P&L Analyst

Global Partners LP Waltham , MA 02154

Posted 1 week ago

Job Description:

Global's business continues to grow and expand and the company is looking to add personnel to develop the risk management function. The P&L Analyst will be a member of the Risk Department and work closely with front office staff (traders, marketers, schedulers) providing profit & loss, risk, and position analysis for Global's commodity business.

Essential Job Duties and

  • Preparation of Daily/Monthly analysis of mark to market profit & loss and position related to one or multiple lines of Global's commodity business.

  • Work with trading supply, scheduling, and marketing personnel to reconcile/investigate changes daily or as required.

  • Take ownership of the daily P&L and position reporting and be able to clearly articulate reasons for changes to traders and management.

  • Deliver timely, accurate analysis and reporting to management.

  • Assist in the development and implementation of processes and procedures to enhance the team's contribution to the greater organization.

  • Understand risk policy and procedures, communicating compliance issues to Risk Management.

  • Create ad-hoc analysis and reports as required using RightAngle ETRM system / Excel.

  • Reconcile daily and monthly trading activity to clearing broker statements.

  • Assist in the gathering of data to satisfy requests made by regulatory agencies and auditors.


Minimum Required Qualifications:

  • Bachelor's degree in Finance/Accounting/Economics.

  • 0 to 2 years of analysis/reconciliation experience. Prior experience in the Oil and Gas industry and general knowledge of commodity trading concepts preferred.

  • Excellent analytical skills and real-time problem solving ability.

  • Advanced Excel skill and proficiency in manipulating large data sets.

  • Able to effectively work in a trading floor environment, which is fast paced and, at times, distracting.

  • Advanced communication and interpersonal skills with strong work ethic; results oriented, creative and works well in a team environment. Must possess high degree of professionalism, adaptability, integrity, attention to detail, and commitment to confidentiality.

  • Experience using ETRM systems (Right Angle, Endur, Allegro, Triple Point) preferred.

We are an equal opportunity employer. We consider applications for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, sexual orientation, citizenship status, genetic information or any other legally protected status.

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P&L Analyst

Global Partners LP