Country USA City HOUSTON Workplace location HOUSTON-LOUISIANA STREET(USA) Domain Finance Type of contract Regular position Experience Less than 3 years Candidate Profile

You are someone who possesses the following experience and credentials:

Undergraduate degree in Accounting, Finance, Mathematics, Energy or business-related major2-3 years’ experience in the Gas and Power markets with a high data analysis componentUnderstanding of the North America power industryKnowledge of energy commodity markets is highly desirableAbility to work under pressure, attention to detail, innovation and change management Effective communication skills and customer service mentalityStrong attention to detail and a high degree of accuracy are essential skills in an environment where an error can have both financial and reputational ramificationsStrong drive to improve processes and systems is necessary alongside good IT skills (Excel/VBA/Python/Power BI/Alteryx). You may be expected to develop new tools to secure and optimize the process and build new reports adapted to the business evolutions. Activities

Your missions as a Back Office Analyst will include the following:

Monitoring and reconciliation of daily clearing activitiesVerification of monthly exchange/clearinghouse, clearing banks, and broker invoicesIssuance and reconciliation of spot exchange invoicesClose collaboration and coordination with other internal support functions with regards to clearing relevant topics and company-wide finance reportingSupport the implementation of new products including appropriate process documentation according to audit and compliance standards.Active monitoring of market changes and regulatory initiatives as well as their impact on the clearing areaDaily confirmation and settlement activities including Trade Checks between the confirmation or recap and the trading systems, as well as matching of confirmations from counterparties against internal systems.Implementation of new markets and products including appropriate process documentation according to audit and compliance standardsWork closely with internal and IT teams to enable the automation of confirmations as much as possibleManage a portfolio of trading counterpartsCheck traders supply accurate deal-sheets/electronic download reports for all trades validated within our in-house trading system, (the BOOK)Ensure that accurate trading information is represented within the trading BOOK by confirming deals with counterparts and brokers on a daily basisMonitor and verify exchange-traded positions and limitsReconcile the Company’s open trade equity to daily statements from our clearing housesMonitor and report financial OTC trades to the Dodd-Frank reporting regulators within 24 hours of their executionSend invoices to counterparts without exceeding deadlines set within the industry as well as contractuallyReconcile counterpart/pipeline invoices against the system in liaison with the Operations and Middle Office departments to resolve discrepanciesAgree with counterparts on settlements, provide timely payment instructions and cash forecast information to the Treasury team, and assist the accounting team with aged debt reporting and resolution and analyzing accruals;Monitor and apply payment terms and netting rules within the Simba and Contract Management systemsResponsible for pulling/analyzing settlement statements within the Simba SMS systemCheck and distribute all incoming/outgoing confirmations produced by the BOOK Confirmation Module or directly from third parties and record these against the BOOK using the Confirmation Module and chase all outstanding confirmations on a daily basisAnalyze confirmations and settlements of daily executed trades by checking pricing and volume adjustmentsOngoing onboarding of new CounterpartsAssist internally and externally with any Back Office related questionsParticipate in team and individual projects delegated by the Back Office Manager or SupervisorSupport team members and be available to help and mentor junior team membersRun management reports and ad-hoc analysisSupport, identify, and assist in implement of process & systems improvement, from system testing and implementations to desk level processIdentify and communicate operational risk, define risk mitigating measures and priorities

DIMENSIONS

Financial

The Back-office processes 250,000 confirmations and 35,000 invoices and payments every yearThe counterparties of the Trading Division includes upstream and downstream affiliates and all the main Energy companies in Europe, US, Middle East and Asia

 Non-Financial

Work in the Back-Office operations in Houston, which as part of the Trading Support teams that includes TEGPNA and TGPL activities. Work across product types including natural gas, ethane, shale gas, liquefied natural gas, liquefied petroleum gas, power and emissionsProvide Support and testing on system developments, Regular internal & external audits, and regulatory obligations Context & Environment

Fast paced trading environment requiring the jobholder to be able to work both autonomously and as part of a team. Position requires strong communication within the team, with other departments and externally. Both industry and contractual deadlines need to be respected to meet all of the company’s obligations.

Reconciliation of discrepancies and resolution of counterpart issues requires the jobholder to be able to seek out information necessary for problem solving. Reporting and monitoring obligations per the Dodd-Frank Act, Sarbanes-Oxley Act and to comply with other rules & regulations require diligence and attention to detail.

PURPOSES

Accurate and timely processing of confirmations and invoicing/payments of all transactions and according to their legal agreementsEnsuring all entries within the trading book are correct and verified against ICE/CME/NGX.Daily checks on open positions and deal transactions -brokers, exchanges & clearersAbility to spot errors in the process of trade verificationEffective communications with numerous internal and external parties