Sempra Energy

General Accounting Senior - Commodity

Sempra Energy • $90K — $120K *
Houston, TX 77084In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field or equivalent experience
  • Minimum 5 years of related experience
  • Strong knowledge of financial accounting principles
  • Experience with general ledger administration
  • Familiarity with financial regulatory reporting standards
  • Proficient in data analysis and financial forecasting
  • Ability to ensure regulatory compliance and perform account reconciliations

Responsibilities

  • Execute accounting and reporting for commodity transactions and derivatives
  • Prepare and review journal entries and month-end close activities
  • Contribute to financial report preparation for internal and external stakeholders
  • Support audit processes by providing documentation and responding to inquiries
  • Review complex financial records to identify and resolve issues
  • Develop long-term financial plans and budgets with actionable insights
  • Share detailed financial summaries to inform leadership decisions

Benefits

  • Collaborative work environment with cross-functional teams
  • Exposure to evolving processes and market dynamics
  • Opportunities for professional development and growth
  • Engagement with technical accounting topics related to energy markets
  • Potential for involvement in innovative financial practices
Full Job Description
Primary Purpose
Executes complex reconciliations and reporting tasks, ensuring compliance with accounting standards. Provides insights through analysis that support operational improvements and financial integrity. The position is part of a collaborative accounting team supporting commodity and derivative activities across energy markets, including natural gas,and other related products. The team works closely with cross-functional partners, including Risk, Commercial, and Operations. The environment offers exposure to evolving processes, market dynamics, and technical accounting topics.

Duties and Responsibilities
  • Supports the accounting and reporting for commodity transactions and derivative instruments, including analysis of contractual terms, valuation support, settlement activity, mark-to-market accounting, hedge-related impacts, and related financial statement disclosures.
  • Prepares and reviews journal entries, account reconciliations, and month-end close activities related to trading and commodity operations
  • Contributes to the preparation of financial reports and supporting schedules for internal and external reporting purposes. Contributes to the accounting/analysis of physical and financial transactions, providing visibility into how business activities translate into financial performance.
  • Supports audit activities by preparing documentation and responding to auditor requests
  • Carefully reviews and compares complex financial records, identifies issues, and applies effective solutions to resolve them.
  • Develops and evaluates long-term financial plans, forecasts, and budgets, offering thoughtful suggestions to support decision-making.
  • Prepares and shares detailed financial reports and summaries, helping leaders understand key financial information.
  • Ensures that all departments follow consistent procedures for processing and labeling expenses, keeping financial records accurate and organized.
  • Works closely with both internal teams and outside reviewers to make sure all financial practices follow company rules, professional standards, and legal guidelines.
  • Performs other duties as assigned.


Required Qualifications

Education
  • Required: Typically requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.

Experience
  • Required: Typically requires 5 years of related experience.

Knowledge, Skills and Abilities
  • Required: Financial Accounting - The process of recording, summarizing and reporting a company's business transactions through financial statements.
  • Required: General Ledger Administration - The record-keeping system for a company's financial data, with debit and credit account records validated by a trial balance.
  • Required: Financial Regulatory Reporting - Financial reporting is a standard accounting practice that uses financial statements to disclose a company's financial information and performance over a particular period, usually on an annual or quarterly basis.
  • Required: Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
  • Required: Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
  • Required: Account Reconciliations - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
  • Required: Financial Analysis - Analyzes the financial statements and data to provide insights about the financial performance and position of the organization over time.
  • Required: Document Management - Creating, distributing, using, maintaining and disposition of recorded information maintained as evidence of business activities and transactions.
  • Required: Accounting Standards - Apply financial reporting framework prescribed by the relevant governing body to ensure all transactions meet regulatory requirements.
  • Required: Financial Forecasting - The ability to prepare and present financial statements and reports, such as monthly financial statements and work-in-progress reports, to stakeholders.

Preferred Qualifications
  • Preferred: Commodity Accounting: understanding of accounting for commodity purchase, sale, transportation, storage, and trading related transactions
  • Preferred: Experience with energy trading and risk management (ETRM) systems, such as Endur/Openlink
  • Preferred: Derivative Accounting: knowledge of accounting for derivative instruments, including recognition, measurement, valuation considerations, settlement accounting, financial statement presentation, and disclosure requirements
  • Preferred: Certified Public Accountant (CPA) or pursuing

About Sempra Energy

Sempra Energy was created in 1998 by a merger of parent companies of two long-established, and highly respected, investor-owned utilities with rich histories dating back more than a century. Sempra Energy was founded to capitalize on new opportunities in competitive energy markets. The company’s ongoing focus is to enhance shareholder value and meet customer needs by sustaining the financial strength, operational flexibility and skilled workforce needed to succeed in rapidly changing market conditions. Sempra Energy is a Fortune 500 energy services company, based in San Diego, Calif., that combines deep industry expertise with rigorous risk management to deliver superior shareholder returns. In 2013, Sempra Energy produced revenues of approximately $10.5 billion.

Sempra Energy Careers

Join the dynamic team at Sempra Energy, a leader in the energy sector, where innovation, leadership, and a commitment to diversity and sustainability drive us forward. At Sempra Energy, we offer more than just job opportunities; we provide a platform for professional growth and a chance to be part of a future-focused company that values each member of its team.

Work You’ll Do

At Sempra Energy, every position plays a crucial role in shaping the future of energy. By joining our team, you will collaborate with skilled professionals dedicated to pioneering solutions in energy efficiency and resource management. Our culture thrives on innovation and leadership, empowering every employee to contribute to our mission of delivering energy with purpose.

Explore Sempra Energy’s Career Opportunities

Whether you are seeking your first internship or a seasoned professional looking to advance your career, Sempra Energy offers a range of employment opportunities across various disciplines. Our hiring process is designed to identify and nurture talent, focusing on matching your skills and interests with the right career paths within our company.

Professional Growth and Development

Sempra Energy is committed to the professional development of its employees. We offer comprehensive benefits, diversity training, and leadership programs that encourage career advancement and personal growth. Our commitment to your success is reflected in our robust training programs and our focus on nurturing leadership qualities in every team member.

Innovation and Team Collaboration

Join a team where innovation is at the heart of everything we do. At Sempra Energy, you’ll work on projects that challenge the status quo and push the boundaries of what is possible in the energy sector. Our collaborative environment encourages networking and idea-sharing, ensuring that every voice is heard and valued.

Internship Programs and Entry-Level Positions

Kickstart your career with Sempra Energy through our internship programs or entry-level positions. These opportunities provide hands-on experience and a glimpse into the culture and operations of a leading energy company. Interns and new hires are integral to our team, bringing fresh perspectives and enthusiasm to our projects.

Benefits of Working at Sempra Energy

Choosing a career at Sempra Energy means enjoying a range of benefits designed to support your lifestyle and well-being. From health and wellness programs to flexible work schedules and competitive compensation packages, we prioritize the well-being of our employees. Our inclusive culture fosters a sense of belonging and encourages diversity in ideas and solutions.

Stay Connected with Sempra Energy Careers

Stay ahead in your career by connecting with Sempra Energy. Explore our current job openings, read about our company culture and employee experiences, and find tips for your resume and interview preparation on our careers page. Personalize your job search and receive alerts for new positions that match your skills and interests.

Join Our Team

Search for open positions at Sempra Energy that align with your skills and career ambitions. We are looking for passionate, curious, and innovative team players who are ready to make a difference in the energy sector. Explore the exciting and rewarding career opportunities awaiting you at Sempra Energy.

SEARCH SEMPRA ENERGY JOBS

Keep up to date with the latest in career opportunities and company news by visiting our careers blog and signing up for job alert emails tailored to your preferences. At Sempra Energy, your career journey is just beginning, and the opportunities are limitless.
Learn more about Sempra Energy
Size
15,390 employees
Market Cap
$49.7 billion
Industry
Energy & Utilities
Net Income
$3.9 billion
Founded
1996
5 Year Trend
+4.7%
Revenue
$11.3 billion
NASDAQ
SRE
* Ladders Estimates

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