Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, and Tara Energy. As a leading distributor of electricity and natural gas in North America for nearly 25 years, Just Energy prioritizes making energy easy.
What you will do:
As part of the Gross margin accounting and reporting team, you will ensure completeness, accuracy, and validity of all revenues and associated costs with settlements accounting including gross margin reporting, volumetric reporting, and associated reconciliations including accruals and certain derivate positions. You will report to the Manager, Gross Margin Accounting and Reporting. You will partner with our Risk, Commercial, and Finance teams for month end close including reporting and analysis of monthly and periodic actuals and variances, perform associated balance sheet reconciliations, and assist the Accounting, FP&A, and Treasury teams in ensuring a timely and accurate closing cycle. You will also own the revenue reporting process and gross margin performance explanations and assist in explanations of variances against the budget in coordination with the FP&A team.
You must be a self-starter who can meet deadlines, challenge the status quo while maintaining a silent running state, and ensure the integrity of gross margin results and balance sheet reconciliations. You will collaborate cross-functionally with the Company to deliver results timely, efficiently, and accurately.
What tasks you will perform:
Reconcile accounts associated with the commodity trade floor including inventories, accruals, renewables, options, and sundry accounts as part of the monthly closing cycle. Partner with accounting personnel to ensure compliance with US GAAP, including preparation of journal entries.
Tie source records to estimates and forecasts provided by other Finance teams, and lead research and explanation of settlement account differences with the Finance and Operations teams.
Perform detailed analysis utilizing information from various sources to accurately forecast monthly unbilled accounts receivables to ensure accruals are complete and accurate as part of the monthly closing cycle.
Maintain and enhance the design of the revenue and back-office commodity trade reporting processes in collaboration with cross-functional teams to ensure compliance with Just Energy’s control frameworks.
Monitor markets (power, gas, and green) to identify rules and changes affecting settlement results and impacts to new or existing contracts in conjunction with the settlements, accounting, and regulatory teams; enhance existing processes to comply with regulatory changes within markets in which we operate and internal policies and practices.
Document detailed analytical analyses related to the commodity accounts and provide explanatory analysis as part of the monthly accounting and FP&A reporting packages.
Coordinate with other teams and external auditors to support information requests and explanations timely.
Proactively respond to business questions and propose solutions to various levels within the organization up to the Executive Leadership Team as requested.
Assist cross-functionally within the Finance team as requested.
What experience we ask for:
We require:
A minimum of 5 years of experience, of which 3 years include practice as a CPA/CA or other professional designation.
A working knowledge of Excel, including building pivot tables, intermediate formulas
A demonstrated ability to utilize SQL, including writing queries
A demonstrated understanding of commodity markets including gas or power, with associated accounting, control, and finance concepts
An ability to research accounts, perform and review reconciliations with limited coaching
Strong decision making based on quantitative measurements and providing analytical and reasoning capabilities on accounting information
A bias to listen, challenge, and learn versus assume without evidence
A self-starter with strong attention to detail and focus on meeting reasonable deadlines, with an ability to multi-task, prioritize issues and propose solutions to the Finance Leadership Team
The ability to perform work as both an individual contributor and as a leader of a team to ensure all deadlines are met
We prefer:
A master’s degree in accounting
Energy experience within a trading environment, and Big 4 audit for financial advisory experience in an Energy practice
A working knowledge IFRS and US GAAP
A higher-level experience in Excel including building VBAs or macros
Implementation experience of Financial systems/databases and change management abilities while maintaining a silent running function
An ability to communicate at different levels across functions which may not have a detail understanding of Finance
Benefits:
Just Energy offers a robust benefits plan for staff members, as well as Employee Assistance Programs that offer a wealth of tools and resources to enrich the employee experience. The company also provides a number of cost-free, self-development courses for those that wish to build on their skills and competencies. In addition, a variety of awards offer another opportunity to recognize and reward employees.
We offer:
Performance based bonuses
Competitive compensation
Comprehensive benefits package
Hybrid Working Model
Health and wellbeing tools and resources and more…
Just Energy and its subsidiaries are an equal opportunity employer. We are committed to building a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace. We invite all interested individuals to apply.
Primary Location
CA-ON-Mississauga
Job
Finance & Accounting
Organization
Canada
Schedule
Temporary
Shift
Temporary Work
Employee Status
Non-Management
Job Type
Full-time
Job Level
Day Job
Travel
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Established in 1997, Just Energy has been a leading retail energy provider serving markets across the United States and Canada. We specialize in supplying electricity and natural gas services and renewable energy options to millions of residential and commercial customers.
As a participant in the energy industry, we believe in the importance of pursuing sustainable energy solutions for a cleaner, safer future. Our sustainable options make it easier for customers to reduce their impact on the environment through carbon offsets and renewable energy sources.
Whether it's powering homes or businesses, we offer a wide range of product options to meet the lifestyle, budget, and sustainability goals of you–our customers.
Just Energy is the parent company of Amigo Energy, HomeWater, Hudson Energy, Interactive Energy Group, and Tara Energy.
Job Title: Senior Analyst, Gross Margin Accounting and Reporting
Location: Canada (Hybrid)
Who is Just Energy?
Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, and Tara Energy. As a leading distributor of electricity and natural gas in North America for nearly 25 years, Just Energy prioritizes making energy easy.
What you will do:
As part of the Gross margin accounting and reporting team, you will ensure completeness, accuracy, and validity of all revenues and associated costs with settlements accounting including gross margin reporting, volumetric reporting, and associated reconciliations including accruals and certain derivate positions. You will report to the Manager, Gross Margin Accounting and Reporting. You will partner with our Risk, Commercial, and Finance teams for month end close including reporting and analysis of monthly and periodic actuals and variances, perform associated balance sheet reconciliations, and assist the Accounting, FP&A, and Treasury teams in ensuring a timely and accurate closing cycle. You will also own the revenue reporting process and gross margin performance explanations and assist in explanations of variances against the budget in coordination with the FP&A team.
You must be a self-starter who can meet deadlines, challenge the status quo while maintaining a silent running state, and ensure the integrity of gross margin results and balance sheet reconciliations. You will collaborate cross-functionally with the Company to deliver results timely, efficiently, and accurately.
What tasks you will perform:
Reconcile accounts associated with the commodity trade floor including inventories, accruals, renewables, options, and sundry accounts as part of the monthly closing cycle. Partner with accounting personnel to ensure compliance with US GAAP, including preparation of journal entries.
Tie source records to estimates and forecasts provided by other Finance teams, and lead research and explanation of settlement account differences with the Finance and Operations teams.
Perform detailed analysis utilizing information from various sources to accurately forecast monthly unbilled accounts receivables to ensure accruals are complete and accurate as part of the monthly closing cycle.
Maintain and enhance the design of the revenue and back-office commodity trade reporting processes in collaboration with cross-functional teams to ensure compliance with Just Energy’s control frameworks.
Monitor markets (power, gas, and green) to identify rules and changes affecting settlement results and impacts to new or existing contracts in conjunction with the settlements, accounting, and regulatory teams; enhance existing processes to comply with regulatory changes within markets in which we operate and internal policies and practices.
Document detailed analytical analyses related to the commodity accounts and provide explanatory analysis as part of the monthly accounting and FP&A reporting packages.
Coordinate with other teams and external auditors to support information requests and explanations timely.
Proactively respond to business questions and propose solutions to various levels within the organization up to the Executive Leadership Team as requested.
Assist cross-functionally within the Finance team as requested.
What experience we ask for:
We require:
A minimum of 5 years of experience, of which 3 years include practice as a CPA/CA or other professional designation.
A working knowledge of Excel, including building pivot tables, intermediate formulas
A demonstrated ability to utilize SQL, including writing queries
A demonstrated understanding of commodity markets including gas or power, with associated accounting, control, and finance concepts
An ability to research accounts, perform and review reconciliations with limited coaching
Strong decision making based on quantitative measurements and providing analytical and reasoning capabilities on accounting information
A bias to listen, challenge, and learn versus assume without evidence
A self-starter with strong attention to detail and focus on meeting reasonable deadlines, with an ability to multi-task, prioritize issues and propose solutions to the Finance Leadership Team
The ability to perform work as both an individual contributor and as a leader of a team to ensure all deadlines are met
We prefer:
A master’s degree in accounting
Energy experience within a trading environment, and Big 4 audit for financial advisory experience in an Energy practice
A working knowledge IFRS and US GAAP
A higher-level experience in Excel including building VBAs or macros
Implementation experience of Financial systems/databases and change management abilities while maintaining a silent running function
An ability to communicate at different levels across functions which may not have a detail understanding of Finance
Benefits:
Just Energy offers a robust benefits plan for staff members, as well as Employee Assistance Programs that offer a wealth of tools and resources to enrich the employee experience. The company also provides a number of cost-free, self-development courses for those that wish to build on their skills and competencies. In addition, a variety of awards offer another opportunity to recognize and reward employees.
We offer:
Performance based bonuses
Competitive compensation
Comprehensive benefits package
Hybrid Working Model
Health and wellbeing tools and resources and more…
Just Energy and its subsidiaries are an equal opportunity employer. We are committed to building a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace. We invite all interested individuals to apply.