Title: Senior Treasury Accountant
Victoria, Australia
When you choose AusNet, you’ll join genuine people working together, making Real. Progress
At AusNet, we’re the link between renewable energy sources and local communities, playing a key role in the clean energy transition and providing essential energy to every Victorian family.
Help us lead the way, while enriching your career with real people who encourage you to bring your best and make real impact – for your career, our communities, and Australia’s cleaner energy future.
Purposeful work with genuinely good people. That’s refreshing.
In this exciting opportunity within the Finance, Strategy & Legal Team, the Senior Treasury Accountant plays a crucial role in the Treasury back office and accounting function for AusNet. In this unique opportunity, you will have a strong focus on hedge accounting and play a key role in end-to-end back-office processes.
You will deliver financial instruments accounting expertise, including the valuation of financial instruments, the designation of hedge accounting relationships, and the preparation of management and statutory reporting for treasury areas, while providing analytical insights.
Additionally, you will be instrumental in the re-implementation project of the treasury management system 'Quantum,' which will be upgraded to its latest version in 2025, moving from on-premises to the cloud.
The nominal base location for this position is Southbank, however we are a truly hybrid and flexible workplace so happy to discuss and explore other suitable locations
This role will deliver real outcomes, including but not limited to:
• Drive the Back Office activities in the Quantum re-implementation
• Develop processes for the new system functionalities
• Perform end-to-end Treasury month-end close
• Analyse hedge accounting impact on results
• Process settlements for financial instruments
• Designate hedge relationships in Quantum
• Draft hedge documentation
• Prepare financial statements disclosures and assist with audit queries on Treasury areas (financial instruments and hedge accounting)
• Provide Treasury-related inputs for regulatory reporting
• Respond to ad-hoc Treasury-related requests from the business.
You don’t need to check every box; however, we are looking for a good combination of:
- Chartered Accountant, CPA or equivalent
- Advanced knowledge of AASB 9 hedge accounting, including hedge designations of cross currency swaps
- Experience with treasury management systems
- Knowledge of AASB 9 and AASB 7 accounting requirements
- Understanding of Treasury risk policies and governance principles
- Problem solving applied to Treasury Back Office and accounting duties
- Strong analytical focus and attention to details
- High degree of autonomy and initiative
A real place to belong.
We celebrate unique voices, refreshing perspectives and diversity in our team. Engage and connect through our social club, family day, wide range of events or by joining one of our Employee Network Groups.
We believe in more than just competitive pay. Here’s what sets us apart:
- Flexibility: whether this is hybrid work, flexible hours, or part time arrangements, we’ll work with you to help balance work and life.
- Leave: more than typical personal leave and a generous 14 weeks of paid parental leave, with no minimum service.
- Community giving: a paid day to volunteer with our social impact partner, Foodbank, or for a cause that matters to you.
- Perks: we offer all the other perks you’ve come to expect like purchased leave, income protection insurance, novated leasing, corporate discounts, private health cover discounts and more.
As an industry in transformation, we’re excited by the possibilities ahead.
So, if you’re passionate about our purpose and committed to making real progress, bring your energy and join AusNet. Together, we can shape a new way forward.