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Job ID 12751

Derivatives Evaluation & Reporting Mngr

Informazioni generali

Nazione
USA
Team
Energy and Commodity Management
Anzianità
Expert (4-8 anni di esperienza), Senior (8+ anni di esperienza)
Tipo di Lavoro
Tempo indeterminato
Tipo di assunzione
Tempo pieno
Modalità di lavoro
Remoto
Data pubblicazione
02-ott-2024
Data di Scadenza
01-gen-2025
Società
Enel North America, Inc

Descrizione e Requisiti

Who We Are
Enel is a globally recognized leader in sustainable energy and is consistently named one of Fortune Magazine’s “Companies that are Changing the World.” It is also one of the largest and most trusted energy companies in the world, serving around 70 million customers in more than 30 countries across 5 continents. The Enel Group vision is about Open Power. Open Power means opening energy access to more people; opening the world of energy to new technologies; opening new ways for people to manage energy; opening new uses of energy; and opening more partnerships. These are ambitious goals, and we are pursuing them with the passion of more than 65,000 people whose brilliant work is based on our values of Responsibility, Innovation, Trust and Proactivity. At Enel North America, our businesses are leading the energy transition, creating the sustainable energy solutions of the future to help individuals, businesses and communities change energy into lasting value.

The Opportunity:
 The Risk Management group within Middle Office is responsible risk analysis of asset and trading portfolio covering energy commodities like power, gas and recs. This role will be responsible for valuation and reporting of derivative contracts.

What You'll Do at Enel North America:
• Responsible for monthly, quarterly and year end valuation of derivative contracts stemming from PPA offtakes and other transaction with various counterparties
• In collaboration with global team, perform ongoing hedge effectiveness testing as per US GAAP and IFRS standards
• Work with accounting and finance group to ensure proper booking of fair value for financial reporting
• Provide consultation on hedging treatment of new derivative contracts. Identify embedded optionality in offtake structures and transactions
• Support accounting and finance groups during audit process
• Ensure counterparty derivative valuation reconciliation process is completed timely and accurately
• Determine accounting and reporting implications of new risk management strategies in accordance with US GAAP and IFRS standards.

What You've Accomplished:
• Bachelor’s Degree in Finance, Economics and accounting, advanced degree is a plus
• 7+ years of experience in commodity and derivative accounting at a bank, energy companies and accounting firms
• Strong experience in US GAAP and IFRS
• Understanding of US Power and gas markets
• Ability to work independently
• Strong leadership and communication skills
• Demonstrated problem solving and analytical skills
• Strong interpersonal skills and demonstrated commitment to teamwork and partnership
• Experience working with global work flow and multiple projects

Diversity, Equity & Inclusion:
Enel North America is dedicated to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information. We will not discriminate, in any employment decision, against any individual or group on the basis of race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information, or veterans/national guard/military reserve status. This shall be done in compliance with all applicable federal, state, and local laws in every location in which Enel North America has facilities. Enel North America maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks, where permitted by law. Accessibility – If you require accessibility assistance applying for open positions please contact EnelApplication@enel.com.

What Enel North America Offers You:
The hiring range for this position is $103,500.00 - $142,300.00 a year. For remote positions, this is based on a national average base pay for this role. For positions in California this range will be specific to the location in California. The actual range may vary based on the geographic location of the chosen candidate. For all positions, the base pay actually offered will take into account various factors, including internal equity and job-related knowledge, skills and experience. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards.

• Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.
• Benefits are effective as of day one!
• Some additional perks to working with Enel North America include:
o 401k with match fully vested as of day one. Enel-NA matches 100% of the first 4% that you contribute up to set IRS limits.
o Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.
o Paid leave programs
o The opportunity to grow and develop your career with the support and mentorship of senior leaders.
o The opportunity to work for one of the world’s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.
• An employee’s eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy.  The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.