Settlements Manager

About the role

The Settlements Manager, AES Clean Energy, LLC ("CE"), works in the fast-paced, high-growth renewable segment of the Company. The primary purpose of the Settlement Manager role is to settle third party and intercompany commodity related trades in a timely and accurate manner. Additionally, the Settlement Manager ensures weekly and monthly statements from various RTOs and ISOs are accurate and accounting is appropriately recorded based on the statements.

Responsibilities

• Generate customer invoices and supporting documentation
• Settle all 3rd party and intercompany transactions per contractual terms
• Ensure funds are received and paid on time and accurately; liaise with counterparties should any discrepancies occur; provide thorough explanations for any outstanding balances
• Participate in the monthly close process including P&L tieouts, journal entries, and trade exception reporting and clearing
• Provide exceptional internal and external customer service in order to build and strengthen relationships
• Assist in ensuring assets are appropriately set up in the Company ETRM system
• Support in response to internal/external audits and litigation
• Complete and support special projects as assigned

Requirements

• Minimum of eight years relevant accounting/settlement experience or experience in the Energy Industry
• Team working capabilities along with strong interpersonal skills
• Ability to support change
• Understanding of commodities derivatives as well as cash flow hedging concepts
• Proven experience in identifying continuous improvement opportunities
• Able to identify and implement innovative solutions
• Attention to detail
• Technical skills
• Adapt2, Allegro & SAP experience preferred
• Micrsoft Excel (Intermediate) skills
• Good understanding of internal controls
• Understanding of settlements processes
• Results oriented with strong follow through and the ability to bring accountabilities to timely completion

Qualifications

• Bachelor's degree in Accounting or Finance or other similar business degrees