An Accountant performs professional accounting work at NYPA as
assigned relating to the compilation, treatment, and analysis of
financial data. The Accountant maintains accounting records and
prepares financial statements in accordance with US Generally
Accepted Accounting Principles (US GAAP), and provisions of
bond resolutions to maintain accountability for assets.
Independently works on complex accounting activities including
financial statement preparation and preparation of more difficult
account analyses and journal entries. Responsible for analysis of
data presented in financials on a monthly basis.
Maintain Accounting policies and procedures and internal control
documentation. Review of internal control documentation by
appropriate parties to ensure documentation is updated as
Monitor internal and external environment for emerging
accounting and financial control issues and help to formulate
NYPA’s position with respect to emerging issues in accounting for
and reporting its utility transactions.
Determine the impact of pronouncements and rules issued by
accounting standards-setting bodies, tax authorities and state
legislation that affect NYPA’s accounting and financial
Take an active role in the preparation of financial statements
and relative analyses, including the preparation of financial
statement notes for the mid-year financial reporting and the annual
Address accounting issues & internal controls relative to
derivatives, hedging, and other risk management activities. Record
and provide reporting on such transactions.
Provide assistance and support as needed in coordinating audits
conducted by external parties, including external audits of
financial statements and other government mandated audits, as well
as internal audit activities.
Compile and prepare accounting analyses and statements when
Ensure that the accounting/reporting processes, policies and
procedures in areas of responsibility are in compliance with
established NYPA policies, financial regulations and acceptable
accounting practices. Identify and address problematic areas in
Independently or jointly conduct special reviews, prepare
analysis, and provide recommendations to management in an effort to
streamline practices and procedures.
Participate in special studies/projects as assigned and lend
guidance on accounting, financial and tax processes, policies and
Advise personnel in other departments, facilities, and outside
entities on accounting, financial and tax policies
Knowledge, Skills and Abilities Strong knowledge of US
GAAP-Financial Accounting Standards Board (FASB) and Governmental
Accounting Standards Board (GASB) pronouncements with ability to
apply to real world situations.
Knowledge and demonstrated analytical skills in Financial
Reporting and Internal Controls.
Ability to research and analyze complex transactions to
determine impact on financial statements and forecasts.
Knowledge and a developed understanding of internal controls and
how they impact the integrity and accuracy of accounting records
and financial reports.
Strong researching ability and analytic skills.
Strong ability to interpret financial results and present
analysis to management.
Established working knowledge of computerized accounting
systems, as well as a good understanding of PC software systems
with proficiency in the use of Microsoft Office Suite (Excel, Word,
Ability to analyze and initiate change to allow for more
Ability to organize and coordinate the assigned workload in
order to meet strict deadlines.
Strong and effective oral, written and interpersonal
communication skills are required for dealing with internal staff
Strong negotiating skills and diplomacy in obtaining
deliverables from other departments/facilities.
Ability to assist and coordinate the work of Accountants and
Accounting Assistants as needed.
Basic knowledge of hedge accounting and derivatives is
Knowledge of utility industry is preferred.
Knowledge of statutory taxation is preferred.
Education, Experience and Certifications Bachelor’s degree in
Advanced degree in Accounting or Finance is preferred.
Minimum of 7 years of demonstrated experience in multiple
disciplines of Accounting (Financial Reporting/ Internal
Experience in Accounting within the electric utility industry is
Physical Requirements Limited travel (about 10%) required
primarily to our generating facilities.
Military Occupational Speciality Codes
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MOS - Marines:
MOS - Navy :
The New York Power Authority is an Equal Opportunity
New York is Powered by You We are a team of over 1,900 energy
technologists, IT specialists, business experts, hydro engineers,
and other professionals leading the energy revolution. With
state-of-the-art technology, advanced R&D, and a modernized
infrastructure, we provide New Yorkers with low-cost, clean,
reliable power — and we are well on the way to becoming the first
fully digital utility in the country. At NYPA, you will be
empowered to think big, do good, and transform the energy
Nearest Major Market: White Plains
Nearest Secondary Market: New York City
Job Segment: Accounting, Risk Management, Internal Audit,
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