Team Lead, Marketing Accounting

Petronas

$110K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • Relevant experience in energy marketing, ideally in a leadership role
  • Professional designation such as CPA or CFA
  • Strong leadership experience in Marketing Accounting
  • Advanced Microsoft Excel skills and familiarity with ETRM systems like Eka InSightCM
  • Knowledge of Canadian natural gas markets
  • Excellent communication skills for cross-functional collaboration

Responsibilities

  • Lead the marketing accounting group through trading complexities
  • Liaise across departments for accurate marketing revenue tracking and reporting
  • Oversee timely accruals, invoicing, and booking of gas marketing transactions
  • Prepare and report monthly financial results for commodities to leadership
  • Manage transportation commitments and utilization rates
  • Analyze monthly budget variances to identify trends and opportunities
  • Ensure accurate month-end revenue and account reconciliations

Benefits

  • Flexible work arrangements with a compressed work week
  • Casual yet professional dress code
  • Opportunities to contribute to a growing organization
  • Comprehensive compensation and bonus programs
  • Generous Health and Wellness Spending Account and Savings Plan
  • Commitment to community volunteerism and support
  • Annual employee-directed charity donation program
  • Support for training and professional development
Full Job Description
THE ROLE:

PETRONAS Canada is looking for a Team Lead, Marketing Accounting to join our team in the Calgary office. Reporting to the Director, Operations Accounting, the successful candidate will be responsible for ensuring the accuracy and thoroughness of the financial reporting related to PETRONAS's Marketing activities. This role will provide financial and accounting expertise and advice to support the marketing and hedging of PETRONAS's natural gas and natural gas liquids production.

HOW YOU WILL CONTRIBUTE:
  • Lead our marketing accounting group as we continue to expand in our trading complexities
  • Liaise with Marketing, Production Accounting, Financial Reporting, and other departments to ensure the smooth flow of information and proper tracking of marketing revenues, processing, and transportation costs while meeting tight monthly reporting deadlines
  • Oversee and/or Perform accurate and timely accruals, invoicing, settlement, and booking of physical natural gas marketing transactions
  • Prepare monthly financial results for various commodities and report findings to the business unit's senior leadership team and partner accounting teams
  • Oversee transportation and midstream commitments, utilization rates, and mitigation activities
  • Support the team in analyzing and explaining monthly budget/forecast and accrual price/volume variances to identify trends, anomalies, and opportunities for improvement
  • Ensure accurate monthly revenue and that accounts are reconciled
  • Work with Marketers, Risk Analysts, and third parties to ensure completeness and accuracy of transaction data
  • Respond to internal and external audit inquiries
  • Identify opportunities for innovative process improvements and automation


WHAT YOU BRING:
  • Bachelor's degree in Accounting or Finance
  • Relevant experience in the energy marketing industry, preferably as a Marketing Accounting Leader
  • Professional designation (CPA, CFA)
  • Leadership experience in the Marketing Accounting role
  • Strong Microsoft Excel skills and experience with Eka InSightCM or comparable ETRM systems (such as Allegro or OpenLink). Experience with SAP S/4HANA is considered an asset
  • Knowledge of Canadian natural gas markets
  • Excellent communication skills to support cross-functional collaboration
  • Detail-oriented with the ability to prioritize tasks and work effectively under tight deadlines
  • Motivated and able to adapt effectively to changing priorities


Job postings are typically only open for applications for two weeks so please submit your resume today.

WHY YOU SHOULD JOIN OUR TEAM:
  • Flexible work arrangements which include a compressed work week with Friday afternoons off for office-based roles
  • Dress for your day - a casual yet professional environment
  • Ability to contribute to a dynamic organization with large growth ambitions
  • Competitive compensation and bonus programs
  • Top tier benefit package, including a generous Health and Wellness Spending Account and Savings Plan
  • Making a positive difference in our communities through volunteerism, community support and providing opportunities to those in the areas where we operate
  • Annual employee-directed charity donation program
  • Support for training and professional development

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