drjobs Financial Analyst 2

Financial Analyst 2

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1 Vacancy
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Job Location drjobs

Rosemead, CA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

MW Partners is currently seeking a Financial Analyst to work for our client who is a wellknown leading utilities company.

Responsibilities and duties:

  • 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

Requirements:

  • C. Bachelors Degree
  • Three or more years of experience in an analytical role.
  • Bachelors Degree or higher in Business Accounting Economics or related field
  • Proficiency with Microsoft Suite applications such as Excel Word and PowerPoint
  • Ability to quickly learn software systems

Desired Skills:

  • Experience with energy contracts risk management related to energy procurement or the CAISO market
  • Knowledge of accounting processes and procedures
  • Experience with macros and database queries
  • Knowledge of Entegrate Endur or other commodity trading systems
  • Experience with SAP or similar enterprise wide ERP system
  • Strong verbal/written communication and interpersonal skills
  • Ability to effectively work in a fastpaced environment
  • Ability to follow Edison Safety protocols and principals

For a confidential discussion or to find out more contact Rucha Swain onor apply now.

Employment Type

Full Time

Company Industry

About Company

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