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Amazon

Senior Manager, Energy Accounting, AWS Energy Accounting

Amazon is hiring a Senior Manager, Energy Accounting, AWS Energy Accounting in Seattle, United States. It pays $139k-$188k a year and Level rates it ; you can apply on Amazon.

Level's read on this job

  • Level rates this accountant role Little AI ●○○○: aI is not part of the work.
  • The listed pay starts 26% above the typical accountant posting on Level.
  • Level classifies it as a senior role.
  • Level lists 21,000+ other open roles at Amazon.
  • The role was posted in the last few days.

AI in this role

Amazon Web Services (AWS) is one of the world's most innovative and leading cloud computing service providers, and our data center infrastructure is the backbone that powers it all. As AWS continues its global expansion, we are making significant investments in energy procurement to ensure our data centers operate reliably, sustainably, and at scale. We take pride in building the right controllership from day one — and that means hiring specialists who raise the bar.

In support of AWS's continued growth to build out and energize data centers, we are seeking an ASC 815 subject matter expert with strong expertise in derivative identification, valuation, and accounting within the power and utility industry to join our Energy Accounting team.

This role is a key member of the Energy Accounting team, supporting technical evaluations for derivative accounting. Operating in an environment where strategy may not be fully defined, the individual will use expertise and judgment to select the right stakeholders, determine goals, and drive resolution of complex accounting questions. The individual will:
- Support the evaluation of complex power purchase and energy supply agreements for derivative features under ASC 815
- Identify embedded and freestanding derivative features within energy contracts and clearly articulate which provisions give rise to derivative accounting
- Propose non-derivative structuring alternatives to business stakeholders — proactively advising on contract terms that avoid derivative classification or qualify for the Normal Purchases and Normal Sales (NPNS) scope exception
- Partner with business stakeholders and customers during contract negotiation to provide real-time ASC 815 guidance, ensuring accounting implications are understood and addressed before execution
- Assess NPNS scope exception eligibility, including documentation of designation, probability of physical delivery, and evaluation of optionality and penalty provisions
- Evaluate regulatory approval considerations under ASC 815-10-15-59(e) and their impact on derivative classification


Key job responsibilities
- Serve as a member of the Energy Accounting team, supporting the derivative assessment process for new and modified energy agreements
- 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
- Work directly with stakeholders and counterparties to understand contract terms and propose structuring alternatives that achieve business objectives while managing accounting complexity
- Propose non-derivative alternatives — advise on contract modifications, structuring options, and term adjustments that avoid derivative classification or enable NPNS election
- 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), consulting with accounting policy as appropriate
- Research and document complex accounting concepts in clear, concise, and unambiguous language that critically supports proposed conclusions
- Continuously reevaluate existing accounting positions to ensure consistency with the evolving business and regulatory environment
- Support the period-end close process by ensuring accurate and timely completion of all derivative-related accounting entries, reconciliations, and analytical reviews
- Implement, maintain, and test internal controls over derivative identification, measurement, and reporting processes
- Collaborate with cross-functional stakeholders to produce transaction flows and implement simplification projects
- Identify, validate, and lead opportunities for standardization of processes across teams
- Drive productivity by simplifying processes, engaging emerging technology, and/or implementing innovative solutions


Basic qualifications

- 7+ years of finance technology, forecast & budgeting, or other finance-focused competency experience
- 12+ years of finance, accounting, or related analytical field experience
- Experience with Tableau, Python, SQB, Quicksight, Cognos or or other BI packages

Preferred qualifications

- MBA, or CPA
- Knowledge of one or multiple accounting frameworks (including US GAAP, IFRS, or local GAAP frameworks), with the ability to apply them in day-to-day financial activities
- Experience in a leadership position managing finance, accounting and operational processes
- Experience working cross-functionally with a wide breadth of stakeholders, users, engineers, and leaders to generate buy-in

Amazon is an equal opportunity employer and does not discriminate on the basis of protected veteran status, disability, or other legally protected status.

Los Angeles County applicants: Job duties for this position include: work safely and cooperatively with other employees, supervisors, and staff; adhere to standards of excellence despite stressful conditions; communicate effectively and respectfully with employees, supervisors, and staff to ensure exceptional customer service; and follow all federal, state, and local laws and Company policies. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness and professionalism, and safeguard business operations and the Company’s reputation. Pursuant to the Los Angeles County Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Our inclusive culture empowers Amazonians to deliver the best results for our customers. If you have a disability and need a workplace accommodation or adjustment during the application and hiring process, including support for the interview or onboarding process, please visit https://amazon.jobs/content/en/how-we-hire/accommodations for more information. If the country/region you’re applying in isn’t listed, please contact your Recruiting Partner.

The base salary range for this position is listed below. Your Amazon package will include sign-on payments and restricted stock units (RSUs). Final compensation will be determined based on factors including experience, qualifications, and location. Amazon also offers comprehensive benefits including health insurance (medical, dental, vision, prescription, Basic Life & AD&D insurance and option for Supplemental life plans, EAP, Mental Health Support, Medical Advice Line, Flexible Spending Accounts, Adoption and Surrogacy Reimbursement coverage), 401(k) matching, paid time off, and parental leave. Learn more about our benefits at https://amazon.jobs/en/benefits.



USA, CA, Culver City - 139,100.00 - 188,200.00 USD annually
USA, MA, Boston - 139,100.00 - 188,200.00 USD annually
USA, OR, Portland - 139,100.00 - 188,200.00 USD annually
USA, TN, Nashville - 125,200.00 - 169,400.00 USD annually
USA, TX, Austin - 139,100.00 - 188,200.00 USD annually
USA, VA, Arlington - 139,100.00 - 188,200.00 USD annually
USA, WA, Seattle - 139,100.00 - 188,200.00 USD annually

How we rate this

Senior Manager, Energy Accounting, AWS Energy Accounting at Amazon rates 38 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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Pay

This job starts at
$139k
Typical accountant job
$110k

This posting starts 26% above the typical accountant job. See accountant jobs

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