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Director Derivative And Generation Accounting Newark, Nj

Posted By:
karen morrissey
Posting ID:
Newark, Nj
Category:Accounting / Finance
Listing Type:Job
Employment:Full Time

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Attention: Director Derivative and Generation Accounting
Location: Newark, NJ

Job Description:
Ensures organizational compliance with generally accepted accounting principles, regulatory requirements, and other established policies and procedures. Reviews and monitors the evaluation of all financial statement analytics which includes actual/plan variances. Works very closely with Research Group to develop accounting policies and procedures for derivative and general accounting matters within Power's trading and physical plant operations, and for new or developing business. Drives SOX control compliance, including the effective design and operation of controls within the Power organization. Meets regularly with the Enterprise Assistant Controller - Power to discuss issues, significant or new transactions and provide a status update of department operations. Monitors and drives special project work related to process or accounting changes, or other matters. Recommends, gains approval for, and implements changes in operating procedures and standards to maximize productivity. Frequently interfaces with internal and external auditors on accounting matters.

Responsibilities Include:
Responsibilities for the financial accounting, analyses and reporting of accounting for derivative contracts and other general accounting related matters within Power.
Ensures the accuracy and completeness of Power's financial statement and that accurate and complete financial information is provided to the reporting function to meet all internal and external financial reporting deadlines, including SEC reporting (including Forms 10-Q and 10-K) and FERC reporting (EQRs, etc).
Experience & Skills Required:
Bachelor degree in accounting
10-15 years exp.
Strong knowledge of SFAS 133, 157, 161 and accounting and other issues relating to energy trading companies.
Combination of 10+ plus yrs in public & private accounting, including 5+ years in supervisory/managerial capacity directing professional work group, demonstrating excellent mgmt skills & technical acumen.
Strong written and verbal communication skills, and ability to effectively articulate and present to senior management and others within the organization.
Must foster an inclusive work environment and respect all aspects of diversity Demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.

-"Big 4" public accounting a plus.
Salary & Benefits: Salary to $190,000, full benefits, bonus eligible. Relocation is provided.

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