditing staff in the areas related to property, plants and equipment special year-end reports.

Prepare, coordinate, review, issue and control regular monthly, quarterly, annual and ad hoc property records reports including various capital and lease expenditure reports, forecasts and projections.

Coordinate the preparation of third-party billing resulting from reimbursable capital practices to ensure timely billings and cost recovery.

Verify the accuracy of journal entries and approves transactions related to property, plant and equipment prior to posting in the general ledger.

Assist in the review, selection, implementation and maintenance of accounting systems related to the general ledger and related interfacing systems including labor distributions, accounts payable and disbursements, collections and billing, budget, payroll and capital assets.

Personnel Management

Coordinate subordinate work activities by developing project time-lines, milestones and analyzing impact, determining priorities of activities, making work assignments, monitoring projects, and providing direction and assistance as needed.

Assess employee needs ensuring subordinates are properly trained and adhere to company policies, practices and procedures including collective bargaining agreement when applicable. Assists the Manager first step union grievance procedures.

Evaluate and meet with subordinates to discuss work performance providing appropriate commendations and disciplinary actions to ensure employees are well equipped to meet and/or exceed job expectations.

Finance & Accounting

Calculate depreciation expenses for proposed budgets vs. actual value.

Participate in the annual budget preparation process as needed or requested.

Serve as a Labor Administrator for the Time, Labor and Management system (TLM) ensuring system integrity by addressing future issues, defects, new configuration, reporting requirements and general system maintenance as well as providing direction over the labor and ancillary cost accounting functions and allocation information systems.

Other Related Functions

Keep abreast of current accounting regulations and standards; ensures unit is up-to-date and processing information in accordance to federal, state and local regulations.

Perform other special projects and assignments as directed.

Bachelor’s Degree in Accounting, Finance, Business Management or other related area is required.

1 – 3 years’ experience directly related to capital budgeting, spending, control and reporting in a capital intensive environment or similar experience including auditing experience.

Must have supervisory skills with the ability to create a professional and constructive environment that fosters a team-oriented and customer service approach to day-to-day operations.

Must be knowledgeable in the application of Generally Accepted Accounting Principles (GAAP) and the Governmental Accounting Standards Board (GASB).

Must have knowledge of the Uniform System of Accounts issued by the Federal Energy Regulatory Commission (FERC) accounting requirements.

Must be able to communicate clearly and persuasively to management, union and employees regarding customer service initiatives, issues and problems.

Must have analytical skills with the ability to produce detailed verbal and written financial reports/statements.

Must be familiar with Accounting Software packages, preferable Oracle Financials.

ID: 2020-1545

Department for Portal Display: Accounting & Reporting Department

External Company URL:

ADP Department #: Accounting & Reporting Department [45]

Street: 800 West Montgomery Avenue