Job Information
National Grid Lead Analyst - Technical Accounting in Brooklyn, New York
About us
National Grid is hiring a Lead Analyst to join the Technical Accounting team within the US Controllership in a HYBRID capacity in Brooklyn or Syracuse, 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 put 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.
About the Role
The Lead Analyst is responsible for the review of financial documents (e.g. contracts, financial reports, etc.) and for supporting the development of recommendations regarding the financial implications thereon under both US GAAP (including regulatory accounting principles) and IFRS. Participates in research and documentation of technical accounting matters and complex transactions, including implementation and monitoring activities related to recently adopted accounting standards. Responsible for engaging Stakeholders to support the execution of periodic controls in National Grid’s control environment and for providing perspective and support in responding to queries in a timely manner as they arise. Additionally, the Lead Analyst will be the primary interface with external auditors and internal stakeholders in an audit coordination capacity and will, from time to time, provide general accounting support.
What You'll Do
Apply technical standards and analysis to complex accounting practices and transactions.
Participate in creation of accounting policy documentation; research and monitor activities of all accounting standards and reporting practices to provide proactive revisions to policies and standards.
Engages key stakeholders across Finance departments to support and monitor implementation of recently adopted accounting standards and/or updated accounting policies.
Supports Director of Technical and Complex Accounting with the dissemination of pertinent policy revisions or updates, including the conveyance of implementation guidance for new FASB and IFRS standards.
Works directly with Business Partners across US Controllership, Finance, Business, and Group to provide technical accounting perspectives and conclusions on a timely basis for proposed transactions, including comparisons of conclusions based on structures.
Assists Technical Accounting Director with performing key control assignments on a periodical basis, ensuring that controls operate efficiently and effectively.
Participates in the development of, technical trainings to ensure compliance to policy standards.
Supports information gathering and analysis to provide perspectives and conclusions under US GAAP, IFRS and regulatory accounting principles on queries and requests that may arise in a timely basis (e.g. auditors’ requests, business’ requests). Provide support and analysis to evaluate financial and regulatory impacts of various initiatives and projects enabling prioritization and decision making.
Act as key liaison between external auditors and internal stakeholders to ensure an effective and efficient audit.
Support ad hoc general and/or recurring general accounting processes (for example, completeness of accounts payable).
What You'll Need
Bachelor’s Degree with a minimum of 5 years’ experience in Accounting or Finance with increasing responsibility (BS in Accounting preferred)
5+ years of experience within a regulatory accounting environment with increasing responsibility, or, 5+ years in public accounting with increasing responsibility and experience in an industry that has tangibles (e.g. manufacturing, energy, tech, etc.)
‘Big 4’ experience in audit or accounting advisory preferred.
CPA or equivalent international accounting license (or licenses candidate) - preferred
Demonstrated practical knowledge and understanding of US GAAP and IFRS, and the ability to translate accounting conclusions to business outcomes.
Demonstrated ability to prepare clear and quality technical accounting memos and documents.
Proven experience in assessing risk and developing policies and standards to mitigate identified risks.
Ability to develop technical training and ensure implementation.
Utility industry accounting background as well as practical knowledge in the application of ASC 980 Regulated Operations – preferred.
Experience in structuring mergers, acquisitions and other complex transactions from an accounting perspective – preferred.
Process management.
Working as part of a team but able to work on own initiative when required.
Effective verbal/written communication skills and collaboration and partnership capabilities to facilitate the transfer of knowledge across the business.
More Information
#LI-NK1 #LI-HYBRID #LI-TECHNICAL ACCOUNTING #LI-SYRACUSE #LI-WALTHAM #LI-BROOKLYN
Annual Salary
DNY: $121,000-$142,000
MA: $113,000-$133,000
UNY: $100,000-$118,000
Salary commensurate with experience and location.
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.