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Associate, Derivatives/Technical Accounting 102533

Posted: July 28, 2010
 
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Company Name: Constellation Energy
Job Level: Experienced (non-manager)
Position Type: Full Time
Salary Range: Not Specified
Location: Baltimore, MD
Job Types: Accounting; Finance
 

APPLICATION INFORMATION

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Job Description:

Responsibilities
High potential position in Technical Accounting with formal and informal leadership duties responsible for performing accounting policy and research functions, focusing on technical accounting pronouncements, emerging issues, transaction and acquisition issue analysis and resolution, industry accounting thought-leadership, and other special projects in support of Corporate and business unit accounting and financial reporting objectives and industry initiatives.

Reports To:
Manager ¿ Derivatives/Technical

Primary Duties and Responsibilities:
1. Performs technical accounting research including evaluation and implementation of emerging financial reporting requirements and accounting standards (including international convergence) and the development, recommendation, and support of industry thought-leadership positions on these emerging issues
2. Determines the appropriate accounting for new transactions and changed conditions as well as the application of existing requirements to complex, unique, material, and challenging business opportunities and transactions as well as transactions involving the exercise of significant judgment
3. Performs and/or reviews aspects of GAAP & SEC external financial reporting in support of Corporate Accounting and Financial Reporting Group
4. Performs other special projects as required, e.g., M&A due diligence, etc
5. Trains to support and rotate into other finance and accounting staff and leadership roles within business units and corporate finance
6. Assists with the supervision and development of accounting staff, including training and direction of less senior professional staff; overseeing and directing the work of interns; and providing direction, training, and technical development to accounting and finance professionals in other corporate staff groups and business units
7. Supports development and advocacy of Company technical positions on industry task forces and in advocating appropriate industry positions on new accounting standards with FASB and its staff
Qualifications
Job Specifications:
Knowledge
:
¿ Extensive, deep current knowledge of SEC financial reporting and technical accounting research.
¿ Extensive, deep current knowledge of generally accepted accounting principles.
¿ Experience analyzing complex accounting and financial issues in a public company environment.
¿ Knowledge of corporate accounting and financial policies, internal controls, and compliance requirements.
¿ Knowledge of derivatives, energy trading activities, financial instruments, and risk management practices desirable.
¿ Knowledge of energy industry desirable, but not essential.

Skills/Abilities:
¿ Demonstrated ability to perform complex accounting and financial analysis and communicate results and recommendations effectively
¿ Excellent written and oral communication skills
¿ Strong analytical/problem solving skills
¿ Ability to perform technical accounting research
¿ Strong leadership, project management and organization skills
¿ Self-starter; able to work independently on multi-step projects
¿ Capability to manage multiple assignments simultaneously
¿ Strong interpersonal skills, able to interact in a professional, poised, and confident manner with senior management, business-unit operational and finance personnel, and other corporate staff
¿ Strong personal computer skills

Education/Experience:
¿ Bachelor¿s Degree in Accounting and at least 7 years of job related experience or the equivalent combination of formal education/training and experience
¿ CPA required, relevant Master's degree (MBA, MS Finance) desirable
¿ Experience with national public accounting firm auditing large public corporations and/or significant corporate accounting experience in large public corporation and/or sophisticated energy environment highly desirable
¿ Significant experience in SEC and GAAP financial reporting, technical accounting research, and financial policies and internal controls

Competencies:
¿ Significant accounting and business experience
¿ Functional/Technical Skills
¿ Analytical Skills
¿ Problem Solving Skills\Communication Skills
¿ Business Acumen
¿ Action Oriented
¿ Leadership Skills
EEO & Employment Eligibility
Equal Employment Opportunity


Constellation Energy and its member companies do not discriminate in employment with regard to age, citizenship, color, disability, marital status, national origin or ancestry, race, religion, sex, sexual orientation, gender identity or expression, veteran status, union affiliation, or any other basis prohibited by applicable federal, state, or local laws. In addition, no question contained in this application is intended to or will be used for the purpose of limiting or excluding the applicant's consideration for employment on any such basis.

Employment Eligibility

The Immigration and Reform and Control Act of 1986 prohibits the employment of unauthorized aliens and requires employers to verify the employment eligibility of all new employees. Any offer of employment made by Constellation Energy or any of its member companies will be conditioned on your providing the documentation required by law as evidence of your personal identity and your authorization to work in the United States. Any offer of employment is also conditioned upon the successful completion of a background investigation, a post-offer physical evaluation (if applicable) and a drug screen.

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