Settlements Analyst

Urban Grid Solar Projects, LLC; Houston (TX); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Settlements Analyst to join their dynamic team in Houston. This role involves managing energy trade settlements, collaborating with various teams, and ensuring compliance with accounting standards. The ideal candidate will possess strong analytical skills and thrive in a fast-paced environment. This innovative firm offers a hybrid work environment and a comprehensive benefits package, making it an exciting opportunity for those passionate about contributing to the renewable energy sector. If you're ready to make a significant impact in a growing industry, this position is for you!

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Health Savings Account

Flexible Spending Account

Company-paid Life Insurance

Short-term Disability

Long-term Disability

Paid Parental Leave

Retirement Plan with Matching

Qualifications

• 2+ years of experience in energy or related fields preferred.
• Strong analytical skills with attention to detail.

Responsibilities

• Manage daily and monthly settlement tasks with strict timelines.
• Collaborate with teams to resolve settlement disputes.

Skills

Analytical Skills

Attention to Detail

Problem Solving

Communication Skills

Self-motivation

Education

Bachelor’s degree in Business Administration

Bachelor’s degree in Economics

Bachelor’s degree in Finance

Tools

Excel (Macros, Pivot Tables, Visual Basic, Power Query)

Job description

Urban Grid, a leading independent power producer, facilitates a rapid and sustainable energy transition by developing high-quality renewable energy projects, fostering community partnerships, and serving as a good land steward. Our company is positioned to own and operate its facilities while cultivating a land management system that benefits farmers, communities, and the natural world through agrivoltaics. Urban Grid maintains a delivery-focused approach with the goal of being a good neighbor, corporate citizen, and trusted energy solutions partner. Headquartered in Houston, Texas, with teams situated strategically throughout the United States, Urban Grid has a long history of contributing to the clean energy economy. In addition to 940 megawatts currently under construction, we are actively developing a growing portfolio of more than 12,000 megawatts of solar PV and 7,000 megawatts of co-located and stand-alone energy storage. To learn more, please visit www.UrbanGridSolar.com.

Urban Grid is a portfolio company of Brookfield, one of the world’s largest owners and operators of renewable power and climate transition assets.

Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, a hybrid work environment and the opportunity to make a significant impact in the rapidly evolving renewable energy industry.

Job Summary

The Settlements Analyst is responsible for the settlement of energy trades in North America and long-term contracts, invoicing external customers, collaborating with their peers in a variety of processes such as recording accounting entries in the General Ledger, participating in Audit processes, regulatory reporting, liaising amongst other teams and supporting the growth and development of business.

Responsibilities

1. Ensure that daily and monthly settlement tasks are successfully completed with respect to strict and time sensitive timelines.
2. Validate, understand and record accounting entries for month end accruals and invoices, and ensure they respect the organization’s accounting standards.
3. Understand the energy markets’ settlement mechanisms and charge code algorithms to develop and maintain shadow calculations in Trade Capture Systems.
4. Conduct research and analysis to remain current with market rules that impact settlement.
5. Optimize revenue reconciliations and seek opportunities to automate and improve validation processes and procedures.
6. Understand the corporate structure to allocate revenue and charges to the right legal entities with respect to the business strategies.
7. Compile and validate regulatory reports for submission to a variety of government agencies in North America.
8. Ensure accuracy in the trade capture systems by collaborating and working closely with Trading and Data Control departments.
9. Collaborate with external counterparties to identify and resolve settlement disputes.
10. Participate in system improvements or implementation projects by conducting and executing User Acceptance Testing.
11. Manage multiple tasks and/or projects in parallel with their day-to-day duties.
12. Support Asset Management team members.

Minimum Requirements

1. Bachelor’s degree in Business Administration, Economics, Finance, or related field.
2. Minimum two (2) years of relevant work experience in a related field, preferably in the energy industry or with strong technical expertise.
3. Enthusiastic learner with demonstrated ability to thrive in a fast-paced work environment.
4. Strong analytical skills with excellent attention to detail and quality of work.
5. Self-starter with the ability to work independently under minimal supervision and as part of a large team.
6. Ability to locate and collect data from appropriate sources and analyze it to prepare meaningful and concise reports.
7. Ability to self-motivate and work on a variety of tasks and projects simultaneously in an ever-changing environment.
8. Strong organizational skills and the ability to work under tight deadlines.
9. Capable of solving problems and using sound judgment in the decision-making process.
10. Excellent written and oral communications skills.
11. Advanced Excel skills (i.e. Macros, Pivot Tables, Visual Basic, Power Query).

Urban Grid offers an exciting benefits package, including medical, dental, vision, health savings account, flexible spending account, company-paid life insurance, short-term disability, long-term disability, voluntary life, paid parental leave, and a retirement plan with matching. Full-time position with a competitive compensation package, including bonus.