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Accounting Policy and Research Specialist (Hybrid)

01/11/2024

Locations East Berlin, Connecticut

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Job Description

Accounting Policy and Research Specialist (Hybrid)

01/11/2024

Locations: East Berlin, Connecticut

The Accounting Specialist for Accounting Research is responsible for performing research, documenting conclusions, and maintaining all accounting policies and certain corporate policies with accounting matters. This role interfaces with the external auditor to ensure that we apply the correct accounting to material, judgmental accounting matters, including but not limited to complex contracts, new and/or unusual transactions, and regulatory outcomes. This position will assist with renewable energy accounting matters, will prepare and compile Audit Committee materials, and will assist with peak time financial reporting responsibilities, as needed.

This is a hybrid role. The first three months are fulltime in the office. 

Essential Functions 

  • Reviews complex transactions for applicable accounting guidance and coordinates with personnel initiating the transaction, tax, FP&A, Financial Reporting, and others.
  • Performs the drafting process of all research matters, implements updates throughout the review process, and ensures final approvals are obtained for all research matters.
  • Works directly with external auditors to ensure research matters are finalized by the auditors in a timely manner.
  • Maintains the internal repository of accounting research function deliverables, ensuring all research matters are finalized in the database in a timely manner.
  • Develops strong relationships cross-functionally to ensure research needs are met across the organization.
  • Prepares Audit Committee and other quarterly deliverables.
  • Assists the Financial Reporting group during peak work times for Financial Reporting, typically during 10-Q and 10-K periods.

Qualifications

Technical Knowledge:

  • Thorough knowledge of Generally Accepted Accounting Principles (GAAP), standard accounting policies procedures, and practices
  • Knowledge of utility accounting theory
  • Thorough knowledge of Accounting Standards Codification (ASC) and the Federal Energy Regulatory Commission (FERC) Uniform System of Accounts
  • Knowledge and experience with financial statement preparation
  • Knowledge and experience with financial management procedures and techniques

Other Preferred Knowledge:

  • Knowledge of SEC reporting rules and regulations

Skills:

  • Extensive resourcefulness to anticipate, define and direct solutions to complex and/or unusual accounting, finance and/or regulatory issues
  • Analytical skills, including the ability to draw sound conclusions, act decisively, and perform quantitative and qualitative analyses
  • Ability to think and act strategically in a fast-paced environment with frequently shifting and/or conflicting priorities
  • Strong team membership as well as team building skills
  • Strong customer focus
  • Strong spoken and written communication skills
  • Strong functional understanding of computerized business systems
  • Demonstrated skill with MS Office applications
  • Strong organizational skills

Education:

  • Bachelor’s degree in accounting, Finance, or closely related field required

Experience:      

  • Five (5) plus years of related accounting experience, preferably in a corporate environment, or a minimum of three (3) years of public accounting/audit experience required

Licenses & Certifications

  • CPA designation is preferred

Compensation and Benefits:

  • Eversource offers a competitive total rewards program. The annual salary range for this position is $111,000 - $123,000 plus incentive. Salary is commensurate with your experience. Check out the career site for an overview of benefits.

#corpajd

Worker Type:

Regular

Number of Openings:

1

EEO Statement

Eversource Energy is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment.  This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location. 

Apply

Overview

Eversource is always looking for employees who share the values that help make us one of the leading energy companies in the country. Our Corporate areas work collaboratively and strategically with all areas of the business to set policy and drive strategic direction. We create value for our business areas by delivering consistent, quality, cost-effective services, and leading change to build a more engaged workplace and a performance culture. You'll have a variety of opportunities to further your career. We have a great working environment, excellent compensation and benefit programs, and opportunities for growth and development.

Learn more about careers in IT, Finance/Accounting, Legal, Human Resources and Corporate Relations.

About us

We are Eversource

At Eversource, our mission is to safely deliver reliable energy and superior customer service to our electric, natural gas and water customers across New England. We do this ethically, respectfully and honestly to meet the expectations of our customers, regulators and ourselves.

Men at work

Success Profile

What makes a successful Corporate member?

Check out the top traits we're looking for and see if you have the right mix.

  • Collaborative
  • Customer Focus
  • Team Player
  • Adaptable
  • Detail Oriented
  • Positive

Culture

Our goal is to remain the best energy company in the nation, and to be the first with carbon-neutral operations by 2030.

We will achieve this by valuing the diversity of employees who bring different perspectives to the table. We are committed to:

  • Creating an inclusive workplace where all employees, customers and stakeholders are respected and valued.
  • Leveraging the talent, unique perspectives, cultural and life experiences of every employee to ensure our continued success.
  • Attracting, developing and retaining a diverse workforce that can work together to meet the changing needs of the customers we serve while delivering reliable energy and superior customer service.

Over the past year, Eversource and employees contributed:
103 events with more than 23,000 hours and 4,900 employees—that's what Eversource volunteers accomplished in 2021 to help our communities across CT, NH, and MA. Whether it was collecting food for the holidays, passing out food in a local kitchen, or pulling trash out of the Connecticut River, we were there. Take a look at some highlights in this video.

Employee Quotes

Manius,
Staff Accountant

Meet Manius

“I joined Eversource in the hopes to grow and become more than what's expected. To challenge myself in an environment, work family oriented, and most importantly an accounting method that took me out of my comfort zone.”

Kara, Manager of Financial
Planning & Budgets

Meet Kara

“I joined Eversource 11 years ago as an intern in the Accounting division and then full time after graduating from Roger Williams University with a degree in Accounting.”

Melissa, Community
Relations Specialist

Meet Melissa

“I love that my job keeps me on the go and no day is ever the same. Every day I get to work closely with municipal leaders and make sure their needs are being met – leveraging those relationships to work towards a better tomorrow for every community we serve.”

Job Description

Accounting Policy and Research Specialist (Hybrid)

01/11/2024

Locations: East Berlin, Connecticut

The Accounting Specialist for Accounting Research is responsible for performing research, documenting conclusions, and maintaining all accounting policies and certain corporate policies with accounting matters. This role interfaces with the external auditor to ensure that we apply the correct accounting to material, judgmental accounting matters, including but not limited to complex contracts, new and/or unusual transactions, and regulatory outcomes. This position will assist with renewable energy accounting matters, will prepare and compile Audit Committee materials, and will assist with peak time financial reporting responsibilities, as needed.

This is a hybrid role. The first three months are fulltime in the office. 

Essential Functions 

  • Reviews complex transactions for applicable accounting guidance and coordinates with personnel initiating the transaction, tax, FP&A, Financial Reporting, and others.
  • Performs the drafting process of all research matters, implements updates throughout the review process, and ensures final approvals are obtained for all research matters.
  • Works directly with external auditors to ensure research matters are finalized by the auditors in a timely manner.
  • Maintains the internal repository of accounting research function deliverables, ensuring all research matters are finalized in the database in a timely manner.
  • Develops strong relationships cross-functionally to ensure research needs are met across the organization.
  • Prepares Audit Committee and other quarterly deliverables.
  • Assists the Financial Reporting group during peak work times for Financial Reporting, typically during 10-Q and 10-K periods.

Qualifications

Technical Knowledge:

  • Thorough knowledge of Generally Accepted Accounting Principles (GAAP), standard accounting policies procedures, and practices
  • Knowledge of utility accounting theory
  • Thorough knowledge of Accounting Standards Codification (ASC) and the Federal Energy Regulatory Commission (FERC) Uniform System of Accounts
  • Knowledge and experience with financial statement preparation
  • Knowledge and experience with financial management procedures and techniques

Other Preferred Knowledge:

  • Knowledge of SEC reporting rules and regulations

Skills:

  • Extensive resourcefulness to anticipate, define and direct solutions to complex and/or unusual accounting, finance and/or regulatory issues
  • Analytical skills, including the ability to draw sound conclusions, act decisively, and perform quantitative and qualitative analyses
  • Ability to think and act strategically in a fast-paced environment with frequently shifting and/or conflicting priorities
  • Strong team membership as well as team building skills
  • Strong customer focus
  • Strong spoken and written communication skills
  • Strong functional understanding of computerized business systems
  • Demonstrated skill with MS Office applications
  • Strong organizational skills

Education:

  • Bachelor’s degree in accounting, Finance, or closely related field required

Experience:      

  • Five (5) plus years of related accounting experience, preferably in a corporate environment, or a minimum of three (3) years of public accounting/audit experience required

Licenses & Certifications

  • CPA designation is preferred

Compensation and Benefits:

  • Eversource offers a competitive total rewards program. The annual salary range for this position is $111,000 - $123,000 plus incentive. Salary is commensurate with your experience. Check out the career site for an overview of benefits.

#corpajd

Worker Type:

Regular

Number of Openings:

1

EEO Statement

Eversource Energy is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment.  This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location. 

Apply

Benefits

Eversource employees are committed to providing reliable energy and superior customer service—and that's why we are committed to providing our employees with a highly competitive total rewards package. In addition to wages and salaries, the benefit programs Eversource offers its employees and family members are a significant part of the total rewards.

Healthcare, Wellness & Disability Protection for you and your Family

  • Comprehensive Medical, Prescription, Dental, and Vision Plans, choose the coverage that is right for you and your family
  • High deductible health plan option, with generous health savings account (HSA), employer contribution, ($500 individual; $1,000 employee +1 or more)
  • Company-paid employee life and accident insurance and options to purchase additional coverage for you and your family
  • An award-winning Wellness Program provides up to $200 annually for employees and spouses to adopt and maintain healthy lifestyles
  • Health and Dependent care reimbursement accounts
  • Sick Time, Short-Term & Long-Term Disability Plans

Work/Life Balance Benefit Programs

  • Employee Assistance Program (EAP)
  • Multi-faceted Behavioral Health Program
  • Care@Work Program (child/elder care), membership/stipend for emergency services
  • Adoption Assistance (eligible employees)
  • Tuition Reimbursement, Student Loan Refinancing & Student Debt Counselling
  • Voluntary benefits platform to access discounted home & auto, identity protection and pet insurance
  • Charity donation gift matching
  • Volunteer hours at local charities with rewards to our Wellness Program
  • Generous time off
  • Business Resource Groups for social connection and career development

Retirement Benefits for a Secure Future

  • 401k: Up to 100% Employer Match on first 3% of employee's contributions
  • K-Vantage: Additional Employer Contribution to the 401k based on age and years of service (2.5% to 6.5%)
  • Med-Vantage HRA: Age 40+, receive annual $1,000 contribution to an HRA for post-employment qualified medical expenses

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