Amazon.com Services LLC
Energy Accounting
Principal,EnergyAccounting
“Principal, Energy Accounting at Amazon.com Services LLC. Skills: ASC 815, Derivative accounting, Valuation. Evaluate complex power purchase and energy supply agreements. Identify embedded and freestanding derivative features within energy”
Industry & Context.
Root cause analysis
What They're Looking For.
Must Have
12+ years tax, finance or related analytical field experience, 7+ years finance technology, forecast & budgeting, or other finance-focused competency experience
Nice to Have
MBA or CPA, Experience in a leadership position managing finance, accounting and operational processes
What You'll Do.
Evaluate complex power purchase and energy supply agreements
Identify embedded and freestanding derivative features within energy
Articulate which provisions give rise to derivative accounting
Propose non-derivative structuring alternatives to business stakeholders
Advise on contract terms that avoid derivative classification
Qualify for Normal Purchases and Normal Sales scope
Lead end-to-end valuations for agreements concluded to be
Apply appropriate methodologies commensurate with size
Partner directly with business stakeholders and customers during
Provide real-time ASC 815 guidance
Ensure accounting implications are understood and addressed before
Assess NPNS scope exception eligibility
Document probability of physical delivery
Evaluate optionality and penalty provisions
Evaluate regulatory approval considerations under ASC 815-10-15-59(e)
Assess impact on derivative classification
Serve as lead ASC 815 subject matter expert
Own derivative assessment process for all new and
Identify embedded derivative features within host contracts
Determine bifurcation requirements
Evaluate contracts for NPNS scope exception
Document physical delivery probability
Perform optionality analysis
Assess penalty term assessment under ASC 440
Assess regulatory approval requirements
Assess implications for derivative classification
Partner with business and finance stakeholders during negotiation
Provide proactive ASC 815 guidance
Work directly with stakeholders and counterparties to understand
Propose structuring alternatives that achieve business objectives
Manage accounting complexity
Propose non-derivative alternatives
Advise on contract modifications
Advise on structuring options
Advise on term adjustments that avoid derivative classification
Research and write position papers addressing complex technical
Support period-end close process
Ensure accurate and timely completion of derivative-related accounting
Ensure accurate and timely completion of derivative-related reconciliations
Ensure accurate and timely completion of derivative-related analytical
Design internal controls over derivative identification
Design internal controls over derivative valuation
Design internal controls over derivative reporting processes
Assess internal controls over derivative identification
Assess internal controls over derivative valuation
Assess internal controls over derivative reporting processes
Drive process improvements
Drive new system implementations
How You'll Work.
Team & Collaboration
Partner with business stakeholders; Partner with finance stakeholders; Work with counterparties
Communication Scope
Articulate provisions; Advise stakeholders
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