Senior Manager, Technical Accounting

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries
, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work
, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023
, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide
. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation.

• Research, document and review complex accounting transactions including those related to derivatives, revenue arrangements under ASC 606, leases under ASC 842 and consolidation accounting, among others.
• Review documentation and research performed by others to ensure conclusions are fully researched, supported and consistent with precedent-setting global conclusions.
• Assist the local TA teams by providing timely accounting analysis for proposed transactions as well as recommendations on deal structure as required to support the decision making by the M&A team and Senior Leadership.
• Consult in design of transactions to achieve the desired earnings impact within GAAP guidance.
• Provide supervision and leadership to more junior technical accounting staff.
• Timely identify and effectively communicate/resolve issues to avoid financial statement errors.
• Stay up to date on new accounting pronouncements and relevant GAAP issues and evaluate how they may impact the Company and ensure relevant information and accounting changes is provided to other departments when it impacts them.
• Interpret the accounting policies, propose and review changes to accounting policies.
• Prepare or participate in preparation of certain footnote disclosures for public financial statements.
• Participate in the review of financial statements for external filings required by legal agreements and local laws and regulations on a consistent basis.
• Manage discussions with engagement level partners and national office/professional practice directors with external auditors and/or consultants.
• Develop and maintain adequate SOX compliance as it relates to technical accounting.
• Assist in special accounting projects as assigned.

The Sr. Manager Technical Accounting regularly makes judgments and interpretations in the following highly technical areas of US GAAP:

• Identify when agreements to physically deliver electricity, fuel or other commodities are standalone derivatives, contain embedded derivatives requiring bifurcation, and/or contain lease elements.
• Assesses when contracts represent variable interests that allow one party to direct significant activities that results in a variable interest entity (and, if so, affects who is the primary beneficiary). Alternatively, if voting interest model is used, evaluate any rights the non-controlling partner may have that would preclude consolidation.
• Impairment of assets (including recoverability and/or fair value testing with little/no observable inputs).
• Accounting for business combinations and asset acquisitions (of voting and variable interest entities).
• Accounting for sales of all or some interests in businesses (many of which are in-substance real estate).
• Complex debt and equity transactions (including project financing and identifying embedded derivatives).
• Revenue recognition; regulatory accounting and issues; functional currency determination/translation.
• Understand and interpret the impacts to AES (and Power & Utilities industry) of new and major guidance expected to be issued.

• Must have a Bachelor’s degree in Accounting/Finance/Business or a related field from an accredited college or university.
• Certified Public Accountant with active license in the United States or equivalent.
• Must have a minimum of seven (7) years of progressive experience with a publicly-traded company under US GAAP and/or with a Big 4 firm auditing publicly-traded companies under US GAAP.
• Extensive experience in highly technical accounting areas.
• Energy/utility company industry accounting and/or audit experience preferred.
• Excellent…