Description:
 Responsible for performing various mark-to-market and hedge accounting duties
 
 ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. 
 In this position, either directly or through others, the incumbent will:
 
 ? Support the Origination Group and the Front Office by preparing timely accounting analysis of new non-standard and structured transactions by preparing accounting treatment assessment memos.
 ? Establish and maintain policies, procedures, practices and processes that support the derivatives and hedge accounting activities.
 ? Assists with various monthly and quarterly reporting requirements relating to derivative contracts accounting activities.
 ? Assist with special projects and information requests.
 
 

Qualifications
Qualifications:
 EDUCATION/EXPERIENCE
 The minimum education requirements are:
 ? Bachelor?s degree in accounting and/or finance
 
 The minimum experience requirements are:
 ? 3 years of accounting/finance work experience in a dynamic and analytical environment
 ? Detailed knowledge and experience in derivatives and hedge accounting
 ? Strong knowledge of generally accepted accounting principles and can apply these accurately to commercial transactions
 ? Effective project management and time management skills
 ? Ability to effectively communicate on the subject of accounting with other personnel and influence decision making
 ? Understands the commercial side of the energy industry and can link this to the financial statements
 
 Preferred education and experience requirements:
 ? CPA or equivalent professional qualification
 ? Understands the financial closing process and monthly/quarterly cycles strongly preferred 
 ? Broad knowledge of policies, procedures, regulations, codes, standards and current technologies
 ? Ability to understand and follow complex oral and written instructions
 ? Excel, Word, and PowerPoint application skills
 

Comments
Comments:
 PHYSICAL/MENTAL DEMANDS AND WORKING CONDITIONS: 
 This position requires the ability to perform the essential duties and responsibilities in the following environment:
 ? Occasional long, irregular hours.
 ? Use of a PC, computer terminal and/or telephone over 8 hours a day.
 ? Occasional travel between company facilities; occasional overnight travel.
 ? Occasional bending, twisting, crouching, pulling, pushing, and/or reaching to access job-related materials.
 ? Open workspace office environment.
 

 

TXU Energy (REP Certificate No. 10004) and Luminant are not the same company as Oncor Electric Delivery and are not regulated by the Public Utility Commission of Texas, and you do not have to buy TXU Energy's or Luminant's products to continue to receive quality regulated services from Oncor Electric Delivery.