Accounting Analyst 1, 2, Senior
Salt River ProjectAbout the role
Requisition ID: 20354
Join us in building a better future for Arizona!
SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.
Why Work at SRP
At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.
SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:
- Pension Plan (at no cost to the employee)
- 401(k) plan with employer matching
- Available your first day: Medical, vision, dental, and life insurance
- Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
- Parental leave (up to 4 weeks) and adoption assistance
- Wellness programs (including access to a recreation and fitness facility)
- Short and long-term disability plans
- Tuition assistance for both undergraduate and graduate programs
- 10 Employee Resource Groups for career development, community service, and networking
Summary
The Accounting Analyst, Cost & Plant Accounting (C&PA), is responsible for supporting and enhancing fixed asset and plant accounting functions for the organization. This role provides critical financial data, analysis, and specialized accounting expertise to support operational and strategic decision-making across the company. The Senior Analyst serves as a subject matter expert in property, plant, and equipment (PP&E) accounting, depreciation, and capital accounting practices, and acts as a key liaison between accounting services, operations, audit partners, and regulatory stakeholders.
What You'll Do
- Ensure the integrity and accuracy of fixed asset and related financial data by performing account reconciliations and maintaining compliance with established internal controls.
- Participate in the development of depreciation schedules and budgets, as well as miscellaneous expense forecasts.
- Prepare and analyze month-end close activities, including variance analyses and explanatory reporting.
- Develop ad hoc and recurring reports for internal business partners, executive leadership, external auditors, and regulatory entities
- Prepare and maintain control and performance reports related to financial and accounting systems.
- Conduct depreciation studies for capital assets using group and component depreciation methodologies.
- Maintain and interpret the Continuing Property Record (CPR) catalog and ensure alignment with regulatory and accounting requirements.
- Process and review master data changes in PowerPlan and related fixed asset systems.
- Perform software regression testing to validate the accuracy and reliability of third‑party system updates and patches.
- Support internal and external audit activities by providing documentation, data analysis, and responses to inquiries.
- Analyze and evaluate user requests for new or enhanced data and reporting capabilities within SAP and related feeder systems.
- Prepare specialized financial and accounting studies typically requested by executive management or governmental and regulatory agencies.
- Provide consultative guidance on capital versus operating expense determinations, asset unitization, depreciation, amortization, and net book value calculations.
- Serve as a liaison between Corporate Ac
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