Settlements Manager

AES Corporation; Houston (TX); On-site; USD 80,000 - 110,000; Full time

Job summary

AES Corporation is seeking a Settlements Manager to oversee and ensure accurate settlements in the renewable segment. This role involves managing a team, interface with various departments, and improving processes while providing exceptional customer service.

The ideal candidate will have a Bachelor's degree in Accounting or Finance, at least eight years of experience in accounting or settlements, and knowledge of commodities derivatives. Skills in Microsoft Excel and experience with AdaptOr/Allegro or SAP are preferred.

Qualifications

• Minimum of eight years relevant accounting/settlement experience or experience in the Energy Industry.
• Understanding of commodities derivatives and cash-flow hedging concepts.
• Proven experience in identifying continuous improvement opportunities.

Responsibilities

• Accountable for the accurate and timely completion of settlement activities.
• Generate customer invoices and supporting documentation.
• Ensure funds are received and paid on time and accurately.

Skills

Team working capabilities

Strong interpersonal skills

Attention to detail

Technical skills

Results oriented

Microsoft Excel (Intermediate)

Education

Bachelor’s degree in Accounting or Finance

Tools

AdaptOr/Allegro

SAP

Job description

Are you ready to be part of a company that’s not just talking about the future, but actively shaping it? Join The AES Corporation, the largest US‑based global power company with a team of 8,300 employees across 12 countries. AES has been ranked #1 by BloombergNEF in renewable energy sales to corporations in the US and Americas for five consecutive years, providing electricity for millions of people worldwide. We are proud to foster a strong workplace culture, earning prominent positions in Great Place to Work rankings across the markets where we operate. AES was also named one of the World’s Most Ethical Companies for the 13th consecutive year in 2026, highlighting our dedication to integrity, transparency, and responsible business practices.

Our spirit of innovation continues to earn industry recognition. AES is the only seven‑time winner of the Edison Electric Institute’s Edison Awards in the twenty‑first century, a distinction honoring global leadership in advancing the electric power industry. If you’re ready to be part of a company that’s not just adapting to change, but driving it, AES is the place for you. We’re not just building a more sustainable future, we’re powering it. Apply now and energize your career with a true leader in global energy.

Settlements Manager – AES Clean Energy, LLC (CE)

The Settlements Manager works in the fast‑paced, high‑growth renewable segment of the Company. The primary purpose of the role is to settle third‑party and intercompany commodity‑related trades in a timely and accurate manner. Additionally, the Settlement Manager ensures weekly and monthly statements from various RTOs and ISOs are accurate and accounting is appropriately recorded based on the statements. This role is accountable for managing a team as well as frequent interaction with the Commercial Team, Market Operations and other teams within Finance.

Key accountabilities

• Accountable for the accurate and timely completion of settlement activities within area of responsibility
• Generate customer invoices and supporting documentation
• Settle all 3rd party and intercompany transactions per contractual terms
• Ensure funds are received and paid on time and accurately; liaise with counterparties should any discrepancies occur; provide thorough explanations for any outstanding balances
• Participate in the monthly close process including P&L tie‑outs, journal entries, and trade exception reporting and clearing
• Provide exceptional internal and external customer service to build and strengthen relationships
• Pro‑actively seek opportunities to standardize, simplify and automate processes to improve performance and efficiency as well as address underlying root causes
• Assist in ensuring assets are appropriately set up in the Company ETRM system
• Provide support in response to internal/external audits and litigation
• Complete and support special projects as assigned

Essential Education

Bachelor’s degree in Accounting or Finance or other similar business degrees.

Essential experience and job requirements

• Minimum of eight years relevant accounting/settlement experience or experience in the Energy Industry
• Team working capabilities along with strong interpersonal skills
• Ability to support change
• Understanding of commodities derivatives and cash‑flow hedging concepts
• Proven experience in identifying continuous improvement opportunities
• Able to identify and implement innovative solutions
• Attention to detail
• Technical skills
• AdaptOr/Allegro & SAP experience preferred
• Microsoft Excel (Intermediate) skills
• Good understanding of internal controls
• Understanding of settlements processes
• Results oriented with strong follow‑through and the ability to bring accountabilities to timely completion

AES is an Equal Opportunity Employer who is committed to building strength and delivering long‑term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E‑Verify Notice: AES will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee’s I‑9 to confirm work authorization.