Amazon.com Services LLC

Energy Accounting

Principal,EnergyAccounting

$139–188k Seattle, Washington, United States FULL TIME
The Brief

“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.

Energy Accounting
Problems you'll solve

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

Free ATS check

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