Contract Duration: 1-year contract, possible extension
Location: Rosemead, CA (Hybrid)
Pay Rate: $35.00/hour to $36.40/hour DOE
WHO WE ARE LOOKING FOR:
Our California-based electric provider client is seeking a Financial Analyst that can demonstrate an ability to analyze, explain and draw logical conclusions from data presented.
Responsibilities:
Tracks exposure and collateral reports in order to manage credit risk
Monitors expiring collateral and coordinates with banks or insurance companies to draw on collateral, when necessary
Processes margin calls with counterparties and clearing firms. Expeditiously resolves margin disputes.
Reviews incoming collateral instruments such as letters of credit, parental guarantees, surety bonds, escrow accounts, and cash for accuracy and processes for approval
Coordinates with banks and others to issue letters of credit when SCE is required to post collateral
Enters all transactions in the credit risk system to ensure accurate recording of all collateral held and posted
Performs variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
Represents Treasury Operations team at companywide meetings regarding policies and documents
Minimum Qualifications:
Minimum of 3 years experience in an analytical role
Bachelor's Degree or higher in Business, Accounting, Economics or related field
Knowledge of accounting processes and procedures
Proficiency with Microsoft Suite applications such as Excel, Word and PowerPoint
Ability to quickly learn software systems
Experience with SAP or similar enterprise wide ERP system
Experience with energy contracts, risk management related to energy procurement, or the CAISO market preferred
Experience with macros and database queries preferred
Knowledge of Entegrate, Endur, or other commodity trading systems preferred
Russell Tobin is a leading minority-owned professional and technical recruitment and staffing advisory organization.
We are comprised of specialized practices focusing on a variety of skill sets and industries. Having a depth and breadth of industry expertise, our subject matter experts are able to provide tailored and swift sourcing solutions to fulfill client hiring needs. In other words, we connect top talent with companies.
As a certified minority-owned business, Pride Global and its affiliates - including Russell Tobin, Pride Health, and Pride Now - are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.
Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.