Job Description

Summary

Ensures compliance with financial transaction recording standards. Prepares reports/schedules for internal and/or external audiences, including consolidation of financial statements, balance sheet, income statement, cash flow reporting, and business unit profit & loss reporting. Prepare monthly variance reports including margin analysis.

Travel will be required between locations in Marcy, Massena, and Buffalo.

Responsibilities

• Prepare accurate and timely reporting of various complex sections of NYPA’s financial statements.
• Record daily and monthly treasury debt and financial investment activity in ERP financial system. Verify and confirm debt transactions and balances to treasury records, periodically.
• Perform account maintenance in ERP financial systems.
• Obtain Quarterly Accrual Rates from the Department of Energy (DOE)
• Create and input monthly journal entries to record the accruals and any future payments.
• Analyze the material and supplies inventory and related accounts’ monthly balances and transactions. Prepare and maintain required analyses for senior management.
• Provide guidance and training to facility and business unit personnel regarding accounting principles, internal controls, ERP financial system end user procedures and business processes
• Prepare and discuss required audit schedules, account analyses and variance explanations with external auditors at interim and year-end in financial statement areas of responsibility.
• Determine the impact of rules issued by accounting standards-setting bodies and tax authorities that affect NYPA’s accounting and financial reporting.
• Ensure that the accounting/reporting processes, policies and procedures in areas of responsibility are in compliance with established NYPA’s policies, financial regulations and acceptable accounting practices.
• Provide assistance and support as needed in coordinating audits conducted by external parties, including external audits of financial statements and other government mandated audits.
• Conduct complex reviews, prepare analysis, and provide recommendations to management in an effort to streamline practices and procedures.
• Participate in all ERP financial system upgrades by performing transactions and running reports in the test module, and provide feedback.

Knowledge, Skills and Abilities

• Strong working knowledge of accounting principles and Financial Accounting Standards Board (FASB ) and Government Accounting Standards Board (GASB) pronouncements and Internal Controls.
• Strong knowledge and utilized analytical skills in Financial Reporting and Internal Controls is required.
• Developed understanding of accounting principles and their practical application is required.
• Ability to research and analyze complex transactions to determine impact on financial statements and forecasts.
• Strong ability to interpret financial results and present analysis to management.
• Established knowledge of computerized accounting systems, as well as a good understanding of PC software systems with proficiency in the use of Microsoft Office Suite.
• Highly developed knowledge of Enterprise Resource Management software functional modules and systems’ integration.
• Strong oral, written and interpersonal communication skills are required for dealing with internal staff and management and for external interaction with American Public Power Association (APPA) members, Government Accounting Standards Board (GASB), etc.
• Strong negotiating skills and diplomacy in obtaining deliverables from other departments/facilities
• Basic knowledge of hedge accounting and derivatives is preferred.

Education, Experience and Certifications

• Bachelor’s degree in Accounting, Finance or related field.
• Minimum 4 years related experience preferred.
• Experience with utility industry preferred.

Physical Requirements

Hiring Manager: Julie Casey

Department: Controller

Grade Level: FA06P3

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $102,000 - $127,000. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.