Settlement Analyst

Acciona•Chicago, IL

1d•$65,000 - $80,000•Onsite

About The Position

ACCIONA Energía is seeking a Settlement Analyst to join their Power Marketing team. This role is crucial for managing commercial operations related to power purchase agreements (PPAs), market settlements, and energy market compliance in North American energy markets. The position requires strong analytical abilities, meticulous attention to detail, and effective collaboration with both internal and external parties to ensure accurate settlements, reporting, and operational support.

Requirements

Bachelor’s degree or certificate in Business Administration, Accounting, Finance, Economics, or a related technical field, or equivalent work experience required.
Strong organizational skills, analytical thinking skills, and attention to detail.
Demonstrated ability to exercise independent judgment and problem-solving skills in a fast-paced environment.
Proficiency with Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.
Strong communication, teamwork, and interpersonal skills.
Ability to work collaboratively across departments and with external stakeholders.

Nice To Haves

Knowledge of electricity markets, market regulations, and compliance practices is preferred.
Familiarity with Canadian Markets (IESO/AESO), ERCOT, and PJM is preferred.

Responsibilities

Manage and administer power purchase agreements (PPAs), ensuring compliance with contractual terms and performance obligations.
Validate and reconcile all market settlement transactions with system operators and support monitoring and calculation of resettlements.
Ensure accurate payment processing to and from RTOs/counterparties and escalate and document settlement disputes as needed.
Prepare and submit monthly settlement reports and supporting data to the accounting team.
Support analysis of regulations and market rules affecting energy, renewable, and capacity markets and operations.
Oversee and monitor credit and collateral requirements associated with PPAs and ISDA agreements, coordinating with Finance and Credit teams to ensure compliance and accurate tracking.
Support QSE and ISO operational coordination, market registrations, operational setup, and coordination with external providers.
Prepare internal and external reports related to transaction status, renewable attributes inventory, and tax equity partner reporting.
Assist with internal and external audit support, compliance documentation, annual disclosure forms, renewable attributes compliance, certifications, and consolidation of required documentation.
Monitor, interpret, and analyze new market developments in the Alberta Electric System Operator (AESO) and support transitions to updated market structures and processes.
Other responsibilities as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
Employee Assistance Program (EAP)
HSA company contributions
FSA options
401(k) with company match and immediate vesting
Life insurance
Disability coverage
Paid parental leave
15 days of PTO (with 1 additional day per year of service)
9 public holidays
2 flexible holidays
$50 monthly reimbursement for health, wellness, or fitness-related memberships and equipment.