Settlements Analyst

EDF Trading 18 Reviews – Houston, TX
Apply on Career Site Posted 320 days ago on Ceridian

Job Description



Job title: Gas Settlements Analyst
Reports to: Director of Accounting
Company Information
EDF Trading is a leader in the international wholesale energy markets. It manages a portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimization services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realize the value inherent in their asset portfolios.
EDF Trading is active in the electricity, natural gas, LNG, upstream gas, coal and freight, oil logistics and environmental products markets. It is one of the largest wholesale market traders in Europe for power and gas, one of the main providers of energy management services for power generation companies in the US and the fifth largest marketer of gas in North America. It is one of the largest importers of coal into Europe and is a leading US energy retailer for large commercial and industrial customers.
EDF Trading is a 100% owned subsidiary of EDF, Europe’s leading electricity producer.
EDF Trading has around 1000 employees with offices in the UK, Europe, Singapore, China, the United States and Canada.
Department
Financial Operations
Main Responsibilities
  • Manage the preparation, distribution, confirmation, reconciliation and settlement of the physical and financial transactions by which natural gas is bought, sold and hedged.
  • Perform detailed oriented accounting tasks related to asset management and first purchaser agreements.
  • Responsible for ensuring the timely collection of cash, cash application, late pay reporting, and wire transfer of funds to creditors.
  • Maintain open account balances at a minimal level.
  • Assist with monthly and year end close processes and perform related account reconciliations and journal entries.
  • Perform monthly pipeline volume actualization and reconciliation.
  • Review contracts and tariffs to verify transport and storage costs billed.
  • Perform detailed oriented accounting tasks related to asset management deals.
  • Perform detailed oriented accounting tasks related to first purchaser agreements.
  • Assist with monthly and year end close processes and perform volume related account reconciliations.
  • Track and value pipeline imbalances.
  • Verify and settle cash out and imbalance trading activities.
  • Confirm all Storage, Park and Loan, and Firm Transport transactions.
  • Provide data collection and reporting assistance during internal and external audits.
Experience Requirements
Technical Requirements:
  • Qualified candidates will have a degree in accounting, finance, economics, business or an equivalent combination of experience, education and training.
  • Solid understanding of physical gas flow and pipeline volume analysis with 2+ years of experience is required.
  • Strong communication, analytical and interpersonal skills are critical.
  • Solid foundation with the MS Office Suite, specifically Excel.
Leadership Requirements:
  • Highly Confident, articulate individual who is a team player and work well with other desk.
  • Ability to prioritize task and be able to respond to changes in priorities
  • Ability to explain complex ideas in a cohesive, crystal-clear manner
  • Highly motivated, self-sufficient and enthusiastic individual who has strong desire to grow within Company.
  • Good understanding of business processes and data management
  • Highly knowledgeable about EDFT and the Company business overview
Note: The job description has been designed to indicate the general nature and level of work performed by employees in this position. It is not to be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
How to apply: Please send your Cover Letter and Resume to Recruiting_NA@edftrading.com
Apply on Career Site

EDF Trading Reviews

3.5
18 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
EDF Trading Chief Executive John Rittenhouse
John Rittenhouse
7 Ratings
    1. Trading Intern

      • Comp & Benefits
      • Work/Life Balance
      • Senior Management
      • Culture & Values
      • Career Opportunities
      Former Intern - Intern in Houston, TX
      Former Intern - Intern in Houston, TX

      I worked at EDF Trading as an intern (Less than a year)

      Recommends
      Neutral Outlook
      Recommends
      Neutral Outlook

      Pros

      Enjoyable work environment, relaxed day to day culture
      Structured intern program but also allow you to explore other groups
      Reasonable hours
      Competitive pay for an internship

      Cons

      Tasks between different interns vary from interesting to mind-numbing. Very dependent on your manager
      Some employees are decidedly unqualified

      Advice to Management

      Many employees spend their time working on meaningless or wasteful tasks.
      Enforce better record keeping for essential tasks. With employees often moving or leaving entirely, regular tasks fall apart because the person who originally designed them left.

    2. Good experience, some concerns

      • Comp & Benefits
      • Work/Life Balance
      • Senior Management
      • Culture & Values
      • Career Opportunities
      Former Intern - Intern - Hourly in Houston, TX
      Former Intern - Intern - Hourly in Houston, TX

      I worked at EDF Trading as an intern (Less than a year)

      Sign In or Sign Up in seconds to unlock everything on Glassdoor.

      Pros

      Morbi a metus. Phasellus enim erat, vestibulum vel, aliquam a, posuere eu, velit. Nullam sapien sem, ornare ac, nonummy non, lobortis a, enim. Nunc tincidunt ante vitae massa. Duis ante orci, molestie vitae.

      Cons

      Morbi a metus. Phasellus enim erat, vestibulum vel, aliquam a, posuere eu, velit. Nullam sapien sem, ornare ac, nonummy non, lobortis a, enim. Nunc tincidunt ante vitae massa. Duis ante orci, molestie vitae.

      Advice to Management

      Duis sapien nunc, commodo et, interdum suscipit, sollicitudin et, dolor. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas.

    3. Great work atmosphere, limited upward mobility

      • Comp & Benefits
      • Work/Life Balance
      • Senior Management
      • Culture & Values
      • Career Opportunities
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at EDF Trading full-time (More than a year)

      Sign In or Sign Up in seconds to unlock everything on Glassdoor.

      Pros

      Proin mattis lacinia justo. Vestibulum facilisis auctor urna. Aliquam in lorem sit amet leo accumsan lacinia. Integer rutrum, orci vestibulum ullamcorper ultricies, lacus quam ultricies odio, vitae.

      Cons

      Proin mattis lacinia justo. Vestibulum facilisis auctor urna. Aliquam in lorem sit amet leo accumsan lacinia. Integer rutrum, orci vestibulum ullamcorper ultricies, lacus quam ultricies odio, vitae.

      Advice to Management

      Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Morbi gravida libero nec velit. Morbi scelerisque luctus velit. Etiam dui sem, fermentum vitae, sagittis id, malesuada in, quam.

    4. See more reviews on company profile (18)