Senior Manager, Technical Accounting

AES•Arlington, VA

About The Position

The AES Corporation (NYSE: AES), a Fortune 500 company, is a leader in the global energy revolution, operating in 14 countries and committed to shaping a future through innovation and collaboration. Recognized as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022 and certified as a Great Place to Work, AES is dedicated to its people and groundbreaking ideas. As the #1 globally ranked company in renewable energy sales to corporations, with $12.7B in revenues in 2023, AES provides electricity to 25 million customers worldwide and is committed to meeting the Paris Agreement's goals by 2050. The company's innovative solutions, such as 24/7 carbon-free energy for data centers, are driving rapid, global decarbonization. AES is seeking individuals ready to drive change and energize their careers in the global energy transformation.

Requirements

Bachelor’s degree in Accounting/Finance/Business or a related field from an accredited college or university.
Minimum of five (5) years of recent verifiable experience in an accounting Manager role including accounting research/technical accounting analysis within a large multi-national firm.
Proficient in personal computer skills.
Strong research, interpersonal, and project management skills.
In-depth knowledge of US GAAP and ability to understand and interpret complex accounting guidance.

Nice To Haves

CPA certification.
Strong analytical skills.
Ability to read and interpret complex contract language.
Effective oral and written communication skills.
Demonstrated leadership of a team and managing competing priorities in a dynamic environment.
Self-motivated and able to work in a team with limited supervision.

Responsibilities

Perform independent research of complex accounting transactions and prepare/review technical accounting memos.
Review research and documentation performed by senior technical accountants and provide timely feedback.
Provide support to internal and external audits.
Build relationships with generating plants, cross-functional groups, and Corporate counterparts.
Develop Company-specific and industry knowledge to become a point of contact for accounting issues.
Delegate work as appropriate.
Lead due diligence and transaction reviews from an accounting standpoint for M&A.
Research, document, and review complex accounting transactions including derivatives, revenue arrangements (ASC 606), leases (ASC 842), and consolidation accounting.
Ensure conclusions in documentation and research are fully researched and supported.
Provide timely accounting analysis for proposed transactions and recommendations on deal structure to support the M&A team and Senior Leadership.
Serve as a lead accounting resource on M&A projects.
Oversee the updating and maintenance of the Contract Accounting Treatment system.
Provide supervision and leadership to more junior technical accounting staff.
Stay up-to-date on new accounting pronouncements and relevant GAAP issues, evaluating their impact on the Company.
Provide relevant information and accounting changes to other departments when impacted.
Prepare or participate in the preparation of certain footnote disclosures for public financial statements.
Participate in the review of financial statements for external filings.
Assist with information requests from external auditors.
Develop and maintain adequate SOX compliance related to technical accounting.
Assist in special accounting projects as assigned.