AltaGas – Senior Technical Accountant

Job title: AltaGas – Senior Technical Accountant

Company: AltaGas

Job description: Job DescriptionAltaGas – Senior Technical Accountant
Are you ready to dive into the dynamic world of derivatives? As our Senior Accountant, you’ll be at the forefront of financial innovation, tackling complex technical research, ensuring top-notch compliance, and delivering insightful reporting and analysis.You Will:

• Review commodity and other complex contracts to determine proper accounting treatment, notably under FASB ASC Topic 815 (Derivatives and Hedging)
• Prepare the monthly mark to market entry including validating the calculation of routine and complex derivatives
• Prepare monthly management reports, schedules and explanations, including monthly variance analysis of derivatives balances
• Prepare, reconcile and confirm monthly statements with financial trade counterparties
• Settle financial trades including OTC and exchange transactions in the system of record including ensuring margin transactions are executed timely and accurately.
• Assist with quarterly and annual external audits; provide reports as requested to External and Internal Audit
• Ensure all derivatives accounting policies and procedures are documented and maintained
• Maintain effective internal controls and ensure compliance with Internal Controls of Financial Reporting (ICFR) and risk management policies and procedures
• Build strong working relationships with commercial and risk to ensure contracts requiring review are identified in a timely manner
• Conduct analysis and identify opportunities to improve processes around the FASB derivatives guidance
• Respond to requests for information regarding derivatives from all Business Units
• Completes special projects as assigned

You Have:

• 7+ Years of accounting experience, including at least two years in financial reporting or researching relevant accounting standards
• Knowledge of FASB ASC Topics 815 (Derivatives and Hedging) and 820 (Fair Value Measurement and Disclosure) is a requirement
• Knowledge of internal accounting controls and SOX guidance
• Audit team management experience would be considered an asset

For Canadian hires: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person’s ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.For U.S. hires: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.

Expected salary:

Location: Calgary, AB

Job date: Sat, 21 Sep 2024 05:06:21 GMT

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