Business Controller

Business Controller Cluster RMS (BP Clients & BP Market Access) - CEE Centralization

Location: Paris (Teams Bi-located Paris & Brussels )

About US

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 Groups and clients production assets and designs tailored energy solutions for our 200000 professional clients and 15 million consumers.

The Global Business Unit Supply & Energy Management leverages ENGIEs 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 10000 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 role is being opened in a context of transformation of the CEE operating model.

The objective is to support the progressive centralization of the management of CEE stocks and obligations within BP Market Access / Cluster RMS in coordination with BP Clients and the relevant stakeholders across Front Office Risk Accounting Back Office IT and business teams.

This transformation raises several key finance and controlling challenges:

• securing the economic and accounting representation of CEE positions;
• organizing the transfer of obligations from commercial entities to Market Access;
• clarifying the distinction between stock obligation transfers inception adjustments destruction / stock-out;
• ensuring the consistency between front-office view accounting view and physical/register view;
• defining and monitoring a robust valuation framework;
• building reliable eco/accounting bridges and strengthening financial controls;
• contributing to the target operating model and to the related IT/architecture roadmap.

This position is therefore at the crossroads of business controlling middle-office finance accounting coordination and process design.

Role

The role combines three dimensions:

1. Business Controller

You will contribute to the monthly closing reporting budget/forecast exercises and financial analysis on the Cluster RMS perimeter with a dedicated focus on CEE activities.

2. Middle-Office / Economic P&L Controller

You will monitor the economic P&L generated by Front Office / Market Access activities challenge the valuation and explain the variations observed.

3. Finance Process Owner for CEE Centralization

You will help design formalize and secure the finance processes related to the centralization of CEE stock and obligations across BP Clients and BP Market Access.

Main responsibilities

1. Support the centralization of CEE stock and obligation management

• Contribute as applicable to the preparation and execution of Day 1 migration including initial setup data alignment and transition support.
• Contribute to the design and implementation of the target model for the centralized management of CEE obligations and stocks within Cluster RMS.
• Help formalize the transfer process of obligations from commercial entities to Market Access.
• Clarify and document the lifecycle of CEE positions including:
• inception / booking
• transfer between portfolios/books
• stock in
• stock out / destruction
• inventory adjustments
• end-of-period treatment.
• Participate in defining the respective roles of BPs SPM Accounting Risk Back Office and IT.
• Contribute to the governance and validation steps required to secure the target process.

B. Monitor economic P&L and valuation of CEE activities

• Follow and validate the economic P&L related to CEE and associated environmental products / positions.
• Analyze P&L movements and explain variations with Front Office and business teams.
• Challenge the valuation methodology used for obligations and stock:
• market price vs contractual price
• treatment of timing effects
• treatment of late adjustments and updates
• consistency with accounting principles.
• Assess the impact of portfolio structure transfers and booking choices on reported results.
• Support the production of robust business reviews dashboards and management analyses.
• Contribute where relevant to P&L framing initial calibration and reconciliation activities notably in the context of new setups or migrations.

C. Secure accounting consistency and closing process

• Contribute to the monthly closing for the Cluster RMS perimeter on CEE-related topics.
• Review and challenge accounting entries linked to CEE stock obligations and transfers.
• Ensure consistency between:
• economic P&L
• accounting P&L
• balance sheet positions.
• Build and monitor eco/accounting bridges and investigate unexplained deltas.
• Support the definition and validation of the relevant accounting schemes notably for:
• stock recognition
• obligation recognition
• transfer between portfolios / universes
• destruction / stock release
• netting / inventory adjustments.
• Coordinate with accounting teams to ensure the proposed process is robust from an IFRS / local GAAP perspective.
• Contribute to the definition and production of any required regulatory reporting related to CEE activities if applicable.

D. Strengthen control framework and reconciliation

• Help define a reliable control framework for CEE activities.
• Contribute to the reconciliation between:
• operational / tool positions
• accounting stock and obligations
• physical / registry positions.
• Support the structuring of a triple reconciliation approach between tools accounting and external registers.
• Identify current weaknesses in stock reliability accounting representation and break analysis.
• Propose and implement controls to improve traceability auditability and financial robustness.

E. Document flows processes and target operating model

• Produce or coordinate the production of clear process documentation and flow mappings.
• Translate business discussions into finance-operating language usable by Accounting Risk and IT teams.
• Help formalize:
• booking logic
• transfer events
• input/output data
• valuation drivers
• reconciliation points
• accounting trigger events.
• Contribute to the definition of the target operating model and to the articulation between business needs and IT architecture.

F. Interface with IT / digital / transformation teams

• Express business and finance requirements for the evolution of tools supporting the CEE activity.
• Work with IT / Finance IT / architecture teams to assess solutions for:
• stock tracking
• obligation monitoring
• valuation
• reconciliation
• accounting interfacing.
• Participate in testing challenge functional designs and ensure the delivered solutions meet finance needs.
• Contribute to the digitalization and automation of recurring controls and reporting.

Key stakeholders

To fulfill your missions you will work in close collaboration with:

• Front Office / Market Access teams
• BP Clients teams
• Supply / SPM teams
• Accounting teams
• Back Office
• Risk / Market Risk
• Finance transformation / IT / Architecture teams
• and other finance stakeholders involved in CEE monitoring and reporting.

Expected deliverables

The Business Controller will notably be expected to contribute to:

• a clear and validated description of the CEE stock and obligation lifecycle;
• robust monthly reporting and P&L analysis on the CEE perimeter;
• reliable eco/accounting bridges;
• documented and validated accounting schemes;
• strengthened stock / obligation / registry reconciliation processes;
• improved visibility on timing differences inventory adjustments and destruction events;
• formalized business requirements for process/tool improvements.

Profile

Education

• Masters degree in Finance Accounting Economics Engineering or equivalent.

Professional experience

• Significant experience in business controlling product control audit accounting or energy finance.
• Experience with environmental products / certificates / stock accounting / reconciliation topics would be a plus.

Skills

Technical / hard skills

• Knowledge of finance processes in commodity / energy environments.
• Ability to analyze interactions between economic view and accounting view.
• Strong Excel skills.
• Good command of SAP; knowledge of trading-oriented systems is a plus.
• Strong proficiency in data analysis tools including Power BI (or equivalent reporting tools).
• Ability to code in Python (data analysis automation reconciliation or financial modeling use cases).

Core competencies

• Strong analytical and synthesis skills.
• Ability to connect business finance and operational issues.
• Rigor and attention to detail.
• Proactivity and ownership.
• Capacity to work in an evolving environment with multiple stakeholders.
• Strong communication skills and ability to challenge constructively.
• Team spirit and collaborative mindset.

Languages

• Fluent in French
• English : full professional proficiency

Why join this role

This position offers a unique opportunity to:

• work on a high-visibility transformation topic at the intersection of finance business and operations;
• contribute to the structuring of the CEE target operating model;
• play a key role in improving the robustness of stock obligation and accounting monitoring;
• interact with a wide set of stakeholders across Front Office Finance Risk and IT;
• combine operational finance transformation and strategic process design.

Why join us

Diversity & Inclusion

If you meet these requirements then you are the talent we are looking apply now with your CV.

At ENGIE S&EM we are committed to fostering agender-neutral and inclusive environmentwhere everyones potential can thrive.

All our positions are open topeople with disabilities. If you need any reasonableaccommodationsduring the recruitment process please inform your recruiter we will be happy to support you.

About ENGIE

ENGIE is aglobal leader in low-carbon energy and services committed to accelerating the transition towards acarbon-neutral world. Our purpose (raison dêtre) is clear: act to reduceenergy consumption and develop cleaner more sustainable solutions that balanceeconomic performancewith apositive impacton people and the planet.

We rely on our core businesses gas power renewable energy and services to deliver competitive tailored solutions to our customers worldwide.

With96000 employeesand a strong network of partners and stakeholders ENGIE is more than a company: we are acommunity ofImaginative Builders working every day to createharmonious sustainable progress.

Employment Type : Full-Time
Experience: years
Vacancy: 1