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Reporting to the Director, Conventional Accounting, the Settlements Analyst is responsible for managing the revenue billing and accounts receivable process for large utility-scale solar and wind plants, understanding contractual stipulations associated with “price” and “quantity” (as these inputs drive settlement activity), and managing documents and ensuring regulatory compliance with Sarbanes Oxley requirements. This position is also responsible for managing shadow settlements for various ISOs (independent system operators). This role collaborates internally with the Accounting team, Asset Management team, and Energy Risk Management team and externally with customers and other third parties.
Job Responsibility:
Managing the revenue billing and accounts receivable process for large utility-scale solar and wind plants
Understanding contractual stipulations associated with “price” and “quantity”
Managing documents and ensuring regulatory compliance with Sarbanes Oxley requirements
Managing shadow settlements for various ISOs (independent system operators)
Managing the dispute process with the ISO and qualified scheduling entities (QSE)
Responsible for the management of all assigned ISO processes, including data management, reporting, and timely analysis
Support the Accounting team with various tasks, including recording settlement activity as part of accounting close, managing regulatory filings and audit requests, and performing trend analyses
Responsible for all revenue billing and cash applications for all large utility-scale solar and wind projects
Provide reports, analyses, trend analyses, or other ad hoc reports as required by both internal and external parties to support legal, regulatory, and commercial requirements
Responsible for maintaining all documentation related to settlement processes in support of internal and external audits and Sarbanes-Oxley requirements
Engage in special projects or requests as needed
Requirements:
Bachelor’s degree in finance/accounting or related field required
Minimum of 2 years in accounting or finance
Knowledge of SAP, general financial reporting software, and applicable power and utilities platforms used for invoicing and recording is needed
Knowledge of accounts receivable (and to a limited extent) accounts payable process
Ability to work well in a team-oriented, collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives
Intermediate Microsoft Excel skills, such as queries, pivot tables, and formulas, and proficiency with other Microsoft Office products
Written and verbal communication skills that enable effective communication with various groups within the company (particularly the Accounting and Asset Management teams)
Nice to have:
1-2 years of settlement experience is highly preferred
Previous energy industry experience is preferred
Analytical and problem-solving skills
Detail-oriented
Baseline knowledge of the renewable energy industry is preferred
What we offer:
Generous PTO
Medical, dental & vision care
HSAs with company contributions
Health FSAs
Dependent daycare FSAs
Commuter benefits
Relocation
401(k) plan with employer match
A variety of life & accident insurances
Fertility programs
Adoption assistance
Generous parental leave
Tuition reimbursement
Benefits for employees in same-sex marriages, civil unions & domestic partnerships
Annual cash bonus, subject to personal and company performance goals
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