Back Office US Analyst

Back Office US Analyst

• Location(s):
• Chicago, IL, US, 60654

RWE Supply & Trading Americas, LLC

To start as soon as possible, full time , permanent

Your future plans

Our Back Office US function at RWE Supply & Trading Americas (RWESTA) is responsible for wholesale, contract, and trade settlements in North American markets. This includes confirming and settling deals, calculating and settling nonstandard contracts, as well as validating and processing grid (merchant) settlements. They are also responsible for providing comprehensive and quality checked control within the ‘Trade Lifecycle Process' across Front Office, Back Office, Risk, Finance, Accounting and Legal, so close cooperation with these areas is key. We have a diverse commodity portfolio including power, ancillary services, renewable energy certificates, and gas. Without Back Office as the operational backbone of the trading business, nothing would work!

Do you have a keen interest in energy markets? Have you gained some energy grid knowledge in your job or through qualifications? If so, this could be the opportunity for you! In your new role the key responsibilities will include:

• Analyze all revenue sources for proper revenue recognition of electricity sales contracted via Power Purchase Agreements (PPAs), merchant energy sales, accounting for imbalance energy settlements
• Ensure timely and accurate invoicing of internal/external customers across various energy markets
• Conduct meter validation and confirm shadow calculations are accurate and within tolerance
• Communicate validated settlement accrual and invoice data to Revenue Accounting for timely and accurate entries
• Maintain and enhance all Settlement systems including PCI, ENDUR, and various complex Excel models, as well as assist in special projects
• Manage auditor requests related to revenue and receivables, ensuring timely completion of supporting schedules

Your powerful skills Do you have a keen eye for detail and exceptional relationship management skills? Have you worked in a Finance / Procurement / Settlements or similar role, within a fast paced environment? Or are you a Graduate with relevant qualifications in energy markets? Key requirements include:

• Exceptional communication skills as there is frequent contact with the Traders, Schedulers, and Finance, as well as Back Office teams in Swindon and Essen.
• Excellent problem-solving and analytical skills.
• Ability to build effective relationships, but also work independently.
• Extremely well organized and able to work tight timeframes under pressure.
• Ability to prioritize your daily tasks to meet operational deadlines.
• Collaborative team player with excellent interpersonal skills.
• Commercially aware, flexible, confident and assertive.
• Ability to work in a fast paced, changing, corporate environment.
• Intermediate knowledge of MS Office (including Excel, Word, PowerPoint and Outlook).
• Undergraduate degree in accounting, finance, econ, or related field or relevant work experience
• Eagerness to learn and take on challenges in a rapidly growing and dynamic environment

Advantageous, not a must

• Basic knowledge of IT software such as PCI, ENDUR, and SAP.
• A good understanding of energy settlements and the deal lifecycle.
• Relevant work experience in the energy business.

Our offer Join an international leading energy trading house in a huge period of growth. Our department gives you the opportunity to gain a thorough understanding of the end-to-end trade lifecycle in an energy trading house from trade execution to settlement. Once you have spent some time with us, your knowledge about various commodities such as renewables, coal, biomass, LNG, gas and power will have vastly developed.

In addition, you'll enjoy a competitive salary, performance-based bonus, and benefits package including:

• Medical, Dental, Vision, Retirement 401k match, Commuter benefits, etc
• Open & diverse company culture
• Collaboration with offices around the globe and potential for domestic & international travel
• Flexible work schedule to allow for great Work/Life Balance

rwe.com/career

Apply now with just a few clicks: ad code 85077

Any questions? Patrycja Bartela, E: [email protected] (Recruiting)

We look forward to meeting you!

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity. #inclusionmatters

Of course, you can find us on LinkedIn, Twitter and Xing, too.

RWE Supply & Trading is the interface between RWE and the energy markets around the world. Around 2,000 employees from over 70 different countries trade electricity, gas, commodities and CO2 emission allowances. The trading entity also ensures the commercial optimisation of RWE's power plant dispatch and markets electricity from RWE.