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NextEra Energy Principal Financial Controller - NextEra in Houston, Texas

Principal Financial Controller - NextEra

Date: Oct 14, 2021

Primary Location: Houston, TX, US, 77002

Company: NextEra Energy

Requisition ID: 57235

is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

Position Specific Description

We are looking for a Sr Project Controller to join our stellar team. The ideal candidate will have 5 plus years of Oil & Gas property accounting experience with domestic on-shore operators as well as knowledge of Oil & Gas systems, specifically Excalibur and SAP. Additionally, excellent fundamental accounting skills, including hands on experience with general ledger reconciliations and experience with depletion rate calculations and impairment analysis. If hired, you will be responsible for all aspects of property accounting for multiple Upstream projects in Texas, Louisiana and Oklahoma. If you're a problem solver, love contributing to continuous process improvement initiatives then this is the role for you! Come join our successful team today!

Job Duties:

  • Responsible for all property accounting processes for a portfolio of projects with investments in Upstream oil and gas assets

  • Monthly accounting close, including review or preparation of journal entries, account analysis and reconciliations.

  • Oversee several aspects of the Upstream property accounting SOX review, design and effectiveness

  • Prepare and review timely and accurate management reports and support external reporting requirements (e.g., 10K, 10Q, etc.)

  • Work closely with other accounting personnel, business managers, operations, reservoir engineering, and the corporate financial reporting team to ensure the proper accounting, consolidation and reporting of all assigned projects

  • Prepare and review monthly accrual vs. actual variance analysis for capex and operating expenses

  • Support internal and external audit requests for assigned projects

  • Other duties as assigned

Preferred Skills:

  • Certified Public Accountant (CPA)

  • Master’s- Accounting / Finance

  • 5 years of Oil & Gas accounting experience with a focus on Property / Fixed assets, Impairment analysis and Depletion calculations.

  • Excellent fundamental accounting skills; hands on experience with general ledger reconciliations

  • Knowledge of Oil & Gas Systems specifically Excalibur or Bolo, SAP PRA and SAP Financial

  • Ability to work in a fast paced environment, manage multiple tasks and meet short deadlines

  • Ability to demonstrate initiative and interact effectively with others in a team environment

  • Ability to communicate effectively (oral and written)

  • Advanced Excel skills

  • Problem solving and analytical thinking as necessary to accomplish accounting objectives

Job Overview

Employees in this role are responsible for performing key financial functions for an assigned portfolio of electric generating facilities, including internal and external reporting, budgeting and forecasting, business analytics, and certain aspects of the monthly close process and treasury functions. Individuals provide effective, timely, and actionable financial information and business analytics on the facilities in their portfolios including monthly, quarterly, and annual reporting and analysis on the financial performance of the electric generating facilities, treasury management, as well as ad hoc reporting and analysis as required. Employees in this position apply strong analytical skills to identify and evaluate operational and business issues that impact financial performance and effectively communicate the results to various stakeholders, including business partners in other areas of finance as well as senior management and outside investors. Individuals in this role act as subject matter experts on complex topics and provide mentorship to others within the organization.

Job Duties & Responsibilities

  • Prepares and analyzes monthly forecasts, including the evaluation of assumptions, to ensure effective, timely, and actionable financial information

  • Prepares timely and accurate internal and external operating reports, and other discrete reporting as required by financing and partnership agreements

  • Develops and maintains complex financial models for financings and partnerships, including due diligence support and pro forma development

  • Provides high-quality analytics and valuable variance commentary on actual and forecasted financial information

  • Prepares ad hoc financial analyses, reports and models as required (scenario/impact analysis on potential transactions and business decisions)

  • Prepares presentations for third-party lenders/investors

  • Participates in special projects such as software implementation initiatives and process improvement/Six Sigma projects

  • Performs other job-related duties as assigned

Required Qualifications

  • Bachelor's - Accounting / Finance/ Business

  • Experience: 7+ years

Preferred Qualifications

  • Master’s - Accounting / Finance

  • Certified Public Accountant (CPA)

  • Chartered Financial Analyst (CFA)

Employee Group: Exempt

Employee Type: Full Time

Job Category: Finance, Accounting & Business Analytics

Organization: NextEra Project Mgmt

Location: Houston, Texas

Other Work Locations: Texas

Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

If you require special support or accommodation while seeking employment with NextEra Energy, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies . Please see ourfor more information.

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