Capital Assets Accountant

AdCode:  1209
Date:  Jun 27, 2024
State:  TX
City:  Sugar Land
Business Unit:  Gulf Coast Utilities
Category:  Accounting
Job Type: 

For over 50 years, Texas Water Utilities has been a trusted provider of water and wastewater utility services. Today, we serve over 143,000 customers in 207 Texas communities. Our service area reaches throughout the state of Texas from Mitchell County in central Texas to Matagorda on the Gulf Shores. It all starts with our people – proud members of their communities, dedicated to delivering safe, reliable, and cost-effective water utility services.

Position Overview

Texas Water Utilities is seeking an entry level Capital Assets Accountant with a strong focus in fixed assets to support our Accounting team. This role will ensure that all fixed asset activity is accounted for accurately by identifying, properly depreciating, and maintaining fixed assets as well as accounting for a company's financial well-being maintaining strong internal controls to ensure integrity of data. In addition, this role will perform, analyze and review a wide variety of costs and charges to ensure compliance with established Company accounting procedures and reliable accounting practices.


What We Offer

  • Salary Pay Range: $60,000 - $73,000
  • 401k Company Match: 100% of the first 6% of your eligible compensation contributed to the Plan
  • Vacation Accrual:  Starting at 3 weeks per year
  • Holidays: 10 company-paid holidays per year
  • Floating Time: 16 hours of paid floating time per year
  • Additional Benefit Plans include Medical, Dental, Vision, Company-Paid Life Insurance and more
  • Training, Professional Certifications, and Education Allowance


Work Location: Position is based out of our administrative office in Sugar Land, Texas. Potential for hybrid remote work is available.

What You'll Do

This position will be willing and able to perform the following duties and others as assigned:

  • Monitor fixed asset activity, budget, capital asset, depreciation, expense reports and prepare balance sheet reconciliations
  • Analyzing monthly operating results, explaining variances and assist in preparing monthly and annual regulatory reports
  • Maintains file system of fixed asset records, analyze costs/charges and conducts records maintenance activities in compliance
  • Completing additional projects as needed based on management requirements and prepare 
  • Identifying and reporting issues to the Accounting Manager or Supervisor
  • Accounting for service orders and CWIP with proper cost classification
  • Preparing and uploading journal entries for month-end close

Reasonable Accommodations Statement 
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

What You'll Bring

  • General knowledge of GAAP in order to appropriately maintain financial records is preferred
  • Moderate to advanced knowledge of standard office spreadsheet, data and word processing programs
  • Strong analytical skills, ability to use thinking and reasoning to effectively identify and solve water quality problems
  • High level of proficiency with Microsoft Office 365 suite including Microsoft Excel, Word, Outlook, SharePoint, and PowerPoint
  • Effective verbal and written communication skills
  • SAP experience highly preferred
  • Strong fixed asset experience


Education and Certifications

  • Bachelor's Degree with major in Accounting or Business Administration required
  • Certified Public Accountant (CPA) certification is a plus


Work Experience

  • Entry level up to 3 years

We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law.

Nearest Major Market: Houston