Energy Accountant
3 weeks ago
Company: Spark Energy, LLC
Title: Energy Accountant
Location: Houston, Texas - Corporate Offices - (requires in office work schedule of minimum 3 days per week)
Department: Accounting
Reports to: Gas Accounting Manager
FSLA Status: Exempt
JOB SUMMARY
The Energy Accountant is responsible for completing and reviewing all natural gas flow month models for the monthly close and leading to the actualization of revenue, cost of sales and gross margin for the retail natural gas markets and local distribution companies (LDCs). This position will also prepare balance sheet asset and liability reconciliations related to natural gas transactions.
SUMMARY OF ESSENTIAL JOB FUNCTIONS
• Prepare natural gas flow month models
• Explanation of variances communicated to the Lead Senior Accountant
• Prepare journal entries to record monthly natural gas energy transactions
• Calculate natural gas gross margins for various markets
• Prepare reports detailing and summarizing gross margin results, along with the associate 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 an LDC 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 purchase, imbalances, transportation, and demand/commodity cost of goods sold
• Actualize volumes
• Record and communicate prior period adjustments
• Reconcile third party storage statements to recorded storage 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
• Assist with audit and special project support
MINIMUM REQUIREMENTS
• Bachelor's degree in Accounting or Finance required
• 2-4 years of experience preferred
• Gas accounting experience preferred
• NetSuite accounting software experience a plus
• Proficient use of Microsoft Office programs, including Word, Excel, Outlook, and PowerPoint
• Advanced use of Microsoft Excel skills, including pivot tables, macros, etc. preferred
• Strong analytical, interpersonal, 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
• Must be able to work a minimum of 40 hours per week
ABILITIES REQUIRED
• Ability to meet highest attendance requirements
• Ability to handle multiple tasks concurrently
• Ability to use personal computer, calculator, etc.
• Could involve some lifting up to 20 pounds
• Ability to sit for extended periods of time without much movement
• Ability to work in time-sensitive environment with non-flexible deadlines
• All candidates must have the ability to speak, read and write English
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Via Renewables is an equal opportunity employer.
*Please no staffing or recruiting firm inquiries or applicants**
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