Back Office Analyst Job at TotalEnergies

TotalEnergies Houston, TX

Finance
HOUSTON-LOUISIANA STREET(USA)
USA

Job Description

Your missions as a Back Office Analyst will include the following:
  • Manage a portfolio of trading counterparts;
  • Verify 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 basis;
  • Monitor and verify exchange-traded positions and limits;
  • Reconcile the Company’s open trade equity to daily statements from our clearing houses;
  • Monitor and report financial OTC trades to the Dodd-Frank reporting regulators within 24 hours of their execution;
  • Send invoices to counterparts without exceeding deadlines set within the industry as well as contractually;
  • Reconcile counterpart/pipeline invoices against the system in liaison with the Operations and Middle Office departments to resolve discrepancies;
  • Agree 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 systems;
  • Responsible for pulling/analyzing settlement statements within the Simba SMS system;
  • Check and distribute all 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 basis ;
  • Analyze confirmations and settlements of daily executed trades by checking pricing and volume adjustments
  • Ongoing onboarding of new Counterparts,
  • Assist internally and externally with any Back Office related questions;
  • Participate in team and individual projects delegated by the Back Office Manager or Supervisor;
  • Support team members and be available to help and mentor junior team members;
  • Run management reports and ad-hoc analysis
  • Support, identify, and assist in the implementation of process and systems improvements, from system testing and implementations to desk level processes
  • Identify and communicate operational risk, define risk mitigating measures and priorities
Your purpose as a Back Office Analyst is to be accountable for the following:
  • Accurate and timely processing of confirmations and invoicing/payments of all transactions and according to their legal agreements; - Ensuring all entries within the trading book are correct.
  • Daily checks on open positions and deal transactions –brokers, exchanges & clearers ;
  • Ability to spot errors in the process of trade Verification;
  • Effective communications with numerous internal and external parties

Context and environment

Context and environment
  • Fast paced trading environment requiring you to be able to work both autonomously and as part of a team. 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 you 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

Candidate profile

You are someone who possesses the following experience and credentials:
  • Undergraduate degree in accounting, finance, mathematics or business-related major;
  • 1-2 years of experience in a similar function;
  • Knowledge of energy commodity markets is highly desirable;
  • High levels of analytical and information technology skills, strong Excel skills;
  • Ability to work under pressure, attention to detail, innovation and change management;
  • Effective communication skills and customer service mentality.
  • Strong attention to detail and a high degree of accuracy are essential skills in an environment where an error can have both financial and reputational ramifications
  • Strong drive to improve processes and systems is necessary alongside good IT skills (Excel/VBA/Python/Power BI). You may be expected to develop new tools to secure and optimize the process and built new reports adapted to the business evolutions
  • TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

Offer ID

61120BR

Metier

Financial Middle / Back Office

Employment type

Regular position

Experience level required

Less than 3 years

Employer company

TotalEnergies Gas & Power North America, Inc.

Branch

Gas Renewables And Power

About us / company profile

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.




Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.