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Financial Analyst

EDFT
4 days ago
Full-time
On-site
Houston, Texas, United States
Finance & Accounting

EDF 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:

The Financial Control team is involved in various aspects of financial processes, controls, reports and analyses. The team works with other control functions (including Product Control, Treasury, Tax, Credit, Confirmations and Settlements) on the design, development, implementation, operation and monitoring of controls and reporting to continuously improve business and process controls, and information and analysis to inform management decision making.

The analyst will play a crucial role in ensuring the accuracy and efficiency of our financial operations. The primary responsibilities will include assisting with the month-end close process, where you will be responsible for preparing journal entries, reconciling accounts, and ensuring all financial data is accurately recorded. Additionally, you will provide support to the Accounts Payable (AP) team by managing overheads, prepays, and fixed assets. Your analytical skills and attention to detail will be essential in maintaining the integrity of our financial records and supporting the overall financial health of the organization.

The majority of non-trading purchases (by volume and value) for EDF Trading NA relate to IT equipment and services and data subscriptions. Other high value categories include, telecoms, consulting/legal fees and office services. A substantial part of non-trading purchases are also submitted via employee expenses – this role will also need to address this issue designing, implementing and maintaining a detailed policy for expenses submissions and reimbursements. This policy will have to be implemented in the frame of EDF Trading Group expenses policy and then will require a strong cooperation with the Head office in London.

Responsibilities
· Ensure compliance policies and procedures and audit controls within areas of responsibility, overhead, T&E and capital expenditure
· Assist the Financial Control team with any process/system improvement projects with the long term aim of improving efficiency whilst not increasing operational and financial risks
· Assist with monthly close process including booking journal entries, reconciling accounts, consolidation and other various tasks
· Act as liaison to auditors for both IFRS audits yearly and mid-year - mainly providing supporting documentation to journal entry selections
· Review and ensure accounting records are maintained in a consistent way and comply with the Group Accounting policies and International Financial Reporting Standards
· Provide timely and accurate financial information and summary reports to improve forecast accuracy and reliability
· Prepare and analyze intercompany monthly recharges and account reconciliations
· Prepare reports and analysis on financial indicators, business performance and other metrics, for management
· Recommend improvements to processes based on analysis and interpretation of financial data



· Coordinate with teams participating in the production of the financial reporting to ensure adequate documentation, accuracy and completeness of accounts reconciliations
· Participate in special projects and ad-hoc reporting requests


Requirements

· Undergraduate degree in Accounting or Finance; Master’s degree preferred

· 3 years’ experience in public accounting and/or the Energy industry performing financial analysis, financial accounting, month-end close, and accounts reconciliations

· IFRS experience preferred

· Advanced Excel skills, particularly to provide “drill down” reporting capability (vlookup, index, pivot).

· Experience with data mining and working with large data sets

· Experience with financial reporting to a foreign Parent Company

· Ability to multi-task and deal with time-sensitive projects with competing deadlines and stakeholders

· Attention to detail and accuracy

· Excellent written and verbal communication skills.

· Experience with financial systems, such as SAP, Workday, etc.

· CPA or CPA candidate preferred.

· Knowledge of retail and wholesale energy activities

· MS Teams experience preferred

Note: EDF is an EEO employer


We 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.