Senior Commodity Accounting Analyst
Company: Calpine
Location: Houston
Posted on: May 28, 2023
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Job Description:
Description
Calpine Corporation is America's largest generator of electricity
from natural gas and geothermal resources with operations in
competitive power markets. Its fleet of 76 power plants in
operation and one under construction represents nearly 26,000
megawatts of generation capacity. Through wholesale power
operations and its retail businesses, Calpine serves customers in
22 states, Canada and Mexico. Its clean, efficient, modern and
flexible fleet uses advanced technologies to generate power in a
low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment
to the environment is inextricably linked to excellence in power
generation and corporate responsibility. Since its founding in
1984, Calpine has led the power industry in its unwavering
commitment to environmental stewardship. In addition, its renewable
geothermal plants use steam generated deep below the earth's
surface to produce clean, renewable electricity.
Employee Benefits
At Calpine, our comprehensive total rewards package goes far beyond
a paycheck. It includes benefits designed to help you balance work
with life, manage your health, protect your income, help prepare
for your retirement and much more. For employees who go above and
beyond, Calpine offers awards and recognition for exceptional job
performance. In addition to competitive salaries , Calpine provides
a flexible paid time off (PTO) program, commuter expense
reimbursement and bonuses for referring highly qualified new
employees.
Hybrid schedule 3/2 working with Manager's Discretion.
Job Summary (includes but is not limited to the following, other
duties may be assigned)
Perform Daily comparison of Allegro transaction data to Market
data, and update Allegro as necessary for control purposes. This
also includes a volumetric reconciliation as meter data becomes
available to prepare for invoice processing.
Process ISO & Retail invoices timely to ensure settlement deadlines
are met. Maintain an accurate forecast for A/R and A/P settlements,
which includes providing any necessary support for cash management
processes to ensure collections of revenue and/or ensuring payments
were released timely.
Develop and maintain a detailed understanding of calculations and
components of ISO charge types. Stay abreast of anticipated and
actual changes to charge type calculations as result of market
corrections and redesigns.
Be a recognized protocol expert for assigned ISO(s) for Calpine
Energy Services, which requires participation on ISO market calls.
Stay abreast of ISO current events that would have potential impact
on future settlements, communicate those changes to other members
of the ISO Business Team in a timely and effective manner.
Identify potential dispute opportunities with assigned ISO(s) and
work with other members of the Regional ISO Business Team to
validate. Responsible for filing approved disputes with the ISO,
and tracking the progress of filed disputes in a timely and
effective manner.
Responsible for preparing month end estimates and closing the
books, including ensuring that volumes and values are accurately
reflected in Allegro and PeopleSoft as well as proactive
identification of any issues. Also responsible for various monthly
analysis and reporting, including pulling support for Audit
selections as requested by Deloitte and Internal Audit.
Responsible for Estimate to Actual analysis using Estimate
settlement data compared to ISO statements and providing detailed
explanations for material PMA's. Ensure that the general ledger is
properly stated.
Responsible for monthly/quarterly/annual regulatory reporting (EIA,
EQR) and Retail REC (renewable energy credits) settlements and
tracking.
Identify system issues and enhancement opportunities for Market and
Allegro. Work with IT support team and ISO Manager to prioritize,
and take lead role in testing those system upgrades and patches
prior to moving into Production.
Responsible for building and maintaining an effective working
relationship with assigned ISO representative, as well as internal
operational, and accounting personnel in order to proactively
provide relevant information and resolve discrepancies timely and
thoroughly.
Responsible for assisting other team members as needed or as
requested by Manager, including acting as a backup for other team
members.
Calpine offers a hybrid flexible work arrangement, where employees
work remotely 2 days per week.
Job Responsibilities
Comprehensive knowledge of the energy industry, specifically to
merchant energy.
Seasoned professional with advanced applied experience.
Performs in fully-functioning capacity, equivalent to a journey
level contributor
Works with others within their team to identify process
improvements and resolutions including identification and
implementation of controls
Makes recommendations on moderately complex issues regarding
project components and tasks.
Works on problems of diverse scope ranging from moderate to
complex.
Fully uses independent judgment within defined policies and
practices. Interprets guidelines, select methods, techniques and
analytical approach.
Applies analytical skills to interpret and explain resulting work
deliverables and/or detect and resolve issues
Limited instruction on day-to-day work, general instructions on new
assignments.
Serves as project/technical lead on small to medium sized projects;
may coordinate work of professionals, technicians and others
outside of own department.
May be designated project or technical lead for an ongoing process
or short-term project within own department.
Information sharing - gives and receives information such as
options, technical direction, instruction and reporting results
with others within the group.
Continues to grow professional network and identifies and connects
resources to achieve goals.
Regularly contributes actionable ideas in brainstorming and
planning sessions.
Collaborates well with others within the team
Job Requirements
Bachelor's Degree in Accounting or equivalent.
Minimum 5 years experience
Industry experienced preferred
Additional Calpine Information
Equal Opportunity Employer of Minorities, Females, Protected
Veterans, and Individuals with Disabilities.
Calpine is committed to Equal Employment Opportunity and providing
reasonable accommodations to applicants with physical and/or mental
disabilities. If you are interested in applying for employment and
need special assistance or an accommodation to use our website or
to apply for a position, please send an e-mail with your request to
hrrecruitment@calpine.com. Determination on requests for reasonable
accommodation are made on case-by-case basis.
Please view Equal Employment Opportunity Posters provided by OFCCP
here
(http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)
Equal Opportunity Employer/Protected Veterans/Individuals with
Disabilities
The contractor will not discharge or in any other manner
discriminate against employees or applicants because they have
inquired about, discussed, or disclosed their own pay or the pay of
another employee or applicant. However, employees who have access
to the compensation information of other employees or applicants as
a part of their essential job functions cannot disclose the pay of
other employees or applicants to individuals who do not otherwise
have access to compensation information, unless the disclosure is
(a) in response to a formal complaint or charge, (b) in furtherance
of an investigation, proceeding, hearing, or action, including an
investigation conducted by the employer, or (c) consistent with the
contractor's legal duty to furnish information. 41 CFR
60-1.35(c)
Keywords: Calpine, Houston , Senior Commodity Accounting Analyst, Accounting, Auditing , Houston, Texas
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