Power Settlements Analyst
Job Summary
The Settlement Analyst (L16) will conduct settlement analysis on bilateral (ICE and 3rd Party), PPAs, and ISO-driven trades in the portfolio. The Analyst will issue settlement reports according to Leeward protocols.
Essential Functions
- Validate power generation and pricing data using internal and external sources and develop settlement statements for trades, PPAs, and generation assets.
- Manage REC Settlements, providing Accounting details to record REC transactions.
- Identify and resolve differences and disputes between anticipated and realized settlement values.
- Send daily power meter data validations to counterparties while adhering to market deadlines.
- Create and maintain templates/tools with generation and price detail for off-takers and hedge counterparties per executed contracts and trades.
- Work with finance and accounting to ensure invoices are issued and collected on time to meet all payment deadlines.
- Perform analytical research to determine cause and resolve settlement/invoicing discrepancies.
- Continuously monitor counterparty settlements and ensure they are captured in the ETRM.
- Assist other departments with financial and market analysis as requested.
- Aid in onboarding of new projects in the development stage.
- Identify process improvements and automation opportunities to improve invoice production timeliness and achieve other efficiencies.
Qualifications
- 2 to 3 years experience as a Settlement analyst or an analyst on energy trading desk.
- Experience with one or more of these ISOs: ERCOT, CAISO, PJM, SPP, or MISO including market settlements.
- Ability to analyze and organize data to drive solutions and action plans.
- Ability to develop, build, and maintain models in Excel, Power BI, and Tableau.
- Coding experience with SQL and Python preferred.
- Knowledgeable of Energy Trading and Risk Management (ETRM) systems, Adapt2 experience preferred.
- Strong presentation and communication skills.
- Ability to multi-task and coordinate multiple information requests.
- Ability to meet deadlines and organize workflows.
- Self-starter; able to operate with minimal supervision.
- Must hold a Bachelor's Degree in Business or STEM.
- Proficient with Excel, PowerPoint, and Word.
Physical Demands
This position will travel 5% of the time. Position will require sitting for long periods of time as well as occasionally lifting up to twenty pounds.
Notice to Recruiters and Staffing Agencies
Leeward Renewable Energy (LRE) does not accept unsolicited resumes from recruiting vendors or employment agencies. Only recruiting vendors with a current, signed agreement in place with LRE are authorized to submit resumes for specific, requested positions. All unsolicited resumes and candidate profiles submitted to LRE, or any LRE employee, without an active agreement or written request from LRE’s HR Department, will be considered property of LRE. LRE will not be responsible for any fees or expenses associated with unsolicited resumes or candidates submitted in this manner.