Venture Global LNG (“Venture Global”) is a long-term, low-cost provider of American-produced liquefied natural gas. The company’s two Louisiana-based export projects service the global demand for North American natural gas and support the long-term development of clean and reliable North American energy supplies. Using reliable, proven technology in an innovative plant design configuration, Venture Global’s modular, mid-scale plant design will replace traditional designs as it allows for the same efficiency and operational reliability at significantly lower capital cost.
We are seeking a Senior Analyst, Middle Office, to join our Middle Office team. This position will report to the Senior Manager, Middle Office and will be located in Houston, TX.
Responsibilities:
- Be responsible for end of day procedures including, reviewing daily reports, daily trades, analyzing day over day changes to provide explanations to customers and resolving any discrepancies.
- Generate month end and settlement accounting entries from the ETRM for LNG, NG, and financial commodity transactions, while ensuring accuracy, and provide monthly analysis of activities for Sr Manager review.
- Reconcile and process settlements for Commodity Transactions within the ETRM or other commercial systems working with Commercial Ops, NG/LNG Front Office, Schedulers, Middle Office, and Suppliers/Customers
- Send invoices to Counterparties for settlement
- Coordinate with Treasury on processing and receiving payments and ensuring ETRM is updated for credit purposes.
- Coordinate with Accounting to maintain GL Mapping Matrix in the ETRM for month end accruals and settlement accounting
- Work with Gas Supply on new transport, locations to be set up in the ETRM for transacting.
- Ensure transactions are appropriately captured per the confirmation and for mark-to-market accounting.
- Analyze price and volume exposure on our commodity activities for management reporting
- Analyze and report on financial hedges relative to physical positions to identify profit and loss impact
- Ensure accuracy of data and ability to troubleshoot and resolve issues related to the data set in the ETRM.
- Provide feedback on system enhancements to provide efficiencies in daily tasks
- Ability to take on new projects in our commodity business and work cross functionally to build out the process and system requirements.
- Ability to gather and organize data from systems and create custom structured reports in excel as needed for business requirements.
Qualifications:
- Bachelor degree in accounting or business administration
- 5+ years experience in a natural gas or energy company, preferably in a Middle Office, Risk or Gas Accounting role
- Hands on experience with a commodity ETRM system, preferably FIS Aligne
- Strong understanding of Natural Gas transaction flow and transportation costs
- Strong understanding of mark-to-market, management profit and loss reporting, and exposure reporting
- Self-starter with ability to track tasks and follow up with team on status and roadblocks
- Good written and verbal communication skills
- Strong excel knowledge
- Strong quantitative and analytical skills
- Self-motivated to investigate problems and summarize for managers/management
- Experience with BI or Tableau reporting, particularly building out reports for natural gas activities
Venture Global LNG is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.
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