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Manager of Gross Margin Regulatory Accounting

Company: CTwater
Location: San Jose
Posted on: March 20, 2025

Job Description:

Job Title: Manager of Gross Margin Regulatory Accounting
Requisition ID: req912
Type of Employment: Regular Full-Time Employee
Job Openings: 1
Compensation Range: 128,112.00 - 230,622.00
Compensation Type: Annual Salary
Founded in 1866, San Jose Water Company is an investor owned water company headquartered in Silicon Valley. With a service area of 140 square miles, it is one of the largest and most technically sophisticated urban water systems in the United States. We serve over 1 million people with high quality, life sustaining water, with an emphasis on exceptional customer service.
We are actively seeking talented, driven and highly-productive applicants for the position of Manager of Gross Margin Regulatory Accounting to join our dynamic team. We offer a challenging and rewarding work environment along with a competitive salary and an excellent benefits package.
Under the general direction of the Assistant Controller, Utility Accounting, the Manager of Gross Margin & Regulatory Accounting is responsible for the accounting and analysis related to SJW Group revenues and production costs across all states. This position is distinguished by direct overall supervisory responsibility for the day-to-day activities of professional staff performing a wide variety of complex financial, accounting, reporting, technical accounting and regulatory analysis.
Key Responsibilities:

  • Responsible for the accounting and analysis related to revenues and production costs across all states.
  • Manage regulatory accounting, understand state-specific requirements, implement rate case decisions, and oversee current regulatory mechanisms.
  • Responsible for the month-end close of gross margin and water accounting, including unbilled revenue, as well as analysis, internal and external audits, financial reporting, and special projects.
  • Manage a multi-state team. Recruit, hire, train, develop and conduct performance evaluations.
  • Prepare various detailed monthly reports analyzing all changes in revenue and production costs; including detailed price/volume analysis, impacts of rate filings, usage, customer growth and weather.
  • Support rate case proceedings, including the preparation of filing schedules, responding to data requests, and participate in testimony, as required.
  • Work closely with FP&A to support budgeting and forecasting activities related to gross margin and regulatory accounts.
  • Collaborate with cross-functional teams to provide insights on gross margin performance.
  • Establish, document, and maintain controls, policies and procedures.
  • Support and provide oversight for applicable SOX controls.
  • Assist in research guidance, prepare accounting memos, and work with external auditors to align key areas.
  • Assist in the implementation of new accounting standards.
  • Support special projects and workflow process improvements.

    Minimum Requirements:

  • A bachelor's degree in a related field such as Accounting or Finance. Master's degree in a related field and/or a CPA a plus.
  • Strong knowledge of U.S. generally accepted accounting principles and internal controls. Five years professional level accounting experience.
  • Diversified experience with financial accounting systems, spreadsheets and database software is desirable. Advanced Excel skills.
  • Solid knowledge of integrated financial systems, and how they relate to both the overall infrastructure and reporting for enhancing decision-making. Experience with upgrading or implementing new accounting systems a plus.
  • Experience managing a team in multiple locations is a plus.
  • Relevant experience in the utility industry is required.
  • Exceptional analytical and reasoning skills combined with strong intellectual curiosity.
  • Exceptional planning and organization skills.
  • Proactive approach to problem identification and collaborative solutions, as well as excellent written and oral communication skills, including the ability to interact and build relationships across all levels of the organization.
  • Ability to work independently, complete work timely, and work well as a team member.
  • Meticulous and superior attention to detail.

    EEO Statement:Our Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.
    #J-18808-Ljbffr

Keywords: CTwater, San Jose , Manager of Gross Margin Regulatory Accounting, Executive , San Jose, California

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