Job Description
Own and perform a range of Treasury and Customer Credit functions
Ensure settlements, confirmations and reconciliations of trades are completed accurately
Maintain a robust financial control framework
Transpower is the owner and operator of the National Grid. At the heart of the electricity sector, we transport high voltage electricity from where it is generated to large electricity users and the distribution businesses that deliver it to homes and businesses nationwide.
Our core purpose is to empower the energy future for New Zealand - a future that delivers a net-zero carbon economy and a reliable and secure electricity system.
About the Team
Our new Treasury Operations team will deliver treasury related back-office functions, including monitoring compliance with the Treasury Policy and maintaining a robust financial control framework. The team also supports the Customer Team in calculating, monitoring and managing customer credit.
Our wider Finance Group also includes financial reporting, financial planning, business partnering, financial operations, asset accounting and finance systems.
About the opportunity
As Treasury Accountant you will be responsible for processing Treasury transactions, such as settlements and reconciliations. You will assist in monitoring compliance with our Customer Credit Policy, which involves the monitoring and reporting of Customer Credit limits and balances and non-recovery, where necessary.
You will own and perform a range of Treasury and Customer Credit functions including a range of Treasury back-office activities which ensure treasury transactions are accurately captured in the accounting and settlements module of our Treasury Management System, which ensures settlements, confirmations and reconciliations of trades are completed accurately and in a timely manner.
Other key aspects of the role include:
Preparation of monthly and daily Balance Sheet reconciliations, journal entries and accruals.
Assisting maintaining Treasury related procedure documents relating to middle and back-office Treasury functions
Assisting with processes which monitor compliance with Treasury Policy requirements, including our daily settlements/events diary and exception reporting, to ensure a strong internal control framework is in place.
Responsibility preparing rating agency liquidity reports, assigned Statistics NZ returns and extends into customer credit, preparing customer credit exposure calculations,
Assisting the Treasury Operations Manager reviewing Customer related contracts in order to advise on the appropriateness of credit support
Regular monitoring of credit worthiness of existing customers, keeping abreast of market announcements that may indicate potential risk to recovery
The role will see you connecting into and where required you will assist our Financial Operations and Customer team collecting overdue customer balances.
What are we looking for?
We're looking for someone with relevant finance or treasury accounting experience-either someone ready to take the next step in their career and grow, or someone more established who's looking for a meaningful role in a purpose-driven organisation.
Your CV and Cover letter will demonstrate:
With solid financial analysis experience, analytical thinking and problem-solving skills, and a strong attention to detail and desire to strive for accuracy, you will be someone with proven ability to prioritise work, and you will possess:
Technical know-how, ideally gained from experience with valuing treasury instruments and derivatives, in particular how to apply NZ and International Financial Reporting Standards in relation to treasury instruments and derivatives.
An excellent customer service attitude and mindset, with good communication, interpersonal and presentation skills.
Internal controls with the ability to identify opportunities for continuous improvement of financial controls and implement change.
Office 365: intermediate Microsoft Excel skills to financial model development stage and competence with the Office 365 suite
A general understanding of the electricity industry's structure, regulation and operation whilst not essential will be viewed favourably.
Why you should join us
Join us in powering Aotearoa. Every home, marae, electric vehicle, and hospital relies on the electricity we manage and deliver. This is your opportunity to be part of a mission that impacts all New Zealanders, the planet, and the economy.
With over 28 nationalities, our people provide diverse perspectives, knowledge, and deep and varied experience which they love to share.
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.
Employee wellbeing is prioritised with a range of health and wellness benefits - check them out here: Staff benefits | Transpower
Other useful insights can be found in our integrated report: Transpower Integrated Report FY24.pdf and our Transpower Green Bond Report 2026.pdf.
Role closes Wednesday 4th June. However, applications will be reviewed as received, and we may contact you to discuss prior to the closing date.
Please note: Existing eligibility to work in New Zealand is required for this role.
Ensure settlements, confirmations and reconciliations of trades are completed accurately
Maintain a robust financial control framework
Transpower is the owner and operator of the National Grid. At the heart of the electricity sector, we transport high voltage electricity from where it is generated to large electricity users and the distribution businesses that deliver it to homes and businesses nationwide.
Our core purpose is to empower the energy future for New Zealand - a future that delivers a net-zero carbon economy and a reliable and secure electricity system.
About the Team
Our new Treasury Operations team will deliver treasury related back-office functions, including monitoring compliance with the Treasury Policy and maintaining a robust financial control framework. The team also supports the Customer Team in calculating, monitoring and managing customer credit.
Our wider Finance Group also includes financial reporting, financial planning, business partnering, financial operations, asset accounting and finance systems.
About the opportunity
As Treasury Accountant you will be responsible for processing Treasury transactions, such as settlements and reconciliations. You will assist in monitoring compliance with our Customer Credit Policy, which involves the monitoring and reporting of Customer Credit limits and balances and non-recovery, where necessary.
You will own and perform a range of Treasury and Customer Credit functions including a range of Treasury back-office activities which ensure treasury transactions are accurately captured in the accounting and settlements module of our Treasury Management System, which ensures settlements, confirmations and reconciliations of trades are completed accurately and in a timely manner.
Other key aspects of the role include:
Preparation of monthly and daily Balance Sheet reconciliations, journal entries and accruals.
Assisting maintaining Treasury related procedure documents relating to middle and back-office Treasury functions
Assisting with processes which monitor compliance with Treasury Policy requirements, including our daily settlements/events diary and exception reporting, to ensure a strong internal control framework is in place.
Responsibility preparing rating agency liquidity reports, assigned Statistics NZ returns and extends into customer credit, preparing customer credit exposure calculations,
Assisting the Treasury Operations Manager reviewing Customer related contracts in order to advise on the appropriateness of credit support
Regular monitoring of credit worthiness of existing customers, keeping abreast of market announcements that may indicate potential risk to recovery
The role will see you connecting into and where required you will assist our Financial Operations and Customer team collecting overdue customer balances.
What are we looking for?
We're looking for someone with relevant finance or treasury accounting experience-either someone ready to take the next step in their career and grow, or someone more established who's looking for a meaningful role in a purpose-driven organisation.
Your CV and Cover letter will demonstrate:
With solid financial analysis experience, analytical thinking and problem-solving skills, and a strong attention to detail and desire to strive for accuracy, you will be someone with proven ability to prioritise work, and you will possess:
Technical know-how, ideally gained from experience with valuing treasury instruments and derivatives, in particular how to apply NZ and International Financial Reporting Standards in relation to treasury instruments and derivatives.
An excellent customer service attitude and mindset, with good communication, interpersonal and presentation skills.
Internal controls with the ability to identify opportunities for continuous improvement of financial controls and implement change.
Office 365: intermediate Microsoft Excel skills to financial model development stage and competence with the Office 365 suite
A general understanding of the electricity industry's structure, regulation and operation whilst not essential will be viewed favourably.
Why you should join us
Join us in powering Aotearoa. Every home, marae, electric vehicle, and hospital relies on the electricity we manage and deliver. This is your opportunity to be part of a mission that impacts all New Zealanders, the planet, and the economy.
With over 28 nationalities, our people provide diverse perspectives, knowledge, and deep and varied experience which they love to share.
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.
Employee wellbeing is prioritised with a range of health and wellness benefits - check them out here: Staff benefits | Transpower
Other useful insights can be found in our integrated report: Transpower Integrated Report FY24.pdf and our Transpower Green Bond Report 2026.pdf.
Role closes Wednesday 4th June. However, applications will be reviewed as received, and we may contact you to discuss prior to the closing date.
Please note: Existing eligibility to work in New Zealand is required for this role.
💡 Quick Summary
Seeking a career-building opportunity? The Treasury Accountant - Back Office Credit position is now open for candidates interested in the Government Job Alert sector. This role in Wellington offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Government Job Alert is a plus.