Settlement Analyst

Key Responsibilities

• Manage and administer power purchase agreements (PPAs), ensuring compliance with contractual terms and performance obligations.
• Validate and reconcile all market settlement transactions with system operators and support monitoring and calculation of resettlements.
• Ensure accurate payment processing to and from RTOs/counterparties and escalate and document settlement disputes as needed.
• Prepare and submit monthly settlement reports and supporting data to the accounting team.
• Support analysis of regulations and market rules affecting energy, renewable, and capacity markets and operations.
• Oversee and monitor credit and collateral requirements associated with PPAs and ISDA agreements, coordinating with Finance and Credit teams to ensure compliance and accurate tracking.
• Support QSE and ISO operational coordination, market registrations, operational setup, and coordination with external providers.
• Prepare internal and external reports related to transaction status, renewable attributes inventory, and tax equity partner reporting.
• Assist with internal and external audit support, compliance documentation, annual disclosure forms, renewable attributes compliance, certifications, and consolidation of required documentation.
• Monitor, interpret, and analyze new market developments in the Alberta Electric System Operator (AESO) and support transitions to updated market structures and processes.

Qualifications

• Bachelor’s degree or certificate in Business Administration, Accounting, Finance, Economics, or a related technical field, or equivalent work experience required.
• Knowledge of electricity markets, market regulations, and compliance practices is preferred.
• Familiarity with Canadian Markets (IESO/AESO), ERCOT, and PJM is preferred.
• Strong organizational skills, analytical thinking skills, and attention to detail.
• Demonstrated ability to exercise independent judgment and problem-solving skills in a fast-paced environment.
• Proficiency with Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.
• Strong communication, teamwork, and interpersonal skills.
• Ability to work collaboratively across departments and with external stakeholders.

Pay & Benefits

• Base Pay: $65,000 - $80,000
• 5% Annual Performance Bonus (based on individual performance and company metrics)
• Day 1 Benefits: medical, dental, and vision insurance, an Employee Assistance Program (EAP), HSA company contributions, and FSA options.
• Benefits after 90 days: 401(k) with company match and immediate vesting, life insurance, disability coverage, paid parental leave, and other optional plans.
• 15 days of PTO (with 1 additional day per year of service), 9 public holidays, and 2 flexible holidays.
• $50 monthly reimbursement for health, wellness, or fitness-related memberships and equipment.