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Manager, Commodity Accounting
Manager, Commodity AccountingNextDecade • Houston, TX, US
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Manager, Commodity Accounting

Manager, Commodity Accounting

NextDecade • Houston, TX, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description
ABOUT NEXTDECADE CORPORATION
NextDecade is committed to providing the world access to reliable, lower-carbon energy. We are focused on delivering secure and cost-effective energy through the safe and efficient development and operation of natural gas liquefaction capacity at Rio Grande LNG. Through our subsidiaries, we are developing and constructing the Rio Grande LNG natural gas liquefaction and export facility near Brownsville, Texas, with approximately 48 MTPA of potential liquefaction capacity currently under construction or in development, sufficient space at the site for up to 10 liquefaction trains, and a potential carbon capture and storage project. NextDecade’s common stock is listed on the Nasdaq Stock Market under the symbol “NEXT.” NextDecade is headquartered in Houston, Texas. For more information, please visit www.next-decade.com.

SUMMARY OF THE ROLE

The Manager, Commodities Accounting is responsible for leading the accounting, reporting, and control activities related to commodity transactions, including LNG, natural gas, power, and associated derivatives. This role ensures accurate financial reporting, strong internal controls, and compliance with U.S. GAAP while partnering closely with Commercial, Trading, Risk, and FP&A teams. The ideal candidate brings deep commodities accounting expertise, a hands‑on leadership style, and the ability to operate effectively in a dynamic, growth‑oriented environment.
KEY RESPONSIBILITIES
  • Lead system implementations, enhancements, and process improvements related to ETRM, ERP, and accounting workflows.
  • Lead the development and refinement of accounting policies and procedures as the business scales.
  • Lead all commodities accounting activities, including physical and financial transactions, settlements, accruals, and month‑end close.
  • Oversee accounting for derivatives and hedging activities, including mark‑to‑market valuations, hedge documentation, and effectiveness testing.
  • Ensure compliance with U.S. GAAP, internal accounting policies, and SOX/internal control requirements.
  • Review and approve journal entries, account reconciliations, and financial analyses related to commodity activity.
  • Partner with Commercial, Trading, Risk Management, and Operations teams to understand deal structures and ensure accurate accounting treatment.
  • Support the preparation of quarterly and annual financial statements, including footnote disclosures related to commodities and derivatives.
  • Serve as a key point of contact for external auditors on commodities‑related matters.
  • Lead, mentor, and develop a high‑performing commodities accounting team.
REQUIREMENTS
  • Bachelor’s degree in Accounting, Finance, or a related field required; CPA strongly preferred.
  • 5+ years of progressive accounting experience, with significant experience in commodities accounting within energy, trading, or LNG environments.
  • Strong knowledge of derivatives accounting, hedge accounting, and fair value measurements under U.S. GAAP.
  • Experience working with ETRM and ERP systems (e.g., Endur, Allegro, SAP, Oracle, or similar).
  • Proven people leadership experience with the ability to develop and motivate teams.
  • Strong analytical skills, attention to detail, and sound judgment.
  • Ability to work cross‑functionally and communicate complex accounting topics clearly to non‑accounting stakeholders.
  • Comfortable operating in a fast‑paced, evolving organization.
PREFERRED REQUIREMENTS
  • Experience supporting LNG or large‑scale energy infrastructure projects.
  • Background in public company reporting and SOX compliance.
  • Experience with complex commercial agreements and structured transactions.
Work Environment
This position operates in a professional office environment with occasional work within or outside of a complex construction environment. This role routinely uses standard office equipment such as computers, phones, photocopiers/fax, filing cabinets, etc.This is primarily a sedentary role; however, the incumbent must be able to stand and/or sit continuously to perform all essential job functions for a full shift.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with ADA-recognized disabilities to perform the essential functions for the job.
· Ability to lift up to 20 lbs. as required in order to lift files, boxes and office equipment as necessary.
· Ability to lift files, open filing cabinets and bending, standing on a stool, or climbing as necessary to perform these functions.
· While performing the duties of this role, the incumbent may be required to talk or hear.
· The incumbent is required to stand, walk, use hands to handle or feel; and reach with hands and arms.
· Ability to move throughout all areas of each office/site location and facilities.
· Able to wear all necessary PPE equipment to perform job functions.

If you require accommodations during the application or interview process, please contact Human Resources at recruiting@next-decade.com.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
*In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.
NEXTDECADE VALUES
· Safety – We make safety a priority. Everything we do relies on the safety of our people and the communities around us.
· Integrity – We do the right thing, and are open, ethical, and fair. We hold ourselves to the highest standards in all that we do.
· Honesty – We value truth and honesty in ourselves and others. We honor our commitments and take responsibility for our actions.
· Respect – We listen, and respect people, the environment, and the communities in which we live and work.
· Transparency – Transparency builds trust. We promote open communication with our people, our customers, and all our stakeholders.
· Diversity – We value diversity of experiences and thoughts. It takes people with different strengths and backgrounds to make our company succeed.

NextDecade provides equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. NextDecade complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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Manager, Commodity Accounting • Houston, TX, US

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