Aotearoa New Zealand is at a pivotal point in its transition to a decarbonised economy, with Transpower playing a key role in scaling electricity supply to support this shift, while maintaining the secure and reliable operation of the national grid and market system.
About the team
Our Corporate Services division ensures the safe, timely, and quality delivery of Transpower's capital structure, funding, procurement, financial management, and corporate support. This includes governance over Enterprise Performance Management and business performance.
The Projects and Assets team supports critical regulatory and pricing processes and ensures compliance with statutory financial obligations. They also manage the regulatory, tax, and accounting asset registers, ensuring that assets are accurately created from expenditures on capital projects to comply with legal, tax, regulatory, and audit requirements.
About the opportunity
As a key member of the team, working closely with the Projects and Assets Accounting Manager, you'll maintain the accounting, tax, and regulatory asset registers in line with Transpower's policies, accounting standards, and regulatory requirements.
You'll ensure asset information is accurate for tax, regulatory, and financial reporting. Your role will also involve collaborating with stakeholders across the business and offering guidance on fixed asset and project accounting.
The role offers you plenty of variety, including:
Maintaining the integrity of Transpower's fixed asset registers, ensuring accurate recording and reporting of transactions, including additions, transfers, depreciation, and disposals.
Performing month-end and year-end closing activities, including journal entries, account reconciliations, and accruals.
Providing accounting support to project managers as needed.
Preparing budget, forecast, and 10-year business plan inputs for assigned asset-related costs (e.g., write-off budget and forecast).
Preparing asset-related pricing inputs for Transmission Pricing Methodology (TPM) and ensuring mapping is accurate and updated in a timely manner and assets are correctly tagged and reported accurately for connection and pricing purposes.
Providing support to external auditors to ensure a smooth interim and final audit process, including pricing and regulatory audit.
You'll enhance existing procedures, processes, and controls to maintain accurate asset-related records.
What will you bring?
A customer-focused, hands-on approach with excellent attention to detail. You'll be a team player who enjoys collaborating across teams and the wider business. You're passionate about process and technology, with the commercial insight and flexibility to navigate the challenges and opportunities of rapid change.
To be considered, your CV and cover letter will demonstrate the following:
3+ years financial accounting experience post gaining your bachelor's degree in Accounting, Finance or similar qualification.
Technical knowledge of New Zealand and International Financial Reporting and Accounting Standards.
Sound financial systems knowledge and experience including a good understanding of system controls and reconciliations.
Good understanding of the NZ Tax system and how it relates to expenses and capital expenditure.
Intermediate Microsoft Excel skills, and competence with other Microsoft packages including Office 365 suite (Word and PowerPoint).
While not essential, let us know if you have:
A good understanding of regulatory economics and exposure to financial management in a regulatory environment.
A good understanding of, and experience in, financial valuation, management, and control of complex financial models.
Experience in project and asset accounting.
Completed the CA qualification, or working towards this.
Join us at Transpower
Aotearoa is powered by the people who work here. Every home, every marae, every electric vehicle, and every hospital relies on the electricity we manage and deliver. This is your opportunity to join us on a mission that affects all New Zealanders every day and long into the future.
We work in the office or on-site for a minimum of three days each week, which helps us build and maintain relationships, support learning, deliver outcomes, and sustain our culture. This approach also offers staff the flexibility they need for both work and personal commitments, with adaptable daily start and finish times.
Wellbeing is supported with a range of employee health and wellness benefits, on-the-job learning, professional development, and career progression over time.
Next steps
We're a close-knit team that supports each other and celebrates our successes together! Join us in contributing to a 100% renewable energy future. We invite you to review the position description below or via our website and apply without delay.
Role closes Sunday 24 November. Applications will be reviewed as they are received, and you may be contacted prior to the closing date to facilitate shortlisting.
While we aim to appoint before Christmas, we are happy to accommodate your personal circumstances in respect to a start date in late January or early February 2025.
Existing eligibility to work in New Zealand is essential.
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