Credit & Cash Management Analyst

Tenaska,-Inc.; Irving (TX); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

Tuition assistance

Paid time off

Job summary

Tenaska seeks a Credit and Cash Management Analyst to monitor daily trading activity, ensure adherence to credit policies, and analyze counterparties’ financial statements to recommend credit limits. Responsibilities include handling margin requests, managing collateral reports, and supporting contracts.

A Bachelor’s degree plus 2–5 years’ experience is required; strong Excel, communication, and problem-solving skills are essential. Office-based in Irving, TX.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business or related field with 2-5 years relevant work experience
• Proven problem solving, analytical skills to identify trends and impacts
• Basic knowledge of Microsoft Office (Word, Excel, PowerPoint, Access)
• Ability to prioritize projects and tasks
• Strong customer service, time management, and written/verbal communication skills
• Authorized to work in the U.S. and sponsorship not available now
• Preferred: experience in financial statement analysis
• Preferred: advanced Excel
• Preferred: understanding of wholesale/retail electricity industry
• Preferred: VBA and/or C# programming experience

Responsibilities

• Make and respond to daily margin/collateral requests
• Evaluate counterparties’ financial condition to determine creditworthiness and recommend limits
• Monitor trading activity relative to credit limits and terms
• Process payments and manage reporting on collateral accounts
• Assist in contract negotiation and documentation
• Administer delivery and receipt of credit support documents (letters of credit, guarantees)
• Update trading/credit systems for data accuracy
• Run, review, and distribute credit risk reports
• Various other projects as assigned

Skills

Problem solving

Analytical thinking

Time management

Customer service

2-5 years experience

Education

Bachelor's degree in Accounting, Finance, Economics, or Business

Tools

Excel

VBA

C#

Job description

Tenaska is one of the largest privately held companies in the United States, an organization that’s adept in natural gas and power marketing, power management, development and acquisition of generation assets, operation of power plants and more.

Job Summary:

The Credit and Cash Management Analyst monitors the daily trading activities to ensure adherence to credit and cash management policies and procedures. They will also analyze counterparty financial statements and prepare formal credit reviews of counterparties to recommend credit limits to management.

Essential Job Functions:

• Make and respond to daily margin/collateral requests
• Evaluate counterparties’ financial condition to determine creditworthiness and recommend credit limits
• Monitor trading activity in relation to credit limits and contractual terms
• Process payments and manage reporting on controlled accounts utilized for collateral
• Assist in contract negotiation and documentation
• Administer delivery and receipt of credit support documents (letters of credit, guarantees, etc.)
• Update trading and credit systems to ensure accuracy of data and reports
• Run, review, and distribute credit risk reports
• Various other projects as assigned

Education/Experience/Skills

Basic Requirements:

• Bachelor’s degree in Accounting, Finance, Economics, Business or another related field and 2-5 years relevant work experience; however, additional work experience may be accepted in lieu of a degree
• Problem solving skills, ability to use logic and analysis to identify the strengths and weaknesses of different approaches, distinguish trends and impacts, and identify causes and effects
• Basic knowledge of Microsoft Office applications (Word, Excel, Power Point, Access, etc.)
• Ability to prioritize assigned projects and tasks
• Must have strong customer service, time management, and written/verbal communication skills
• Applicants must be authorized to work for any employer in the U.S. The Company is not able to take over sponsorship of an employment visa at this time for this position or commit to doing so in the future for individuals with current authorization to work via, for example, CPT or OPT, and would need sponsorship in the future.

Preferred Requirements:

• Prior experience in financial statement analysis
• Advanced knowledge of Microsoft Excel
• Understanding of the wholesale and/or retail electricity industry
• Programming experience, particularly with VBA and/or C#

At Tenaska we care about the wellbeing of our employees and their families. That’s why we offer our employees a comprehensive benefit package. Benefits included below:

• Health, dental, vison, disability, and life insurance
• Incentive-based, competitive salary packages
• Health/dependent care flex accounts
• Tuition assistance
• Long-term disability coverage
• Employee assistance program
• Paid vacations and holidays
• Charitable giving program
• Paid maternity/paternity leave
• Wellness programs

Tenaska is an equal opportunity employer.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.