Director of Accounting
EDF Trading - Houston, Texas, United States, 77246
Work at EDF Trading
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Overview
Director of Accounting
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EDF Trading . EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energy. Job Description
The Director of Accounting ensures effective internal controls over financial activities, including accounting, purchasing, audit, accounts payable and collections. Develops and evaluates financial plans and policies. Establishes and maintains accounting, financial and reporting policies and controls, with primary responsibility for management of the organization’s accounting function. The Head of Accounting is accountable to the CFO, EDFTNA, for establishing and maintaining sound accounting policies necessary to keep the organization in a strong financial position. The Director of Accounting is also responsible for regulatory reporting, control of corporate financial activities, and acts as a financial advisor to the CFO on financial accounting and reporting matters. Responsibilities
Support the business by providing advice on accounting issues and the financial implications of business trends to management and provide guidance. Develop talent to deliver performance and results – including the identification, development, and retention of talent with requisite corporate finance and Head of Accounting capabilities, as well as overseeing performance management and staff development activities. Supervise and drive operational planning of the corporate control team, including core business processes and technology. Oversee funding, budgeting, and execution of finance/accounting initiatives and projects across the businesses and legal entities. Hold self and others accountable for meeting commitments by setting and clearly communicating expectations and roles and responsibilities relative to corporate controls. Technical and Risk Responsibilities
Oversee General Accounting, Accounting Policy, External Reporting, and Financial Statement Reporting. Communicate effectively with senior leadership and Finance and Audit Committee members regarding financial reporting and control matters. Direct preparation of consolidated financial statements and regulatory financial statements. Develop, maintain, test, and monitor an internal control environment to effectively manage material risks and ensure adherence to IFRS accounting standards. Establish accounting policy on all financial accounting and reporting matters to ensure compliance with all regulatory agencies. Review new guidance, rules, and regulations set by regulators and other industry bodies to determine impact and advise on implementation. Maintain all accounting records (general, property, cost, etc.) and assist with corporate financial systems development and enhancement. Oversee research of technical accounting issues and develop policies and procedures for new accounting standards. Engage with external auditors on emerging trends in accounting rules and judgmental accounting/reporting topics. Serve as the primary relationship manager of the external auditors. Assess and mitigate risk while balancing the operational and system requirements of the business. Apply subject-matter-expert functional knowledge to lead subordinate teams in producing work deliverables supporting company-wide initiatives. Lead broad functional and company-wide projects and serve as an executive sponsor for projects. Oversee the development of functional policies, procedures, and guidelines related to finance and corporate accounting; identify opportunities and facilitate transformative improvements as relevant. Requirements & Qualifications
Bachelor’s Degree in Finance or Accounting required; CPA required. Advanced degree preferred, such as MBA. A minimum of 10 years of experience in a technical discipline (e.g., Finance/Head of Accounting) with a proven track record leading comparable operations and programs. A minimum of 10 years of people leadership experience in building, managing, and developing high-performing teams. A minimum of 8 years of relevant experience in wholesale trading or retail energy services, including 5+ years post-Dodd-Frank in a senior finance role. Experience with IFRS and ERP systems – Workday preferred. International financial reporting and regulatory compliance experience preferred. Proficiency in Microsoft Office applications, with expert level in Excel. Additional Details
Seniority level: Director Employment type: Full-time Job function: Accounting/Auditing Industries: Electric Power Generation, Natural Gas Distribution, Electric Power Transmission, Control, and Distribution
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