Manager Reporting & Technical Accounting
White Plains, US
Summary
The Manager, Reporting & Technical Accounting is part of the Controller’s organization. The individual is responsible for technical accounting, GAAP, GASB and FASB compliance, annual reporting and working with cross functional teams, within the Controller’s group and other functions, in delivering highest quality reporting, both internally and externally.
The Manager will focus on accounting and finance policies, accounting research, issue resolution, assist with periodic filings and ensure compliance with various regulatory requirements. This role will be responsible for expanding and sharing U.S GAAP accounting knowledge with various team members through an accounting issue resolution, procedures and policies development, training and communication. #LI-JP1
Responsibilities
- Decision maker for accounting issues impacting the business operations. Provide technical accounting advice, review research material, prepare detailed calculations on impact of pronouncements to organizational financials and manage projects including leases, revenue recognition and pensions.
- Prepare mid-year and annual financial reports according to the Governmental accounting standards and other applicable regulatory requirements.
- Ensure financial reports are complete and accurate prior to filing by the due date, collaborate with various stakeholders within the organization to report on key operational and legal requirements.
- Support the accounting team with annual audit requirements and work with external auditors to meet the annual audit completion deadline.
- Close involvement in reviewing and determining the accounting aspects of complex and varied market transactions.
- Significant interface with various levels of management, external auditors, and other key stakeholders in addressing accounting policies.
- Anticipate the impact, on NYPA financials, of proposed strategic initiatives, andcompliance/regulatory changes, including the impact to financial forecast, financial/IT systems and financial processes and controls.
- Account for derivatives and hedges, as entered into by risk/operational groups; apply US GAAP guidance to identify what qualifies for hedge accounting, assess hedge effectiveness and present full and proper disclosure in the financial statements.
- Keep abreast of accounting changes, on a timely basis, and make recommendation quantifying the impact of those changes to the financial statements.
- Develop NYPA’s Finance manual incorporating therein finance policies relevant to the organization; update policies as needed.
Knowledge, Skills and Abilities
- Strong technical knowledge of U.S. GAAP accounting standards.
- Experience in researching and clearly documenting accounting issues and applicable accounting standards.
- Ability to read complex documents, synthesize and summarize important facts.
- Ability to think creatively, problem solve and work independently on multiple engagements.
- Strong project and time management skills.
- Ability to manage and motivate teams
Education, Experience and Certifications
- Bachelor’s degree in accounting or related field required
- Minimum 6 years of public accounting or equivalent experience required
- Certified Public Accountant (CPA) required
- Knowledge of ERP systems such as SAP preferred
- Experience working in Industry applying GASB preferred
Physical Requirements
Limited travel, primarily within New York State
The New York Power Authority is an Equal Opportunity Employer
Nearest Major Market: White Plains
Nearest Secondary Market: New York City
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