Lead Financial Accountant - Technical Specialist

Snowy Hydro Careers • Walsh Bay, NSW, AU • 1w ago

About Snowy:

Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy.

We also provide electricity and gas to over 1.5 million retail customers through our retail brands Red Energy and Lumo Energy. Snowy 2.0 is Australia's largest committed renewable energy project. This nation-building project will provide on-demand energy and large-scale storage for many generations to come.

About the position:

The Lead Financial Accountant - Technical Specialist plays a key role in assessing complex accounting and/or non-routine transactions and ensuring compliant, high-quality statutory and management reporting across the Group. The role also supports accounting for the energy portfolio, including derivatives and hedge accounting. Given the nature of the portfolio, strong technical knowledge in financial instruments and derivatives is essential.

This is an 18 month maternity leave contract.

It is a hybrid position, with an expected minimum of 3 days per week in the office.

Key Responsibilities:

You will act as the Group’s technical accounting subject matter expert and provide accounting guidance across the business
You’ll lead and own the assessment and determination of appropriate accounting treatment for complex or non-routine transactions, including preparing technical papers to support key accounting positions in accordance with Group accounting policies and AASB/IFRS requirements
You will partner with the Retail division to understand and report key business drivers of C&I consumption and its impact on Snowy’s financial results
You will prepare monthly P&L summaries with detailed analysis, allowing stakeholders to better understand performance drivers
You’ll act as a key contact for external auditor requests and queries relating to net revenues, derivatives and hedge accounting
With exceptional attention to detail, you will lead the preparation and review of management and statutory reports, ensuring accuracy, integrity and compliance with accounting standards and internal policies
You will support half year and year end financial reporting processes, including preparation and review of statutory financial reporting disclosures
You will lead the interpretation, impact assessment and implementation of new and amended accounting standards across the Group

About the location:

This position is based in Sydney CBD.

About you:

Strong technical accounting knowledge of AASB standards, particularly AASB 9 & 139, with experience in financial instruments, derivatives and hedge accounting, is essential for this role
You have significant experience in preparing and reviewing annual reports, board packs, and/or management reports
You bring 7-8 years PQE in financial, technical or management accounting
Experience gained within a Big 4 Audit/Advisory and/or an ASX listed company will be highly regarded
You have strong analytical capability with the ability to interpret complex accounting issues and translate into clear commercial outcomes
You are a strong communicator, both written and verbal. You’ll be liaising not only with colleagues and senior stakeholders, but auditors and executives
Although not a people leadership role, experience mentoring or supporting junior team members will be looked upon favourably

A few of the benefits we provide:

An annual bonus based on performance
Additional leave options
Family discounts on fitness, gyms, pools and leisure centres
Discounted energy rates
An employee referral plan - good employees attract talented colleagues
Discounts with major retailers
Corporate clothing allowance

About our workforce:

Diversity and inclusion are important to us:

Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and well-being of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive.

Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for a role with Snowy Hydro and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an email with your request to the Snowy Hydro recruitment team at [email protected].

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