Senior Revenue Analyst

Job Description:

Overview:

Responsible for revenue accounting functions for Deriva Energy's renewable portfolio of assets. Job duties include analyzing information from internal and external sources, reading and interpreting contract terms, reconciling and validating settlement data, completing monthly accounting close, and communicating with various internal and external parties. Other responsibilities include quarterly reporting, assisting with the annual audit, account reconciliations, Subledger to GL mapping, subledger batch processing, cash reconciliation and application, and analyzing/researching ad-hoc requests to support management decision making. Need to be familiar with a revenue accounting standards, practices and procedures to assist with the revenue recognition controls. The ideal candidate will possess strong attributes for accuracy and will be highly detailed oriented.

Responsibilities:

• Review Power Purchase Agreements to understand billing and accounting treatments in accordance with US GAAP

• Interpret and cross reference contract terms and conditions to transaction details and identify errors or recommend changes when needed

• Reconcile billing transactions with counterparties and independent system operators in accordance with contractual timelines

• Review and reconcile various balance sheet accounts, included AR, unbilled revenue, collateral accounts, and derivative valuations

• Identify revenue and billing accruals, adjustments, or corrections that need to be made directly to the general ledger. Communicate impact to internal teams.

• Revenue and accounts receivable reporting

• Analyze financial information and recognize significant variances, trends and irregularities; understand causes/drivers, and summarize concisely to management

• Perform complex queries in energy trading systems in support of inquiries from internal stakeholders and external customers.

• Coordinate with internal teams to create new FERC Filing documents and to update and file quarterly FERC Reports.

• Interact and support site operating personnel, corporate personnel, external auditors, vendors and consultants as required

• Assist in the preparation for the annual budgets

• Prepare ad hoc requests for internal and external parties

• Special projects as assigned

Basic Qualifications:

• Bachelor's degree with major in Accounting/Finance or related discipline

• Three (3) plus years of increasingly diverse or complex experience in related field in addition to degree

Desired Qualifications:

• Certified Public Accountant (CPA) or working toward achieving their CPA

• Five (5) plus years of increasingly diverse or complex experience in related field

• Possesses and applies fundamental accounting and finance concepts, practices, and procedures

• Excellent written and oral communication skills

• Experience using Microsoft products such as Excel, Word, Power Point, and PowerBi

• Proficient user of pivot tables and working knowledge on how to leverage Microsoft Power Query

• Demonstrated ability to work independently and meet stated deadlines

• Working knowledge of US GAAP

• Maintains a strong understanding of SOX compliance requirements and collaborates effectively with internal controls

• Working knowledge of PowerOptix, Aveva PI system, and various Financial and Accounting software (i.e., NetSuite, Onestream, etc.)

• Working knowledge of FERC revenue filings

• Advanced visualization app experience or database management

• Experience with complex power purchase agreements, VPPAs, and CFD.

• Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners

Working Conditions:

• Hybrid - Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable commute to the designated Deriva Energy facility.

Additional Information:

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.

Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.