Settlements Analyst

Calpine Energy Solutions, LLC; San Diego (CA); On-site; USD 70,000 - 88,000; Full time

Job summary

Calpine Energy Solutions, LLC in California is seeking a dedicated analyst to support the lead and senior analysts of ISO/RTO market settlements for assigned markets, reporting directly to the Manager of Market Settlements. The role focuses on understanding settlement rules, timelines, and reconciliation of ISO/RTO statements.

The position requires strong Excel skills, analytical thinking, and clear communication.

Qualifications

• Bachelor’s degree in mathematics, business, economics or equivalent work experience.
• Strong analytical, communication, and problem-solving abilities.
• Advanced Excel skills required.
• Basic understanding of energy markets or settlements preferred.

Responsibilities

• Understand settlement rules, timelines, and reconcile ISO/RTO market statements.
• Download, summarize and present ISO/RTO market invoices to the lead analyst or settlements manager.
• Support accounting to process ISO/RTO payments and ensure timely invoicing.
• Summarize market changes and trends for the team.
• Troubleshoot discrepancies and streamline invoicing processes.
• Assist quarterly filing of FERC EQR for assigned markets.
• Provide ISO data to internal and external customers.

Skills

Analytical thinking

Communication skills

Excel proficiency

Economics knowledge

Education

Bachelor's degree in mathematics, business, economics or equivalent

Tools

Excel

Job description

Calpine, a business unit of Constellation Energy Corporation (Nasdaq: CEG), is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. With 79 energy facilities in operation, Calpine’s fleet has the capacity to generate approximately 27,000 MW of electricity – enough to power approximately 27 million homes. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

This position will support the lead and senior analysts of ISO/RTO market settlements for assigned market(s) and will report directly to the Manager of Market Settlements.

Job Responsibilities:

• Understand settlement rules, timelines, supporting files and reconcile the ISO/RTO market settlement statement, for assigned market(s)
• Download, summarize and present the ISO/RTO market invoice to the lead market Analyst or Settlements Manager/Director.
• Provide support and coding to Accounting, to process the ISO/RTO payment and ensure invoices are processed timely and accurately.
• Summarize market changes and trends to lead Analyst and/or Manager/Director.
• Work with lead Analyst and/or Manager/Director to troubleshoot, investigate discrepancies and streamline invoicing processes.

Data Reporting

• Quarterly filing of FERC EQR for assigned market(s)
• Provide timely and accurate ISO-published data to both external and internal customers, both on an ongoing basis and ad hoc

Ad hoc support

• Assist lead/senior analysts in researching and responding to inquiries from Front/Mid/Back-office personnel regarding assigned market(s) and related tasks
• Provide support to lead/senior analysts for miscellaneous projects and requests

Job Requirements

• Bachelor’s degree, preferably in mathematics, business, economics or at least 3 years of equivalent work experience
• Effective communication skills, both written and oral
• Ability to convey complex information in a clear and concise manner, tailored to the respective audience
• Strong analytical, critical thinking, and decision-making skills
• Ability to identify issues, analyze data, recommend and implement solutions
• Advanced proficiency in Excel preferred
• Basic understanding of energy markets, metering, retail energy settlements preferred

Salary Range

$70,304 - $88,449.38

Additional Calpine Information

• Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
• Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.