Senior Settlements Analyst

Boston, NH - USA

Monthly Salary: $ 98785 - 123482

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

The base salary for this position is dependent upon experience and location.

Location: Boston MA

Salary range: $98785.00 to $123482.00

Job Summary

This role is responsible for the timely and accurate settlement of power purchase and sales transactions including the analysis and reconciliation of contractual information and data evaluation of systems capabilities as well as the development of tools and procedures to handle new or non-standard transactions.

Key Responsibilities

Provide detailed analysis in reconciliation and settlement of company trading books for a variety of complex power transactions including tolling capacity firming and shaping transmission balancing and bucket deals

Analyze and resolve discrepancies to ensure trading books reflect final trading positions and prices

Decompose complex trading and asset contracts in order to account for and settle component parts

Assist with preparation of monthly power trading book forecasts for inclusion in companies flash operating results and general ledger month-end closing

Develop enhance and maintain sophisticated spreadsheet models used to value energy assets and contracts

Manage a number of energy contracts and ensure all activities are in compliance with contract provisions

Work closely with internal departments on implementation issues and participate in contract negotiations representing settlements as needed

Monitor and analyze market performance and market updates related to trading operations and settlements

Translate ISO policy changes into market settlement infrastructure design and processes

Guide team members in identifying root causes of systemic data issues and recommends solutions

Assist with preparing and managing daily margin status and agreements for power

Provide assistance to Settlements Manager in evaluating and testing system enhancements and other matters as requested

Adhere fully to internal controls and continually assess control design and effectiveness

Demonstrated ability to structure a data analysis project and deliver against specific project goals

Maintain thorough understanding of companys energy management systems and develop tools necessary to enhance capabilities or mitigate deficiencies as necessary

Required Qualifications

Bachelors degree in business finance accounting or related field with a strong background in financial analysis or the equivalent combination of education and experience

5 years experience in the energy industry or other applicable work experience relevant to responsibilities of this position (the company may consider a candidate with less experience at a lower level)

Must be a self-starting and motivated individual who is able to effectively manage priorities while meeting deadlines for deliverables

Strong verbal and written communication skills with a proven ability to communicate effectively at all levels

Thorough knowledge and previous experience with one or more information systems

Preferred Qualifications

Advanced excel skills

A knowledge and understanding of the electricity industry or other similar business

Thorough knowledge of energy systems performing energy analyses for renewable energy market in organized power pools such as ERCOT MISO CAISO and PJM

Competencies

Growth & Continuous Improvement

Initiative & Change

Focused on Results

Customer Centric (internal and/or external)

Communication

Collaboration

Leadership (people managers/leaders)

Disclaimer

AVANGRID is committed to a diverse and inclusive workplace. AVANGRID is an equal opportunity employer and does not discriminate on the basis of an individuals sex gender gender identification gender expression race color religion national origin age ancestry genetic information medical condition physical or mental disability marital status sexual orientation military or veteran status or other characteristics or conditions protected by law.

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Avangrid employees may be assigned a system emergency role and in the event of a system emergency may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut Maine Massachusetts and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables

Company:

AVANGRID POWER LLC

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.

At Avangrid we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race color religion national origin gender sexual orientation age marital status disability protected veteran status or any other status protected by federal state or local law.
If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs you may request a reasonable accommodation by contacting our People and Organization department at .

Avangrid employees may be assigned a system emergency role and in the event of a system emergency may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut Maine Massachusetts and New York within Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Power.

Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission operations and cyber security business areas in Connecticut Maine Massachusetts and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections training audit engagement and required evidence retention and will be communicated by the employees management.

Job Posting End Date:

November

Required Experience:

Senior IC

The base salary for this position is dependent upon experience and location.Location: Boston MASalary range: $98785.00 to $123482.00Job SummaryThis role is responsible for the timely and accurate settlement of power purchase and sales transactions including the analysis and reconciliation of contrac...