Energy Trading Settlements Senior I

Primary Purpose

Oversees complex settlement activities across multiple energy products, analyzes variances, and leads process improvements to enhance accuracy, efficiency, and compliance within the settlement function.

Duties And Responsibilities

• Performs settlement and accounting activities related to gas management transactions, including purchases, sales, storage, transportation, optimization activities, and related fee calculations.
• Reviews and analyzes settlement statements, invoices, and supporting documentation to ensure accuracy and compliance with contractual terms and internal controls.
• PARTNERS WITH COMMERCIAL, RISK, OPERATIONS, TAX, AND ACCOUNTING TEAMS TO RESOLVE SETTLEMENT, INVOICING, AND CONTRACTUAL INTERPRETATION ISSUES.
• SUPPORTS THE IMPLEMENTATION, TESTING, ENHANCEMENT, AND CONTINUOUS IMPROVEMENT OF ETRM SYSTEMS AND RELATED SETTLEMENT PROCESSES TO IMPROVE EFFICIENCY, ACCURACY, AND CONTROL EFFECTIVENESS.
• OVERSEES SETTLEMENT PROCESSES FOR MULTIPLE ENERGY PRODUCTS, INCLUDING ENERGY, ANCILLARY SERVICES, AND CONGESTION COSTS.
• ANALYZES SETTLEMENT VARIANCES AND CONDUCTS ROOT-CAUSE INVESTIGATIONS, RECOMMENDING CORRECTIVE ACTIONS.
• LEADS SMALL PROJECTS FOCUSED ON IMPROVING SETTLEMENT ACCURACY AND AUTOMATION.
• COMMUNICATES COMPLEX SETTLEMENT ISSUES AND SOLUTIONS TO INTERNAL STAKEHOLDERS TO BUILD CONSensus.
• ENSURES TIMELY AND ACCURATE EXECUTION OF SETTLEMENTS IN ALIGNMENT WITH MARKET TIMELINES AND CONTRACTUAL OBLIGATIONS.
• DEVELOPS AND MAINTAINS ADVANCED REPORTING TOOLS FOR SETTLEMENT PERFORMANCE TRACKING.
• CORPORATES WITH INTERNAL TEAMS TO RESOLVE ROUTINE DISCREPANCIES IN SETTLEMENT DATA.
• COLLABORATES WITH IT AND OPERATIONS TEAMS TO TRUBleshoot SYSTEM-RELATED SETTLEMENT ISSUES.
• PERFORMS OTHER DUTIES AS ASSIGNED.

Requirements

• Education Required: Typically requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.
• Experience Required: Typically requires 5 years of related experience.
• Knowledge, Skills And Abilities Required:
  • Energy Transaction Management
  • Accounts Reconciliation
  • Regulatory Compliance
  • General Ledger Accounting
  • Documentation and Records Management
  • Data Analysis
  • Contract Management
  • Variance Analysis
  • Financial Reporting
  • Energy Scheduling
• Preferred Qualifications:
  • Experience with Energy Trading and Risk Management (ETRM) systems, including transaction lifecycle management, settlements, invoicing, and reporting processes.
  • Knowledge of natural gas, LNG, storage, transportation, and commodity trading transactions, including contract interpretation and settlement practices.
  • Strong analytical and problem-solving skills with the ability to reconcile large datasets and identify discrepancies.
  • Experience with data analysis tools such as Excel, Power BI or similar reporting and automation tools.