Trade Operations & Settlements Analyst

Gridmatic•Cupertino, CA

2d•$120,000 - $170,000•Hybrid

About The Position

Gridmatic is a high-growth startup and a new kind of energy company, delivering affordable, clean power by optimizing renewable energy and grid-scale batteries. With offices in the Bay Area and Houston, we bring together Silicon Valleyâstyle innovation with deep, hands-on expertise in real-world power markets and energy retail. As solar and wind become the fastest-growing sources of electricity, variability from weather and grid conditions makes energy prices more volatile. Gridmatic tackles this challenge with industry-leading forecasting and optimizationâand gives our team the opportunity to work on problems that truly matter. Forecasting and trading energy are the foundation of what we do. We ingest large-scale dataâweather, prices, load, and grid conditionsâto build probabilistic machine learning forecasts that drive real operational decisions. Our work directly determines when power is bought, stored, or deployed, turning uncertainty into value for customers and the grid. Our impact is measurable. Gridmatic is the most profitable participant in ERCOTâs wholesale market and operates the top-performing battery asset in CAISO. Profitable without venture capital, we offer a collaborative, low-ego environment where rigorous thinking, autonomy, and continuous learning are core to how we work. We are seeking a Trade Operations & Settlements Analyst to join our Houston or Bay Area team. You will set up tracking, reporting, and clean accounting data for the growing trading business, building the infrastructure that allows our bilateral and physical power business to scale. Location: In office hybrid, Cupertino, CA or Houston, TX We value the ability to work and collaborate in-person, so Gridmatic has a hybrid policy of 50% in-office.

Requirements

Bachelorâs degree in Accounting or Finance
3-5yrs+ experience interacting with a trading business â specifically in energy or power markets
Understanding of financial accounting principles and commodity trading
Proficiency in Microsoft Excel and advanced formulas, with error checking
Attention to detail and comfort admitting mistakes
Clear and consistent communication abilities
An entrepreneurial and collaborative mindset

Nice To Haves

Experience with python and SQL to analyze and visualize data
Experience working at a physical power marketer, including the nuances of bilateral power contracts (ISDAs, EEIs) and ISO settlements

Responsibilities

Trade Lifecycle Management: Own the end-to-end capture and confirmation process for bilateral, physical, and non-standard electricity trades.
Data Integrity: Own the data quality of trade settlements, cash, and associated risk to ensure accurate reporting and database management. Prepare invoices and systematize their timing.
Financial Reporting: Build dashboards and reports to present results to the front and middle office. Facilitate monthly, quarterly and annual financial reporting and PnL reconciliations across multiple teams.
External Relations: Act as the primary point of contact for external counterparties regarding confirmations and billing disputes. Collaborate with external auditing teams if necessary