About the position
The Sr. Associate Marketing Settlements position is based in Houston, Texas, and is part of the Accounting, Finance, and Tax department. The role involves matching counterparty invoices against confirmed trade activity recorded in RightAngle, investigating and resolving invoice discrepancies, and gathering documentation for PWC audit requests and SOX compliance. The position requires a keen understanding of settlement matters and involves performing complex balance sheet account reconciliations within SOX-prescribed deadlines. The individual will also be responsible for articulating complex settlement issues to the NGL Marketing team and outside counterparties, interfacing with multiple departments, and performing ERP User Acceptance and End-to-End Testing as needed.
Responsibilities
- Match counterparty invoices against confirmed trade activity (volumes, pricing, dates) recorded in RightAngle.
- Investigate and resolve invoice discrepancies by working closely with traders, schedulers, and counterparties.
- Gather and validate documentation relating to PWC audit requests and SOX compliance.
- Perform complex balance sheet account reconciliations within SOX-prescribed deadlines.
- Articulate complex settlement issues verbally and in written communications to NGL Marketing team and outside counterparties.
- Interface professionally with multiple Targa departments, clerical and management personnel, and outside parties on matters dealing with NGL marketing settlements.
- Research settlement issues, perform root cause analyses, and monitor, facilitate and follow up on actions needed/taken by counterparties and/or internal Targa groups to resolve issues.
- Perform ERP User Acceptance and End-to-End Testing as needed (Right Angle).
- Other duties as assigned.
Requirements
- At least 5 years of experience in a SOX controlled accounting environment.
- At least 3 years of experience processing high volume PO transactions.
- Knowledge of basic accounting terms and processes, including debits, credits, and journal entries.
- Attention to detail and ability to resolve discrepancies under tight deadlines.
- Regular and reliable attendance.
Nice-to-haves
- Knowledge of the ORACLE Financial Cloud AP module.
- Strong understanding of invoice processing and AP controls in a marketing or energy trading environment including researching payments in RightAngle.
- Associates Degree.
