Treasury (Derivative) Accountant

3 weeks ago

Brisbane City, Australia Stanwell Corporation Full time
  • Join a leading energy organisation
  • Build and develop your skills in a core part of our electricity business
  • Brisbane based with hybrid working

About Stanwell

Stanwell provides the spark for a bright future, and that future starts now. With our corporate office in Brisbane’s CBD and sites in the South Burnett and Rockhampton regions, we are a supplier of energy solutions to Queensland, the National Electricity Market, and large energy users throughout Australia. With more than 3 GW of renewable generation projects and firming capacity under development, we have an extensive renewable energy pipeline, with a goal of 9 to 10 GW of renewable energy and 5 GW of energy storage in place by 2035.

So, if you’d like to be part of the clean energy transformation in Queensland, working at Stanwell might be for you.

We care. We adapt. We deliver. These values are the driving force behind everything we do. And as we grow and deliver that pipeline of projects in the coming years, we will continue to serve our communities and deliver the power that Queensland needs.

About the role

Full time opportunity located in Brisbane CBD.

The Treasury Derivative Accountant will assist the Senior Accountants in achieving financial objectives and deliverables and act in accordance with Stanwell's business process, regulatory obligations and internal and external reporting requirements.

Reporting into the Treasury Manager, you will be responsible for assisting in the accounting for derivative financial instruments and involves ensuring accurate and timely reporting, compliance with regulatory requirements and providing insightful analysis to support decision-making processes.

Key activities include

  • Assist in preparing and reporting of derivatives activity for internal financial reporting and the financial disclosures included in the company monthly and annual reporting.
  • Complete monthly hedge accounting and corporate accounting journal entries, including market-to-market and realised gains/losses, for posting in the general ledger.
  • Ensure generated ledger postings are in accordance with approved accounting policies.
  • Assist the Senior Treasury Accountants in the monthly recording of revenue and derivatives transactions, including the investigation of anomalies and reconciliation of reports.
  • Review, improve and develop documentation of business and system processes.

About you

  • Excellent analytical and organisational skills with the ability to set priorities and work to deadlines.
  • Proven accounting / financial experience with a high level of accuracy and attention to detail.
  • Ability to work effectively in a team environment and collaborate with various departments.
  • Strong verbal and written communication skills to explain complex financial concepts to non-financial stakeholders; and
  • Familiarity in accounting software systems beneficial and financial modelling tools (Intermediate Excel essential). Fundamental understanding of derivative instruments and their accounting treatment.

Benefits:

  • 12.75% employer contribution to superannuation
  • Access to Bright Spark – our rewards, recognition and discounts platform
  • Weekly pay
  • Contributions for IP/TPD insurance units 
  • Flexible work arrangements
  • Centrally located in Brisbane CBD
  • Incentive scheme
  • Health and wellbeing initiatives (e.g. skin checks, flu vaccines)
  • Access to learning and development on and off the job
  • Exceptional safety culture
  • Plus, a whole lot more

What’s next?

To submit your application, please apply online with your CV.

Applications close: 11:55pm, 19 November 2024

Further information on Stanwell can be found online at www.stanwell.com

As part of the recruitment process, you may be required to undertake pre-employment checks (may include police checks, AusCheck, medical assessment and/or drug and alcohol testing). 

Inclusion and diversity is an important part of shaping Stanwell’s culture and how our workplace operates. We recognise and value that it’s essential to creating a safe, inclusive, and productive workplace.

We are proactive about giving our people opportunities to excel and truly be themselves. We enable this through diversity, fairness, and flexible work practices.

If you have any support or access requirements, we encourage you to advise us at the time of application.

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