Financial Accounting Analyst
TransGrid
Company Overview
TransGrid
Sydney, NSW, Australia
1995
Approximately 1,150 to 1,780 employees (source: zoominfo.com). Revenue of $887 million in FY 2023 (source: rocketreach.co).
What They Do
TransGrid's primary focus is on operating the high-voltage electricity transmission network across New South Wales (NSW) and the Australian Capital Territory (ACT). This extensive network spans over 13,085 kilometers of transmission lines and includes 128 substations operating at various voltages, including 500 kV, 330 kV, 220 kV, and 132 kV. The company connects a diverse range of stakeholders, including generators, distributors, and 20 direct-connect customers such as Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy, while also facilitating the integration of renewable energy sources like wind and solar (source: wikipedia.org). Additionally, TransGrid operates a telecommunications network that exceeds 4,000 kilometers, primarily utilizing Optical Ground Wire on its transmission lines.
TransGrid offers a variety of products and services, including high-voltage transmission network management, connections for renewable generation, and telecommunications infrastructure. The company also provides non-regulated services through its Transgrid Services Group (TSG), which was established in 2018 to enhance infrastructure and telecom delivery (source: transgrid.com.au). Target markets include the National Electricity Market (NEM), serving NSW and ACT, with interconnections to Queensland and Victoria. The company emphasizes grid stability, particularly as the energy landscape transitions towards renewable sources.
As Australia's largest transmission network operator, TransGrid differentiates itself through its extensive infrastructure scale and innovative technologies. This includes the deployment of synchronous condensers for inertia and voltage control, which are essential for accommodating higher levels of renewable energy penetration. The company also invests in innovation funds, such as the $4.7 million Demand Management Innovation Allowance (DMIA), aimed at supporting flexible loads and virtual power plants (VPPs), alongside advancements in drone inspections and control room technology upgrades (source: smartcitiestech.io).
Projects & Track Record
TransGrid has been involved in several notable projects that highlight its commitment to enhancing the electricity transmission network. One significant project is the South Australia portion of EnergyConnect, which spans 200 kilometers between Robertstown and the NSW/SA border, completed by ElectraNet in December 2023. This project is part of a larger 700-kilometer interconnector that aims to unlock 1,800 MW of clean energy across NSW, South Australia, and Victoria's renewable zones, supported by $295 million in financing from the Clean Energy Finance Corporation (CEFC) and creating approximately 1,700 construction jobs (source: cefc.com.au).
Ongoing major projects include the full EnergyConnect initiative, which will cover a total of 900 kilometers, and the installation of synchronous condensers at five sites across NSW, contracted with GE Vernova in November 2025. These installations are crucial for providing grid inertia, voltage control, and fault current capabilities to replace functions previously served by coal. Additionally, TransGrid is upgrading its control room technology to enhance dynamic high-voltage operations and is utilizing digital twin simulations for grid scenarios through a partnership with AgenticGrid.ai, funded by the DMIA (source: gevernova.com).
TransGrid's key clients and partnerships include GE Vernova, Elecnor Australia, ElectraNet, and the Clean Energy Finance Corporation, as well as direct connections with major energy distributors like Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy. The company's geographic presence is robust, covering NSW and ACT fully, with interconnections to Queensland and Victoria, and ongoing expansion efforts through projects like EnergyConnect into South Australia's renewable zones (source: wikipedia.org).
Recent Developments
In November 2025, TransGrid signed a significant contract with GE Vernova for the installation of synchronous condensers at five sites in NSW, aimed at stabilizing the grid during the transition from coal to renewable energy sources (source: gevernova.com). Earlier, in September 2025, the company launched a $4.7 million Demand Management Innovation Allowance (DMIA) fund, which awarded funding to AgenticGrid.ai for developing grid digital twins that simulate the integration of renewables and weather events (source: smartcitiestech.io). Additionally, Brett Redman was appointed as the Chief Executive Officer, marking a significant leadership change within the organization (source: zoominfo.com).
ElectraNet successfully completed the South Australia portion of EnergyConnect in December 2023, which is a critical advancement for TransGrid's 700-kilometer segment in NSW, further enhancing the interconnectivity of the electricity grid (source: cefc.com.au). Furthermore, TransGrid has initiated a control room technology uplift program to improve operations for the clean energy grid and has established community partnerships that offer grants of up to $10,000 in Broken Hill and Far West NSW until December 7, 2024 (source: transgrid.com.au). Notably, the company's new headquarters at 180 Thomas St, Haymarket, Sydney, has achieved a 6-star rating, making it the first project in NSW to reach such a standard (source: thefifthestate.com.au).
Working There
TransGrid offers a diverse range of roles across various departments, including Engineering & Technical, Operations, Information Technology, Finance, Marketing, Legal, and Human Resources. The company employs approximately 300 individuals in Engineering & Technical, 273 in Operations, 200 in Information Technology, and 185 in Finance, among others, with executive leadership comprising CEO Brett Redman, CFO Nadine Lennie, and Executive General Manager Network Marie Jordan (source: zoominfo.com). Hiring primarily occurs at the Sydney headquarters, located at 180 Thomas St, with additional offices in Newcastle, Orange, Tamworth, Wagga Wagga, and Yass, employing a total of 979 individuals in Australia and a small number in Europe and North America (source: wikipedia.org).
The company culture is reflected in its 6-star rated Haymarket headquarters, which emphasizes efficiency and innovation, aligning with the company's commitment to clean energy transition and stakeholder engagement. TransGrid actively collaborates on innovation projects through the DMIA and engages in community partnerships, such as providing grants to local initiatives (source: thefifthestate.com.au). While specific benefits are not extensively documented, the leadership under People & Culture head Stephen McSweeney suggests a structured approach to human resources support (source: wikipedia.org).
Contact
Last updated on 2025-12-27 | Report an issue
At Transgrid, our work improves the lives of millions - from lighting up sports fields, schools and homes, to powering the wheels of commerce and everything else in between. Now it's your turn to make it happen.
This is an exciting time in the energy industry with the transition to renewable energy. Recent government policy documents outline plans to facilitate increasing transmission interconnection between states and development of renewable energy zones.
The Opportunity
Join an organisation delivering nation-building renewable energy projects that will provide reliable, on-demand energy and large-scale storage for generations to come.
As we continue our transition to renewable energy, our business is growing. We are now seeking a Financial Accounting Analyst to join our Lumea Finance team. This role is critical in strengthening our financial accounting capability, ensuring accurate financial reporting, statutory compliance, and high-quality analytical insights to support informed business decisions.
You will also play a key role in managing the organisation's bank guarantee processes and associated compliance obligations, working closely with internal stakeholders and external partners.
Key responsibilities include
- Prepare accurate financial statements and compliance reporting in line with accounting standards, supporting month-end and year-end close activities
- Provide technical accounting advice and ensure compliance with statutory, tax, and audit requirements
- Deliver financial analysis to support budgeting, forecasting, and strategic decision-making
- Maintain effective internal controls and support continuous improvement of compliance processes
- Partner with business units, customers, and external advisors, including managing bank guarantee processes and liaising with auditors and regulators
This role is based in Ultimo and offers a competitive salary, comprehensive benefits and genuine opportunities for professional development and career progression.
Join us and help shape Australia's clean energy future.
About you
To succeed in this role, you will have:
- A Bachelor's degree in Accounting, Finance, or related discipline, and CA/CPA qualified (or equivalent)
- 5+ years' experience in financial accounting, ideally within infrastructure, energy, or other capital-intensive industries; experience with major accounting firms is a plus
- Strong technical knowledge of accounting standards, advanced Excel skills, and experience with ERP systems desirable
- Excellent analytical, problem-solving, and communication skills, with the ability to work collaboratively, influence stakeholders, and deliver with high attention to detail
We believe in providing our people personal, professional and social benefits so that they can deliver their best work each and every day. Employees have access to a range of corporate discounts across retail, utilities, travel, health & wellbeing etc, as well as novated leasing options, workplace flexibility, 20 weeks paid parental leave and more.
Regardless of where you are in your professional journey, Transgrid powers your career by providing access to regular and on-going training, workplace mentoring and tertiary education. At Transgrid, you are encouraged to build a career that is right for you.
Our Values
Transgrid's core values encompass safety, achievement, integrity, and service. Prioritising safety above all, the company emphasises making a meaningful impact through achievement, upholding honesty through integrity, and delivering exceptional outcomes for customers and communities through dedicated service. These values are ingrained in the actions and behaviours of Transgrid's people, who embody them every day.
Transgrid is committed to Health and Safety, the Environment, Equal Employment Opportunity, Diversity and Ethical Practices. All applicants are expected to demonstrate an understanding of and commitment to these areas.
Get Job Alerts
Get alerts for Energy Storage jobs in Sydney, Australia
About the role
January 8, 2026
Full Time
Company
January 9, 2026
On-site
- Sydney, Australia
5+ years
UTC+11:00
Apply now
Job expired?Please let TransGrid know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
Discover how you’re connected
View connectionsSee your contacts at TransGrid on LinkedIn to leverage your network in applying for this position.
