Accountant, Sr (Accounting Policy / Research) job vacancy in ITC Holdings – Jobs in Michigan

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Job Details
Company Name : ITC Holdings
Company Location : Novi, MI 48374
Job Position : Accountant, Sr (Accounting Policy / Research)
Job Category : Jobs in Michigan

Job Description :

ESSENTIAL DUTIES & RESPONSIBILITIES

  • Supports the accounting research function for new transactions, including complex transactions such as leases, financial instruments, consolidations and joint ventures; documents conclusions in accounting research and policy memoranda.
  • Participates in the implementation of new accounting pronouncements including participation in cross-functional teams to assess the impact of and implement new accounting guidance.
  • Performs accounting and financial reporting for retirement and postretirement benefit plans; works as a key team member to develop assumptions for actuarial valuations, coordinates with actuaries, and participates in the preparation and audit of the employee benefit plans.
  • Performs accounting and financial reporting for other complex technical accounting areas including share-based compensation, derivatives and hedging, contingent liabilities, leases, and others.
  • Provides support to parent company, Fortis Inc., on complex accounting matters, implementation of new accounting standards, and ITC’s accounting policies for various technical areas.
  • Performs initial review of new contracts to assess financial and accounting implications, including embedded derivatives, and leases to ensure accounting is in accordance with GAAP and FERC standards.
  • Assists with assessing and implementing technology solutions to support the accounting for complex transactions, as needed.
  • Supports/coordinates Sarbanes Oxley compliance for certain accounting and research areas.
  • Supports special projects and ad-hoc requests as needed.

REQUIREMENTS

  • Bachelor’s degree in Accounting or Finance or relevant, equivalent experience and/or education.
  • Minimum of five (5) years of experience in accounting with increasing level of responsibility.
  • Public accounting experience preferred.
  • Accounting research experience preferred.
  • CPA preferred.
  • Experience with Sarbanes Oxley compliance preferred.
  • Ability to research and analyze various types of data; highly organized and attentive to detail.
  • Proficient knowledge of FASB, GAAP and SEC authoritative literature.
  • Strong written, verbal, and interpersonal communication skills.
  • Possesses sound analytical problem-solving skills to resolve complex accounting and other issues.
  • Above average ability to utilize technology to complete daily assignments
  • Above average knowledge of Microsoft Excel and financial systems
  • Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas

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