Energy Settlements & Accounting Analyst

Talen Energy; Houston (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision plans

401(k) plan

Paid vacation & sick leave

Job summary

Talen Energy, based in Houston, is seeking an experienced accounting/settlements professional to join our Commercial Accounting and Settlements team. You will own parts of the monthly close for wholesale power, natural gas, and fuel transactions, perform settlements, and collaborate with cross-functional teams to ensure accurate reporting and timely billings.

The role requires a bachelor's degree in accounting or related field and 2+ years in energy.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field required.
• Two or more years of progressive experience in the energy, power generation, or related industry preferred.
• Strong analytical and problem-solving skills, with an ability to identify issues, evaluate alternatives, and drive solutions.
• Ability to understand complex concepts and clearly communicate key conclusions to a variety of audiences.
• Strong written and verbal communication skills, including the ability to prepare reports and present ideas clearly and concisely across all levels of the organization.
• Motivated, self-directed, and results-oriented, with a strong sense of ownership and accountability.

Responsibilities

• Own key components of the monthly accounting close for physical and financial wholesale power, natural gas, and fuel transactions, including the preparation, review, and recording of journal entries.
• Perform settlement activities for wholesale and retail power, natural gas, and fuel transactions, ensuring accurate and timely billing and accounting.
• Partner with counterparties and internal stakeholders to investigate and resolve billing discrepancies, settlement issues, and past-due receivables.
• Review and analyze contracts to understand commercial terms, settlement requirements, and accounting implications.
• Prepare and analyze balance sheet account reconciliations and period-over-period fluctuations, identifying key drivers and clearly communicating results to management.
• Prepare weekly cash forecasts to support Treasury's liquidity planning and cash management activities.
• Develop, document, and continuously improve procedures and controls to ensure accounting and settlement activities are completed accurately and on schedule.

Skills

Analytical thinking

Communication skills

Problem-solving

Attention to detail

Cross-functional teamwork

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

SQL

Job description

Talen Energy, based in Houston, is seeking an experienced accounting/settlements professional to join our Commercial Accounting and Settlements team. You will own parts of the monthly close for wholesale power, natural gas, and fuel transactions, perform settlements, and collaborate with cross-functional teams to ensure accurate reporting and timely billings.

The role requires a bachelor's degree in accounting or related field and 2+ years in energy.