Sr. Settlements Analyst

Leeward EnergyHouston, TX
Hybrid

About The Position

LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate over 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity. LRE continues to help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment. Job Summary: The Settlement Analyst will be responsible for conducting settlement analysis on the bilateral (ICE and 3rd Party), PPAs and ISO driven trades in the portfolio. The Analyst will issue a settlement report per the requirements in the Leeward protocols.

Requirements

  • 2 to 3 years’ experience as a Settlement analyst or an analyst on energy trading desk.
  • Experience with one of more of these ISOs: ERCOT, CAISO, PJM, SPP or MISO including market settlements.
  • Ability to analyze and organize data to drive solutions and action plans.
  • Ability to develop, build and maintain models in excel, Power BI and Tableau.
  • Coding experience with SQL and Python preferred.
  • Knowledgeable of Energy Trading and Risk Management (ETRM) systems, Adapt2 experience preferred.
  • Strong presentation and communication skills.
  • Ability to multi-task and coordinate multiple information requests.
  • Ability to meet deadlines and organize workflows.
  • Self-starter; able to operate with minimal supervision
  • Must hold Bachelors Degree in Business or STEM.
  • Proficient with Excel, Power Point and Word

Nice To Haves

  • Coding experience with SQL and Python preferred.
  • Adapt2 experience preferred.

Responsibilities

  • Validate power generation and pricing data using internal and external sources and develop settlement statements for trades, PPAs and generation assets.
  • Manage REC (Renewable Energy Certificates) Settlements, providing Accounting details to record REC transactions.
  • Identify and resolve differences and disputes between anticipated and realized settlement values.
  • Send daily power meter data validations to counterparties while adhering to market deadlines.
  • Create and maintain templates/tools with generation and price detail for off-takers and hedge counterparties per executed contract and trades.
  • Work with finance and accounting to ensure invoices are issued and collected on time to meet all payment deadlines.
  • Perform analytical research to determine cause and resolve settlement/invoicing discrepancies.
  • Continuously monitor counterparty settlements and ensure they are captured in the ETRM.
  • Assist other departments with financial and market analysis as requested.
  • Assist with onboarding of new projects in the development stage.
  • Identify process improvements and automation opportunities to improve invoice production timeliness and achieve other efficiencies.
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