Job Description:
Product Control is responsible for calculating and reporting the commercial performance, in accordance with IFRS valuation principles, and for exercising controls over the reporting process, particularly verification of price curves and validation of the trading margin for each business segment.
Job DescriptionThe Product Control Senior Analyst will support the trading and finance teams with the daily P&L tracking. This role is responsible for managing data from our trading systems and help compile finance reports for our accounting and finance teams.
Responsibilities- Understand/perform daily P&L production and reporting for commodity trading books and structured deals, focusing on Power, Gas, and Environmental Products
- Resolve any queries from traders or other departments relating to P&L as well as provide analysis and commentary
- Provide/maintain commentary for trading margin analysis for monthly and yearly performance (unrealized vs realized)
- Prepare monthly liquidity reserves for all commodities (Gas, Power, Environmental Products, Refined Products, NGLs, and Options) and provide commentary
- Responsible for managing TPM workflows generated by the ETRM. Assist in enhancing existing processes and developing new procedures in order to improve the efficiency of P&L production and to tighten controls
- Preform independent price validation on the various commodities. Preform analysis, create and present presentations monthly to the curve committee.
- Provide additional ad hoc reporting as required
- Perform/maintain the applicable controls and monthly close activities
Qualifications- Undergraduate Degree in Accounting, Finance, Economics, or Computer Science
- A minimum 4 years' experience in Product Control/Risk Management/Settlements/Volumes Analyst within energy trading, internship experience included
- Programming and coding knowledge preferred
- Experience creating reports in a viewer such as Power BI or Tableau is highly preferred
- Experience with price testing services such as Totem or Skylight is preferred
- Knowledge of Commodities/Energy markets
- Ability to work under pressure without compromising the quality of deliverables
- Good understanding of business processes and data management
- Excellent written and verbal communication skills
- Strong attention to detail
- Highly motivated and enthusiastic and able to respond to changes in priorities
