Capital Assets Advisor - #110969

Enbridge Inc.


Date: 2 weeks ago
City: Edmonton, AB
Contract type: Full time
Description

Posting End Date:April 15, 2024Employee Type:Regular-Full time

Union/Non: This is a non-union position

At Enbridge, our core values of safety, integrity, respect, and inclusion drive our mission to support and improve the communities in which we live and work. We put people first and strive to make our communities better places! As such, we are excited to welcome an Advisor onto the Liquids Pipeline Project Accounting team!

Have you ensured effective accounting and governance procedures for safeguarding capital assets in accordance with US GAAP, SOX controls and other internal policies are in place and followed? If so, then we encourage you to apply to your next career opportunity! While on the team you will partner and collaborate with the business on the delivery of all project accounting activities by engaging with collaborators to cultivate and grow relationships that are critical to the success of the Liquids Pipeline Capital Assets team.

You will look for opportunities to integrate with internal project teams to initiate, develop and deliver business requirements and training at regular intervals while reviewing and monitoring the Liquids Pipeline capital project entities for the Alberta based project accounting team. We offer opportunities for career development, growing your knowledge and skills, and an exciting career with competitive benefits and pension package including generous time off. Apply today to this excellent opportunity on our diverse team!

#joinourteam What you will do: Review, process and approve Authorization for Expenditure (AFE) submissions and setup/baseline new AFEs and AFE revisions. This includes providing guidance to AFE initiators and approvers and troubleshooting and resolving issues.

A sound understanding of Delegation of Authority (DOA) is required to ensure that appropriate funding support is in place prior to approving AFEs. Monitor and manage AFE’s In Service Dates (ISDs), project end date extensions, Capital

Interest (AFUDC) flags etc. Validate DCF Capital Classifications and monitor changes via lists and vetting process for all AFEs. Monitor inactive AFEs and coordinate project closure.

Administer project close out forms to ensure unitization is done in a timely manner. Gain a solid understanding of the Capitalization Policy, Distributable Cash Flow (DCF) Capital Classifications and knowledge of Intangibles and Contributions In Aid of Construction (CIAC) requirements that are essential for proper AFE setup.

Maintain a sound understanding of Enbridge’s Liquids Pipeline legal entity, Line of Business (LOB) and Operating Unit (OU) structure. Gain an adequate understanding of various Liquid Pipeline commercial agreements that have an impact on capital. Maintain a working knowledge of US GAAP with the objectives of ensuring accurate accounting and financial reporting treatment.

Coordinate and administer monthly project cost sign-off in accordance with SOX requirements. Prepare quarterly SOX CWIP review and collect responses from Project Managers team. Alert project teams on cost overruns and need for budget revisions.

Aggregate, review, and process monthly project accruals in accordance with established procedures. Identify and maintain unique project lists (i.e. Post Construction Environmental Monitoring) in collaboration with the business. Provide scheduled training and ongoing support/guidance on Capitalization policy, Capital Classification, DOA, Accruals, Project setup and Oracle Project Management (OPM) workflow etc.

Provide training and mentorship to peers and junior staff members within the department. Administer Project Accounting SharePoint site and review and update reference materials in the Capital Assets ELink page. Collaborate with other locations and setup and monitor Inter Project (IP) and Cross Company projects.

Prepare intercompany entries and aid in coding. Perform Tangibles vs. Intangibles analysis, reconcile against applicable GL balances and make necessary adjusting entries. GAAP Account recs (CWIP, RWIP, Intangibles), FERC Account ReconciliationsSource AFUDC rates for LP and supply to Corp PA team for inputPA Reporting (Regulatory, Tax), CWIP by

State/Province Reporting for Liquids PipelineRespond to PwC inquiries and other audit requirements. Support Capital Review processes during the Budget / LRP cycle. Attend CRC meetings as needed.

Establish engagement and feedback loop with partners. Become skilled at managing any other unique aspects of the business unit that does not need Fixed Asset Accounting’s involvement. Provide assistance to Fixed Asset Accounting Liquids Pipeline team in times of need.

Provide capacity coverage for FP&A. Collaborate with other Project Accounting (PA) teams on specific deliverables as directed by Manager. Who you are: You have:A university degree specializing in accounting and/or professional designation with 4+ years of directly related accounting experience Sound knowledge and the ability to apply accounting, auditing, tax and regulatory standards and principles while being an effective problem solver who is customer focused

You can: Be innovative, assertive, friendly natured and approachable with a can-do attitude while also being an independent self-starter who is diplomatic Show strong digital literacy and proficiency with Oracle ERP systems, specifically Project Accounting along with strong Microsoft Excel skills and system knowledge using querying tools and pivot tables You are: Extremely organized and capable of balancing multiple priorities along with big picture issues with the detail

An excellent written and verbal communicator who is self-confident in opinions, flexible in approach with strong interpersonal skills that values others’ opinions and respects diversity The following are considered assets: Professional accounting designation or actively pursuing designation Working Conditions: Work performed in standard office environment (95%) Infrequent travel (5%) Enbridge provides competitive workplace programs that differentiate us and offer flexibility to our team members.

Enbridge’s FlexWork (Hybrid Work Model) offers eligible employees the opportunity to work variable daily schedules with a flexible start and end time, to opt for a compressed workweek schedule, and the option to work from home on Wednesdays and Fridays. Role requirements determine your eligibility for each option or combination of options.

#LI-Hybrid #joinourteam Working Conditions could be modified at senior leadership’s discretion

Diversity and inclusion are important to us. Enbridge is an Equal Opportunity and Affirmative Action Employer. We are committed to providing employment opportunities to all qualified individuals, without regard to age, race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or expression, marital status, family status, veteran status, Indigenous/Native American status, or disability.

Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting *******@enbridge.com.Information For Applicants:Applications can be submitted via our online recruiting system only. We appreciate your interest in working with us; however, only those applicants selected for interviews will be contacted.

Final candidates for this position may be required to undergo a security screening, including a criminal records check. To learn more about us, visit www.enbridge.com

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