Manager/Director of Bilateral Settlements

Acespower; Carmel (IN); On-site; USD 90,000 - 120,000; Full time

Job summary

Acespower in Carmel, IN is seeking a Manager/Director of Bilateral Settlements to oversee bilateral settlement services and lead a team of analysts. The role involves managing various settlement processes and ensuring compliance with regulatory requirements.

The ideal candidate will have extensive experience in the energy industry, strong leadership qualities, and proficiency with accounting systems. Acespower offers a dynamic work environment with an emphasis on teamwork and professional growth.

Qualifications

• 7+ years in energy industry or comparable experience.
• Advanced understanding of energy accounting and billing transactions.
• Ability to manage responsibilities of the Bilateral settlement team.

Responsibilities

• Manage physical and financial gas settlements and invoice verification.
• Monitor and refine workflow for improved processes.
• Develop strong relationships with internal and external parties.

Skills

Analytical skills

Leadership skills

Microsoft Excel

Customer service orientation

Critical thinking

Detail-oriented

Effective communication

Time management

Proactive problem solving

Education

Bachelor's degree in Accounting or Economics

Tools

Microsoft Word

PowerPoint

Automated accounting systems

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Manager/Director of Bilateral Settlements

Management National Service Center - Carmel, Carmel, IN, US

11 days ago Requisition ID: 1755

Manager/Director of Bilateral Settlements - Depending on Experience

Carmel, IN

This position will be responsible for completing bilateral settlement services for the Company’s members and clients while also providing leadership and supervision to the Settlement Analysts, Senior Settlement Analyst and Lead Settlement Analyst of the bilateral market.

Duties and Responsibilities

• Manages and oversees physical gas, financial gas and renewable settlements and verification of settlement invoices for ACES members/clients.
• Monitors and refines workflow and business processes to meet goals to improve/enhance defined procedures and processes for the power, physical gas, financial gas and renewable settlements and verification of settlement invoices for assigned member/client portfolios.
• Provides guidance and resolves questions, disputes, and data errors in the settlement computations
• Compiles and analyzes settlement data for end of month and customized reporting
• Develops and maintains strong relationships with internal departments and external organizations to answer questions and resolve issues
• Bilateral Settlement Team Lead for the system development, product implementation and on-going maintenance of bilateral settlement/risk management software
• Demonstrates and shares own knowledge and expertise relating to the bilateral settlement practices, procedures and theories
• Demonstrates and maintains an understanding and knowledge in bilateral energy markets
• Identifies detailed solutions and improvements to procedures and software to improve accuracy, efficiency and timeliness
• Continually monitors and refines workflow and business processes to meet the goals to improve/enhance settlement process
• Oversee the reporting to FERC of the power EQR (Electric Quarterly Report) and annual FERC FORM 552 gas reporting for ACES members/clients.
• Stays abreast of current topics, changes and issues related to regulatory reporting at FERC on behalf of ACES’ members/clients.
• Ensures end user documentation is developed and maintained for power, gas, renewable, and FERC regulatory report customers.
• Responds to various information requests from auditors and other groups
• Exhibits leadership skills when interacting with co-workers and business associates
• Ensures direct reports receive adequate training to be able to perform assigned responsibilities and assist training other team members.
• Team Lead during implementation of bilateral settlement services for new members/customers.
• Ability to travel
• Adheres to and is supportive of all ACES corporate policies and complies with all regulatory requirements including but not limited to NERC, FERC and relevant state regulations as applicable to the position

Required Qualifications (Manager):

• Bachelor Accounting, Economics or similar discipline
• 7 + years of energy industry or comparable experience
• Exhibits leadership skills with the ability to manage the responsibilities of the Bilateral settlement team
• Experience in the energy industry’s financial and accounting procedures and requirements
• An understanding of accounting and billing of energy transactions
• An understanding of accounting and billing of gas transactions and transmission service, capacity, and renewables
• Experienced using Microsoft Excel, Word, and PowerPoint along with accounting and settlement/risk system
• Experience with automated accounting and risk management systems
• High degree of analytical skills
• Detail oriented skill set
• Effective written and oral communication skills as well as computer skills
• Customer service oriented
• Critical thinking and innovative skill set
• Ability to multi-task and is capable to identify responsibilities/task which can be delegated
• Dependable individual with high self-esteem
• Proactive individual with the ability to identify issues and contribute own ideas to solve problems in an effective manner
• Ability to mentor co-workers
• Excellent time management skills with the ability to prioritize tasks/responsibilities
• Flexible/adaptable and willingness to accept accountability
• Establish and maintain effective relationships with team members and business associates
• Manage multiple ongoing tasks and projects
• Demonstrates a self-directed work ethic
• Exhibits leadership characteristics
• Exhibits a positive attitude
• Exhibits effective verbal communication and listening skills
• Exhibits professional presentation skills
• Ability to facilitate meetings

Required Qualifications (Director):

• Bachelor’s degree in Accounting, Economics or similar discipline
• 8+ years of energy industry or comparable experience
• Exhibits leadership skills with the ability to manage the responsibilities of the Bilateral settlement team
• Experience in the energy industry’s financial and accounting procedures and requirements
• Advanced understanding of accounting and billing of energy transactions
• Advanced understanding of accounting and billing of gas transactions and transmission service, capacity, and renewables
• Experienced (advanced knowledge) using Microsoft Excel, Word, and PowerPoint along with accounting and settlement/risk system
• Experience with automated accounting and risk management systems
• High degree of analytical skills
• Detail oriented skill set
• Effective written and oral communication skills as well as computer skills
• Customer service oriented
• Critical thinking and innovative skill set
• Exhibits a strategic mindset
• Ability to multi-task and is capable to identify responsibilities/task which can be delegated
• Dependable individual with high self-esteem
• Proactive individual with the ability to identify issues and contribute own ideas to solve problems in an effective manner
• Ability to mentor co-workers
• Excellent time management skills with the ability to prioritize tasks/responsibilities
• Flexible/adaptable and willingness to accept accountability
• Establish and maintain effective relationships with team members and business associates
• Manage multiple ongoing tasks and projects
• Demonstrates a self-directed work ethic
• Exhibits leadership characteristics
• Exhibits a positive attitude
• Exhibits effective verbal communication and listening skills
• Exhibits professional presentation skills