Energy Accounting & Derivatives Leader

Amazon Web Services (AWS); Nashville (TN); On-site; USD 125,000 - 169,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Paid time off

Parental leave

Job summary

Amazon.com Services LLC in Nashville, TN, seeks an ASC 815 expert to join the Energy Accounting team, evaluating derivative features in power and energy contracts and guiding stakeholders through complex GAAP questions under ASC 815. This role demands deep experience with derivative bifurcation, NPNS, and related GAAP guidance across ASC 815, 820, 842, and 810.

You will collaborate with cross-functional teams to resolve accounting complexities, support the close process, and continually reassess

Qualifications

• 7+ years of finance technology, forecast & budgeting, or related finance-focused competency experience.
• 12+ years of finance, accounting, or related analytical field experience.
• Experience with BI packages (Tableau, Python, QuickSight, Cognos) or similar tools.

Responsibilities

• Support the evaluation of complex power purchase and energy supply agreements for derivative features under ASC 815
• Identify embedded and freestanding derivative features within energy contracts and articulate provisions that give rise to derivative accounting
• Propose non-derivative structuring alternatives to avoid derivative classification or qualify for NPNS scope exception
• Partner with business stakeholders and customers during contract negotiations to provide ASC 815 guidance
• Assess NPNS scope exception eligibility, including designation, probability of physical delivery, and optionality/penalty provisions
• Evaluate regulatory approval considerations under ASC 815-10-15-59(e) and their impact on derivative classification
• Serve on Energy Accounting team, supporting derivative assessment for energy agreements
• Identify embedded derivative features and determine bifurcation requirements
• Evaluate contracts for NPNS scope exception with delivery probability and optionality analysis
• Assess regulatory approval implications for derivative classification
• Collaborate with stakeholders to provide proactive ASC 815 guidance during negotiations
• Propose structuring alternatives to achieve business objectives while managing accounting complexity
• Draft GAAP position papers on derivatives/financial instruments and related topics
• Research and document complex accounting concepts clearly and concisely
• Continuously reevaluate accounting positions in evolving environment
• Support period-end close with derivative-related entries and reconciliations
• Maintain internal controls over derivative identification, measurement, and reporting
• Collaborate to produce transaction flows and simplification projects
• Identify opportunities for standardization of processes across teams
• Drive productivity through technology and process improvements

Skills

Finance analytics

Forecasting & budgeting

Data analysis

Education

MBA or CPA

Tools

Tableau

Python

SQB

QuickSight

Cognos

Job description

Amazon.com Services LLC in Nashville, TN, seeks an ASC 815 expert to join the Energy Accounting team, evaluating derivative features in power and energy contracts and guiding stakeholders through complex GAAP questions under ASC 815. This role demands deep experience with derivative bifurcation, NPNS, and related GAAP guidance across ASC 815, 820, 842, and 810.

You will collaborate with cross-functional teams to resolve accounting complexities, support the close process, and continually reassess