P&L Analyst

Castleton Commodities International (www.cci.com) is hiring a P&L Analyst in Houston, TX. This position is responsible for the timely and accurate reporting of the Profit and Loss (PNL) on a daily basis. This position works closely with traders, schedulers, confirmations, settlements and product control to ensure that all transactions and market indicators are correct in CCI trading systems.

Responsibilities Include:

• Performing the daily reconciliation of complex trading strategies for various commodities: identifying and reconciling differences while adhering to strict daily deadlines
• Analyzing daily PNL estimates to ensure accuracy
• Responding to inquiries from management and trading personnel related to causes of discrepancies between actual PNL and trader estimates
• Managing the complete transaction lifecycle
• Providing guidance to traders, schedulers, confirmations, settlements and product control on correctly modeling transactions in CCI systems
• Collaborating with other operations personnel to resolve issues that may affect the daily PNL
• Perform special projects as assigned which in many cases will include preparation of adhoc position and P&L reports and analysis as required by the commercial team
• Validating trader marks against third party sources such as ICE, CME, TOTEM, Platts, & Argus
• Build, maintain and refine controls

The role entails critical trader support and interaction and as such, the relevant candidate must have a strong customer centric nature. The ideal candidate must possess a strong work ethic, willingness and ability to get the job done and be able to demonstrate expertise with the following concepts: physical and/or financial commodity transaction life cycle execution, including trading, position Mark-to-Market & P&L management (including FX exposure), confirmations, master agreements, credit exposure and margin management, scheduling, settlements, invoicing, and accounting.

Qualifications:

• Minimum of 2 years' experience in the functions noted above within Energy Commodities; must demonstrate an understanding of the Energy Markets and Risk Management
• Commodity (Energy preferred) market experience, especially knowledge of Refined Products, Power, Bulk Commodities, and Natural Gas
• Bachelor's degree in Finance, Economics, Accounting, Computer Science or a related field of study
• Understanding of Options and Storage Valuation.
• Strong technical skills in Excel, VBA, SQL, Matlab, and Python are preferred.
• Systems experience with Triple Point (CXL / Tempest) is preferred
• Consulting and/or Energy Trading and Risk Management System (ETRM) Project Delivery experience is a plus
• Strong interpersonal and communication skills
• Superb analytical and problem solving skills, ability to work in an energetic and dynamic environment
• Track record of taking ownership of issues and being accountable for on-time, on-scope delivery
• Management of multiple small concurrent projects is a plus

Employee Programs & Benefits:

CCI offers competitive benefits and programs to support our employees, their families and local communities. These include:

• Competitive comprehensive medical, dental, retirement and life insurance benefits
• Employee assistance & wellness programs
• Parental and family leave policies
• CCI in the Community: Each office has a Charity Committee and as a part of this program employees are allocated 2 days annually to volunteer at the selected charities.
• Charitable contribution match program
• Tuition assistance & reimbursement
• Quarterly Innovation & Collaboration Awards
• Employee discount program, including access to fitness facilities
• Competitive paid time off
• Continued learning opportunities

Visit https://www.cci.com/careers/life-at-cci/# to learn more!

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