LanceSoft Inc
Job title: Financial Analyst
Duration: 12+ Months
Location: Brooklyn, NY
Pay range: $60-$75/hr on W2
Job Purpose As part of the Global Financial Reporting group, the Service Company and Rate Case Support team is primarily responsible for Service Company financial reporting, calculating annual allocation rates, and testing compliance of transactions to allocation policy and rate case cost of service. These processes ensure accurate financial statements and rate case cost of service, which is pivotal to the Finance function and National Grid as a whole.
Analyst, Service Company and Rate Case Support is responsible for rate case support testing and Service Company compliance and reporting. Responsible for identifying errors in testing and reporting the results to ensure accurate financial statements and rate case data.
Reports to the Manager, Service Company and Rate Case Support, and is responsible for producing accurate and credible results.
Key Accountabilities
Tests transactions to ensure compliance with the Cost Allocation Manual and rate case cost of service criteria
Works with counterparts on correcting errors found in compliance testing
Support rate case by preparing Information Request responses
Calculate rates used for annual Service Company rate update
Prepare schedules used in the annual FERC Form 60 filing
Calculate allocation rates annually in accordance with Cost Allocation Manual, to be used in SAP update of rates each year
Responsible for following US GAAP, SOX and other accounting standards
Assembles and reviews supporting Service Company and Rate Case documentation and resolves any concerns to ensure compliance with audits
Responsible for meeting financial filings and reporting deadlines
Responsible for supporting financial and non-financial controls to meet business requirements
Qualifications
Bachelor’s Degree with a minimum of 3 years’ experience in accounting roles with increasing responsibility
Experience working with support functions and regulatory roles preferred
Ability to support regulatory processes and rate case filings
Experience managing competing priorities while maintaining compliance and meeting deadlines
Excellent written/oral communication skills
Knowledge of general ledger platforms and accounting system experience
Experience reviewing and resolving data discrepancies
Able to assess accounting issues and recommend solutions
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Job Purpose As part of the Global Financial Reporting group, the Service Company and Rate Case Support team is primarily responsible for Service Company financial reporting, calculating annual allocation rates, and testing compliance of transactions to allocation policy and rate case cost of service. These processes ensure accurate financial statements and rate case cost of service, which is pivotal to the Finance function and National Grid as a whole.
Analyst, Service Company and Rate Case Support is responsible for rate case support testing and Service Company compliance and reporting. Responsible for identifying errors in testing and reporting the results to ensure accurate financial statements and rate case data.
Reports to the Manager, Service Company and Rate Case Support, and is responsible for producing accurate and credible results.
Key Accountabilities
Tests transactions to ensure compliance with the Cost Allocation Manual and rate case cost of service criteria
Works with counterparts on correcting errors found in compliance testing
Support rate case by preparing Information Request responses
Calculate rates used for annual Service Company rate update
Prepare schedules used in the annual FERC Form 60 filing
Calculate allocation rates annually in accordance with Cost Allocation Manual, to be used in SAP update of rates each year
Responsible for following US GAAP, SOX and other accounting standards
Assembles and reviews supporting Service Company and Rate Case documentation and resolves any concerns to ensure compliance with audits
Responsible for meeting financial filings and reporting deadlines
Responsible for supporting financial and non-financial controls to meet business requirements
Qualifications
Bachelor’s Degree with a minimum of 3 years’ experience in accounting roles with increasing responsibility
Experience working with support functions and regulatory roles preferred
Ability to support regulatory processes and rate case filings
Experience managing competing priorities while maintaining compliance and meeting deadlines
Excellent written/oral communication skills
Knowledge of general ledger platforms and accounting system experience
Experience reviewing and resolving data discrepancies
Able to assess accounting issues and recommend solutions
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