AltaGas - Senior Analyst, Derivatives

WGL Holdings, Inc.; Calgary; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading energy infrastructure company is seeking a Senior Analyst, Derivatives to tackle complex technical research and ensure compliance in financial reporting. The role involves reviewing contracts, preparing reports, and maintaining internal controls. Ideal candidates will have extensive experience in derivatives accounting and risk management.

Benefits

Competitive Rewards Package

Bonuses

Benefits

PTO

Qualifications

• Minimum 5 years in a comparable role within a public company.
• Strong understanding of internal accounting controls and SOX guidelines.

Responsibilities

• Review commodity and other complex contracts for accounting treatment.
• Prepare monthly management reports and reconcile financial statements.
• Settle financial trades and assist with audits.

Skills

Derivatives Accounting

Risk Management

Job description

Job Title: Senior Analyst, Derivatives

Are you ready to dive into the dynamic world of derivatives? As our Senior Analyst, Derivatives, you’ll be at the forefront of financial innovation, tackling complex technical research, ensuring top-notch compliance, and delivering insightful reporting and analysis.

Responsibilities:

1. Review commodity and other complex contracts to determine proper accounting treatment, notably under FASB ASC Topic 815 (Derivatives and Hedging).
2. Prepare the monthly mark-to-market entries, including validating the calculation of routine and complex derivatives.
3. Prepare monthly management reports, schedules, and explanations, including variance analysis of derivatives balances.
4. Reconcile and confirm monthly statements with financial trade counterparties.
5. Settle financial trades, including OTC and exchange transactions, ensuring timely and accurate margin transactions.
6. Assist with quarterly and annual external audits; provide reports as requested.
7. Maintain effective internal controls and ensure compliance with ICFR and risk management policies.
8. Build strong relationships with commercial and risk teams to ensure timely review of contracts.

Qualifications:

• Minimum 5 years in a comparable role within a public company.
• Strong understanding of internal accounting controls and SOX guidelines.
• Proficiency in derivatives accounting is highly desirable.
• Experience overseeing risk management is a significant advantage.

Additional Information:

For Canadian hires: AltaGas hires personnel based on qualifications. All qualified applicants will receive consideration without regard to protected characteristics.

For U.S. hires: WGL / SEMCO / AltaGas offers a competitive rewards package, including pay, bonuses, benefits, and PTO. Benefits vary by role.

AltaGas and its affiliates are committed to equal employment opportunity and diversity, providing reasonable accommodations as needed.

About Us

AltaGas is a leading energy infrastructure company in North America, connecting customers with energy solutions across the value chain, from upstream to end-users.