Senior Commodity Analyst
Resume:
Sala Mayers
Richmond, TX 77469
Professional Experience:
Sr. ISO Market Analyst 2019 to 2021
Calpine Corporation Houston, TX 77002
Perform Daily comparison of Allegro transaction data to nMarket data, and update Allegro as necessary for control purposes. This also includes a volumetric reconciliation as meter data becomes available to prepare for invoice processing.
Process ISO & Retail invoices timely to ensure settlement deadlines are met. Maintain an accurate forecast for A/R and A/P settlements, which includes providing any necessary support for cash management processes to ensure collections of revenue and/or ensuring payments were released timely.
Develop and maintain a detailed understanding of calculations and components of ISO charge types. Stay abreast of anticipated and actual changes to charge type calculations as result of market corrections and redesigns.
Be a recognized protocol expert for assigned ISO which requires participation on ISO market calls. Stay abreast of ISO current events that would have potential impact on future settlements, communicate those changes to other members of the ISO Business Team in a timely and effective manner.
Identify potential dispute opportunities with assigned ISO and work with other members of the Regional ISO Business Team to validate. Responsible for filing approved disputes with the ISO, and tracking the progress of filed disputes in a timely and effective manner.
Responsible for preparing month end estimates and closing the books, including ensuring that volumes and values are accurately reflected in Allegro and PeopleSoft as well as proactive identification of any issues. Also responsible for various monthly analysis and reporting.
Responsible for Estimate to Actual analysis using Estimate settlement data compared to ISO statements and providing detailed explanations for material PMA’s. Ensure that the general ledger is properly stated.
Identify system issues and enhancement opportunities for nMarket and Allegro. Work with IT support team and ISO Manager to prioritize, and take lead role in testing those system upgrades and patches prior to moving into Production.
Responsible for building and maintaining an effective working relationship with assigned ISO representative, as well as internal operational, and accounting personnel in order to proactively provide relevant information and resolve discrepancies timely and thoroughly.
Responsible for assisting other team members as needed including acting as a backup for other team members.
Senior Commodity Analyst 2008 to 2019
Calpine Corporation Houston, TX 77002
Actualize & reconcile multiple gas pipelines monthly based on EBB data, schedulers’ Excel spreadsheets as well as transportation invoices.
Reconcile monthly invoices of transportation and natural gas, storage and reservation, tying purchased and sold dekatherms back to the pipeline as well as confirmation of tariff pricing.
Prepare and distribute monthly Plant Cost Analyses for the Northeast and Southeast regions.
Records all oil purchases and sales for oil plants as well as process third party payments. Work with Traders and plant personnel to communicate deliveries within negotiated trade parameters.
Prepare monthly estimate and actuals regional G/L reconciliations noting significant variances.
Collaborate with IT to create system change requests in Allegro including documenting all processes to be used by all front, mid and back office employees.
Serve as subject matter expert for team on questions relating to the proper recording of commodity activity as it relates to actualization in Allegro, month end reconciliations, and margin analyses.
Coordinate ongoing modification and testing of Allegro reporting modules as it relates to actualization, inventory, cash forecasting, etc.
Perform quarterly variance analysis of performance for affiliates and prepare explanation of results that determine profit or losses.
Soley responsible for acquired retail company’s LDC and pipeline reconciliations and timely payments, working with retail company SVP, Traders/Schedulers, AP and IT to transition accounting functions.
Demonstrate effective leadership of company resources through use of timely and effective communication with internal groups including Gas Commodity Accountants, Managers, Directors, Schedulers, Traders, IT, Contracts Department, Deal Clearing, etc.
Prepare imbalance and storage reporting for management including corporate imbalance summaries, pipeline volume details, Allegro vs. General Ledger data, comparative financial analysis, dekatherm reconciliations, Weighted Average Cost Of Goods calculations to establish value for energy sales, monitoring imbalance levels and Lower of Cost or Market.
Provide analyses of estimate to actual performance, noting significant variances, their causes and recommendation for corrective action.
Record month end journal entries in accounting system as it relates to recording revenue, expenditures and balance sheet accounts.
Contract analysis to determine compliance with company performance against contract terms to ensure correct invoicing and charges.
Advise auditors after evaluating existing processes to enhance performance
Monitor and clear outstanding Accounts Receivable/Accounts Payable associated with pipelines.
Senior Commodity Accountant October 2006 to 2008
Calpine Corporation Houston, TX, 77002
Performed commodity accounting functions including the execution and settlement of third party and internal transactions, monthly financial reporting and general ledger/regional margin analysis using Nucleus commodity program, PeopleSoft accounting system and other systems.
Create, allocate and process Tags in internal market system.
Run imbalance and storage modules in Nucleus and record journal entries in accounting system to ensure the General Ledger reflects correct Nucleus and pipeline inventory levels.
Provided leadership among junior accountants while maintaining superior level of customer service to both external and internal customers, with ability to effectively disseminate information in a timely manner to other team members.
Responsible for recording monthly journal entries for revenue and expenditures for corresponding dekatherms in accounting system.
Senior Accounting Manager Houston, TX 77056
Stewart Title 2004 to 2005
Completed financial forecasts and budget planning for corporate office.
Performed annual trending manually for over 100 franchisees.
Completed monthly corporate financials.
Managed Team Leaders as direct reports in 4 groups conducting weekly meetings to asses group needs.
Conducting analysis of monthly, quarterly, and annual financial reports.
Education: University of Maryland, University College College Park, MD
B.S. Accounting May, 2002
Software:
Microsoft Office, PeopleSoft 9.0, Allegro, nMarket, Nucleus, Hyperion
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