Job Description
As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!
Job Summary:
Looking for a Staff Accountant to join our Financial Settlements and Cash Applications accounting team. Responsible for day-to-day accounting activities for all financially settled transactions and cash application of all cash receipts. This includes month-end and quarter-end accounting close and reporting tasks related to financial trades (power, oil, gas, coal, emissions, weather, and options), as well as cash applications.
Essential Duties/Responsibilities:
- Responsible for accounting, financial reporting, and analysis for financially settled trades, cash, and accounts receivable accounts.
- Handle the settlement and tie-out process for all financially settled trades including invoicing and checkout with various financial counterparties.
- Perform the monthly reconciliation of financial, cash, and clearing accounts.
- Perform various balance sheet reconciliations for Supply/Commercial Operations accounts.
- Record margin returns and margin interest invoices.
- Assist with broker fee accrual and invoices as needed.
- Support financial settlement accounting system updates.
- Monitor the internal control environment and ensure compliance with Sarbanes Oxley Sec. 404 legislation as it relates to the work processes.
- Assist with special projects as requested.
Working Conditions:
- Open office environment.
- Hybrid work schedule.
- Some overtime required as special projects arise.
- Limited travel (<5% of the time)
Minimum Requirements:
- Bachelor's degree in accounting with two to five years of experience in general financial accounting and reporting.
- Demonstrated ability to communicate with all levels of internal and external customers.
- Ability to work independently in team-oriented culture in a fast-paced environment.
- Proficient with Microsoft Office applications.
Preferred Qualifications:
- Experience with SAP or similar ERP system is a plus.
- Knowledge of Aligne or similar trading system is a plus but not required.
- Prior experience in the energy industry or similar commodity-based business a plus but not required.
Additional Knowledge, Skills, and Abilities:
- N/A
Physical Requirements:
- N/A
The base salary range for this position is: $*62,960-103,920 *The base salary range above represents the low and high end of the salary range for this position. Actual salaries will vary based on several factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees. Other rewards may include annual bonus, short- and long-term incentives, and program-specific awards. In addition the position may be eligible to participate in the benefits program which include, but are not limited to, medical, vision, dental, 401K, and flexible spending accounts.
NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Vet/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.
Official description on file with Talent.
As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!
Job Summary:
Looking for a Staff Accountant to join our Financial Settlements and Cash Applications accounting team. Responsible for day-to-day accounting activities for all financially settled transactions and cash application of all cash receipts. This includes month-end and quarter-end accounting close and reporting tasks related to financial trades (power, oil, gas, coal, emissions, weather, and options), as well as cash applications.
Essential Duties/Responsibilities:
- Responsible for accounting, financial reporting, and analysis for financially settled trades, cash, and accounts receivable accounts.
- Handle the settlement and tie-out process for all financially settled trades including invoicing and checkout with various financial counterparties.
- Perform the monthly reconciliation of financial, cash, and clearing accounts.
- Perform various balance sheet reconciliations for Supply/Commercial Operations accounts.
- Record margin returns and margin interest invoices.
- Assist with broker fee accrual and invoices as needed.
- Support financial settlement accounting system updates.
- Monitor the internal control environment and ensure compliance with Sarbanes Oxley Sec. 404 legislation as it relates to the work processes.
- Assist with special projects as requested.
Working Conditions:
- Open office environment.
- Hybrid work schedule.
- Some overtime required as special projects arise.
- Limited travel (<5% of the time)
Minimum Requirements:
- Bachelor's degree in accounting with two to five years of experience in general financial accounting and reporting.
- Demonstrated ability to communicate with all levels of internal and external customers.
- Ability to work independently in team-oriented culture in a fast-paced environment.
- Proficient with Microsoft Office applications.
Preferred Qualifications:
- Experience with SAP or similar ERP system is a plus.
- Knowledge of Aligne or similar trading system is a plus but not required.
- Prior experience in the energy industry or similar commodity-based business a plus but not required.
Additional Knowledge, Skills, and Abilities:
- N/A
Physical Requirements:
- N/A
The base salary range for this position is: $*62,960-103,920 *The base salary range above represents the low and high end of the salary range for this position. Actual salaries will vary based on several factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees. Other rewards may include annual bonus, short- and long-term incentives, and program-specific awards. In addition the position may be eligible to participate in the benefits program which include, but are not limited to, medical, vision, dental, 401K, and flexible spending accounts.
NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Vet/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.
Official description on file with Talent.
About NRG
At NRG, we are the power industry’s leading company and we’ve grown from a power generator into an energy provider that powers homes and businesses throughout America.
Our customer-focused mentality has led us to create technologies and tools that empower residents and organizations to think critically about their electricity, including where their power is coming from, what impact it has on the environment, and how they can become more conscious energy users. We partner with businesses to customize innovative power and sustainability solutions that are informed by our years of experience as market leaders. And we work diligently to stay ahead of an ever-evolving energy climate with rising demands.
Energy is all around us, fueling our day-to-day experiences. It keeps our families safe, it keeps our businesses running and it helps our neighborhoods thrive. But we have to be willing to transform the way we approach energy and imagine new solutions that will strengthen our collective energy community. We’re proud to be leading that transformation, and we hope you’ll join us.
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