Senior Accountant

Derivative Accounting Specialist

Responsible for day-to-day derivative accounting activity and supporting Commercial Operations. The position also has responsibility for ASC 815 (FAS 133) compliance including commodities, foreign exchange, and interest rate transactions.

Essential Duties/Responsibilities:

• Responsible for recording month-end derivative accounting journal entries.
• Responsible for preparing monthly and quarterly reconciliations and analysis of derivative results.
• Responsible for meeting with regional accounting teams to review the impact of derivative activity.
• Responsible for ensuring all documentation requirements of ASC 815 are met on a timely, accurate basis.
• Perform derivative accounting research including writing technical accounting memos.
• Work with the Commercial Operations and Risk Management groups to proactively address the accounting implications related to new derivative transactions.
• Support derivative accounting system updates.
• Partner with other business units and/or departments to identify and facilitate business process improvements.
• Assist with tracking, analyzing, and reporting all derivative transactions including the preparation of related footnotes in SEC filings.
• Monitor the internal control environment and ensure compliance with SOX Sec. 404 legislation as it relates to the work processes within the derivative accounting department.
• Assist with special projects as requested.

Working Conditions:

• Hybrid work schedule; a combination of working remotely from home and 3 days a week in the office.
• Open office environment.
• Some overtime is required as special projects arise.
• Limited travel (<5% of the time)

Minimum Requirements:

• Bachelor’s degree in accounting with at least two years of experience in general financial accounting and reporting.
• Experience with complex accounting issues, derivative accounting, or technical accounting.
• Demonstrated ability to communicate with all levels of internal and external customers.
• Ability to work independently in team-oriented culture in a fast-paced environment.
• Proficient with Microsoft Office applications.
• Experience with SAP or similar ERP system is a plus.

Preferred Qualifications:

• Knowledge of Aligne/Zai*net or similar trading system is a plus.
• Prior experience in the energy industry or similar commodity-based business a plus but not required.
• CPA, CPA eligible, or pursuing CPA is a plus.
• MBA is a plus.