About the Role

We are seeking an experienced Manager or Senior Manager with strong technical accounting capability and deep sector experience across the energy industry. This role will support a diverse portfolio of clients operating across generation, retail, and trading markets. You’ll lead complex engagements, advise on high‑judgement accounting matters, and work closely with partners and clients on emerging issues in one of the most dynamic sectors.

Why Energy?

The energy sector is one of the most dynamic and rapidly evolving industries, with significant change driven by decarbonisation, market reform, new technologies, and increasing complexity in financial reporting. This role offers continuous learning opportunities, exposure to high‑profile engagements, and the chance to build deep expertise in an exciting and fast‑moving field.

Key Responsibilities

• Lead and review technical accounting assessments across a broad range of energy sector topics.
• Manage audit and advisory engagements involving complex financial instruments, valuations, and market‑linked models.
• Provide guidance on accounting for renewable energy products, environmental schemes, and market‑based instruments.
• Review and interpret contracts including, leases, supply agreements, executory contracts, and derivative arrangements (including Power purchase agreements).
• Oversee financial reporting implications for major energy transactions and new asset developments.
• Mentor and develop junior team members and contribute to sector knowledge capture.
• Collaborate with cross‑functional teams including valuation, tax, and risk specialists.

Required Experience & Skill Set

Energy Sector Experience

Candidates must have experience in one or more of the following:

• Electricity generation (coal, gas, renewables, thermal, hybrid assets).
• Energy retailing, customer contracts, and pricing models.
• Energy trading and risk management functions.

Derivative & Financial Instrument Expertise

• Comfort working with a wide range of derivative products across Level 1 to Level 3 valuation hierarchy.
• Strong experience with Power Purchase Agreements (PPAs), including fair value modelling and embedded derivatives.

Complex Modelling & Impairment

• Experience working with complex impairment models involving external market price curves, discount rates, demand assumptions, capacity factors, etc.
• Ability to challenge management modelling and external expert reports.

Environmental Products & Scheme Accounting

• Knowledge of accounting treatment, measurement, and classification for:
  • Renewable Energy Certificates / LGCs
  • ACCUs and carbon units
  • Other scheme‑related environmental products
• Understanding of how these interact with derivative, inventory, or intangible classifications.

Contract Interpretation & Technical Judgement

• Ability to read and interpret:
  • Lease agreements
  • Executory contracts
  • Derivatives and structured energy contracts
• Capability to assess whether contracts fall within AASB 16, AASB 9, or remain executory.

General Technical Accounting Foundation

• Working knowledge of core accounting areas including PPE, payables, provisions, revenue, and financial statement disclosures.
• Experience writing or reviewing technical accounting papers.

KPMG is a professional services firm with global outreach and deep sector experience. We work with clients across an array of industries to solve complex challenges, steer change and enable growth. 

Our people are what make KPMG the thriving workplace that it is and what sets us apart is that we know great minds think differently. Collaborate with a team of passionate, highly skilled professionals who’ve got your back. You’ll build relationships with unique and diverse colleagues who will provide you with the support you need to be your best and produce meaningful and impactful work in an inclusive, equitable culture.

At KPMG, you’ll take control over how you work. We’re embracing a new way of working in many ways, from offering flexible hours and locations to generous paid parental leave and career breaks. Our people enjoy a variety of exciting perks, including retail discounts, health and wellbeing initiatives, learning and growth opportunities, salary packaging options and more.

Diverse candidates have diverse needs. During your recruitment journey, information will be provided about adjustment requests. If you require additional support before submitting your application, please contact the Talent Attraction Support Team.

At KPMG every career is different, and we look forward to seeing how you grow with us.

KPMG Australia: grow with us!