Accounting Specialist, Trading Reporting

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Company: Capital Power Corporation

Location: Edmonton, AB T5A 0A1

Description:

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter - we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.

We are currently seeking an innovative and results-oriented individual to join our Trading Reporting team!

The Trading Reporting group manages our financial results for the Trading & Origination activities of the company. We are responsible for all aspects of Trading & Origination from settlements to complex accounting transactions, and monthly, quarterly, and annual reporting of trading results. We also assist in budget & forecast cycles across the organization and consolidate forward-looking financial information for the consideration of our executive and board.

Reporting to the Senior Specialist, Derivatives & Hedge Accounting, as the Specialist - Trading Reporting, you will work with internal stakeholders to provide insights into the financial and operational trends for our commodity trading desks. You will have proficient financial knowledge in all our trading activities, which include power, gas & environmental products, trading as well as the optimization of our power generation assets. You will also assist the Senior Specialist with the presentation of consolidated financial results and external disclosures.

This is an exciting role involving a combination of financial analysis, reporting of results, forecasting, and an array of ad-hoc analyses, all of which drive results for some of our largest business areas.

You will contribute to our team by:

  • Analyzing and reporting on monthly, quarterly, and annual results variances for our trading activities with a focus on key drivers and trends.


  • Assisting in calculating and recording accurate accounting accruals and month end entries for Interest Rate, FX and Commodity trading activities


  • Collaborating with the Settlements team to ensure alignment for accurate reporting of results


  • Preparing quarterly and annual disclosures in our external financial statements that relate to our trading activities.


  • Assisting in the development of the long-term plan, annual budget, and quarterly forecast processes for our trading activities, in collaboration with internal stakeholders.


  • Managing the process, timelines, expectations, and flow of information between the Reporting team, our trading teams, and other finance groups.


  • Building & maintaining strong collaborative relationships with various internal stakeholders to understand, interpret, and develop business analysis.


  • Recommending and implementing improvements to processes, reporting, etc. to drive efficiencies.


  • Ensuring process documentation is up to date and accurate


  • Adhering to internal CSOX control requirements and ensure internal controls are operating effectively


  • Participating in ad hoc analysis projects as required.


What you will bring to the role:

Education:

  • Post-secondary degree in finance, accounting, or a related field.


  • Professional accounting designation.


Experience:

  • 5+ years of progressive accounting and financial analysis experience.


  • Working knowledge of the power generation business and commodities trading.


Technical Skills:

  • Strong problem-solving and analytical abilities.


  • Excellent communication skills (both written and verbal), including the ability to work effectively with non-financial individuals.


  • Excellent time management skills.


  • Ability to foster positive internal stakeholder relationships.


  • Experience with any of the following would be considered a strong asset:


  • Oracle or another enterprise-grade ERP, including Oracle Hyperion


  • Commodity trading systems


  • Microsoft Power BI


Working Conditions:

  • Hybrid office/work-from-home position.


Additional Details

Hours of Work: 8 hours per day, 40 hours per week.

Union: CSU52 (T2)

Hourly Range: $47.22 to $56.32

This position will remain open until a suitable candidate is found.

Clearance of Credit check is required for this position.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting
careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.

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