Middle Office Fuel Accounting Professional

Wawa, Inc.

14d

About The Position

The Middle Office Fuel Accounting Professional plays a critical role in supporting trading operations by ensuring accurate trade capture, risk monitoring, and compliance with internal controls. This position serves as a key liaison between Front Office, Back Office, Legal, and IT teams, driving operational excellence and mitigating risk across the organization.

Requirements

Ability to work well individually as well as in a team environment
Excellent oral and written communication skills
Excellent customer service skills
Ability to work with little or no supervision
Detail oriented and strong organizational skills
Strong analytical and problem solving skills
Ability to handle multiple projects
Excellent interpersonal skills
Lead others without direct authority
Proven self-starter with demonstrated ability to make decisions
Ability to learn the use of specialized applications (MarketView, RightAngle)
Ability to interface effectively across job levels, functions and departments
Bachelor’s degree in Finance, Economics, Accounting, Math or related field preferred
Three to five years of business experience
Solid understanding of energy markets and derivative instruments.
Proficiency with Microsoft Office (including advanced Excel formulas)

Responsibilities

Apply a data-driven, analytical approach to review trade activity, identify issues, and resolve problems in real time.
Contribute to cross-functional initiatives involving Front Office, Back Office, Legal, and IT teams to enhance operational efficiency.
Maintain and update policies and procedures governing Middle Office functions on a periodic basis.
Coordinate and execute monthly, quarterly, and annual testing requirements for Internal and External Audit.
Manage and maintain databases for market price curves and holiday calendars to ensure accuracy and timeliness.
Prepare and validate the weekly Mark-to-Market (MTM) report; ensure accuracy and distribute to Front Office stakeholders.
Perform daily P&L attribution checks to validate changes and ensure accuracy prior to MTM report distribution.
Monitor risk limit thresholds, investigate potential breaches, and escalate findings to the Compliance Officer as required.
Administer term contract documentation and schedules; track actual liftings against commitments to ensure compliance.
Verify deal confirmations for physical clean products and financial instruments; audit trader entries for accuracy.
Prepare and issue confirmations for all executed bulk sale deals; ensure counterparties have current general terms and conditions.
Communicate professionally with approximately 60 counterparties to request or deliver documentation promptly.
Ensure receipt of confirmations within two business days of bulk sale execution; follow up with counterparties and traders for discrepancies or system updates.
Demonstrate comprehensive knowledge of linear and non-linear energy derivatives (futures, options, swaps) and associated trading strategies.
Crosstrain on inventory valuation and reconciliation processes to strengthen business continuity and team resilience.