Fixed Asset Analyst III

What makes us great

At the heart of our Company is a dedication to delivering energy that drives progress. We put people first, work to keep them safe and build trusting relationships.

Your role in our success:

The Fixed Asset Analyst, III, is responsible for maintaining the integrity of the Company's fixed asset records and supporting the accounting, reporting, and compliance activities related to capital assets. This role manages fixed asset additions, transfers, retirements, depreciation, Construction in Progress (CIP) activities, reconciliations, property tax support, fixed asset inventories, and month-end close activities. The position collaborates with Operations, Engineering, Project Managers, Tax, Accounts Payable, and Accounting to ensure assets are properly classified, capitalized, and reported in accordance with company policies, GAAP, and SOX requirements. Responsibilities commonly include CIP review, fixed asset inventories, PowerPlan reconciliation, depreciation, journal entries, and property tax support.

What you'll be working on:

Fixed Asset Accounting

• Maintain fixed asset records including additions, transfers, retirements, and disposals.
• Calculate and review monthly depreciation.
• Prepare fixed asset journal entries.
• Perform monthly fixed asset and accumulated depreciation reconciliations.
• Ensure accurate classification of capital versus operating expenditures.

Construction in Progress (CIP)

• Review and monitor Construction in Progress projects.
• Partner with project managers to determine when assets should be placed into service.
• Assist with CIP account cleanup activities.
• Track project costs and coordinate capitalization of completed projects.

Month-End Close & Compliance

• Support month-end, quarter-end, and year-end closing activities.
• Prepare account reconciliations and supporting schedules.
• Assist with internal and external audit requests.
• Support SOX control documentation and testing.
• Ensure compliance with GAAP and company capitalization policies.

Fixed Asset Inventory & Property Tax

• Coordinate and conduct physical inventories of fixed assets.
• Research and resolve inventory discrepancies.
• Maintain asset tagging and tracking records.
• Assist with personal property tax filings and supporting schedules.

Reporting & Analysis

• Prepare fixed asset roll-forward schedules.
• Analyze capital spending trends and depreciation activity.
• Support management reporting and special projects.
• May be required to support and or advise other projects.
• Performs other related duties as assigned.

Who you are:

• Highschool Diploma / GED
• Preferred: Bachelor's degree in business or related field.
• Seven (7) years of experience in fixed asset accounting, project accounting, utility accounting, accounting operations, or construction accounting.
• Proven experience leading large scale, highly complex, multidisciplinary teams and external partners in a complex project environment preferred.
• Demonstrated experience engaging executive-level stakeholders and making decisions with significant operational, financial, and strategic impact preferred.
• Experience serving in a senior leadership role responsible for the delivery of large-scale infrastructure, energy, utility, transportation, or industrial projects.
• Experience supporting SOX compliance preferred.
• Experience with capital project accounting preferred.
• Utility industry experience preferred.
• Advanced Microsoft Excel preferred.
• Knowledge of fixed asset accounting, depreciation, capitalization, and Construction in Progress (CIP) accounting.
• Knowledge of GAAP, SOX controls, and accounting policies related to capital assets.
• Skill in account reconciliations, journal entries, and month-end close activities.
• Skill in analyzing fixed asset transactions, depreciation activity, and capital spending trends.
• Proficiency in Microsoft Excel and ERP/accounting systems, including fixed asset management applications.
• Ability to maintain accurate fixed asset records and ensure data integrity across systems.
• Ability to identify, investigate, and resolve accounting and inventory discrepancies.
• Ability to support audits, regulatory reporting, property tax filings, and compliance requirements.
• Ability to collaborate effectively with Accounting, Operations, Engineering, Project Managers, and other business partners.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities in a deadline-driven environment.

Benefits/what's in it for you?

• Flexible work arrangement
• Competitive base salary
• Fantastic opportunities for career growth
• Cooperative, supportive and empowered team atmosphere -
• Annual bonus and salary increase opportunities
• Endless wellness initiatives and community events
• Robust and customizable benefit packages-choose what works best with your life. Options include generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and MORE!
• Paid time off, holidays and a separate bank of sick time!

Chesapeake Utilities Corporation is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, disability or veteran status, among other factors. Applicants with a disability that need assistance applying for a position may email careers@chpk.com.