Financial Analyst II

Requisition ID: 98213

NextEra Energy Marketing is one of the nation's leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.

Position Specific Description

General Responsibilities

• Reconcile and settle assigned third-party energy commodity purchases and sales, monthly commissions and clearinghouse activity, including the preparation and processing of settlement invoices.
• Provide settlement and accounting support to the NEM trading organization, NEER Business Management and other Finance and Accounting teams.
• Coordinate with internal teams and counterparties to investigate transaction discrepancies, resolve settlement issues and support accurate accounting and timely payments.

Specific Responsibilities

Settlements and Reconciliations

• Analyze, reconcile, settle, record and report clearinghouse activity and financial and ISO power transactions.
• Research discrepancies and coordinate resolution with counterparties, Trade Support, the Pricing Group and clearinghouse personnel.
• Review transaction data for physical and financial products, working with the PMI/EMT front office to resolve data issues and disputes.
• Prepare and process non-standard invoices for activities not handled by the business process outsourcing provider (MXDC).
• Review open accounts receivable and accounts payable before month-end and follow up on outstanding items to support timely payments and collections.

Accounting and Month-End Close

• Assist the manager with month-end close activities, including reviewing estimates and actuals for financial instruments.
• Review prepayments and deferred revenue to support recognition in the appropriate contract month.
• Maintain accurate transaction records and supporting documentation for settlement and accounting activities.

SOX Compliance and Audit Support

• Perform settlement and accounting activities in accordance with applicable SOX processes.
• Reconcile invoices processed through the trading systems auto-posting functionality and verify that required supporting documentation is in place before posting.
• Identify and report compliance issues and data discrepancies.
• Provide timely and accurate support for audit requests.

Process Improvements and Special Projects

• Assist with the development and enhancement of settlement systems, processes and controls.
• Support the development of requirements to automate new and existing processes, and perform User Acceptance Testing.
• Facilitate the transition of ETA tasks to MXDC through training, monitoring and ongoing guidance.
• Support additional projects and perform other job-related duties as assigned by the manager.

Job Overview

Employees in this role supports Senior Management decision making via financial modeling, including but not limited to, revenue requirement and customer bill impacts, discounted cash flow analysis and financial statement modeling. This position identifies and conducts moderately complex analyses of financial impacts of issues and/or decisions facing the company and proposes strategies to maximize financial performance of company.

Job Duties & Responsibilities

• Identifies, analyzes, and communicates to management the impact on the Companys financial structure, profitability, financial integrity, and competitive position utilizing relevant analytical methods and/or department's forecasting models
• Provides financial analysis support for various projects, calculating revenue requirements, net present value, customer bill impact, etc.
• Provides expertise, support, and financial training for the company departments requiring these services
• Performs financial analyses as required by management or regulatory bodies
• Prepares PowerPoint presentations to be provided to Senior and Executive Management
• Performs other job-related duties as assigned

Required Qualifications

• High School Grad / GED
• Bachelors or Equivalent Experience
• Experience: 1+ years

Preferred Qualifications

• Bachelors - Accounting / Finance
• Masters - Accounting / Finance

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt

Employee Type: Full Time

Job Category: Finance, Accounting & Business Analytics

Organization: NextEra Energy Marketing, LLC

Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.