General Accounting Senior - Asset Supply Optimization - Houston, TX

Primary Purpose
Executes complex reconciliations and reporting tasks, ensuring compliance with accounting standards. Provides insights through analysis that support operational improvements and financial integrity. The position is part of a collaborative accounting team supporting commodities and derivative activities across energy markets, including natural gas, power, 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

• Supports the accounting and reporting for commodity transactions and derivative instruments, including analysis of contractual terms, valuation support, settlement activity, mark-to-market accounting, hedge-related impacts, and related financial statement disclosures.
• Prepares and reviews journal entries, account reconciliations, and month-end close activities related to trading and commodity operations
• Contributes to the preparation of financial reports and supporting schedules for internal and external reporting purposes. Contributes to the accounting/analysis of physical and financial transactions, providing visibility into how business activities translate into financial performance.
• Supports audit activities by preparing documentation and responding to auditor requests
• Carefully reviews and compares financial records, identifies issues, and applies effective solutions to resolve them.
• Prepares and shares detailed financial reports and summaries, helping leaders understand key financial information.
• Ensures that all departments follow consistent procedures for processing and labeling expenses, keeping financial records accurate and organized.
• Works closely with both internal teams and outside reviewers to make sure all financial practices follow company rules, professional standards, and legal guidelines.
• Performs other duties as assigned.

Education

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

Experience

• Typically requires 5 years of related experience.
• Financial Accounting - The process of recording, summarizing and reporting a company's business transactions through financial statements.
• General Ledger Administration - The record-keeping system for a company's financial data, with debit and credit account records validated by a trial balance.
• Financial Regulatory 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.
• Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
• Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
• Account Reconciliations - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
• Financial Analysis - Analyzes the financial statements and data to provide insights about the financial performance and position of the organization over time.
• Documents Management - Creating, distributing, using, maintaining and disposition of recorded information maintained as evidence of business activities and transactions.
• Accounting Standards - Apply financial reporting framework prescribed by the relevant governing body to ensure all transactions meet regulatory requirements.
• Financial Forecasting - The ability to prepare and present financial statements and reports, such as monthly financial statements and work-in-progress reports, to stakeholders.

Preferred Qualifications

• Certified Public Accountant (CPA)
• Experience with energy trading and risk management (ETRM) systems, such as Endur/Openlink
• Commodity Accounting - Understanding of accounting for commodity purchase, sale, transportation, storage, and trading-related transactions.
• Derivative Accounting - Knowledge of accounting for derivative instruments, including recognition, measurement, valuation considerations, settlement accounting, financial statement presentation, and disclosure requirements.

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.