Job Summary:
Responsible for the day-to-day Renewables accounting, settlements, and analytics for all Renewable Energy Credit (REC) transactions as related to Market Operations. This includes month-end and quarter-end accounting close and reporting tasks related to REC activity, as well as monthly tie outs with counterparties.
Essential Duties/Responsibilities:
Responsible for renewable accounting, reporting and analysis of REC activity on a monthly, quarterly, yearly basis
Handle the settlement and tie-out process for REC activity for a given month
Work closely with front office desks to understand strategies around REC optimization
Create and monitor monthly compliance accruals related to various RPS obligations
Perform monthly balance sheet reconciliations
Help to create and enhance analytic measurements to improve knowledge and tracking of retail margin and business performance
Work with internal and external auditors and provide support as requested
Evaluate and implement process and system changes where necessary, which include working with IT and other stakeholder groups
Assist with special projects as requested
Minimum Requirements:
Undergraduate degree with major in finance or accounting
4+ years accounting or data analytic experience
Demonstrated ability to communicate with all levels of internal and external customers.
Ability to work independently in a team-oriented culture in a fast-paced environment
Preferred Qualifications:
MBA or CPA designation is an asset
Good knowledge of controls and balance sheet discipline
Good knowledge of journal entries with respect to income statement and the balance sheet
Knowledge of the gas wholesale and retail energy markets is a plus
Solid analytical and technical skill set
Additional Knowledge, Skills and Abilities:
Proficient with Microsoft Office applications
Experience with SAP or similar ERP system is preferred
Houston, TX
Direct Energy is one of North America's largest retail providers of electricity, natural gas and home and business energy-related services with a history of impressive growth. Acquired by Centrica plc in 2000, Direct Energy has steadily grown to approximately 4,000 employees serving over 4 million customers in North America. We're backed by and are a wholly owned subsidiary of Centrica plc with over 25 million customer accounts mainly in the UK, Ireland and North America through strong brands such as British Gas, Direct Energy and Bord Gáis Energy. Centrica is financially strong and is traded on the London Stock Exchange under the symbol CNA.
The North American Headquarters are located in Houston, Texas, with regional offices across the U.S. and Canada, Direct Energy operates in 50 US states, the District of Columbia and eight Canadian provinces.
Direct Energy is one of the largest residential energy retailers in North America based on customer numbers.
Direct Energy Business is one of the largest commercial and industrial retail energy providers in North America, serving more than 240,000 business customers.
We provide the insights our customers need to make smarter decisions, be more efficient, reduce their energy use, and potentially save money.