National Grid

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Associate/Analyst/Sr. Analyst, Financial Close Process

at National Grid

Posted: 7/20/2017
Job Status: Full Time
Job Reference #: 20171674

Job Description

With the demand for energy growing globally, it's a great time to be a part of this transformative industry.  National Grid is at the forefront of this transformation and we want you to join us on our journey.  We are looking for high performing individuals who take pride in the quality of their work and want to progress their careers at a large, multinational company. You will play an important role in solving some of the world's most critical energy and economic challenges. Your career development is our priority.  Our career progression tools and programs will provide you with the relevant knowledge and applicable skills to succeed. By connecting you to learning and development opportunities, we work with you to develop your leadership, business and technical skills. Supporting you to help grow the business and drive current and future performance makes us a great team. Come be a part of our team.

 

 

About the Position:  

 

Finance Operations, Associate, Analyst, Snr. Analyst, Financial Close is responsible close processes within Record to Report.  Supports and provides guidance to Finance Operations on close processes.  Ensures processes are followed, and maintains communication of the month / quarter close calendar and checklist.
 
Reports to the Manager, Financial Close Process and supports the development of close policies, procedures, standards and templates.
 
 
 
Associate Position Responsibilities (including but not limited to):
  • Provides support by analyzing financial close process standards and transactions
  • Records and evaluates financial close accounting practices and activities.
  • Documents issues and close impacts to ensure processes are kept consistent.
  • Provides administrative support in monitoring allocation or accounting issues that impede the close process.
  • Assists in researching activities of accounting standards and reporting practices applied to financial close.
  • Provides data entry support by recording transactions for close and reporting activities.
  • Assists in maintaining files to support documentation of month-end close and reporting policies to perform closure routines.
  • Supports the review of financial balance sheets to meet close expectations and identify any risks.
  • Responsible for supporting financial and non-financial controls to meet business requirements.
 
Analyst/Sr. Analyst Position Responsibilities (including but not limited to):
  • Responsible for the overall coordination of the monthly close process including developing and managing the progress of the monthly close schedule
  • Works with counterparts within the finance organization to identify and resolve issues during the monthly close process on a timely basis.
  • Ensures the necessary retention of documentation of key controls associated with the monthly close process
  • Organizes and leads daily meetings during the close process to review close progress and any issues identified in that process. 
  • Develops written communications to update the larger finance community of the status of the close and any issues identified.
  • Develops and maintains the Monthly Close and Manual Journal Entry SharePoint
  • Continually works on enhancements to streamline the current close and Manual Journal entry processes.
  • Responsible for the maintenance of the Manual Journal Accounting Policy and related Manual Journal Templates.
  • Performs periodic quality review of Manual Journal Entries to ensure consistency with our established process, investigating any outliers.
  • Performs queries in BI/HANA in order to obtain relevant information regarding Manual Journal Entries and Settlements. May also be required to create BI/HANA reports and/or liaison with the Finance Business Intelligence team on reports.
  • Develops, maintains, and analyzes results related to the Monthly Close HUB, as well as present results to the wider Finance audience
  • Works with internal and external auditors regarding audit support.
  • Organizes and leads meetings and presentations to a wide range of audienc
  • Provides support by analyzing financial close process standards and transactions.
  • Records and evaluates financial close accounting practices and activities.
  • Documents issues and close impacts to ensure processes are kept consistent.
  • Provides administrative support in monitoring allocation or accounting issues that impede the close process.
  • Assists in researching activities of accounting standards and reporting practices applied to financial close.
  • Assists in maintaining files to support documentation of month-end close and reporting policies to perform closure routines.
  • Supports the review of financial balance sheets to meet close expectations and identify any risks.
  • Responsible for supporting financial and non-financial controls to meet business requirements.


Qualifications

Knowledge and Experience Required: 
 

Associate Knowledge & experience in the following areas is preferable:

  • Accounting knowledge
  • Attention to detail
  • Technical Accounting
  • General Accounting
  • Identify patterns and trends
  • Utility industry accounting
  • US GAAP, Sarbanes-Oxley, SEC regulations and IFRS
  • Process Management
  • Month-end close processes
  • Risk mitigation

 

Analyst/Sr. Analyst Knowledge & experience in the following areas is preferable:

  • Accounting knowledge
  • Attention to detail
  • Technical Accounting
  • General Accounting
  • Identify patterns and trends
  • Utility industry accounting
  • US GAAP, Sarbanes-Oxley, SEC regulations and IFRS
  • Process Management
  • Month-end close processes
  • Risk mitigation

 

Associate Qualifications Required:

  • Associate's Degree preferred, with limited experience in finance
  • Ability to create policy documentation
  • Strong attention to detail
  • Experience documenting system requirements
  • Strong administrative and computer skills
  • Ability to develop calendars to lead the close process  
  • Effective collaboration and partnership capabilities
  • Excellent written / oral communication skills and follow-up

 

Analyst/Sr. Analyst Qualifications Required:

  • Associate's Degree, Bachelor's preferred wit 3 years in Accounting with increasing responsibility
  • Demonstrated ability to lead and establish close processes
  • Background in utility service or similar industry accounting
  • Ability to develop calendars to lead the close process  
  • Proven experience in assessing close and reporting risks
  • Effective collaboration and partnership capabilities
  • Excellent written / oral communication skills and follow-up

 

This position is one of National Grid's career path roles which provide for promotional opportunities within and across salary bands as you develop and evolve in the position by gaining experience, expertise and acquiring and applying technical skills.  

 

 

 

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise.  We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve.  National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.