Credit & Cash Management Analyst

Tenaska • Irving, TX

2d

About The Position

The Credit and Cash Management Analyst monitors the daily trading activities to ensure adherence to credit and cash management policies and procedures. They will also analyze counterparty financial statements and prepare formal credit reviews of counterparties to recommend credit limits to management.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, Business or another related field and 2-5 years relevant work experience; however, additional work experience may be accepted in lieu of a degree
• Problem solving skills, ability to use logic and analysis to identify the strengths and weaknesses of different approaches, distinguish trends and impacts, and identify causes and effects
• Basic knowledge of Microsoft Office applications (Word, Excel, Power Point, Access, etc.)
• Ability to prioritize assigned projects and tasks
• Must have strong customer service, time management, and written/verbal communication skills
• Applicants must be authorized to work for any employer in the U.S.
• The Company is not able to take over sponsorship of an employment visa at this time for this position or commit to doing so in the future for individuals with current authorization to work via, for example, CPT or OPT, and would need sponsorship in the future.

Nice To Haves

• Prior experience in financial statement analysis
• Advanced knowledge of Microsoft Excel
• Understanding of the wholesale and/or retail electricity industry
• Programming experience, particularly with VBA and/or C#

Responsibilities

• Make and respond to daily margin/collateral requests
• Evaluate counterparties’ financial condition to determine creditworthiness and recommend credit limits
• Monitor trading activity in relation to credit limits and contractual terms
• Process payments and manage reporting on controlled accounts utilized for collateral
• Assist in contract negotiation and documentation
• Administer delivery and receipt of credit support documents (letters of credit, guarantees, etc.)
• Update trading and credit systems to ensure accuracy of data and reports
• Run, review, and distribute credit risk reports
• Various other projects as assigned

Benefits

• Health, dental, vison, disability, and life insurance
• Excellent 401(k) plan
• Incentive-based, competitive salary packages
• Health/dependent care flex accounts
• Tuition assistance
• Long-term disability coverage
• Adoption benefits
• Employee assistance program
• Paid vacations and holidays
• Charitable giving program
• Paid maternity/paternity leave
• Wellness programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level