EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers.
We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent.
EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.
Job Description:
The Director of Accounting ensures effective internal controls over financial activities, including accounting, purchasing, audit, accounts payable and collections. Develops and evaluates financial plans and policies. Establishes and maintains accounting, financial and reporting policies and controls reporting and has primary responsibility for management of the organization’s accounting function. The Head of Accounting is accountable to the CFO, EDFTNA for establishing and maintaining sound accounting policy necessary to keep the organization in a strong financial position. The Director of Accounting is also responsible for regulatory reporting, control of corporate financial activities, and acts as a financial advisor to the CFO on financial accounting and reporting matters.
Responsibilities
Managerial Responsibilities
•Support the business by providing advice on accounting issues and the financial implications of business trends to business management and gives guidance.
•Develop talent to deliver performance and results – including the identification, development and retention of talent with requisite corporate finance and Head of Accounting capabilities as well as providing leadership and overseeing performance management and staff development activities.
•Supervise and drive operational planning of the corporate control team – including core business processes and technologies.
•Oversee funding, budgeting and execution of finance/accounting initiatives and projects across the businesses and legal entities.
•Hold self and others accountable for meeting commitments by setting and clearly communicating expectations and roles and responsibilities relative to corporate control.
Technical and Risk Responsibilities
•Oversee General Accounting, Accounting Policy, External Reporting, and Financial Statement Reporting.
•Communicate effectively with senior leadership and Finance and Audit Committee members regarding financial reporting and control matters.
•Direct preparation of consolidated financial statements and regulatory financial statements.
•Develop, maintain, test, and monitor an internal control environment to effectively manage material risks and ensure adherence to IFRS accounting standards.
•Establish accounting policy on all financial accounting and reporting matters to ensure compliance with all regulatory agencies.
•Review new guidance, rules and regulation set by regulators and other industry bodies to determine impact and advises on implementation.
•Maintain all accounting records (general, property, cost, etc.) and assist with corporate financial systems development and enhancements.
•Oversee research of technical accounting issues and develops policies and procedures for new accounting standards.
•Engage with external auditors on emerging trends in accounting rules and judgmental accounting/reporting topics. Serve as the primary relationship manager of the external auditors.
•Assess and mitigate risk while balancing the operational and system requirements of the business.
•Apply subject-matter-expert functional knowledge to lead subordinate teams in producing work deliverables in support of company-wide initiatives.
•Lead broad functional and company-wide projects and serve as an executive sponsor for projects.
•Oversee the development of functional policies, procedures and guidelines as they relate to the finance and corporate Head of Accounting function; identify opportunities and facilitate transformative improvements as relevant.
Requirements & Qualifications
•Bachelor’s Degree in Finance or Accounting required; CPA Required
•Advanced degree preferred, such as MBA
•A minimum of 10 years of experience in technical discipline (e.g. Finance/Head of Accounting) with a proven track record leading comparable operations and programs required
•A minimum of 10 years of people leadership experience in building, managing, and/or developing high performing teams is required.
•A minimum of 8 years of relevant experience in wholesale trading or retail energy services, including 5+ years post Dodd Frank in a senior staff role within a finance function preferred
•Strong understanding of IFRS
•Experience with ERP systems – Workday Preferred
•International financial reporting and regulatory compliance experience
•Proficiency in use of Microsoft Office software applications, with expert level proficiency in Excel.