Senior Analyst
About us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
About the Role
As part of the Global Financial Reporting group, the Service Company and Rate Case Support team is primarily responsible for Service Company financial reporting, calculating annual allocation rates, and testing compliance of transactions to allocation policy and rate case cost of service. These processes ensure accurate financial statements and rate case cost of service, which is pivotal to the Finance function and National Grid as a whole.
Analyst, Service Company and Rate Case Support is responsible for rate case support testing and Service Company compliance and reporting. Responsible for identifying errors in testing and reporting the results to ensure accurate financial statements and rate case data.
Reports to the Manager, Service Company and Rate Case Support, and is responsible for producing accurate and credible results.
What You'll Do
• Review transactions to ensure compliance with the Cost Allocation Manual and rate case cost of service criteria
• Work with counterparts on correcting errors found in compliance testing
• Support rate case by preparing Information Request responses
• Calculate rates used for annual Service Company rate update
• Prepare schedules used in the annual FERC Form 60 filing
• Calculate allocation rates annually in accordance with Cost Allocation Manual, to be used in SAP update of rates each year
• Responsible for following US GAAP, SOX and other accounting standards
• Assemble and reviews supporting Service Company and Rate Case documentation and resolves any concerns to ensure compliance with audits
• Meet financial filings and reporting deadlines.
• Support financial and non-financial controls to meet business requirements.
What You'll Need
• Bachelor’s Degree with a minimum of 3 years’ experience in accounting roles with increasing responsibility
• Experience working with support functions and regulatory roles preferred
• Ability to support regulatory processes and rate case filings
• Experience managing competing priorities while maintaining compliance and meeting deadlines
• Excellent written/oral communication skills
• Knowledge of general ledger platforms and accounting system experience
• Experience reviewing and resolving data discrepancies
• Ability to assess accounting issues and recommend solutions
More Information
#LI-NK1 #LI-HYBRID #LI-Auditing
Annual Salary
$102,000-$120,000
National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.
Nearest Major Market: Brooklyn
Nearest Secondary Market: New York City