Settlement Analyst
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world. With more than 30 years of experience and operations in 20 countries on five continents ACCIONA Energía offers a wide portfolio of tailored energy solutions so that its corporate and institutional clients can meet their decarbonisation goals. This includes the development engineering construction operation and maintenance of renewable power plants -mainly wind and photovoltaic technologies- energy sales and management and marketing energy services self-consumption electric mobility and new technologies such as storage and green hydrogen. ACCIONA Energía is governed by the most demanding environmental social and corporate governance (ESG) criteria.
ACCIONA Energía is looking for a Settlement Analyst to support our Power Marketing team. This position plays a critical role in managing commercial operations related to power purchase agreements (PPAs) market settlements and energy market compliance across North American energy markets. The role requires strong analytical skills attention to detail and collaboration across internal and external stakeholders to ensure accurate settlements reporting and operational support.Job Description
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 renewableattributesinventory and tax equity partner reporting.
Assist with internal and external audit support compliance documentation annual disclosure forms renewableattributescompliance 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.
Other responsibilities as assigned.
Required Skills and Competencies
Qualifications:
Bachelors 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 practicesis 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 skillsin 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:$65000 - $80000
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 after90 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 reimbursementfor health wellness or fitness-related memberships and equipment.
Job Location:
55 E Monroe St Suite 2900
Chicago IL 60603
As a company that values diversity as a source of talent we work to foster an inclusive environment that promotes respect belonging and engagement so that all people can participate on an equal opportunity basis. We invite everyone to apply regardless of origin circumstances background or condition.
Required Experience:
IC
About Company
ACCIONA has successfully delivered major infrastructure projects in Canada since 2000. Its leadership and experience span the entire value chain, from research and development to construction, operation and maintenance of projects.
