Power Settlements Analyst

EDF Trading Limited; Houston (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

EDF Trading North America, LLC is seeking a Power Settlements Analyst in Houston to handle invoice creation, reconciliation, and settlement of physical, financial, and broker transactions across power markets. Responsibilities include cash collection, timely payments, journal entries, and close processes, while collaborating with Trading, Origination, Scheduling and Finance.

The role requires a bachelor’s degree and 2–3 years in energy trading, strong Excel skills, and experience with Openlink

Qualifications

• Bachelor’s degree in accounting, finance, economics, or business or equivalent experience.
• 2–3 years of experience in the Energy Commodity Marketing and Trading Industry.
• Strong Excel and MS Office proficiency; basic accounting principles.
• Experience with Openlink Endur or similar ETRM is preferred.

Responsibilities

• Invoice creation, distribution, reconciliation, checkout and settlement of physical, financial, and broker transactions.
• Perform detailed accounting tasks related to asset management and customer purchase/sale agreements.
• Ensure timely collection of cash and payments to customers; maintain open aged balances.
• Assist with monthly and year-end closes, journal entries, and account reconciliations.
• Support audits and collaborate with Trading, Origination, Scheduling, Treasury, Credit, and Finance teams.

Skills

Analytical skills

Communication skills

Attention to detail

Team player

Education

Bachelor's degree

Tools

Excel

Openlink Endur

Job description

Power Settlements Analyst# Career Opportunities## Power Settlements AnalystApply: Houston, Texas: Full time: Posted 5 Days Ago: JR1001533EDF 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:**Responsibilities*** Invoice creation, distribution, reconciliation, checkout and settlement of physical, financial, and broker transactions.* Perform detailed oriented accounting tasks related to asset management and complex customer purchase and sale agreements.* Responsible for ensuring the timely collection of cash and timely payments to customers.* Maintain and reconcile open aged account balances.* Assist with monthly and year-end close processes and perform related journal entries, account reconciliations, and substantiations.* Ensure compliance with all regulatory authorities and internal control procedures.* Provide data collection and reporting assistance during internal and external audits.* Interact professionally and confidently with all commercial and support teams including Trading, Origination, Scheduling, Treasury, Credit, Product Control, and Financial Control.* Participate in defining and implementing new procedures and system enhancements to streamline Back Office processes. **Requirements & Qualifications*** A minimum of a Bachelor’s degree in accounting, finance, economics, or business (preferred), or an equivalent combination of experience, education, and training.* A minimum of 2-3 years of experience in the Energy Commodity Marketing and Trading Industry.* A solid foundation with the MS Office Suite, specifically Excel.* Fundamental understanding of accounting principles.* Previous experience with Openlink – Endur ETRM system preferred.* Excellent written and oral communication skills; and able to explain complex ideas in a cohesive manner Strong analytical skills and ability to resolve complex issues independently leveraging internal and external resources* Solid organizational, prioritization and time management skills with high attention to detail and ability to work in a fast-paced and dynamic environment* Confident individual with the ability to be a team player* Highly motivated, self-sufficient and enthusiastic individual with a strong desire to grow within the CompanyNote: EDF is an EEO employerWe are an equal opportunity employer and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.EDF participates in the E-Verify Employment Verification Program.EDF is not currently accepting unsolicited resumes from search firms. Regardless of past practice, all resumes submitted by search firms to any employee at EDF via-email, the Internet or directly to hiring managers at EDF in any form without a valid written agreement in place for that specific position will be deemed the sole property of EDF. As a result, no fee will be paid in the event the candidate is hired by EDF.