Settlement Analyst

Acciona•Chicago, IL

About The Position

ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world. With more than 30 years of experience and operations in 20 countries on five continents, ACCIONA Energía offers a wide portfolio of tailored energy solutions so that its corporate and institutional clients can meet their decarbonisation goals. This includes the development, engineering, construction, operation and maintenance of renewable power plants -mainly wind and photovoltaic technologies-, energy sales and management and marketing, energy services, self-consumption, electric mobility and new technologies such as storage and green hydrogen. ACCIONA Energía is governed by the most demanding environmental, social and corporate governance (ESG) criteria.

Requirements

Bachelor’s or certificate degree in Business Administration, Accounting, Finance, Economics, or related technical field or equivalent work experience required.
Ability to organize and prioritize issues and workload.
Flexibility to adapt to constantly changing priorities.
Exercising independent judgment and initiative.
Ability to track and meet deadlines.
High level of integrity, thoughtful judgment, and problem solving.
Uses Word, Excel, PowerPoint, Outlook, and other programs to accomplish work.
Commitment to teamwork.
Good communication and listening skills.
Other responsibilities as assigned.

Nice To Haves

Knowledge of electricity or related market regulations, as well as compliance experience, are considered a plus.
Knowledge of Canadian Markets (IESO/AESO), ERCOT, and PJM is a plus.

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. Support monitoring and calculating 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 to ensure compliance and accurate tracking.
QSE and ISO operational coordination, market registrations, operational setup, and coordination with external providers.
Internal and external reporting; transaction status, renewable attributes inventory, tax equity partner reports.
Support for internal and external audit and compliance documents preparation, annual disclosure forms, renewable attributes compliance, certifications, and consolidation of documentation.
Monitor, interpret, and analyze new market developments in the Alberta Electric System Operator (AESO), and support the transition to updated market structures and processes.