Risk Management Specialist
21 hours ago
AltaGas seeks a highly skilled Risk Management Specialist to join our team. Based in North America, this is an exciting opportunity for you to leverage your expertise in derivatives accounting and risk management.
About the RoleThis role will involve reviewing complex contracts, preparing monthly mark-to-market entries, and ensuring compliance with Internal Controls of Financial Reporting (ICFR) and risk management policies. You will also assist with quarterly and annual external audits and maintain effective internal controls.
Your Responsibilities- Review commodity and other complex contracts to determine proper accounting treatment under FASB ASC Topic 815 (Derivatives and Hedging)
- Prepare the monthly mark to market entry, including validating the calculation of routine and complex derivatives
- Prepare monthly management reports, schedules, and explanations, including monthly variance analysis of derivatives balances
- Reconcile and confirm monthly statements with financial trade counterparties
- Settle financial trades, including OTC and exchange transactions, in the system of record
- Assist with quarterly and annual external audits and provide reports as requested to External and Internal Audit
- Maintain effective internal controls and ensure compliance with ICFR and risk management policies and procedures
- A minimum of 5 years in a comparable role within a public company
- Strong understanding of internal accounting controls and SOX guidelines
- Proficiency in derivatives accounting is highly desirable
- Experience in overseeing risk management is a significant advantage
At AltaGas, we are committed to providing our employees with a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, and a wide array of benefits. We value diversity and welcome applications from all qualified candidates.
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