Settlement Analyst

LanceSoft•White Plains, NY
•Hybrid

About The Position

The Settlement Analyst supports the Settlements team's daily and monthly deliverables. The role analyzes and reconciles energy and capacity NYISO transactions, supports invoice estimates and reporting, reconciles commodity invoices with third parties, and assists with cost allocations. The analyst develops working knowledge of relevant wholesale energy contracts, tariffs, and agreements to perform settlement calculations and respond to customer and internal inquiries about their administration. The position is based in White Plains, New York, and is described as a 12-month assignment. It is hybrid with a minimum of three days onsite per week, though it may be fully onsite depending on department requirements. The stated pay rate is $35–$38 per hour on W2.

Requirements

  • Bachelor's degree in Finance, Accounting, Economics, Engineering, or a related field.
  • Strong verbal and written communication skills.
  • Ability to provide accurate reports, summaries, and electronic data to internal and external stakeholders by agreed deadlines.
  • Ability to demonstrate understanding of NYISO market dynamics and the role of Settlements.
  • Basic understanding of cost allocation calculation methodologies.
  • Proficiency with Microsoft Excel, including Pivot Tables and database formulas such as SUMIF and VLOOKUP.

Nice To Haves

  • Knowledge of NYISO Settlements systems, including DSS, SDX, and ICAP/UCAP AMS.
  • Proficiency in Microsoft Power BI data visualization.
  • Utility or commodities experience.

Responsibilities

  • Analyze, reconcile, and evaluate the accuracy, amounts, and classification of energy and capacity NYISO transactions.
  • Support the creation of daily and monthly invoice estimates, analyses, and reports for Accounting and other internal and external stakeholders.
  • Reconcile physical and financial commodity invoices with third parties and work with Accounts Payable and Sales & Energy Accounting teams to process invoices.
  • Focus reporting on deal structuring and settlement.
  • Assist with allocating costs to associated cost centers, customer groups, and individual customers according to company procedures or contracts.
  • Develop working knowledge of relevant wholesale energy contracts, tariffs, and agreements to perform settlement calculations.
  • Provide support for customer and internal inquiries related to administration of agreements.
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