Senior Accountant 2 - Wholesale Accounting
About the job
- A bachelor's degree in Accounting, Finance, or a related field is required.
- At least 3 years of experience in Accounting or a related field is required.
- Experience with accounting and/or reporting systems is required.
- Strong financial analysis, problem-solving, and communication skills are required.
- A process-improvement orientation is required.
- A fundamental understanding of the accounting close process is required.
- Execute complex tasks in accordance with relevant policies, procedures, and controls.
- Analyze data, identify trends, and provide insights to support decision-making and operational efficiency.
- Review and reconcile information to ensure accuracy, consistency, and compliance with company standards.
- Collaborate with cross-functional teams to improve processes and implement best practices.
- Assist in preparing and reviewing reports, ensuring clarity, completeness, and adherence to guidelines.
- Identify inefficiencies and recommend solutions to support continuous improvement efforts.
- Provide mentorship and guidance to junior team members, contributing to knowledge sharing and skill development.
- Prepare and analyze settlement data for monthly, quarterly, and annual financial close activities, supporting timely and accurate financial reporting.
- Lead wholesale activities across the end-to-end settlement lifecycle, including data validation, dispute resolution, invoice generation, and revenue and cost recognition across various transaction types.
- Participate in cross-functional projects and initiatives, contributing settlement insights to support business strategies and regulatory compliance.
- Participate in special projects as required.
- Support compliance with the department's accounting governance framework.
- Experience in the energy industry is preferred but not required.
About the company
Luminant generates electricity in Texas and also conducts mining, wholesale marketing and trading, and development activities as part of Vistra Energy. It owns about 17,000 MW of capacity, including nuclear and coal, and buys wind power to supply and balance its portfolio. It differs from competitors by combining a large, diversified generation fleet with active trading, mining, and development under a Texas-focused parent, rather than focusing on only generation or only retail. Its goal is to be a leading competitive energy provider in Texas by owning and operating a broad mix of assets and participating in wholesale markets to deliver reliable power.
Company Size
1,001-5,000
Company Stage
Grant
Total Funding
$1M
Headquarters
Dallas, Texas
Founded
N/A
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Simplify's Take
What believers are saying
- FERC approved a January 5, 2026 settlement without monetary penalty for standard violations.
- On February 6, 2026, Luminant revised its voluntary mitigation plan for ERCOT operations.
- Luminant’s 2021 Oak Hill solar project and 2026 development pipeline diversify revenue beyond coal.
What critics are saying
- Texas regulators penalized Luminant $300,000 on January 20, 2026 for ERCOT violations.
- The Supreme Court of Texas preserved Winter Storm Uri claims dismissal on March 27, 2026.
- Paxton’s office is probing restrictive deed covenants across 100-plus Luminant parcels, threatening land strategy.
What makes Luminant unique
- Vistra-owned Luminant spans nuclear, coal, gas, mining, and wholesale trading in Texas.
- Martin Lake and Comanche Peak anchor dispatchable baseload capacity inside ERCOT.
- Luminant controls retired mine land, enabling solar, storage, and redevelopment projects.
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Benefits
- Flexible Work Hours
- Hybrid Work Options