Job Information
Calpine Manager Accounting I in Houston, Texas
Description
Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.
Job Summary (includes but is not limited to the following, other duties may be assigned)
Uses professional accounting concepts and internal company policies to solve complex accounting issues including the maintenance of internal controls. Participates in and implements monthly financial close, supervises the assignments of the staff accountants. Prepares monthly management financial reporting package and executive summary schedules. Coordinates and facilitates the process of documenting accounting policies and procedures. Leads projects and improvement initiatives. Responsible for ensuring all controls are operating effectively.
Job Responsibilities
High profile role with management responsibility for a functional team that produces internal and external financial information and analysis of the company’s commodity trading and hedging activities
In-depth knowledge of physical and financial energy commodity markets (power, natural gas, environmental, and/or retail energy markets preferably)
Theoretical and practical expertise associated with accounting and valuation principles relevant to energy transacting activities (contract accounting interpretation, derivative MTM and Hedge accounting, etc)
Working understanding of business processes and associated financial and trade risk management systems that ensure appropriate capture, valuation, reporting, and analysis of forward transacting activities
Ability to work closely and seamlessly with inter-dependent functional teams, including but not limited to Front Office Trading, Middle Office Risk, and Commodity Settlements.
Ability to define, execute, and implement positive change through continuous process improvement/automation initiatives that directly benefit the team and company, returning value through increased efficiency, reporting transparency, analytical capability, and/or risk mitigation.
Job Scope & Technical Excellence
Uses comprehensive accounting knowledge of a seasoned professional, performs escalated and complex duties.
Uses advanced technical skills, provides oversight of employees performing single function, location, product or technical area.
Directly accountable for performance and development of team, function, or assigned professional staff.
Responsible for design and implementation controls and processes specific to area of control
Responsible for ensuring all controls operate effectively each reporting period
Ensuring all reconciliations are prepared and reviewed accurately and timely
Provides timely feedback and coaching to team to continuously improve performance
Decision Making & Innovation
Decisions typically related to schedule, plans and tactics.
Results impact daily operations and progress on small to medium sized projects.
Makes technical decisions and performs escalated or more highly complex work of a similar nature to that for which they oversee.
Works on problems of diverse scope ranging from moderate to complex. Makes recommendations on new processes, tools and services; leads team in day-to-day implementation activities of new products, services and techniques.
Work Complexity & Independent Judgment
Uses independent judgment requiring in-depth analysis of variable factors. Collaborates with management and top professionals/specialists in selection of methods, techniques, and analytical approach.
Works within specific guidelines and procedures and is frequently required to interpret application of policies/procedures/technical methods for staff; often required to apply ingenuity and originality.
Ability to critically review work of team members and ensure completeness, timeliness and accuracy of product
Self-Management & Leadership
Manages day-to-day oversight of staff; may become actively involved to meet schedules and resolve problems.
Provides input into human resources decisions such as hiring, promotions, year-end ratings and disciplinary actions.
Responsible for performance reviews, including discussion with team members about successes and areas for improvement, promotional decisions, and pay actions for support and professional levels.
Communication & Influence
Information sharing – gives and receives information with management and others
Positively collaborates with teams within and outside of the accounting organization to ensure understanding of changes and any impact to the related accounting processes.
Leads teams to appropriately respond and account for changes timely.
Job Requirements
Bachelor’s Degree in Business, Accounting required.
Previous work leadership experience.
Requires minimum of 5-10 years in area of specialization, CPA preferred.
Industry experienced preferred.
Additional Calpine Information:
Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.
Please view Equal Employment Opportunity Posters provided by OFCCP here (http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
