Manager of Contracts and Settlements

About MCE

MCE tackles the climate crisis with a shared commitment to innovation, community, and equity. We foster an inclusive, collaborative, and flexible work environment where creativity thrives, work-life balance is prioritized, and every voice is valued. MCE is a not-for-profit public agency that provides more renewable power at stable rates and delivers cutting-edge energy programs to residents and businesses across four Bay Area counties: Contra Costa, Marin, Napa, and Solano.

Manager of Contracts & Settlements (Power Resources)

One Position

Under General Direction Of The Director Of Power Resources, The Manager Of Contracts And Settlements Has Responsibility For Managing MCE’s Portfolio Of Executed Power Supply Contracts.

• Ensure each of MCE’s power supply contracts is administered in accordance with the contract terms.
• Work with counterparties to ensure that new steel in the ground projects are permitted, built, interconnected and brought to commercial operation in accordance with the contract milestones and terms.
• Work with counterparties to ensure that resources deliver all the capacity, energy, and environmental products, as required under each agreement.
• Ensure that resources are appropriately shown to the CPUC and CAISO for resource adequacy.
• Work with MCE’s scheduling agent to ensure that resources are properly bid and scheduled into CAISO’s day-ahead and real-time markets.
• Work with MCE’s scheduling agent to monitor resource performance and CAISO settlements.
• Ensure accurate and timely bilateral settlements with each counterparty, including invoice validation.
• Resolve the unexpected contractual and/or operational issues that happen.
• Negotiate amendments and letter agreements to memorialize necessary changes to contracts.
• Ensure that key contract terms and resource data are accurately captured in MCE’s centralized contract management system.
• Help and input into MCE’s power supply portfolio management.
• Help and/or guidance on power supply compliance reporting, especially as it pertains to resource settlement data.
• Provide feedback to MCE’s power procurement staff on specific contract terms that should be added, refined, or removed from MCE’s contracts in the future.
• Aid MCE’s power procurement staff, if needed.
• Help design new tools that will improve MCE’s ability to manage its portfolio of contracts and validate bilateral invoices.
• Build a strong understanding of both the regulatory requirements and MCE board requirements that shape MCE’s power supply portfolio.
• Build strong relationships with MCE’s many counterparties.

Minimum Qualifications

• Education & Experience:
  • A bachelor’s degree in engineering, finance, economics, accounting, or a closely related field.
  • A master's degree from an accredited university in a related field is highly desirable.
  • A minimum of seven (7) years of progressively responsible experience at an electric utility, municipal utility, a Community Choice Aggregation program, a power supply developer and/or seller, or in a closely related field.
  • A master’s degree may be substituted for two years of experience.
  • A minimum of two years of experience serving in a technical lead or similar capacity, including providing work direction, technical guidance, and coordination for other team members, is required.
  • Technical experience in the electric utility industry, experience in CAISO markets, and CAISO settlements are required.
  • Two (2) years in a people/team supervision capacity is strongly preferred.
• Knowledge:
  • CAISO grid, CAISO markets and CAISO settlements (including applicable charge codes and settlement timelines).
  • An understanding of CAISO Load and generation scheduling, curtailment and impacts on pricing and settlements.
  • Power supply technologies including solar, wind, geothermal, landfill gas, hydroelectric, natural gas and energy storage.
  • Power supply contracts, including power purchase agreements and key terms.
  • Power supply contract settlement structures.
  • California power supply regulations, including the CPUC’s renewable portfolio standard program, the CEC’s power source disclosure program, and the CPUC and CAISO resource adequacy program.
  • The use of renewable energy certificates to support mandatory and voluntary compliance programs.
  • An understanding of The Western Renewable Energy Information System (WREGIS).
  • Microsoft Office software including Word and PowerPoint.
  • Microsoft Excel including VBA programming.

Compensation & Benefits

Competitive compensation package offered, based on candidate experience along with generous benefits and perks, including fully paid premiums for health insurance, parental leave, dependent care subsidies, student loan repayment, and employee wellness program. Starting salary range for: Manager of Contracts & Settlements: $159,627 - $200,910.

To Apply

As part of the application process, all candidates must submit the following materials. A cover letter explaining your interest in the Manager of Contracts & Settlement. Please describe how your experience aligns with the role, highlighting any supervisory experience, and your ability to engage with diverse audiences. A current resume. Answer all applicable questions in the application. As we identify top applicants, those advancing will first have an all-in-one interview, followed by a face-to-face cross-team panel interview, a face-to-face executive interview, and a take-home assessment in quantitative and/or verbal communication.