Job Description

Share Our Purpose. Be Yourself. Feel Valued. People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals. We are Beautifully Different. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized on the 2023 Bloomberg Gender-Equality Indexfor the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram. Primary Role Member of the regulatory tax department: The regulatory tax department supports results of the tax reporting and compliance team in the regulatory affairs of the company in order to meet the overall financial strategies and objectives of the company. The regulatory tax department integrates tax strategies into rate mechanisms, provides expert witness testimony with regulatory proceedings, and is responsible for the calculations that support plant related accumulated deferred income taxes and excess deferred income taxes and amortization. This role is responsible for the preparation of income tax specific sections and exhibits of rate cases and other regulatory filings, the identification and implementation of key tax savings and/or process improvements, and providing support for income tax matters of the business including tax reconciliations, compliance and audits.Key Accountabilities

• Provide rate case support, and accounting considerations, as applicable, to a regulated company and its subsidiaries (excluding payroll taxes).
• Prepare the data requests related to rate cases and rate filings.
• Conduct research and interpret tax law for review by tax managers and directors.
• Support the tax accounting considerations and rate-making implications related to merger and acquisitions, and/or other business initiatives with a primary focus on the regulatory impacts.
• Other responsibilities may include assisting with tax compliance and tax accounting and other special projects and assigned tasks.
• Recommend and help implement changes to tax department processes to standardize procedures and increase tax efficiencies. Have the ability to solve complex and diverse problems that require tax specific skills and job knowledge to determine best course of action.
• Establish relationships with key internal and external groups, including finance, accounting, rates and operational personnel. Serve as a subject matter expert to colleagues. Contribute to measurable team and/or organizational objectives.Knowledge/Skills
• Ability to manage competing priorities and the pressures associated with tax filings and general business demands. Strong analytical and problem-solving skills.
• Strong written and oral communication skills with proven ability to interact effectively with internal customers, management and external professionals.
• Ability to effectively work independently.
• Strong interpersonal skills, with an emphasis on initiative, knowledge sharing, team building and decision making.
• Tax compliance knowledge and experience, especially with accounting for income taxes (ASC 740) and Sarbanes – Oxley requirements.
• Experience in the utility industry and knowledge of regulatory accounting desired.
• Experience with tax fixed asset calculations desired.
• SAP, PowerPlant, Hyperion, SharePoint and Tax software experience desired.Experience/Education
• 5 to 7 years’ experience in income tax accounting
• Requires a bachelor's level degree.
• Work experience that provides the knowledge of and exposure to tax accounting as well as theories, principles and concepts of tax reporting and compliance.
• CPA is desired.
• Public accounting experience is preferred.Travel Requirements
• Ability to travel 0-10%
• Active State Driver's License required with the ability to pass a motor vehicle report. Work Environment
• Indoor office environment/hybrid remote.
• 3 days in the office 2 days offsite. CompetenciesChampions safetyCollaboratesCultivates innovationCustomer obsessedDrives ResultsNimble learning

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