Total Energies
Candidate Profile
- Undergraduate degree or equivalent in Engineering, Mathematics, Finance or Energy required.
- 2-3 years’ experience in the Gas and Power markets with a high data analysis component.
- Understanding of the North America power industry
- Strong operational and modelling skills with the ability to implement those using commonly used tools – Alteryx, Python and PBI.
- Strong analytical capabilities, especially in energy markets and in a broader economical field.
- A team player who works well with internal team(s), partners and external stakeholders.
- Ability to work autonomously while being well organised.
Activities
- Ensuring allocation data is received in a timely manner and communicating to TSO/TDS on allocation issues while verifying data accuracy daily and proper reflection in trading system.
- Provide support to the organization’s physical integration in current and new North America power markets. Scope includes implementation of new power contracts, market rules, ISO protocols and trading systems of relevant market areas including ERCOT, CAISO and PJM;
- Help to manage the REC settlement process and reporting requirements through close coordination with power trading desk, Middle Office and Back Office;
- Reconciling group affiliated contracts and booking of actualization of contract into trading system ahead of settlements.
- Report and explain any P&L impact to Middle Office.
- Produce key performance measures around imbalances of assets and TGPNA short-term activities that will be used for back testing of commercial contracts pricing.
- Liaison with Trading Systems and IT departments in the development and testing of new operational systems and tools. Scope includes the supervision of the operational systems, ensuring good working order to enable the uninterrupted operational performance;
- Monitor power markets and industry developments and assess impact on current and potential organizational activities related to data management;
- Support the power operators and traders as the first point of contact for operational queries and new technical developments as needed. Scope includes providing all necessary reports and statements supporting all power activity;
- Verify and validate the accuracy of all producer, gathering and downstream pipeline settlement documents associated to the assigned shale play. Initiate and manage dispute resolution issues with producers, gatherers and downstream pipelines. Spearhead cost entry in the organization’s ETRM system (BOOK) and associated settlement tasks;
- Ensure the accurate recording of physical gas transactions within the organization’s ETRM system (BOOK) and auxiliary system tools (netback models). Scope includes verifying and validating the accuracy of assigned shale play, gathering systems and downstream pipeline statements;
- Prepare monthly and prior period adjustment (PPA) netback settlements. Scope includes liaising with Front Office on sales results; Middle Office on PnL validation and Back Office on successful invoice issuances;
- Review and stay current on relevant producer, gathering and downstream pipeline contracts associated to assigned shale play. Ensure all settlement models and tools are maintained with contractual costs and pricing structures;
- Provide assistance to the Accounting team with aged debt reporting and resolution and analyzing accruals that are directly impacted by the netback settlement process;
- Maintain strong working relationships with the assigned shale play producers, gathering and downstream pipeline facilities. Scope includes netback methodology guidance, ad hoc inquiries and upper management presentation support;
- Producing reports for internal and external stakeholders for purposes such as regulatory reporting, customs and contract reviews.
Context & Environment
About the company:
TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.
Our Culture:
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.
Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.
We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.
To apply for this job please visit totalenergies.avature.net.