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At Calpine, we give you the tools you need to chart your own career path in an engaging, fast-paced environment where you can learn from power industry leaders.

Whether you are a student seeking an internship that offers real-world experience, a recent graduate ready to build a rewarding career or a seasoned professional who wants to expand your horizons, Calpine provides meaningful opportunities and challenges.

Our learning and development platforms and educational reimbursement programs enable employees with initiative to explore their own potential in a dynamic and rewarding industry.

Requisition Number 20-0310
Title Director Accounting, Gas Settlements
City Houston
State TX
Job Family Finance Accounting
Shift Days
Employee Type Regular
Subject to DOT Regulations No
Percent of Travel Required 0
Relocation Provided No
Location Houston Office
Description Will oversee the accounting function for physical energy commodity settlements, which includes inter-company accounting, cash management/reconciliation, financial reporting, margin reporting, and balance sheet management. Responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that financial reporting information is prepared in compliance with all financial policies.

• High profile role with responsibility for the management of a broad functional team with ultimate responsibility for cost and budgetary items.
• In-depth knowledge of physical energy commodity markets with Electricity and Natural Gas preferred, Natural Gas strongly preferred in a power plant generation context
• Expertise associated with physical energy commodity settlements
• Working understanding of Energy Trading Risk Management Systems “ETRM” deal settlement configuration, physical operational requirements, and translation to accounting and reporting requirements
• Responsible for all natural gas, fuel oil procurement, associated transportation and storage settlement and accounting activities, including associated affiliate transactions
• Will work closely with the Gas Trading commercial organization, Scheduling, and Plant operations personnel to ensure appropriate deal term capture, volume actualization and internal and 3rd party balancing in support of accurate settlement and accounting results
• Working understanding of accounting process and controls and cash management requirements
• Responsible for ensuring that the accounting department is staffed with qualified financial personnel capable of meeting objectives and responsibilities
• Manages multiple functions within the department with an operational focus and responsibility for results in terms of costs, methods and employees
• Decisions typically related to implementation of department strategy, intradepartmental coordination, and business outcomes
• Results have significant impact on costs and achievement of department objectives.
• Identifies opportunities that make a significant difference to the performance of multiple department functions and possibly organization-wide impact
• Makes decisions for large-scale projects, a closely related set of projects and/or initiatives involving multiple functional areas
• Establishes operational objectives for multiple functions including work plans and delegating assignments to subordinate managers and senior professionals
• Works within broad guidelines; applies advanced technical knowledge of multiple functions to solve complex problems which may have long-term impact on the department
• Responsible for performance reviews, promotional decisions, and pay actions for the department
Requirements • Bachelor’s Degree in Accounting or Finance, prefer Master’s Degree.
• Previous experience managing large teams. CPA preferred.
Typically requires minimum of 10+ years in area of specialization
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