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Avangrid Settlements Analyst - Ld/Sr (REN 8963) in Portland, Oregon

Settlements Analyst - Ld/Sr (REN 8963)

Company: AVANGRID RENEWABLES, LLC

Location:

Portland, OR, US

Overview

This role is responsiblefor the timely and accurate settlement of power purchase and sales transactions, including the analysis and reconciliation of contractual information and data, evaluation of systems capabilities, as well as, the development of tools and procedures to handle new or non-standard transactions.

Key Responsibilities

  • Provide detailed analysis in reconciliation and settlement of company trading books for a variety of complex power transactions including tolling, capacity, firming and shaping, transmission, balancing, and bucket deals.

  • Has working knowledge of Energy and Commodity Trading and Risk Management (ETRM) system and energy trading software for credit risk management, market data, accounting, and treasury.

  • Understand contract details, ISO fees, rates, and payment schedules to ensure all items for payment are captured in a timely manner.

  • Proficiency in working with relational data and data flow between systems.

  • Assist with preparation of monthly power trading book forecasts for inclusion in companies’ flash operating results and general ledger month-end closing.

  • Develop, enhance, and maintain sophisticated spreadsheet models to value energy assets and contracts.

  • Experience in process improvement around procedures and software to increase accuracy, efficiency, and timeliness of settlement. The candidate will directly collaborate with team members, project groups, information technology, and cross functional teams to support continuous process improvements and changing business needs.

  • Work closely with internal departments on implementation issues and participate in contract negotiations representing settlements, as needed.

  • Monitor and analyze market performance and market updates related to trading operations and settlements.

  • Translate ISO policy changes into market settlement infrastructure design and processes.

  • Guide team members in identifying root causes of systemic data issues and recommend solutions.

  • Provide assistance to Settlements Manager in evaluating and testing system enhancements and other matters, as requested.

  • Adhere fully to internal controls and continually assess control design and effectiveness.

  • Demonstrated ability to structure a data analysis project and deliver against specific project goals.

  • Maintain thorough understanding of company’s energy management systems and develop tools necessary to enhance capabilities or mitigate deficiencies as necessary.

Required Qualifications

  • Bachelor's degree in business, finance, accounting or related field with a strong background in financial analysis or the equivalent combination of education and experience.

  • 5 years of experience in the energy industry or other applicable work experience relevant to responsibilities of this position (the company may consider a candidate with less experience at a lower level).

  • Must be a self-starting and motivated individual who is able to effectively manage priorities while meeting deadlines for deliverables.

  • Strong verbal and written communication skills with a proven ability to communicate effectively at all levels.

  • Inclusive knowledge of energy management systems and previous experience with one or more information systems (ETRM, OATI, etc.).

Preferred Qualifications

  • Advanced Excel skills

  • A knowledge and understanding of the energy industry or other similar business

  • Thorough knowledge of energy systems performing analyses for renewable energy in organized markets such as ERCOT, MISO, CAISO, PJM, NYISO, and ISNE

  • Experience with Energy Imbalance Market

  • Dashboard/Business Intelligence and analytics (Tableau, Oracle BI, etc.)

Additional Success Factors

  • Ability to navigate and succeed in a highly matrixed reporting structure, preferably at an international company.

  • Takes action beyond that required by explicit job responsibilities; sets high performance goals, and originates action rather than responding to the action of others.

  • Demonstrated communication and interpersonal skills with strong focus on teamwork and interface with a broad range of work groups.

  • Strong prioritization and multi-tasking skills with the ability to operate in a complex, rapidly changing business environment with typically tight schedules and demanding targets.

  • Ability to analyze project risks and proactively identify solutions with a flexible, creative, and solution-focused outlook on problem solving.

  • The successful candidate is responsible for becoming a subject matter expert in the assigned energy markets and business function area.

All offers of employment are contingent upon the successful completion of a medical Fit for Duty exam, background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. A Motor Vehicle (MVR) check will be administered when a prospective employee will be regularly using a company vehicle. Avangrid Renewables is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as an individual with a disability, or any other status or class protected by federal or state law.

Avangrid Renewables is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as an individual with a disability, or any other status or class protected by federal or state law.

AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. Learn more about equal employment by following this link

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at 203-499-2777 or careers@avangrid.com

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