This webinar provides a comprehensive overview of the Back Office function within energy trading organizations, focusing on how operational activity becomes financial reality. Participants explore the core processes of delivery validation, settlement calculation, invoicing, accounting integration, and regulatory reporting, and learn how each step supports financial accuracy, cash flow, and compliance.
By the end of the session, attendees understand how disciplined back-office controls protect the organization from financial misstatement, operational risk, and regulatory exposure — and how the ETRM system connects and supports these critical processes across the trade lifecycle.
Here’s what you’ll learn:
- The role of the Back Office within the full energy trade lifecycle
- How delivery validation ensures financial settlement reflects operational reality
- How invoicing converts settlement results into cash flow
- The difference between accrual and cash accounting — and why it matters
- Why late charges and post-close adjustments create financial and audit risk
- How regulatory reporting and compliance obligations are built on back-office data
- The importance of data lineage, traceability, and internal controls
- How an ETRM system connects trading, operations, settlement, accounting, and reporting
Who will benefit from this webinar:
- Front Office traders who want to better understand downstream financial impacts
- Scheduling and operations personnel seeking insight into how delivery affects settlement
- Back Office analysts new to settlement, invoicing, or accounting processes
- Accounting and finance teams supporting energy trading organizations
- IT and ETRM system support staff working with trade-to-settlement workflows
- Project managers involved in ETRM implementations or upgrades
About the presenter:
Kevin Cox: With over 30 years’ experience in the energy and commodity trading sectors, Kevin possesses comprehensive expertise spanning the entire trade lifecycle, including trade capture, validation, confirmation, settlement, and risk management. Combining strategic leadership with hands-on involvement, Kevin has successfully guided teams and directly managed critical processes to ensure operational excellence, regulatory compliance, and optimized financial performance within the energy and commodities trading industry.
As a member of PCI’s Pre-Sales and Solutions team, Kevin leverages his extensive experience supporting clients throughout the entire energy value chain — from upstream exploration and production to midstream transportation and downstream distribution.