Senior Settlements Analyst

Iberdrola SA; Boston (MA); On-site; USD 107,000 - 126,000; Full time

Benefits offered by this job

Performance bonuses

PTO

401(k) match

Health, dental, and vision insurance

Tuition reimbursement

Career development

Job summary

Avangrid Power in Boston, MA seeks a Senior Settlements Analyst to manage timely settlement of power transactions, reconcile trading books, and develop tools for non-standard deals. The role emphasizes accuracy, data analysis, and cross-functional collaboration with trading, risk, and finance teams.

The ideal candidate has 5+ years in energy settlements, strong Excel skills, and the ability to translate contract terms into actionable settlement processes and forecasts.

Qualifications

• 5+ years of experience in energy trading or settlements.
• Strong financial analysis and data interpretation skills.
• Ability to manage multiple priorities and meet deadlines.

Responsibilities

• Provide detailed analysis in reconciliation and settlement of trading books for complex power transactions.
• Analyze and resolve discrepancies to reflect final positions and prices.
• Decompose contracts to account for and settle components.
• Prepare monthly power trading book forecasts for GL month-end closing.
• Develop and maintain spreadsheet models to value energy assets and contracts.
• Ensure compliance with contract provisions and coordinate with internal teams.

Tools

Advanced Excel

Job description

## Senior Settlements AnalystSolicitar: Estados Unidos, Massachusetts, Boston: Publicado hoy: Fecha final: 30 de octubre de 2026 (Quedan más de 30 días para realizar la solicitud): R-23250The base salary for this position is dependent upon experience and location.Location: Boston, MASalary range: $107,000 to $126,000 **Why Avangrid Power:*** **Competitive benefits and growth opportunities*** **Generous performance‐based bonuses & PTO*** **12% 401(k) match*** **Comprehensive health, dental, and vision insurance*** **Tuition reimbursement*** **Professional development and clear career‐advancement pathways****For more information, please visit:** **Benefits - Avangrid** **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 company’s energy management systems and develop tools necessary to enhance capabilities or mitigate deficiencies as necessary**Required Qualifications*** Bachelor's 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**All offers of employment are contingent upon the successful completion of a medical exam, background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts, or cash. A Motor Vehicle (MVR) check will be administered when a prospective employee will be regularly using a company vehicle. Avangrid Power is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as an individual with a disability, or any other status or class protected by federal or state law.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 Power.