Emera Energy

Established in 2002, Emera Energy (EE) is a wholly owned subsidiary of Emera Inc. and has the first and only full service energy marketing operation in Atlantic Canada. EE brings a diverse and specialized level of expertise in gas and power to clients, with a customer portfolio that includes energy producers, wholesalers, distributors, marketers and utilities. While EE participates in both physical and financial markets, its strategic focus is that of a physical, low-to-medium risk shop with primary trading commodities being natural gas and electricity. EE’s primary commercial focus is the contiguous Northeastern markets including the Maritimes, Quebec, Ontario, New England and New York.

With a relatively flat management structure, EE has approximately 30 staff that includes a Front Office, Middle Office and Back Office. This structure is consistent within our industry and ensures there is a clear separation of responsibilities. The Front Office transacts the company’s commercial activities; the Middle Office ensures proper governance and risk management; the Back Office is responsible for finance and accounting. 

Located in downtown Halifax, EE has a high paced, dynamic environment. The office has an open design to encourage and facilitate easy and immediate information exchange. With customer relationships and its entrepreneurial spirit core to its success, the environment is collaborative and supportive to those in front-line delivery positions. Unique in its culture, “work hard, play hard” would definitely apply.

EE senior management regularly engage in succession planning to ensure plans are in place to develop key personnel and that required training and development activities are taking place across the business. Employees at all levels are encouraged to bring new ideas to the business and the management team makes efforts to regularly recognize talent and efforts. 


Role Description: Energy Analyst

This role has been specially designed for the MBA Corporate Residency Program to provide a broad introduction to the energy trading and marketing business that includes rotations in key areas of the company. The role will provide the individual with an essential foundation while making a key contribution by supporting the commercial activities of the business.

Responsibilities

Support to the Gas and Power commercial teams, including assisting with:

  • Modeling and analytic support to Gas and Power Originators in the new business development process.
  • Support to the Power Desk team that includes the power dispatch plans and asset management of traditional and intermittent generation sources. 
  • Analytic and modeling support to the Gas trading team.
  • Gathering and interpretation of industry information as key inputs to EE senior management quarterly strategy meetings.
  • Analytic and research assistance relating to the development of EE’s environmental trading strategy.

Support to Emera Energy’s Back Office settlement, accounting and reporting activities, including assisting with:

  • Tracking, recording, reconciling and reporting of purchases and sales of power.
  • Validating external supplier invoices via reconciliation with Emera Energy’s electronic deal capture system. 
  • Processing monthly invoices and payments for sales and purchases of natural gas and power, based on information in the automated deal capture system.
  • Processing of cash receipts and disbursements.
  • Preparation of monthly journal entries posting transactions to the Oracle Financials.
  • Preparation of various reconciliations and analyses.
  • Preparation and analysis of monthly financial results.
  •  Certain regulatory reporting requirements.