Technical Accounting Manager
Direct Energy 265 reviews - Houston, TX

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Company Profile:
Direct Energy generates electricity and produces natural gas, as well as selling commodities and servicing the energy needs of homes and businesses in 46 U.S. states plus the District of Columbia and 10 Canadian provinces. We also help our customers save on their energy bills through energy efficiency. Located in over 50 locations, our team of 6,000 employees serve over 6 million residential and commercial customer relationships.

Direct Energy is a subsidiary of Centrica plc (LSE: CNA), one of the world's leading integrated energy companies with over 20 million customers and 34,000 employees worldwide. We are committed to being the most recommended energy and services provider and leading the transition to a low carbon society.

Direct Energy is an Equal Opportunity Employer AA/F/M/D/V.


The role will provide technical accounting support to all business units of Direct Energy. This will include frequent interactions with the management team of various business units to understand business strategies and products, and providing accounting advice and conclusions to specific transactions or events. The individual will report to the Sr Director of Accounting Shared Services.

Serve as an advisor to all DE business units on technical accounting matters, including but not limited to:

Structured transactions
Merger and acquisitions
Valuation considerations related to mark-to-market accounting
Provide decision support and consultation to senior management on new products, structured transactions and M&A activity.
Perform technical accounting research and provide interpretation of ambiguous and complex accounting literature to address technical accounting questions related to special projects
Develop technical accounting memos providing documentation of the Company's application of accounting principles to specific transactions or events
Assist with updates to Direct Energy or Centrica accounting policy
Assist with half year and year end audits
Liaise with Centrica technical accounting team on issues that impact the wider Group
Partner with Centrica accounting team in assessment of proposed accounting literature
Provide technical accounting training to business units

A bachelor’s or graduate degree in accounting with at least 5 years of work experience in energy audit, technical accounting/accounting policy, or accounting in the natural gas, electricity and home service markets, specializing in business combinations, joint ventures, leases, derivatives and consolidations
CPA certification
Knowledge in the areas of derivative, inventory, impairment, lease accounting and business combination under IFRS is highly desired
Ability to research accounting literature and assess accounting implications for specific business scenarios
Excellent verbal and written communication skills
Polished communication and presentation skills with excellent ability to interface directly with Senior Management, independent accountant and all levels of employees.
Work experience foundation that allows taking on additional responsibilities and upward movement potential in the organization
Requires the ability to influence others on important, complex and non-routine issues

About this company
265 reviews
Centrica is centered on integrated energy operations in the UK and North America through four major brands -- British Gas, Centrica Energy,...