Fixed Assets and Capital Accountant

Melbourne, VIC, AU, 3000


About the Role:

We currently have an opportunity for an experienced Accountant to join our Fixed Assets and Capital Accounting team based at our CBD Market Street head office. 

This is a permanent role responsible for the maintenance and management of the multibillion dollar statutory, taxation and regulatory fixed asset registers held by CitiPower, Powercor and United Energy. 

This includes performing all relevant month end closure activities including analysis, processing, and reconciling of Capex and Opex spend. Ensure the timely and accurate recording of additions, retirements, transfers, depreciation, and amortisation, in line with relevant Australian and International Accounting Standards and company policy.  Monitor and report on customer contribution and gifted assets activities.

The ideal candidate will have previous accounting experience, knowledge of fixed asset and/or capex accounting.  In addition to high attention to detail and problem-solving abilities. We are looking for a candidate with strong stakeholder management skills, a continuous process improvement mindset, advanced excel and familiar with SAP.


What you’ll deliver: 

  • Process asset additions, retirements, transfers & depreciation in the fixed asset register
  • Prepare monthly fixed asset related balance sheet reconciliations.
  • Prepare quarterly fixed assets movement schedules.
  • Prepare fixed asset schedules for regulatory submissions.
  • Monitor highlight and action outstanding Work in Progress balances to ensure assets are cleared in a timely manner.
  • Work closely with project teams and process daily transactional tasks and queries that are raised.
  • Prepare and review rebate models and post month end journals.
  • Prepare customer contribution models and post month end journals.
  • Identify and highlight potential opportunities for improved business performance.


To succeed in this role you’ll have:

  • Degree qualification in Finance or Accounting/Commerce (required)
  • Have or be working towards CA/CPA qualification.
  • Solid technical expertise in relation to knowledge and application of Australian and International Accounting Standards, Interpretations, Exposure Drafts, Conceptual Framework and Corporations Law
  • Good Fixed Asset accounting technical knowledge and experience in a similar role
  • Advanced knowledge of an ERP accounting system (preferred), SAP and MS Office (particularly Microsoft Excel).


Your career with us:

We have a diversity of teams across our business, all contributing to great customer and community outcomes. Our people are our most important asset, and we continually invest in nurturing their capability.

We proudly strive to provide a safe, inclusive and sustainable environment where all our people feel respected, valued and supported to bring their whole selves to work and be the best they can be. 

With an embedded Inclusion & Diversity Strategy and initiatives like our Women in Power networking group, and Sparkle, our LGBTIQ+ allies pride network, we’re committed to equal opportunities for all employees.  

We are proud to be recognised as a WORK180 Endorsed Employer for all women. Click here to check out our benefits.

Our greatest priority is the health, safety and wellbeing of our people and the communities we operate within. This includes their physical safety – ensuring everyone gets home safely everyday – as well as their psychological safety, by ensuring everyone has the resources and support needed to achieve a work-life balance and be the best they can be.


About us: 

We’re a team that cares about you and your community. CitiPower, Powercor and United Energy own and operate the electricity distribution networks servicing 1.9 million customers located across 65% of Victoria. These customers include a large numbers of households, as well as commercial and industrial businesses, world class arts, health and sporting precincts, popular tourism regions and the biggest infrastructure projects in Victoria.

In designing and delivering these services, our people are united by a real sense of purpose to empower customer choices in ways that are important for our communities and the environment. Using advanced analytics, knowledge built through years of practical expertise, partnerships with leading researchers, and the courage to experiment, our people are proud to be disruptive influencers amongst the electricity industry.  

Increasingly, our networks are connecting new large-scale renewable energy generators and integrating technologies like solar, batteries and electric vehicles as customers change the way they generate, use, store and share power. This demand is transforming the electricity market faster than any change we’ve ever seen before.  As a result, our people are at the frontline in developing and implementing innovative technologies and solutions necessary for the future of our industry not only in Victoria but globally.


What’s next? 

If you possess the required skills and experience and you are looking for a fantastic career opportunity, please submit your application by 24 July 2024.   


We encourage applications from all communities; people of all ages, genders, nationalities, abilities and cultures, including Aboriginal and Torres Strait Islander peoples, the LGBTQI+ community and people living with disability. 

If you require adjustments as part of the recruitment process to accommodate your needs, please don’t hesitate to discuss these with us.


Beon, CitiPower Powercor and United Energy recognise Australia’s Aboriginal and Torres Strait Islander Peoples as the First Peoples and Traditional Custodians of the lands on which we work. We pay our respects to Elders past and present and acknowledge their ancient and continuing connection to Country.

Aboriginal FlagTorres Strait Islander Flag


We work hard to ensure our organisation is inclusive and diverse. This means everyone can feel valued, trusted, authentic and safe at work.

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