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National Grid Lead Analyst, Technical Accounting Research and Policy in Waltham, Massachusetts

In accordance with guidelines regarding companies classified as Federal contractors and consistent with our core commitment of safety, National Grid has made the decision to require all new hires to be fully COVID-19 vaccinated as a condition of hire. "Full vaccination" is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a religious belief or a disability can request a reasonable accommodation.

About us

National Grid is hiring a Lead Analyst to join the Technical Accounting Research and Policy team within Corporate Accounting in the US Controllership in Waltham, MA.

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 put 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

The Lead Analyst is responsible for the review of financial documents (e.g. contracts, financial reports, etc.) and for supporting the development of recommendations regarding the financial implications thereon under both US GAAP (including regulatory accounting principles) and IFRS. Participates in research and documentation of technical accounting matters and complex transactions, including implementation and monitoring activities related to recently adopted accounting standards. Responsible for engaging Stakeholders to support the execution of periodic controls in National Grid’s control environment and for providing perspective and support in responding to queries in a timely manner as they arise.

Key Accountabilities

• Apply technical standards and analysis to complex accounting practices and transactions.

• Participate in creation of accounting policy documentation; research and monitor activities of all accounting standards and reporting practices to provide proactive revisions to policies and standards.

• Engages key stakeholders across Finance departments to support and monitor implementation of recently adopted accounting standards and/or updated accounting policies.

• Supports Technical Accounting Manager with the dissemination of pertinent policy revisions or updates, including the conveyance of implementation guidance for new FASB and IFRS standards.

• Works directly with Business Partners across US Controllership, Finance, Business, and Group to provide technical accounting perspectives and conclusions on a timely basis for proposed transactions, including comparisons of conclusions based on structures.

• Assists Technical Accounting Manager with performing key control assignments on a periodical basis, ensuring that controls operate efficiently and effectively.

• Participates in the development of, technical trainings to ensure compliance to policy standards.

• Supports information gathering and analysis to provide perspectives and conclusions under US GAAP, IFRS and regulatory accounting principles on queries and requests that may arise in a timely basis (e.g. auditors’ requests, business’ requests).Provide support and analysis to evaluate financial and regulatory impacts of various initiatives and projects enabling prioritization and decision making.

Qualifications

• Bachelor’s Degree with a minimum of 5 years’ experience in Accounting or Finance with increasing responsibility (BS in Accounting preferred).

• 5+ years of experience within a regulatory accounting environment with increasing responsibility, or, 5+ years in public accounting with increasing responsibility and experience in an industry that has tangibles (e.g. manufacturing, energy, tech, etc.) – ‘Big 4’ experience in audit or accounting advisory preferred.

• CPA or equivalent international accounting license (or licenses candidate) preferred.

• Demonstrates practical knowledge and understanding of US GAAP and IFRS, and the ability to translate accounting conclusions to business outcomes

• Demonstrated ability to prepare clear and quality technical accounting memos and documents.

• Proven experience in assessing risk and developing policies and standards to mitigate identified risks.

• Ability to develop technical training and ensure implementation.

• Utility industry accounting background as well as practical knowledge in the application of ASC 980 Regulated Operations – preferred.

• Experience in structuring mergers, acquisitions and other complex transactions from an accounting perspective – preferred.

• Process management.

• Working as part of a team but able to work on own initiative when required.

• Effective verbal/written communication skills and collaboration and partnership capabilities to facilitate the transfer of knowledge across the business.

More Information

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. Internal 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.

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.

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