Capital Power

Accounting Specialist - Environmental Commodities

Calgary, AB Full time
Posting End Date: May 22, 2026

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity:

Capital Power is seeking an Environmental Accountant to support the accounting, settlement, and financial reporting of environmental commodities and obligations. This role plays a critical part in ensuring accurate financial results, strong balance sheet integrity, and compliant accounting under IFRS, while partnering closely with Trading, Commercial Finance, and Reporting teams. The successful candidate will act as a subject‑matter expert in Environmental Accounting, with a strong focus on process excellence, documentation, and continuous improvement.

You Will Contribute to Our Team By:

  • Recording, reviewing, and validating environmental accruals, including unearned revenue, accrued liabilities, and accrued receivables.

  • Proactively investigating and validating transactions in the ETRM system (Allegro), supplementing Front Office information.

  • Completing all Environmental monthly close activities, including monthly margin balance reconciliations and inventory reconciliations

  • Developing and maintaining inventory continuity schedules for environmental intangibles and held‑for‑trading instruments.

  • Identifying opportunities to automate and enhance reconciliation processes to improve efficiency and accuracy and drive continuous improvement across Environmental Accounting processes and controls.

  • Reviewing and validating monthly Environmental EBITDA to ensure results are complete and accurate.

  • Documenting accounting policies for new environmental commodity products in accordance with IFRS

  • Partnering with Commercial Finance to ensure intercompany Environmental entries are recorded accurately for both internal management reporting and external reporting.

  • Acting as a trusted advisor and go‑to resource for Environmental Accounting inquiries.

What You Will Bring to the Role:

Education and Experience

  • CPA designation (or actively pursuing) preferred

  • 2-5 years of accounting experience, preferably within energy, commodity trading, or environmental markets

  • Strong knowledge of IFRS, with working knowledge of US GAAP differences

  • Experience with ETRM systems considered an asset

  • Advanced Excel skills; experience with automation and process improvement considered an asset

  • Strong analytical, organizational, and communication skills

Working Conditions:

  • Hybrid office position in Calgary office with 3 days in office and 2 days remote.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.