TotalEnergies

Senior Accountant (Trading)

TotalEnergies Houston, TX

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Tristeon Moore

Tristeon Moore

Talent Magnetizer | Ex-Recruiter at LinkedIn | Published Author | Diversity & Inclusion Advocate

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, more sustainable, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all dimensions at the heart of its projects and operations to contribute to the well-being of people. At TotalEnergies, our ambition is to be a world-class player in the energy transition.


Job Description


Role Overview

We are seeking a Senior Trading Accountant to join our Finance team supporting our global energy trading organization, reporting directly to the Accounting Manager. This role involves analyzing trading system outputs, reconciling derivative hedging activities, preparing IFRS reporting packages, and ensuring accurate inter-company transactions. You will mentor junior accountants, lead process improvements, and drive automation initiatives. Your contributions will significantly enhance our team’s efficiency and effectiveness.



Responsibilities


  • Understand the trading system and Middle Office calculation of deal profitability and help to articulate the reasons why the desk results fluctuate relative to prior periods
  • Review trading system outputs prior to upload into the ERP system and work closely with Operations to ensure deals remain accurate and current.
  • Interface, analyze, evaluate, and reconcile the monthly derivative hedging activity.
  • Reconcile quarter and annual inter-company transactions between trading entities and other Total entities for Consolidation Reporting.
  • Aid in the preparation of the IFRS reporting packages, including note disclosures.
  • Respond to SOX related inquiries from management and internal/external auditors on a quarterly and yearly basis.
  • Work closely with the Tax Department and External Auditors on transfer pricing and understand the tax implications in relation to our business objectives for the entities located in three different countries.
  • Successfully build and maintain relationships with internal and external auditors to ensure audit requests are understood and responded to in a timely manner.
  • Evaluate and analyze Mark-to Market calculations presented by Middle office using an in-house trading system.
  • Aid in the review and analysis of tasks performed by the Trading Accountants, including the monthly TVM calculation, Inventory valuation, and accounting for RINs.

Dimensions

  • Works and interacts daily with members of the Finance/Accounting team and other members of the organization to accurately record financial information in the accounting ledger.
  • Ensures the accounting cycle is accurately completed on a daily, monthly, quarterly basis.
  • Works within four companies: Atlantic Trading & Marketing, Inc. (ATMI), Atlantic Trading & Marketing Financial, Inc. (ATMF), Total Atlantic Trading Mexico, S.A. de C.V. (TATM).
  • Business activities include Crude Trading, Products Trading, LPG, Biofuels, Shipping, and trading derivatives.


Required Qualifications

  • Bachelor’s Degree or higher in Finance and/or Accounting
  • 5+ years of experience in Finance and/or Accounting in the Energy Industry
  • Experience with or working knowledge of IFRS / US GAAP
  • Fundamental accounting skills such as: Revenue Recognition, SOX Control, General Ledger, Trial Balance, Balance Sheet, Income Statement, Cash Flow Statement, and account reconciliations
  • Proficient Microsoft Excel user


Preferred Qualifications

  • Experience with or working knowledge of Mark to Market accounting in the commodity trading business
  • Proactive and critical thinker who can identify opportunities for continuous process improvement.
  • CPA


What We Do


Every day, billions of companies and individuals use oil and gas to commute, work, heat homes and offices and perform many other activities. We buy and sell this oil and gas around the world. Our teams work to maximize the value of our products, secure supply to our refineries and transport energy to consumer hubs, all while managing the related financial and logistical risks. We are active in 120 countries where we deal with all aspects of oil and gas trading, including physical trading, derivatives and shipping.


An integrated energy operator with a global network

Marketing oil and gas all over the world at the right price means managing two important variables:

  • Financial markets and price risks linked to market volatility, which depend on a number of economic, geopolitical and even climate-related factors.
  • Arranging shipping from production areas to consumer hubs worldwide under optimal safety conditions and in a timely, cost-effective way.


To rise to these challenges, our trading & shipping teams around the world work in close collaboration with TotalEnergies' Upstream and Downstream business segments, forming a one-stop shop on oil and gas markets. This optimizes transactions and means that we are equipped to offer tailored solutions to a wide range of players, from producers, transporters and refiners to financial institutions and industrial firms.


We trade with an extensive global network of partners every day, affording us a highly diversified range of resources and supply sources to complement our production volumes. This maximizes the chances of selling both our own and our partner producers’ production while securing supply flows to our refineries and our distribution system.


Additional Information


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.


Equal Opportunity Statement


TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.

All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.

  • Seniority level

    Associate
  • Employment type

    Full-time
  • Job function

    Accounting/Auditing and Finance
  • Industries

    Securities and Commodity Exchanges and Oil and Gas

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