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Senior Advisor Revenue Accounting Operations Back Office (m/f/d)

Statkraft
Norwayfull_timeVerifiedPosted 25 Aug 2023

About the role

<h3>Company Description</h3><p><strong>Why Statkraft?</strong><br/> Statkraft has been making clean energy possible for over a century. That is what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we do not see renewable energy as part of the solution – we believe it must be the solution. With us, you will shape a career that is truly forward-facing with many amazing opportunities and offerings to match.</p><p><em>But there is more work to be done – that is why we need you to join us.</em></p><h3>Job Description</h3><p>Market Operations and Risk (MR) is the hub of all operations supporting our Trading &amp; Origination activities and Asset Management for Europe &amp; US.  The department is responsible for all processes and operations in the Back Office Europe &amp; US, Risk Management, New Products &amp; Investment Support, and the Digitalisation Office. MR’s responsibility is to ensure accurate and high-quality results in all operational activities to support Statkraft’s growth ambitions.</p><p><strong>Your unit:</strong><br/> You will be part of a multi-national team in the Business Area Markets, with back- office colleagues based in Oslo, Düsseldorf, Amsterdam, London and Tirana. Back Office is the process engine for commercial transactions for Trading and Origination, and has responsibility for validation of the transactions, clearing and collaterals, contract settlements, billing, accruing, revenue accounting and EU regulatory reporting centrally for all trading &amp; origination transactions across Europe and the US.</p><p>The Revenue Accounting department is overall responsible, executing the process manager role for revenue accounting operations of all physical and financial products in Back Office. This includes ensuring the delivery of quality assured net operating revenues and realised PnL input into the financial reporting process and to external stakeholders including NVE and SSB. In a quick and changing environment we are building the bridge between our operations and Finance units.</p><p>The position is based in Oslo, Norway or potentially other Back Office location.</p><p><strong>Your role:</strong><br/> The Senior Advisor role is a cross-functional key role for Back Office Revenue Accounting Operations Europe and US activities. The chosen candidate will represent the department on prioritised Revenue Accounting topics in Business Areas Markets and Nordics and support initiatives within Legal Entities, Segments and other Business Areas that the department supports.</p><p>The position is reporting to the Head of Back Office Revenue Accounting Operations Europe &amp; US. This role will be instrumental in the further development and harmonisation of Back Office Revenue Accounting Operations’ processes and systems for Markets in Europe, working closely with the Nordic and Continental/UK Back Office teams and co-operating with key stakeholders in the Risk &amp; Operations and Finance organisations.</p><p>As Senior Advisor Revenue Accounting Operations, you will:</p><ul><li>Lead process improvements and in-line initiatives in the Back Office Revenue Accounting Operations area (MRBR). Collaborate and contribute to projects driving improvements, harmonisation and standardisation of processes across geographical locations and legal entities, ensuring stakeholder alignment.</li><li>Drive development and improvements of Business Intelligence systems (ex. SAP BW, SAP Analytics Cloud) to support month-end process and PnL reconciliation.</li><li>Participate in and continuously improve month-end processes including inventory calculations, accruals, reconciliations and controls ensuring correct and timely reporting to internal and external stakeholders.</li><li>Lead and contribute to PnL reconciliation of Net operating revenues between Performance Management and Accounting (IFRS) figures to ensure overall correctness and completeness.</li><li>Operationalise and lead implementation of new requirements and internal controls in response to changes in financial reporting standards, legal frameworks and market conditions.</li><li>Contribute as a change agent to cross-teams implementation and development of Operational Excellence practices and methodologies.</li><li>Steer New Product Approval and Implementation (NPAI) process in Revenue Accounting Operations.</li><li>Create and maintain user documentation for routines, processes, and tools.</li><li>Some travel to our different locations will be required.</li></ul><h3>Qualifications</h3><p><strong>Your profile:</strong></p><ul><li>Master’s degree in Economics, Finance, Accounting or similar.</li><li>Relevant work experience (international exposure is an advantage).</li><li>Knowledge of energy markets and commercial mindset. A good understanding of activities and products handled within the Back Office area is an advan

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Company

Statkraft

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