Houston, Texas
Senior Energy Accountant Job Opening in Houston, Texas - JOB SUMMARY
The Energy Accountant is responsible for completing and reviewing flow month models for the monthly close and leading to the actualization of revenue, cost of sales, and gross margin for the retail markets. You will also prepare and review all balance sheet asset and liability reconciliations related to retail gross margin transactions as well as assist with completing regulatory filings pertaining to the retail markets. We are an established, well respected and growing independent retail energy services company that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity. We are based in Houston, offer excellent compensation plans, bonuses and benefits.
SUMMARY OF ESSENTIAL JOB FUNCTIONS
Prepare retail flow month models Explanation of variances communicated to the Director of Operational Accounting
Prepare journal entries to record monthly retail transactions
Calculate gross margins for various markets
Prepare reports detailing and summarizing gross margin results, along with the associated analysis as necessary to validate the results
Compare estimates and plan projections to recorded revenue, cost of goods sold, and gross margins, and analyze differences
Analyze monthly gross margins to financial reporting, which includes volumetric balancing and preparation of P&L at a market and/or utility level
Prepare monthly closing reports, and assist with the preparation of financial summaries and various project implementations
Process and record accounts payable for physical commodity purchases, transportation, and demand/commodity cost of goods sold including tie-out to iso data
Actualize volumes Record and communicate prior period adjustments
Reconcile utility statements to recorded volumes in the general ledger
Maintain controls and documentation evidencing performance of established controls
Provide information and training to other employees within the department
Communicate effectively with senior management, and work closely with other departments including cross training
Recommend and drive continuous improvement through analysis and experience
Support compliance of all corporate policy and general procedure guidelines
Minimize operational risk, and assist with ongoing development and implementation of Accounting policies and procedures for all accounting related processes and the documentation of procedures and controls
Assist with audit and special project support
Complete regulatory filings in compliance with state and federal requirements
Additional duties as assigned
MINIMUM REQUIREMENTS
Bachelor?s degree in Accounting required; CPA or CPA eligible preferred 5-10 years of accounting experience required; retail energy experience strongly preferred
Solomon accounting software experience a plus
Proficient use of Microsoft Office programs, including Excel, PowerPoint, Word and Outlook Advanced Microsoft Excel skills required, including pivot tables, macros, etc.
Strong analytical skills, interpersonal skills, organization and documentation skills
Ability to prepare journal entries, perform balance sheet account reconciliations, apply account coding, and understand accounting period vs. flow month concepts
Ability to work a minimum of 40 hours per week
Job Type: Full-time
Required education:
Bachelor's
Required experience:
accounting: 5 years
Oil and Gas: 5 years
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