Senior Manager, Technical Accounting

Technical Accounting (TA) reviews and confirms conclusions on the US GAAP accounting by AES for all its contracts and non‑standard transactions that could have a material impact on the consolidated financial statements of AES. These conclusions result from critically analyzing, questioning and discussing memoranda submitted by local business TA leads and local Controllers, and thoroughly reviewing any associated contracts in English.

TA also promotes consistent accounting interpretations across AES by actively monitoring, understanding, applying and sharing examples from other SBUs proactively or as needed. TA develops the US GAAP accounting policies of AES and is responsible for US GAAP training  Sr.Manager Technical Accounting will be responsible for performing independent research of complex accounting transactions, preparing and reviewing technical accounting memos submitted by local businesses, and providing timely feedback.

Responsibility also includes supporting internal and external audits, building relationships with cross‑functional groups (e.g., Commercial, Treasury, Development, M&A), and serving as a point of contact for accounting issues. The role involves leading due diligence and transaction reviews from an accounting standpoint for the M&A process.

• Research, document and review complex accounting transactions including those related to derivatives, revenue arrangements under ASC
  606, leases under ASC
  842 and consolidation accounting.
• 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 and recommendations on deal structure to support 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, evaluate impacts to the Company, and ensure relevant information and accounting changes are provided to other departments.
• 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.

• Identify when agreements to physically deliver electricity, fuel or other commodities are standalone derivatives, contain embedded derivatives requiring bifurcation, and/or contain lease elements.
• Assess contracts that represent variable interests allowing one party to direct significant activities, resulting in a variable‑interest entity (VIE), and evaluate consolidation implications.
• Impairment of assets, including recoverability and/fair‑value testing with little or 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.
• Complex debt and equity transactions, including project financing and identifying embedded derivatives.
• Revenue recognition, regulatory accounting, functional currency determination/translation.
• Interpret and evaluate impacts of new and major guidance expected to be issued.

• Bachelor’s degree in Accounting, Finance, Business or a related field from an accredited college or university.
• Certified Public Accountant with an active license in the United States or equivalent.
• Minimum of seven (7) years of progressive experience with a…