Requisition ID: 98213
NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.
Position Specific Description
General Responsibilities
- Reconcile and settle assigned third-party energy commodity purchases and sales, monthly commissions and clearinghouse activity, including the preparation and processing of settlement invoices.
- Provide settlement and accounting support to the NEM trading organization, NEER Business Management and other Finance and Accounting teams.
- Coordinate with internal teams and counterparties to investigate transaction discrepancies, resolve settlement issues and support accurate accounting and timely payments.
Specific Responsibilities
Settlements and Reconciliations
- Analyze, reconcile, settle, record and report clearinghouse activity and financial and ISO power transactions.
- Research discrepancies and coordinate resolution with counterparties, Trade Support, the Pricing Group and clearinghouse personnel.
- Review transaction data for physical and financial products, working with the PMI/EMT front office to resolve data issues and disputes.
- Prepare and process non-standard invoices for activities not handled by the business process outsourcing provider (MXDC).
- Review open accounts receivable and accounts payable before month-end and follow up on outstanding items to support timely payments and collections.
Accounting and Month-End Close
- Assist the manager with month-end close activities, including reviewing estimates and actuals for financial instruments.
- Review prepayments and deferred revenue to support recognition in the appropriate contract month.
- Maintain accurate transaction records and supporting documentation for settlement and accounting activities.
SOX Compliance and Audit Support
- Perform settlement and accounting activities in accordance with applicable SOX processes.
- Reconcile invoices processed through the trading systems auto-posting functionality and verify that required supporting document