Sr. Derivatives Accountant

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 Senior Derivatives Accountant is a key member of the Finance and Accounting team, responsible for interpreting and applying U.S. GAAP and IFRS to complex and technical accounting issues. This role supports business transactions, ensures compliance with accounting standards, and works closely with internal teams, including trading, risk, legal, and tax.

Key Responsibilities:

• Lead the assessment and documentation of complex transactions including revenue recognition, derivatives, leases, and consolidations.
• Partner with front-office, risk, legal, and tax to evaluate the accounting impact of trading and structured transactions.
• Monitor and interpret new accounting standards (e.g., ASC 815, ASC 606, ASC 842), ensuring company-wide compliance.
• Prepare technical accounting position papers and memos for internal and external audit support.
• Assist in the development and maintenance of accounting policies and procedures.
• Support monthly, quarterly, and year-end close processes related to complex transactions.
• Participate in internal and external audits by providing technical accounting analysis and documentation.
• Collaborate with cross-functional teams on systems, reporting, and controls related to financial instruments and structured deals.
• Document and maintain Sub Ledger derivative product matrix mapping by instrument type to flow to the GL in compliance with the applicable IFRS
• Monitor and validate derivatives monthly journal entries interfaced from Endur to the GL, ensure the derivatives are properly accounted for, identify any adjusting entries needed
• Perform relevant balance sheet bridge reconciliation/analysis and variances explanation on derivatives

Qualifications:

• Bachelor’s degree in Accounting or Finance; CPA strongly preferred.
• 5+ years of progressive accounting experience, with at least 2 years focused on technical accounting.
• Strong understanding of U.S. GAAP, specifically related to derivatives, consolidation, and revenue recognition.
• Prior experience in the energy trading, commodities, or financial services industries is highly desirable.
• Big Four or national public accounting firm experience preferred.
• Excellent analytical, communication, and writing skills.
• Strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.
• Advanced Excel skills; experience with ERP systems (SAP, Workday, or similar) and trading platforms is a plus.

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.