Energy Trading Settlements Associate II - Houston, TX

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Primary Purpose
Executes settlement processes for energy transactions by reconciling trade data, resolving discrepancies, and preparing reports, contributing to operational accuracy and adherence to regulatory and contractual requirements. 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

• Prepares settlement calculations, invoice support, and support account reconciliations for gas purchases, sales, storage, transportation, and related activities.
• Supports month-end close activities and reporting requirements
• Supports the implementation, testing, enhancement, and continuous improvement of ETRM systems and related settlement processes to improve efficiency, accuracy, and control effectiveness.
• Performs detailed reconciliation of trade details across regional energy markets and bilateral agreements.
• Investigates and resolves settlement discrepancies by working with traders, schedulers, and counterparties.
• Updates settlement systems to reflect corrected trade details and pricing adjustments.
• Ensures compliance with internal controls and regulatory requirements during settlement processing.
• Prepares settlement reports for internal stakeholders and external counterparties.
• Monitors settlement timelines to ensure timely completion of all tasks.
• Participates in testing of new settlement tools or system enhancements.
• Communicates moderately complex settlement issues clearly to cross-functional teams.
• 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 2 years of related experience.

Knowledge, Skills and Abilities

• Required: Energy Transaction Management - Managing the purchase or sale of a specified quantity of energy at a known transaction point or through an organized market.
• Required: Accounts Reconciliation - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
• Required: Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
• Required: General Ledger Accounting - The record-keeping system for a company's financial data, with debit and credit account records validated by a trial balance.
• Required: Documentation and Records Management - Creating, distributing, using, maintaining and disposition of recorded information maintained as evidence of business activities and transactions.
• Required: Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
• Required: Contract Management - Streamlining the creation, execution, storage or renewal of contracts, with a focus on compliance, often via software or other automated means.
• Required: Variance Analysis - Analyzing the difference between actuals and some predetermined measure such as a budget, plan or rolling forecast.
• Required: Financial 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: Energy Scheduling - The logistical planning of physical power flows by an operator in the power market.

Preferred Qualifications

• Preferred: Experience with ETRM, ERP, or commodity management systems and related settlement or accounting processes.
• Preferred: Knowledge of commodity trading, energy marketing, natural gas, LNG, or transportation settlement activities.
• Preferred: Analytical skills with the ability to work with large datasets, perform reconciliations, and identify variances.

HYBRID: Work a combination of onsite and remote days each week, typically 4 days per week onsite.

Accounting/Finance

Full-time

Note: The Company strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education.

Sempra Infrastructure offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.

Houston Center of Excellence-TXHS

Pay Range Pay Range

The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.

The actual pay rate will depend on the person's qualifications and experience.

$92,000.00 - $146,000.00 / year

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.