Deela Roe

Experience

• 

  McLane Foodservice Distribution

  Jan 1980 - Jan 1982

  AP
• 

  Keais Records Service

  Aug 1999 - Mar 2006

  Billing Manager

  • Produced and organized legal exhibits according to client preferences, insurance requirements and legal guidelines• Managed records organization and billing processes• Initiated process change to improve efficiency in billing and production departments

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  Spark Energy

  Mar 2006 - Apr 2012

  • Responsible for all bank and compliance reporting to support 3 year committed credit facility with 11-bank syndicate.• Shared responsibility in maintaining banking relationships to facilitate working capital and credit agreement needs.• Maintain adequate collateral in various forms of assurance to support wholesale trade groups as well as ISO requirements in all retail markets.• Initiate and maintain relationships with wholesale counterparties• Monitor exposure daily to ensure minimal collateral requirements and maximum trading capacity across Spark entities • Responsible for increased capacity and liquidity for new wholesale group targeting a new industry segment• Work with commercial groups, legal team and wholesale counterparties to accommodate contract negotiation as well as guaranty and/or letter of credit issuance as warranted Show less

  • Assistant Vice President - Credit Manager, Treasury/Credit Specialist

    Mar 2006 - Apr 2012

  • Finance Responsibilities

    Mar 2006 - Apr 2012
• 

  Cub Energy Inc.

  Apr 2012 - Sept 2014

  Treasurer

  Responsible for establishing domestic and international bank accounts, treasury functions including daily wire settlements, cash forecasting and cash management between five banks. Assist with budgeting and production reporting to executive management team. Tasked with identifying processes and procedures housed in various international office locations and establishing a transition effort to move all financial and accounting efforts to US office ranging from banking to full financial reporting for public company listed on TSXV. Show less

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  Fuelco Energy LLC and National Gas & Electric, LLC

  Oct 2014 - now

  Director of Credit

  Responsible for credit efforts for multiple private entities with common parent holding company including establishing lines of credit for supply needs as well as reviewing customer accounts to establish approved credit thresholds consistent with management’s risk appetite. Credit efforts also require financial statement analysis, monitoring customer creditworthiness and risk analysis. Responsible for ongoing monitoring of credit thresholds resulting in adjusting credit lines when appropriate as well as collection calls as warranted.Responsible for borrowings under multiple credit facilities as well as Borrowing Base reporting to support the utilization of the facility.Shared role of maintaining positive relationships with banks and financial institutions. Lead liaison for annual bank audits. Compliance reporting for Banks, ISO’s and various utilities.Monitor and maintain collateral needs for ISOs and various markets to support retail gas and electricity customer load.Responsible for negotiations and processing of Credit Assurance including guarantees, bonds and letters of credits to support supply needs for multiple entities including bank compliance reporting associated to LC facilities.Manage and facilitate asset financing lines serving as liaison between dealers, insurance and banks to the point of funding.Facilitate contract review and negotiations (MSA, ISDA, NAESB and EEI) between all necessary contributors including legal groups, to the point of execution.Prepare reports as requested for senior management pertaining to AR, DSO, Credit Facility Utilization/Availability and Credit Analysis on Counterparties Completed Moodys CRMCP - 2017. Show less

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  Spark Energy

  Apr 2020 - Apr 2021

  Director of Credit
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  TXEX ENERGY INVESTMENTS, LLC

  Apr 2021 - now

  Director of Credit