#25-72242

Houston, Texas, USA

Job Category

Accounting/Finance

Full-Time/Part-Time

Full-time

Job Description Primary Purpose

Responsible for the settlement of, physical and financial, natural gas commodity transactions. Responsibilities consist of validating & confirming energy transactions within the trade capture system, along with preparing related Accounts Payable/Accounts Receivable billing statements. Performs management & regulatory reporting, develops standard operating procedures for related tasks, and provides support for credit and/or market risk analysis roles.

Duties And Responsibilities

- Performs commodity settlement process, including validation of settled transactions, counterparty checkout, preparing payable & receivable invoices, and facilitating payment requests. This includes communication with counterparties to confirm trade details and resolve discrepancies with Front Office, Mid-Office, and Business Apps.

- Reconciles monthly energy transactions through validation & confirmation of volumes, trade pricing and supporting calculations.

- Supports monthly close process with appropriate reporting, analysis, journal entries and general ledger account reconciliations.

- Supports monthly/quarterly/annual regulatory reporting requirements to ensure compliance with various governing agencies (i.e., DOE, EIA, EPA, & FERC). This includes support of the SOX compliance and audit requirements.

- Supports the credit and market risk functions, completes ad hoc reporting requests and may be responsible for the completion of moderately complex assignments/projects in support of the commodity settlement process (ex. Gathers and summarizes settlement data by pipeline for the past two years, including bilateral and pipeline settlements) and/or commodity risk management processes.

- Performs other duties as assigned (no more than 5% of duties).

Requirements

Required Qualifications

- Bachelor’s degree in finance, Business Administration, Accounting, or equivalent training and/or experience. - 3+ years’ experience in professional commodity settlement or equivalent training and/or experience. - 1+ of prior professional level energy commodity settlement experience.

- Strong spreadsheet/database skills required.

- Strong attention to detail

- Strong analytical, verbal, and written communications skills

- Strong organizational and project management skills

- Ability to work independently with little guidance from management.

- Must be able to work in team environment and effectively interact with others both internal & external customers.

- Able to work with large amounts of data, with technical skills to summarize, confirm, and reconcile its accuracy.

- Ability to convey technical information in a clear and concise manner.

- A willingness to put forth additional effort and work extra hours when critical projects arise or as necessary.

- Ability to multi-tasks and be flexible and able to switch quickly from one project to another when dictate by business need.

- Proficient with the use of OpenLink Endur Energy Trade and Risk Management (ETRM) software.

Preferred Qualifications

- Knowledge of power settlement a plus.

- Knowledge of power, natural gas and/or LNG settlement highly desirable.