Senior Analyst - Settlements

Avangrid Boston, MA $100,800 - $126,000
Full Time Senior Level 5+ years

Posted 4 weeks ago

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About This Role

This role is responsible for the timely and accurate settlement of power purchase and sales transactions, including the analysis and reconciliation of contractual information and data. The Senior Analyst will evaluate systems capabilities and develop tools and procedures for new transactions.

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
  • 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 operating results and general ledger month-end closing
  • Develop, enhance, and maintain sophisticated spreadsheet models used to value energy assets and contracts
  • Manage energy contracts and ensure all activities are in compliance with contract provisions
  • Work closely with internal departments on implementation issues and participate in contract negotiations
  • 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

Requirements

  • Bachelor's degree in business, finance, accounting or related field
  • 5 years’ experience in the energy industry or other applicable work experience relevant to responsibilities of this position
  • Self-starting and motivated individual who is able to effectively manage priorities while meeting deadlines for deliverables
  • Strong verbal and written communication skills
  • Thorough knowledge and previous experience with one or more information systems

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’ experience in the energy industry or other applicable work experience relevant to responsibilities of this position

Nice to Have

  • Advanced excel skills
  • Knowledge and understanding of the electricity industry or other similar business
  • Thorough knowledge of energy systems performing energy analyses for renewable energy market in organized power pools such as ERCOT, MISO, CAISO, and PJM

Skills

Excel *

* Required skills

Benefits

Dental Insurance
Tuition assistance
Well-being programs
Student loan debt repayment program
Vision Insurance
Opportunities for professional development
Internal mobility
Medical Insurance
Career advancement
Generous PTO policy
401(k) Match (12%)

About Avangrid

Energy & Utilities
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