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Analyst, Settlements - Ld/Sr (REN) in Portland, OR at Avangrid

Date Posted: 12/6/2018

Job Snapshot

Job Description

Publication date: 06.12.2018REFERENCE: 5106797901

Business and DepartmentPortland Corporate OfficePortland,OR


This role is responsible for the timely and accurate settlement of power purchase and sales transactions, includingthe analysis and reconciliation of contractual information and data, evaluation of systems capabilities, as well as thedevelopment 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 complexpower transactions including tolling, capacity, firming and shaping, transmission, balancing, and bucket deals• Analyze and resolve discrepancies to ensure trading books reflect final trading positions and prices• Decompose complex trading and asset contracts in order to account for and settle component parts• Assist with preparation of monthly power trading book forecasts for inclusion in companies flash operatingresults and general ledger month-end closing• Develop, enhance, and maintain sophisticated spreadsheet models used to value energy assets andcontracts• Manage a number of energy contracts and ensure all activities are in compliance with contract provisions• Work closely with internal departments on implementation issues and participate in contract negotiationsrepresenting 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 recommends solutions• Assist with preparing and managing daily margin status and agreements for power• Provide assistance to Settlements Manager in evaluating and testing system enhancements and othermatters 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 toenhance capabilities or mitigate deficiencies as necessary

Requirements• Bachelor's degree in business, finance, accounting or related field with a strong background in financialanalysis or the equivalent combination of education and experience• 5 years’ experience in the energy industry or other applicable work experience relevant to responsibilities ofthis 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 meetingdeadlines for deliverables• Strong verbal and written communication skills with a proven ability to communicate effectively at all levels• Thorough knowledge and previous experience with one or more information systemsPreferred Qualifications• Advanced excel skills• A knowledge and understanding of the electricity industry or other similar business• Thorough knowledge of energy systems performing energy analyses for renewable energy market inorganized power pools such as ERCOT, MISO, CAISO, and PJM

All offers of employment are contingent upon the successful completion of a medical Fit for Duty exam (only ifapplicable to job requirements), background check, references, drug screen, verification of legal right to work in theU.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will beworking in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. A MotorVehicle (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 foremployment without regard to race, color, religion, sex, national origin, protected veteran status, status as anindividual with a disability, or any other status or class protected by federal or state law.

This opportunity will offerFull Time Exempt