Business Controller

Business Controller - Gas, Power, Green Certificates

 

��Location: Paris - La Défense

 

About ENGIE and Supply & Energy Management:

 ENGIE, a global leader in low-carbon energy and services, relies on its Global Business Unit Supply & Energy Management (GBU S&EM) to provide reliable, sustainable, and affordable energy to all its customers. This strategic unit optimizes the Group’s and clients’ production assets and designs tailored energy solutions for our 200,000 professional clients and 15 million consumers.

The Global Business Unit Supply & Energy Management leverages ENGIE’s assets to deliver secure and sustainable energy to its B2B and B2C customers. It uses its expertise in energy management to provide decarbonized electricity 24/7.

Joining Supply & Energy Management means becoming part of a team of over 10,000 passionate experts spread across 20 countries, all united by a shared mission: shaping a greener and more efficient energy future. Together, we push the boundaries of innovation to deliver decarbonized energy 24/7. Join us and be part of those shaping the energy of tomorrow!

Context

The France BtC Finance division is hiring a Business Controller who will work on the perimeter covering the Group’s BtC supply activities in France.

The Finance and Operations (FinOps) team has the responsibility to monitor the P&L of the Energy Management and Supply team (EMS) and ensure a correct reporting (IFRS and local GAAP) of its results.

The EMS Team’s role is to guarantee the physical sourcing in gas, electricity and green certificates of ENGIE’s supply entity France BtC.

The opened position covers the full aspects of the activity for the supply businesses, namely:

• Sourcing of gas and electricity quantities to be supplied to BtC customers
• Hedging of volume and price risks embedded in ENGIE’s customer portfolio
• Purchase and reinvoice of gas and power transport capacities to the supply entities
• Purchase of certificates (Guaranty of Origin, Guaranty of Capacity, ETS2, CEE…) for the supply entities

The role of the Controller is twofold:

• A role of “Middle-Officer”, focused on the daily monitoring of P&L and Cash Flows generated by the Front Office
• A role of “Business Controller”, focused on the monthly financial closures, budget exercises, balance sheet control and internal control.

Role

You will be involved in the P&L monitoring of the EMS France BtC:

• Follow and validate on a daily basis the economic P&L with the Front-Office, report and explain the variations observed
• Have recurrent exchanges with Front-Office teams to ensure a sound understanding of portfolio structures, modelized assets and hedging strategies
• Ensure that the reported results are compliant with accounting principles
• Support the deals’ management throughout their lifecycle: discuss deal validation rules, follow invoicing issues in collaboration with the Back-Office

Monthly closing of accounts:

• Control the accounting entries in SAP
• Control the consistency between the economic P&L and the accounting P&L: building of eco-accounting bridge and investigation of unexplained deltas

Preparation of Monthly Dashboards and Business Reviews:

• Support the preparation of the accurate information and business reporting
• Analysis of YTD results and Best Estimates through several Key Financial Indicators (Gross Margin, Cash Flows, WCR) with the contribution of the Front-Office

Mid-Term Planification: validation and valuation of business assumptions with supply entities and Front-Office teams

Digitalization and change management: express business needs, test and provide feedback to IS teams on the softwares developed to support our processes

To fulfill your missions, you will work in close collaboration with Front-Office teams and also have regular contacts with Back-Office, Accounting, Risk teams and Finops BtB colleagues. You will notably have to:

• Handle accounting topics relating to products used for market finance such as hedges, options, etc.
• Understand the energy supply chain of gas and power
• Work on a trading oriented system

Travels

The position is located in Paris.

About you

Hard skills