VP, Controller NY

natgridProd • New York, NY

9d • Onsite

About The Position

National Grid is seeking a Vice President, Controller for its New York Business Unit (BU) and consolidated U.S. holding companies. This role is crucial for ensuring the integrity of external reporting and the control environment. The position involves partnering with the New York Chief Financial Officer (CFO), Group Controller, and other key stakeholders to drive successful business outcomes. The Vice President, Controller will be accountable for the accuracy of internal and external financial information for the three operating companies within the New York BU, as well as National Grid Service Company, National Grid USA Consolidated (NGUSA), and National Grid North America Consolidated (NGNA). This role requires strong commercial, technical, and regulatory expertise, with prior experience in accounting, financial reporting, tax, and regulatory reporting. The individual will lead and develop a team of approximately 19 people, including three direct reports, and will cultivate strong relationships with various internal and external stakeholders. Additionally, the role will provide accounting and regulatory support to the broader US Finance function, ensuring sound technical principles are integrated into financial processes, and will educate the New York business on the financial implications of significant business decisions.

Requirements

• Qualified accountant with significant SOX and FP&A experience.
• Strong technical credentials, with a background in audit preferred.
• Experience managing external auditors on large company audits.
• A track record of implementing significant new accounting standards.
• Experience with significant system implementations.
• Experience with both US GAAP and IFRS required.
• Knowledge of ASC 980 and FERC Uniform System of Accounts preferred.
• Experience with regulated utilities or the broader energy sector preferred.

Responsibilities

• Financial statement certification for New York operating companies, National Grid Service Company, NGUSA, and NGNA, along with certification of U.S. SOX controls.
• Accurate analysis, reporting, and narrative to explain financial results for the New York BU to internal and external audiences, including the development of a top-down view of performance.
• Orchestration, review, and challenge of the consolidated Strategic Plans and Budgets for the New York BU, including identification of risks and opportunities that could impact delivery.
• Concluding on complex accounting matters impacting the New York BU, such as rate-regulated matters, power purchase agreements, environmental remediation liabilities, and pension and other post-retirement benefit obligations. Liaising with Finance and BU Leadership to provide subject matter expertise on accounting principles and their impact on financial statements.
• Serving as the primary relationship point for external auditors, driving annual and interim audits to successful completion.
• Maintaining overall supervision and driving improvements in the SOX control environment.
• Maintaining a close partnership with National Grid’s Centers of Expertise (Treasury, Pensions, Tax, Insurance), developing business knowledge and technical acumen.
• Partnering with the New York Regulatory team to provide accounting expertise and support during the rate case process and other regulatory proceedings.
• Leading Controllership and FP&A-related projects, including the implementation of new accounting standards.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed
• Number of Employees: 101-250 employees