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Project Manager, Technical Accounting for Commodities

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Date: Aug 28, 2021

Primary Location: Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID:  53833 

 

NextEra Energy Resources is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

 

Position Specific Description

NextEra is seeking to hire an accountant to perform accounting due diligence and research functions for NextEra Energy commodity and commodity-related business activities with a focus on derivative, lease, revenue recognition, consolidation (VIE) and fair value issues surrounding structured commodity contracts.

 

This individual will utilize technical accounting skills in conjunction with in-depth knowledge of the energy markets and products while analyzing complex energy transactions.

 

  • Lead and own the accounting due diligence process for each assigned deal
  • Develop and maintain expert knowledge of derivative, lease, revenue recognition and fair value guidance and related GAAP such as consolidation (VIEs), etc.
  • Develop and maintain knowledge of transacting, products and markets
  • Implement NextEra’s existing accounting policies and draft new policies as needed
  • Read and understand structured commodity and commodity-related contracts
  • Determine the appropriate derivative, lease and revenue accounting treatment for contracts
  • Prepare and maintain written documentation of these contracts, including positions papers and standard documentation
  • Respond to transaction review requests and manage process with commercial personnel
  • Identify and analyze key provisions in contracts to reach a conclusion
  • Resolve complex accounting issues related to transactions
  • Articulate positions taken on these issues to team leader and commercial personnel
  • Maintain strong working relationships with front office personnel, attorneys, internal accounting personnel and internal and external auditors
  • Manage multiple tasks and projects
  • Work with internal and external auditors
  • Perform additional due diligence and research projects

 

The ideal candidate will possess

 

  • Undergraduate Accounting degree or Masters in Accounting
  • Licensed CPA
  • 6 years total post-undergraduate work experience
  • 2 years with audit firm
  • Ability to manage multiple tasks in a fast-paced, time-sensitive environment
  • Analytical skills for applying technical GAAP to complex transactions
  • Verbal and written communication skills
  • Process management skills
  • Ability to negotiate with internal customers
  • Ability to work independently and within team environment
  • Self-motivation and sense of ownership and responsibility
  • Willingness and aptitude for reading and understanding complex transactions, products and commercial drivers
  • Willingness and aptitude for working with technical accounting guidance

Job Overview

Employees in this role are responsible for performing accounting due diligence for Power Marketing’s, Gexa’s and NEER’s complex structured commodity and commodity-related contracts.

Job Duties & Responsibilities


•   Reviews contracts to gain an in-depth understanding of the business purpose, commodities and markets
•   Analyzes, reviews, interprets and documents structured commodity contacts
•   Collaborates directly with attorneys, traders and originators
•   Performs other job-related duties as assigned

Required Qualifications


•  Certified Public Accountant (CPA)
•  High School Grad / GED
•  Bachelor's Degree
•  Experience:5+ years

Preferred Qualifications


•  None

 

Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  NextEra Energy Marketing, LLC 
Location:  Juno Beach, Florida 
Other Work Locations:  Florida 
Relocation Provided:  Yes, if applicable

 

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

If you require special support or accommodation while seeking employment with NextEra Energy, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami