analyst Hicksville, NY
National Grid
Full Time
Hicksville, NY
120000 - 98000 USD ANNUAL Today
Job description
Senior Analyst, Derivatives Accounting
Location:Hicksville, NY, US, 11801 Brooklyn, NY, US, 11217 Waltham, MA, US, 02451
Division: Research and Policy Derivatives
Job Type:
Requisition Number: 44759
Department:
Job Function: Finance and Risk
About us
National Grid is hiring a Senior Analyst, Derivatives Accounting and Reporting for our Controllership department in Hicksville, NY; Brooklyn, NY or Waltham, MA.
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
Job Purpose
This position is responsible for preparing accurate and timely journal entries for monthly and quarterly derivative activity, reviewing financial documents (e.g. contracts, financial reports) and preparing derivative-related footnote disclosures. The role will assist with developing reports and reviewing them for accuracy, collecting financial and performance related documents to complete group reporting and subsidiary financial statements, creating process documentation and recommending systematic improvements and efficiencies. Reports to Manager, Derivatives Accounting.
Key Accountabilities
- Gather appropriate source data from system and through communicating with Middle Office and Front Office.
- Prepare and post monthly and quarterly journal entries in general ledger for our derivatives portfolio (US GAAP and IFRS).
- Reconcile general ledger activity to financial statements.
- Support reporting function with the submission of mandatory filings and ensures compliance with SOX and internal controls, including reviewing financial statement footnote requirements.
- Assist in applying technical standards and analysis to complex accounting transactions in accordance IFRS and US GAAP specific to derivatives.
- Participate in creation of accounting policy documentation, ensuring implementation in Finance.
- Generate insight to linking operational performance (effectiveness, efficiency) with financial performance.
- Utilize visualization and build dashboards to review organizational performance.
- Provide support and analysis to evaluate financial and regulatory impacts of various initiatives and projects enabling prioritization and decision making.
- Partake in ad hoc accounting and finance projects and analysis as needed.
Qualifications
- Bachelor's Degree in Accounting
- CPA (Desirable)
- 3 – 5 years experience in accounting
- Big Four public accounting experience a plus
- Close familiarity with applying US GAAP, IFRS, Sarbanes-Oxley and SEC regulations
- Strong understanding of derivative accounting (ASC 815, IFRS 9)
- Comfort with navigating through large and complex spreadsheets, and associated system interfaces
- Familiarity with process of creating journal entries, with adequate level of supporting documentation, and uploading entries into general ledger as part of a financial reporting close cycle
- Excellent written/oral communication skills – comfortable gathering and presenting detailed supporting documentation, with ability to explain process to external auditors
- Effective collaboration and partnership capabilities to work well with other departments and external auditors
- Experience performing and reviewing SOX internal controls
- Strong Microsoft Excel experience required
- Experience in SAP preferred
More Information
#LI-MR1 #LI-HYBRID
Salary
$98k - $120k a year in Brooklyn, NY and Hicksville, NY.
$92k - $114k a year in Waltham, MA.
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.
Nearest Major Market: New York City
Recruitment Advisory
National Grid
https://careers.nationalgridus.com/
Waltham, MA
John Pettigrew
$5 to $10 billion (USD)
10000+ Employees
Company - Public
Energy & Utilities
1990
