DTE Energy

Financial Analyst

Posted on: 11 Apr 2021

Detroit, MI

Job Description

Midstream Natural Gas Team

DTE Midstream is an owner, operator and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment and surface facilities. Our customers include gas and electric utilities, power plants, marketers, large industrial customers and energy producers.

As a subsidiary of DTE Energy, our company has grown into an energy industry leader with the people, assets, resources and capabilities to stand on our own. Thats why were becoming an independent, publicly traded company, more agile and poised for growth. And why were looking for exceptional people to help us build our new company.

DTE Midstream is more than a great company, its a great place to work. Beyond the excellent compensation and benefits we offer, being part of our team means caring for each other and the communities we serve. Its a commitment to creating a culture of belonging for one another and working effectively to make a lasting contribution to a better world through good energy.

Job Summary

Performs corporate and strategic business unit, treasury and accounting functions. Duties involve recording transactions, cash management, ledger and bank account reconciliations, wire instructions, analyzing and explaining variances from budget to actual. Often performs in the following areas of treasury and accounting: general accounting, treasury operations, holding company accounting and affiliate billing and budgeting and forecasting.
Key Accountabilities

Prepares special and routine journal entries. Ensures accounts are reconciled. Compiles and balances accounting data. Establishes billing for accounts receivable.
Utilizes continuous improvement and lean systems methodology to drive out costs and improve the quality of work/life balance
Creates a positive working environment by supporting DT Midstream and CFO Organization initiatives.
Analyzes accounting data to identify to identify problems and various solutions/improvements
Analyzes bank account activity
Assists in developing reports to communicate information and address accounting-related problems both internally and externally.
Performs Affiliate Billing processes and procedures in compliance with regulatory requirements This position may require FERC gas training.
Minimum Education & Experience Requirements

Bachelor's degree in Business, Finance or Accounting or the ability to obtain a Bachelor's degree in said concentrations no later than June 2021.
Other Qualifications

Preferred:
Advanced degree in taxation or MBA strongly preferred

Other Requirements:
Demonstrated ability to communicate well with others.
Proficient verbal, nonverbal, written, and presentation skills
Ability to organize work independently and to work in teams
PC proficiency, including experience with MS Office Products

Physical Demands
The physical demands must be met to properly perform the functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. In order to properly perform the integral functions of this job, the employee is required to sit, stand, walk, stoop, kneel, reach, talk, hear, grasp and carry objects.

Working Conditions
While performing the duties of this job, the employee usually works in a business office, with a moderate noise level.
Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

DTE Energy

Detroit, MI

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress.

DTE Energy has more than 10,000 employees in utility and non-utility subsidiaries involved in a wide range of energy-related businesses. The company's growing non-utility businesses are built around the strengths, skills and assets of DTE Energy's electric and gas utilities. DTE Electric generates, transmits and distributes electricity to 2.2 million customers in southeastern Michigan. With an 11,084 megawatt system capacity, the company uses coal, nuclear fuel, natural gas, hydroelectric pumped storage and renewable sources to generate its electrical output. Founded in 1903, DTE Electric is the largest electric utility in Michigan and one of the largest in the nation.

At 1.1 million kilowatts, the company's Fermi 2 nuclear power plant represents 30% of Michigan's total nuclear generation capacity. This single plant is capable of producing enough electricity to serve a city of about one million people. Fermi 2 has been providing reliable, cost-effective power to DTE Electric customers for more than 20 years. The plant also has been designated as one of the nation's best-performing nuclear facilities.

DTE Gas is engaged in the purchase, storage, transmission, distribution and sale of natural gas to approximately 1.2 million customers in Michigan. The company owns and operates 278 storage wells representing approximately 34 percent of the underground working capacity in Michigan. There is more gas storage capacity in Michigan than in any other state. Founded in 1849, DTE Gas is one of the nation's largest natural gas utilities.

Similar Jobs