Senior Settlements Analyst

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

Benefits offered by this job

12% 401(k) match

Health, dental, and vision insurance

Tuition reimbursement

Performance bonuses and PTO

Job summary

Avangrid is seeking a Senior Settlements Analyst in Boston to ensure timely and accurate settlement of power purchase and sales transactions. You will analyze contractual data, assess system capabilities, and develop tools and procedures for non-standard transactions.

Responsibilities include reconciling trading books, resolving discrepancies, and supporting monthly forecasts while collaborating across departments to implement settlement improvements.

Qualifications

• Bachelor's degree in business, finance, accounting or related field.
• 5 years’ experience in the energy industry or equivalent experience.
• Self-starting and able to manage priorities to meet deadlines.
• Strong verbal and written communication skills at all levels.
• Thorough knowledge and experience with one or more information systems.

Responsibilities

• Provide detailed analysis in reconciliation and settlement of trading books for complex power transactions.
• Analyze and resolve discrepancies to ensure accurate final positions and prices.
• Decompose contracts to account for and settle component parts.
• Assist with monthly power trading book forecasts for GL month-end closing.

Skills

Advanced Excel

Strong communication

Information systems

Education

Bachelor's degree in business, finance, accounting or related field

Tools

Information systems

Job description

## Senior Settlements AnalystApply: United States Of America, Massachusetts, Boston: Posted Today: End Date: October 30, 2026 (30+ days left to apply): 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.