The Analyst, Reporting & Position Control position is responsible for supporting the monitoring and reporting of all physical and paper commodity trades using the commercial department’s deal capture, position reporting and risk management systems. The position serves as an expert resource to the position control and risk analysis functions, solving problems, working special projects, training new analysts and backing up analysts during transitions.
Responsibilities May Include:
Producing a daily analysis and explanation for business unit positions, exposure, and P&L in a timely and accurate manner
Preparing a daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls
Providing business explanations for the monthly financial results
Supporting and maintaining the Company’s internal control environment to ensure compliance with all risk policies and trading controls
Providing daily exposure information used to calculate and back test VaR
Performing regression testing of system upgrades and enhancements
Supporting modeling analysis for possible trading scenarios and structured products
Providing ad hoc analysis and decision support information for commercial business units
Serving as back-up in other regions or products to allow for continuous coverage on all desks at all times
Ensuring prices are valid for valuing and marking all open positions to market
Required Qualifications:
Legally authorized to work in the USA
Bachelor’s degree
Intermediate proficiency in Microsoft Excel
Public Accounting (B4) a plus
Preferred Qualifications:
Working knowledge of SAP
Bachelor’s degree in Finance, Accounting or Economics
Ability to work with and be part of several different teams in an open trade floor environment
Ability to juggle tasks in a fast-paced work environment in order to drive consistent process improvement and meet deadlines
Keen attention to detail
Organizational skills
Ability to work with minimal supervision and handle multiple priorities
Passion to excel (setting high standards, delivers results)?
This position is vital for the successful completion of SEC financial reporting and IFRS Annual Report requirements. The work product from this position is relied upon by senior management as well as external investors and analysts in evaluating company performance. Management relays on this position's timely and accurate work product to help the Company innovate and succeed in a competitive industry environment.
General Responsibilities:
This position will be responsible for the following essential job functions:
Assist in the preparation of 10-Q's and 10-K's utilizing the Wdesk platform
Assist in the preparation of IFRS Annual Report
Review and perform a tie out of the quarterly earnings release and associated externally published documents
Prepare the monthly/quarterly accounting entries and reconciliations associated with share-based compensation
Ensure compliance with US GAAP and SEC regulations
Prepare accounting memos covering certain US GAAP and SEC reporting topics
Prepare supporting schedules and communicate with external auditors to ensure successful audit completion
Skills and Experience:
Certain skills, abilities and licenses preferred for the successful performance of this position include:
Active CPA license
Advanced Excel proficiency
Excellent written and verbal communication abilities
Skilled in preparing clear and concise work papers with appropriate supporting documentation
Strong critical thinking and problem-solving abilities
Proven abilities in demonstrating good judgment
Proficient in building effective working relationships
Education & Experience:
Bachelor’s degree in accounting
Minimum of 10 years working for either a company or an accounting firm. If for a company, previous SEC financial reporting experience is required
-Very large and stable co. Top tier oil & gas assets and very strong bal. sheet -Over $2B in revenue -Vacation based on yrs of experience -Co. is continuing to grow which opens more opp. to grow within -WFH Mon & Fri and a 9/80 -Multiple examples of people who have been promoted within
Responsibilities: -Responsible for internal and external reporting and will supervise two staff members -Review financial statements, related schedules, and variance analysis for the monthly financial reporting package; lead monthly and quarterly financial review meetings with management • Review quarterly 10-Q and annual 10-K filings; review all footnotes and schedules, draft relevant disclosures and coordinate comments on drafts of the 10-Q/10-K from multiple parties • Lead meetings to present 10-Q/10-K to the Disclosure Committee • Review financial statement disclosure checklists and tie-out support binders • Review XBRL tagging of financial statements and footnotes for 10-Q/K filings • Review quarterly earnings releases, investor presentations and earnings call scripts
Requirements: Bachelor’s in Accounting • Minimum 4 years of experience • CPA • Broad exposure to financial reporting, SEC filings, and the external audit process • Public accounting and/or oil and gas industry experience • Strong written and verbal communication skills • Excel proficient
