Senior Accountant & Reporting Analyst

New York Power Authority•White Plains, NY

33d•$98,000 - $123,000

About The Position

This position is part of the Controller's organization and reports to the Senior Manager, Reporting & Technical Accounting. The individual will support the Controllers team with various reporting, both external and internal, and prepare quality quantitative and qualitative analysis for senior management. Responsibilities include preparing financial reports, supporting audits, gathering and analyzing data, and developing business reports and dashboards, ensuring compliance with New York State Public Authority's Law and other accounting rules and regulations, including US GAAP, GASB, FASB, and FERC. Candidates with CPA will be highly preferred. Major responsibilities will include: Assist in preparing mid-year and annual financial reports according to governmental accounting standards and regulatory requirements, including supporting schedules. Collaborate with cross-functional teams to gather and analyze financial and non-financial data for inclusion in external reports. Support the annual audit process by liaising with external auditors to meet deadlines. Review and assist in preparing position papers on various accounting pronouncements.

Requirements

Strong working knowledge of accounting principles and Financial Accounting Standards Board (FASB ) and Government Accounting Standards Board (GASB) pronouncements and Internal Controls.
Strong knowledge and utilized analytical skills in Financial Reporting and Internal Controls is required.
Developed understanding of accounting principles and their practical application is required.
Ability to research and analyze complex transactions to determine impact on financial statements and forecasts.
Strong ability to interpret financial results and present analysis to management.
Established knowledge of computerized accounting systems, as well as a good understanding of PC software systems with proficiency in the use of Microsoft Office Suite.
Highly developed knowledge of Enterprise Resource Management software functional modules and systems' integration.
Strong oral, written and interpersonal communication skills are required for dealing with internal staff and management and for external interaction with American Public Power Association (APPA) members, Government Accounting Standards Board (GASB), etc.
Strong negotiating skills and diplomacy in obtaining deliverables from other departments/facilities
Bachelor's degree in Accounting, Finance or related field.
Minimum 4 years related experience preferred.

Nice To Haves

Candidates with CPA will be highly preferred.
Basic knowledge of hedge accounting and derivatives is preferred.
Experience with utility industry preferred.

Responsibilities

Prepare accurate and timely reporting of various complex sections of NYPA's financial statements.
Record daily and monthly treasury debt and financial investment activity in ERP financial system. Verify and confirm debt transactions and balances to treasury records, periodically.
Perform account maintenance in ERP financial systems.
Obtain Quarterly Accrual Rates from the Department of Energy (DOE)
Create and input monthly journal entries to record the accruals and any future payments.
Analyze the material and supplies inventory and related accounts' monthly balances and transactions. Prepare and maintain required analyses for senior management.
Provide guidance and training to facility and business unit personnel regarding accounting principles, internal controls, ERP financial system end user procedures and business processes
Prepare and discuss required audit schedules, account analyses and variance explanations with external auditors at interim and year-end in financial statement areas of responsibility.
Determine the impact of rules issued by accounting standards-setting bodies and tax authorities that affect NYPA's accounting and financial reporting.
Ensure that the accounting/reporting processes, policies and procedures in areas of responsibility are in compliance with established NYPA's policies, financial regulations and acceptable accounting practices.
Provide assistance and support as needed in coordinating audits conducted by external parties, including external audits of financial statements and other government mandated audits.
Conduct complex reviews, prepare analysis, and provide recommendations to management in an effort to streamline practices and procedures.
Participate in all ERP financial system upgrades by performing transactions and running reports in the test module, and provide feedback.