Senior Energy Derivatives Accounting Expert

Amazon Inc.; Seattle (WA); On-site; USD 150,000 - 210,000; Full time

Job summary

Amazon Web Services (AWS) seeks an ASC 815 subject matter expert to join the Energy Accounting team. You will evaluate derivative features in energy contracts, identify bifurcation requirements, and advise on structuring alternatives to meet business goals while simplifying accounting complexity.

You will draft GAAP position papers, support NPNS eligibility assessments, and partner with stakeholders during contract negotiations to ensure proper accounting implications before execution,

Qualifications

• Experience with ASC 815 derivative accounting and financial instruments.
• Knowledge of NPNS scope exception and energy contracts.

Responsibilities

• Support the evaluation of complex power purchase and energy supply agreements for derivative features under ASC 815.
• 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.
• 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).

Job description

Amazon Web Services (AWS) seeks an ASC 815 subject matter expert to join the Energy Accounting team. You will evaluate derivative features in energy contracts, identify bifurcation requirements, and advise on structuring alternatives to meet business goals while simplifying accounting complexity.

You will draft GAAP position papers, support NPNS eligibility assessments, and partner with stakeholders during contract negotiations to ensure proper accounting implications before execution,