Job Descrition

About Us

At SoCalGas, we believe that every Californian deserves a resilient energy future. We are working to achieve that future by empowering California to reach its sustainability goals through innovation, collaboration, and decarbonization. As our state's energy needs change, we will be there providing reliable energy that is clean, safe, and affordable to our 22 million customers.

In addition to helping shape the future of hydrogen technology and clean energy, as an employee of SoCalGas you'll also enjoy an aggressive total compensation plan, multiple upward mobility opportunities and the ability to find a true work life balance. We also strive to reflect the communities we serve by attracting top talent and maintaining a diverse workforce. To discover more about how rewarding it is to work here, we invite you to visit these pages on our website:Our Mission;Diversity,Equity and Inclusion,Sustainability,In the Community, andEmployee Benefits.Join SoCalGas today to share in our mission to build the cleanest, safest, and most innovative energy company in America!

Primary Purpose

Coordinates negotiations and administration for the Gas Acquisition department's contracts related to natural gas, renewable natural gas, Secondary Market Services, financial products, California carbon allowances/offsets, and Low Carbon Fuel Standard (LCFS) credits. Prepares information required for Gas Acquisition operations to be in compliance with the company's internal controls and policies; and CPUC, FERC, SEC, CFTC, CARB, CBP and DOE regulations.

Duties Responsibilities

• Negotiates new natural gas purchase/sale, renewable natural gas purchase/sale, SB1440 Contracts, Secondary Market Services, ISDA, Cap and Trade product and LCFS credit sale master contracts as requested by Gas Acquisition trading managers. Coordinates with the Law and Credit Departments to reach agreement on acceptable terms with counterparties.
• Administers all natural gas purchase/sale, renewable gas purchase/sale, SB1440, secondary market services (park, loan, exchange), interstate transportation, ISDA, Cap and Trade products, LCFS credit sale, and brokerage services contracts, This includes developing amendments and assignments of existing contracts; enforcing force major, credit and non-compliance provisions when necessary; and processing payment instructions, contact and other changes requested by counterparties. Coordinates with the Law Department to ensure compliance as to legal form.
• Develops monthly and annual analyses and prepares reports for the Gas Cost Incentive Mechanism, including Benchmark calculations and variance analyses.
• Serves as liaison between users and information system support personnel to resolve system problems and identifies modifications/enhancements necessary as business and operating requirements change.
• Maintains database for all energy related transactions, including updating pipeline transportation, fuel shrinkage rates, monthly published price indices, NYMEX settlement prices, and supplier information etc. to ensure accuracy of transaction records.
• Prepares information on Gas Acquisition transactions as required by FERC, ARB, CPUC, SEC, CBP, SOX regulations. This includes information used in preparing the company's Form 10Q, 10K, FERC Forms 2 and 552, Affiliate Compliance reports.
• Performs other duties as assigned (no more than 5% of duties).

$96600 -$144900 / year

#scgjobs

Qualifications

Education

• Bachelor's Degree Business Administration, Accounting, Finance, Economics, or equivalent training and experience. Required

Experience

• 2 Experience in business law, internal auditing/controls, and information systems. Required

Knowledge, Skills Abilities

• Proficiency in Microsoft Excel and Word required.
• Strong written communication and reading comprehension skills are required.
• Knowledge of energy industry and business law is highly desirable.

Other Qualifications

• Southern California Gas Company will consider for employment all qualifiedapplicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act.

Total Rewards Philosophy

SoCalGas strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education.

SoCalGas offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as other merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.