Senior Energy Accounting & Derivatives Leader

Amazon Web Services (AWS); Arlington (VA); On-site; USD 139,000 - 188,000; Full time

Job summary

Amazon.com Services LLC in Arlington, VA is seeking a senior Finance/Accounting professional to join the Energy Accounting team. The role focuses on derivative evaluation for energy agreements, classification under ASC 815, NPNS scope, and collaboration with business stakeholders to optimize terms before execution.

The ideal candidate has extensive experience in finance/accounting with BI tool proficiency and leadership exposure.

Qualifications

• 7+ years of finance technology, forecast & budgeting, or other finance-focused competency experience.
• 12+ years of finance, accounting, or related analytical field experience.
• Experience with Tableau, Python, SQB, Quicksight, Cognos or other BI packages.

Responsibilities

• Serve as a member of the Energy Accounting team, supporting the derivative assessment process for new and modified energy agreements.
• Identify embedded derivative features within host contracts and determine bifurcation requirements.
• Evaluate contracts for the NPNS scope exception, including documentation of physical delivery probability, optionality analysis, and penalty term assessment under ASC 440.
• Assess regulatory approval requirements and their implications for derivative classification.
• Partner with business and finance stakeholders during the negotiation of power purchase and energy supply agreements, providing proactive ASC 815 guidance.
• Work directly with stakeholders and counterparties to understand contract terms and propose structuring alternatives that achieve business objectives while managing accounting complexity.
• Propose non-derivative alternatives — advise on contract modifications, structuring options, and term adjustments that avoid derivative classification or enable NPNS election.
• Draft technical GAAP accounting position papers addressing complex topics, including derivatives/financial instruments (ASC 815), fair value measurement (ASC 820), leasing (ASC 842), consolidation (ASC 810), and commitments (ASC 440).
• Research and document complex accounting concepts in clear, concise, and unambiguous language that supports proposed conclusions.
• Continuously reevaluate existing accounting positions to ensure consistency with the evolving business and regulatory environment.
• Support the period-end close process by ensuring accurate and timely completion of all derivative-related accounting entries, reconciliations, and analytical reviews.
• Implement, maintain, and test internal controls over derivative identification, measurement, and reporting processes
• Collaborate with cross-functional stakeholders to produce transaction flows and implement simplification projects
• Identify, validate, and lead opportunities for standardization of processes across teams
• Drive productivity by simplifying processes, engaging emerging technology, and/or implementing innovative solutions

Skills

Finance technology

Forecast & budgeting

BI concepts

Education

MBA

CPA

Tools

Tableau

Python

SQL

Quicksight

Cognos

Job description

Amazon.com Services LLC in Arlington, VA is seeking a senior Finance/Accounting professional to join the Energy Accounting team. The role focuses on derivative evaluation for energy agreements, classification under ASC 815, NPNS scope, and collaboration with business stakeholders to optimize terms before execution.

The ideal candidate has extensive experience in finance/accounting with BI tool proficiency and leadership exposure.