Project Manager, Settlements

Clean Power Alliance

1d•Hybrid

About The Position

Clean Power Alliance (CPA) is Southern California’s locally operated not-for-profit default electricity provider for 38 communities within Los Angeles and Ventura counties and the 4th largest electricity provider in the State of California. We provide clean renewable energy at competitive rates to over three million residents and businesses through approximately one million customer accounts. CPA seeks an experienced, highly organized, detailed-oriented, and enthusiastic Project Manager, Settlements to provide operational, analytical, compliance, and other support to our growing team, as we advance clean energy goals in a way that adheres to the local priorities of our member agencies. The Project Manager, Settlements is responsible for reviewing and identifying discrepancies with our California Independent System Operator (CASIO) and bilateral counterparty invoices, validating transactions of wholesale market products, and performing after the fact analysis on settlements and Congestion Revenue Rights (CRR) to influence resource optimization and CRR strategies.

Requirements

Excellent verbal and written communication skills. Experience and comfort presenting information to colleagues and external consultants.
Excellent organizational, scheduling, and time management skills.
Attention to detail and accuracy.
Ability to work independently on projects, fully own tasks and processes, and follow through to completion.
Ability to act with integrity, professionalism, and confidentiality.
Ability to handle multiple priorities to meet deadlines and escalate key issues.
Adaptable and flexible in a fast-paced, changing operational environment with shifting priorities.
Works well with diverse teams and consultants and is highly collaborative.
Proficient with Microsoft Office Suite (particularly Excel and PowerPoint)
Demonstrate good judgement and integrity
High attention to detail with strong organizational skills.
Communicate effectively, orally, and in writing; and the ability to translate complex technical information into non-technical language
Have a strong work ethic and be comfortable taking initiative/working in a fast paced, start-up environment
Work well on diverse teams and be highly collaborative
Must be able to work at a desk and on a computer for prolonged periods
A bachelor’s degree and at least 2 years relevant experience in energy settlements, scheduling, compliance, market operations, or planning

Nice To Haves

Experience with programming languages (i.e., SQL), data visualization tools (i.e., Tableau, Power BI) and data analysis tools (i.e., R, Python, and SAS) is a plus
Experience in ISO and bilateral wholesale electricity market settlements desired
Understanding of CAISO energy market, including familiarity with CAISO charge codes associated with load and supply resources preferred

Responsibilities

CAISO Settlements: Manage the CAISO settlement process for assigned less complex charge codes including validating weekly CAISO settlement statements, identifying and resolving discrepancies, and resolving disputes with the CAISO to recover incorrect charges.
Contract Settlements: Responsible for the review and validation of bilateral counterparty settlements for assigned less complex contracts of CPA's Power Purchase Agreements (PPAs), including wind, solar, hydro, geothermal, and energy storage. Assist with contract language interpretation and pro forma contract language updates to address recurring settlement issues or inefficiencies. Develop and maintain settlement templates and spreadsheets for a portfolio of bilateral contracts, with a focus on contract settlement accuracy and process efficiency. Escalate issues including but not limited to irregularities, discrepancies, and more complex contracts to the Advisor, Settlements for assistance. Responsible for ensuring accurate and complete information prior to submission for approvals of payments of multi-million dollars.
Wholesale Market Product Settlements: Validate transactions of energy, Resource Adequacy capacity, Renewable Energy Credits (RECs), carbon free energy, and other wholesale products. Collaborate with stakeholders to ensure the settlements of the assigned products comply with contract and product deliveries. Manage communications and interactions with counterparties to ensure accurate information is provided and compliance is met.
Finance and Audit Support: Responsible for providing accurate accruals and timely delivery data to Finance for assigned contracts. Support Finance with reporting, compliance filings, and issue resolution as needed. Assist audit efforts and compile necessary data to ensure accuracy and timely responses to audit requests.
Strategic Analysis: Conducts analysis to identify trends and anomalies that impact operations and provides findings to internal stakeholders. Supports the development of recommendations by analyzing large datasets using established models and methodologies. Contributes to building analytical and operational capabilities through collaborative problem solving. Responsible for performing specific analysis on performance of resources, payment calculations, comparing resource output to contractual obligations and forecasts. Responsible for communicating analytical findings to leadership and CPA’s Risk Management Team (RMT), considering current and future risks and opportunities.
Congestion Revenue Rights (CRR) Analysis: Participate in the monthly and annual CRR process and analyze the results to identify trends and opportunities for improvements. Complete filings at CPA’s discretion as well as other market participation requirements.
Perform other duties as assigned.