Analyst, Service Company Finance Job at National Grid
$74,000 - $87,000 a year
Analyst, Service Company Finance
Location: Brooklyn, NY, US, 11217
Division: Service Company Accounting
Job Type:
Requisition Number: 43711
Department:
Job Function: Finance and Risk
About us
National Grid is hiring an Analyst, Service Company Finance for our Controllership department in Brooklyn, NY.
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
Job Purpose
Service Company Finance Analyst, provides financial performance and reporting support to all areas of the business. Responsibilities include performing quarterly testing as part of our Cost Allocation Compliance Program. Captures accounting transactions using systems such as SAP. Develops and reports on financial performance to the jurisdiction to provide accurate information on Service Company charges. Utilizes systems such as SAP and BI Reporting to develop reports, prepare analytics, and perform other monthly, quarterly and annual processes. Responsible for preparing the Service Company Annual Report as well as assisting in the Service Company Rate Updates.
Reports to the Service Company Manager and provides support by providing documentation to jurisdictions and other stakeholders.
Key Accountabilities
- Monitors and reports net income, balance sheet and variances against budget and historical data to identify anomalies and discrepancies and to ensure information is accurate.
- Responsible for following US GAAP, SOX and FERC accounting standards.
- Responsible for reporting to jurisdictions monthly billings and analytics.
- Responsible for the compilation, review of financial information to prepare financial statements for the preparation of the annual regulatory filings and analytics.
- Ensure maintenance of financial records for compliance with accepted policies and procedures. This includes the preparation of the Service Company allocation rates.
- Conduct quarterly testing as part of the Cost Allocation Compliance Program.
- Provides ad-hoc reporting including the assembly and review of supporting schedules and requests from multiple stakeholders including regulators and auditors.
- Responsible for maintaining reports and performance documentation.
- Responsible for meeting financial filings and reporting deadlines.
- Responsible for supporting financial and non-financial controls to meet business requirements.
Qualifications
- Bachelor’s degree with a minimum of 2 years in accounting roles with increasing responsibility
- Knowledge of general ledger platforms and accounting systems experience
- Experience in financial reporting, regulatory reporting preferred and/or compliance
- Experience reviewing and resolving data discrepancies
- Experience researching and collecting financial data for accurate reporting
- Knowledge of MS Excel, MS Word, MS PowerPoint and MS Access; SAP preferred
- Written / oral communication skills
- Month-end close process
- Financial and management reporting
- Analysing large data
- US GAAP, SOX, SEC requirements, FERC and IFRS knowledge
- Process management
- Cross-functional business partnerships
More Information
#LI-MR1 #LI-HYBRID
Salary
$74k - $87k a year
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.
Nearest Major Market: Brooklyn
Nearest Secondary Market: New York City
Recruitment Advisory
Please Note :
clarksqn.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, clarksqn.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.