100% Remote - Derivatives Accountant - Utility industry

A leading U.S. energy company focused on providing electricity and natural gas safely, reliably, and affordably to millions of customers in the U.S. while working to provide an outstanding service experience for our customers, consistently ranking among the best in the U.S.

The ideal candidate will have experience Hedge/Derivatives accounting. Hedge Accounting is a special accounting treatment that enables a company to dampen earnings volatility resulting from mark-to-market accounting. Current and potential shareholders may shy away from investments with volatile earnings, which in turn negatively impacts share prices and the cost of capital.

We are seeking a highly motivated and experienced Derivatives Accountant to join our team in the Utility industry. This is a 100% Remote position that offers an exciting opportunity to work in the Utility industry. The ideal candidate must have a strong background in Hedge Accounting, Derivative Accounting, Utility Accounting, and Commodities. As a Derivatives Accountant, you will be responsible for supporting the accounting and financial reporting requirements of our clients in the Utility industry.

Responsibilities:

• Perform accounting and financial reporting for derivatives and hedging activities
• Ensure compliance with accounting standards and regulations for derivatives and hedging activities
• Prepare journal entries, account reconciliations, and financial statements related to derivatives and hedging activities
• Assist with the documentation of hedge accounting strategies and policies
• Collaborate with cross-functional teams to ensure accurate and timely reporting of derivatives and hedging activities
• Analyze and interpret financial data related to derivatives and hedging activities
• Assist with the implementation of new accounting standards related to derivatives and hedging activities
• Provide support for audit and regulatory inquiries related to derivatives and hedging activities

Qualifications:

• Bachelor's degree in Accounting or Finance
• 3+ years of experience in Hedge Accounting, Derivative Accounting, Utility Accounting, and Commodities
• Strong knowledge of accounting standards and regulations related to derivatives and hedging activities
• Experience with financial reporting and analysis related to derivatives and hedging activities
• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Ability to work independently and as part of a team in a fast-paced environment
• Excellent communication and interpersonal skills
• Proficiency in Microsoft Excel and other accounting software applications

If you are a highly motivated and experienced Derivatives Accountant with a strong background in Hedge Accounting, Derivative Accounting, Utility Accounting, and Commodities, then we encourage you to apply for this exciting opportunity in the Finance industry. This is a Permanent 100% Remote position that offers a competitive salary and benefits package. We look forward to hearing from you!