Job Description

ENGIE is committed to reshaping the energy future through the global implementation of a lower carbon energy economy in order to preserve the world’s natural resources. We are looking for talented and driven people who are committed to making the vision a reality.

This individual will be responsible for technical accouting processes, including mergers, acquisitions, restrucrings, divestiture support, financial reporting, accounting for derivatives and accouting research.

This position sits in Houston, TX on a hybrid schedule of both in-office and work-from-home days and repots to the Director, Head of Technical Accounting.

What you’ll do:

Business Development Support – perform accounting reviews of business development activities and business transactions

Review business development transactions to determine the accounting impact referencing International Financial Reporting Standards (IFRS) and US GAAP accounting guidance and consulting with the Director of Technical Accounting, the VP Controller, ENGIE Group competency center and external auditors

Prepare complex assessments and review assessments of less complex contracts under IFRS and US GAAP to identify derivatives, leases, revenue recognition elements, consolidation issues, or other accounting compliance or disclosure implication

Advise the valuation and business development teams on proposed transactions, including reviewing and validating the transaction models’ financial impacts on accounts prior to contract execution

Perform or coordinate financial due diligence on acquisition targets, as required

Prepare or coordinate the preparation of purchase price allocations for both business combinations and asset acquisitions, including reconciliation with investment case models

Derivative Accounting – perform activities in the monthly derivative and hedge accounting financial close and reporting processes for ENGIE North America’s Energy Solutions, Renewables, Retail Supply, and Flex Gen businesses

Documenting hedge designations under IFRS and US GAAP, including its application, calculation of ineffectiveness, deferred tax implications and entry into Aligne, FinCad, or other hedge accounting systems

Preparing month-end derivative and hedge accounting entries

Reconciling month-end hedge status, other comprehensive income, and ineffectiveness P&L to designation information

Assisting in the validation and explanation of derivative results to management

Prepare monthly derivative account reconciliations

Prepare derivative and other technical accounting audit schedules and footnote disclosure support for ENGIE and ENGIE's partnerships

Designing and refining the month-end derivative database, as needed, to achieve efficiencies in the month-end close and footnote disclosure processes

Perform other specific derivative accounting tasks as designated by Management

Performs other specific derivative and technical accounting tasks as directed

Performs technical accounting research and prepares accounting analysis documentation

Assists in preparing and presenting technical accounting training to ENGIE's accounting team

Supports the implementation of new and emerging IFRS and US GAAP accounting standards

Supports management with ad hoc requests

Carry out other duties as assigned

What you bring:

Bachelor’s degree in Accounting or MIS required. Master’s degree preferred

Minimum of ten (10) + years' relevant experience required with 2+ years Big 4 a plus

CPA or equivalent (such as a Chartered Accountant) is required

Prior experience in understanding electricity and natural gas markets preferred

Strong internal controls mindset to perpetuate and amplify Management’s tone at the top

Strong customer service skills to internal and external customers

Proficient in IFRS and/or US GAAP, with special emphasis on derivative accounting, business combinations, joint ventures, revenue recognition, and leases

Strong accounting research and technical writing skills

Ability to identify significant accounting issues and prioritize work tasks accordingly

Ability to communicate effectively with internal customers and external auditors

Ability to plan and manage multiple projects across different business lines and departments to ensure delivery of in line with deadlines, including the month end close process

Able to work in a time sensitive environment including managing overtime, as necessary, and accommodating hours outside of usual US business hours to liaise with ENGIE’s global businesses

Proficient in Microsoft Excel, Word and PowerPoint.  Microsoft Access or SQL skills are a significant advantage

Tools used for the job may include the Microsoft Office 360 Suite including Teams and One Drive, SAP, Solomon, and Payroll/HR software (ADP & eTime)

Strong-interpersonal skills and self-motivated

Additional Information/Conditions:

 Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future

Must be willing and able to comply with all ENGIE ethics and safety policies

The noise level in the work environment is usually moderate

Ability to meet highest attendance requirements

Ability to communicate effectively, both written and verbally

Ability to handle multiple assignments on a timely basis with a high degree of accuracy

Ability to use company issued computer

Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job

Reasonable accommodations may be made to enable individuals with the needed assistance to perform the essential functions

This position is eligible for a hybrid schedule consisting of in-office and work-from-home opportunities