This position is part of the Controller’s organization and
reports to the Controller. The Director Accounting Operations
Analytics, is responsible for various aspects of accounting,
controls and quantitative and qualitative analysis. This includes
working with different functional departments to evaluate financial
impact and viability of key projects, analyze key financial
indicators, create and maintain financial dashboards, evaluate
internal control environment and develop control assessment plan,
review and update technical accounting policies.
The selected candidate will focus on applying lean six sigma
techniques to various financial processes to improve efficiencies
and identify/promote cost savings initiatives. In addition, this
role is responsible for overseeing fixed and cost accounting
activities that are critical to the organizations success.
(S)he will be responsible for expanding and sharing U.S GAAP
accounting knowledge with various team members through an
accounting issue resolution, procedures and policies development,
training and communication as well as ensure compliance with
various regulatory requirements such as GAAP, GASB and FASB.
Operational Analytics - Ensure comprehensive preparation of flux
analysis which provides, on a timely basis, management with
actionable items. Review performance of various business units and
communicate results to stakeholders. Develop management dashboards
to include reporting, analysis and interpretation of results.
Process Efficiencies – Apply lean six sigma and other continuous
process improvement techniques to identify, recommend and implement
steps to financials processes. Support Controllers group in
developing detailed procedures that identify gaps in transactional
processes and help close the gaps. Optimize and streamline
processes to increase efficiency while establishing/maintaining an
effective financial process environment.
Internal Controls - Provide oversight for the company’s annual
compliance requirements to ensure adherence to COSO framework,
including scope, design and effectiveness of controls related to
key accounting controls. Develop detailed implementation plan that
will lay the foundation for strengthening the control environment
and meet the objectives outlined in the framework. Prepare detailed
documents identifying key controls, testing of control environment
and ensuring its stability on a continuous basis. Assist with other
internal control matters, including design, implementation, testing
Technical Accounting - Keep abreast of accounting changes and
make recommendation quantifying the impact of those changes to the
financial statements. Anticipate the impact, on NYPA financials, of
proposed strategic initiatives, and compliance/regulatory changes,
including the impact to financial forecast, financial/IT systems
and financial processes and controls.
Develop NYPA’ Finance manual incorporating therein finance
policies relevant to the organization; Issue Finance newsletter to
the Finance community highlighting key developments in areas of
interest; account for derivatives and hedges, as entered into by
Fixed and Cost Accounting – Supervise cost and fixed assets
accounting staff; apply best practices to the functional area;
develop capitalization policies; recommend system modifications to
improve data capture from initiation to capital project in-service
date; prepare and provide cost information to users to develop
Knowledge, Skills and Abilities Strong leadership abilities
inclusive of development of talent. High attention to detail,
accuracy and timeliness with proven ability in managing multiple
deliverable timelines concurrently. Strong interpersonal,
organizational influencing and communications skills.
Demonstrates strategic thinking and effectiveness by identifying
future needs and problem areas, developing workable solutions, and
following through on solutions. This role requires a visible leader
to design and implement financial controls and processes.
Mentor employees, conduct performance evaluations, counsel and
work to facilitate individual and team development that drives
positive results. Model adaptive behavior by demonstrating a
proactive attitude and enthusiasm while exhibiting patience.
Strong business acumen, including broad exposure to business
operations and an understanding of how to impact business
operations. High attention to detail, accuracy and timeliness with
proven ability in managing multiple deliverable timelines
Self-motivated/ energetic individual with aptitude for
Education, Experience and Certifications Qualified candidates
will have 10-15 years of finance and accounting experience,
including 3-5 year experience as a senior leader and manager.
CPA is required; MBA preferred.
Knowledge of finance, accounting, budgeting and advanced
analytical and quantitative skills.
Comprehensive knowledge of US GAAP/GASB/FASB and ability and
aptitude to handle all aspects of technical accounting research,
interpretation and policy implementation.
Experience applying Six Sigma and/or Continuous Process
Improvement techniques (required).
Knowledge of ERP systems such as SAP preferred.
Physical Requirements The New York Power Authority is an Equal
Nearest Major Market: White Plains
Nearest Secondary Market: New York City
The New York Power Authority provides equal employment
opportunities to all employees and applicants for employment, in
accordance with all applicable federal, state and local laws
governing non-discrimination in employment in every location in
which the Authority has offices or facilities. The Authority also
provides reasonable accommodation to individuals with a disability,
in accordance with applicable law. This policy applies to all terms
and conditions of employment, including, but not limited to,
recruitment, hiring, promotion, termination, layoff, recall,
transfer, leaves of absence, compensation and training.