TransGrid Energy · 2 weeks ago
Senior Settlements Analyst
United States
Full-time
Remote
Senior Level
$110K/yr - $150K/yr
5+ years expTransGrid Energy (TGE) is a renewable energy company focused on investing in, developing, owning, and operating utility-scale battery energy storage systems and PV projects. They are seeking a detail-oriented Settlements Analyst to manage the accuracy and integrity of financial settlements for their operating renewable projects, ensuring revenues, costs, and contractual payments are validated against market data and commercial agreements.
Clean EnergyRenewable EnergySustainability
No H1B
Responsibilities
Validate and reconcile monthly settlements for energy sales, capacity revenues, ancillary services, and optimizer invoices against ISO statements, metered data, and contractual terms
Investigate and resolve discrepancies between market settlements, invoices, and contractual expectations, ensuring accuracy of payments and accruals
Take full ownership of the settlements validation process for all operating assets, ensuring deadlines and deliverables are met
Develop and maintain a calendar that outlines settlements cycles, reporting obligations, and key stakeholder inputs for each project
Build and implement project-specific validation tools and data models to streamline invoice verification and settlement accuracy
Analyze power market and operational data (e.g., LMPs, generation, outages) to verify project revenues and identify anomalies
Work closely with Asset Optimization, Finance, Operations, and other stakeholders to ensure consistent data flow and clear communication across all settlements activities
Provide clear reporting on settlements results, highlighting key variances, performance trends, and corrective actions
Ensure certain regulatory filings such as FERC EQR are completed
Identify and execute automation opportunities using dashboards, APIs, or algorithms to enhance efficiency and accuracy
Support process standardization across TGE’s portfolio by documenting and refining settlements procedures
Qualification
Required
Bachelor's degree in Finance, Economics, Engineering, Data Science, or related field
Minimum 5 years of experience in power market or renewable energy settlements (e.g., ISO/RTO settlements, PPA validations, market accounting)
Strong working knowledge of Power Purchase Agreements (PPAs), BESS tolling agreements, metering data, and market pricing mechanisms
Hands-on experience reconciling data from CAISO, ERCOT, PJM, or other ISO markets
Proven ability to analyze large datasets, identify discrepancies, and communicate findings effectively
Proficiency with Excel and experience using or building data visualization or analysis tools (Power BI, Tableau, Python, SQL)
Exceptional attention to detail and ability to manage multiple projects under tight deadlines
Preferred
Experience with automated data validation, scripting, or API integration for settlements workflows
Prior experience in a renewable IPP, trading desk, utility, or asset management organization
Familiarity with O&M contract settlements and performance-based payment structures
Company
TransGrid Energy
TransGrid Energy specializes on developing, owning, and running utility-scale energy storage and photovoltaic projects.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$975M2025-02-25Undisclosed· $270M
2025-02-25Debt Financing· $705M
Leadership Team
Sean Park
President
Company data provided by crunchbase