Analyst, Settlements
1 month ago
WHAT YOU WILL DO
Ensure that all settled trading activities and Counterparty/Pool-related transactions are invoiced and paid by designated deadlines, including work related to TransAlta’s Power Pools
Ensure timely cash clearance and reconciliation by counterparties, supporting accurate Accounts Receivable aging and Accounts Payable reporting
Collaborate with credit, cash management, accounting, and AP teams to facilitate prompt payments
Monitor receivables to ensure timely receipt and proper allocation of payments, following up with customers on outstanding balances
Accountable for month-end close responsibilities
Prepare monthly General Ledger account analyses and reconciliations to ensure accurate financial reporting and analysis
Complete monthly reconciliations for FCM options with Allegro and manage outstanding balances not yet posted in cash management
Conduct variance analysis and account reconciliations to identify discrepancies and ensure accuracy
Troubleshoot SAP issues, including testing system upgrades and patches, and resolve integration challenges between SAP, Allegro, AP, and Settlement Pool reconciliation tools
Maintain and update the payment calendar to ensure accurate cash forecasting and effective cash management
Assist accountants with variance analysis and provide explanations of financial results as needed
Apply expertise in Sarbanes-Oxley controls, compliance procedures, regulatory requirements, and internal policies, escalating risks to leadership when necessary
Demonstrate a proactive, team-oriented approach, offering support and taking on additional responsibilities to contribute to the success of the Energy Marketing Finance department
Effectively analyze and resolve complex issues in a timely manner
WHAT WE NEED FROM YOU
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