Energy Trading Accounting Senior I - San Diego, CA

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SDG&E is not just an energy company, we are the architects of a brighter, cleaner future. Our employees power everyday life for 3.7 million people - bringing the energy to support their passions, ambitions, and the heartbeat of our community.

We call Southern California our home. It's where we chase our dreams and raise our families. That's why the people who live here deserve an energy company unlike any other, and that's why every day, SDG&E employees strive to be at the forefront of innovations to reduce emissions, modernize the electric grid, and enable our customers to make the transition to clean technologies. We're redefining sustainability, advancing zero-emissions solutions, and driving the electric vehicle revolution.

It takes the best to build the best - join us!

Career Level: P3

Primary Purpose:

Delivers advanced accounting support for energy trading activities by handling complex reconciliations, validating trade data, and analyzing profit and loss movements. Improves operational efficiency through process refinement and proactive issue resolution.

Duties and Responsibilities:

• Records and validates physical and financial trades in trading systems, ensuring accurate pricing and counterparties.
• Reviews and approves transportation, freight, and broker invoices; resolves discrepancies with trading desks.
• Performs month-end reconciliations of trading positions, settlement records, and inventory balances.
• Calculates and explains daily and monthly profit and loss movements, providing variance analysis to traders.
• Tracks hedge entries and reconciles hedge positions against trading activity for compliance.
• Prepares documentation for audits and regulatory compliance, including internal control testing.
• Monitors automated invoice processes and works with technology teams to resolve data integrity issues.
• Identifies opportunities to streamline accounting workflows and improve reporting accuracy.
• Performs other duties as assigned.

Required Qualifications:

• Typically requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.
• Typically requires 5 years of related experience.

Preferred Qualifications:

• 1 or more years experience pertaining to commodity markets.

Knowledge, Skills, and Abilities:

• Accounting Principles and Standards (IFRS, GAAP) - Apply financial reporting framework prescribed by the relevant governing body to ensure all transactions meet regulatory requirements.
• Accounts Reconciliation - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
• Auditing - The systematic examination, analysis, and evaluation of processes, records, or systems to verify their accuracy, compliance, effectiveness, and integrity, often conducted by independent professionals to provide assurance or identify areas for improvement, which can be applied to areas beyond finance, such as operational, IT, or compliance audits.
• Documentation & Records Management - Creating, distributing, using, maintaining and disposition of recorded information maintained as evidence of business activities and transactions.
• Energy Transaction Management - Managing the purchase or sale of a specified quantity of energy at a known transaction point or through an organized market.
• Financial Analysis - Analyzes the financial statements and data to provide insights about the financial performance and position of the organization over time.
• 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.
• General Ledger Accounting - The record-keeping system for a company's financial data, with debit and credit account records validated by a trial balance.
• Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
• Variance Analysis - Analyzing the difference between actuals and some predetermined measure such as a budget, plan or rolling forecast.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.

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

Business Operations

Full-time

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

SDG&E 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 other 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.

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.

$115,500.00 - $182,500.00 / 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.