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ENGIE North America Inc. · 3 days ago

Settlements Advisor

Houston, TX

Full-time

Hybrid

Senior Level

$99K/yr - $152K/yr

7+ years exp

ENGIE North America Inc. is a leader in the Zero-Carbon Transition, and they are seeking a Power Settlements Advisor to manage the estimation and reconciliation of monthly gross margin. This role involves collaboration with various teams to ensure accurate financial reporting and resolution of settlement issues.

Clean EnergyEnergyEnergy StorageGreen BuildingOil and GasPower GridRenewable Energy

No H1B

Responsibilities

Prepare the month end Gross Margin Estimate for assigned scope, communicate to GBS Accounting for booking, and ensure entries are correct in the financial and accounting systems

Prepare monthly revenue & COGS variance analyses (estimates vs. actuals), including price and volume analyses and others as required

Provide reporting and analysis to management and stakeholders on the monthly gross reconciliation. Explain variances, propose solutions/actions, and follow-up on agreed remediations or enhancements

Detect and follow-up customer invoicing issues

Detect and follow-up customer usage and revenue forecasting issues

Maintain (and create, as needed) of market index or pass-through product billing determinant price curves

Work closely with Operations Billing team to ensure accurate invoicing of customers on index or pass-through products

Track, analyze, and report on index and pass-through product margin impacts and long-term neutrality

Validate ISO invoices; reconcile charges and/or data to our internal systems, including clarifying or disputing invoices with the ISOs or counterparties if warranted

Prepare actual revenue and COGS results and communicate to GBS Accounting to facilitate calendarized GL entries

Work closely with IT to support forecast quantity and revenue reliability and data integrity

Work closely with Energy Management Settlement team on the ISO settlement process

Work closely with GBS Accounting for Energy Management on the wholesale counterparty settlement process

Work closely with Portfolio Management, Pricing, Operations, IT, and vendors to ensure accurate system data, reliable processes, and well-coordinated and complimentary business processes

Provide cross-functional support to peers and departments to develop best-in-class end-to-end delivery processes

Provide access to settlements data in a user friendly manner for all stakeholders

Maintain ISO and market knowledge and stay apprised of regulatory issues

Qualification

Power SettlementsFinancial AnalysisISO Market KnowledgeData AnalysisMicrosoft Office SuiteMS SQLOracle SQLSiebel CRMLodestar LPSSCommunication SkillsOrganization Skills

Required

You hold a Bachelor's degree in Finance, Accounting, or Business

In lieu of a degree, you have a combination of years of progressive, hands-on experience in power settlements, financial operations, and accounting processes, with a strong background in ISO market settlements, gross margin reconciliation, and data analysis to support accurate financial reporting

A minimum of seven (7) years' experience in retail or wholesale power

You have a strong background in retail settlements, portfolio management, margin analysis, or financial analysis

You are knowledgeable in ISO and wholesale trade settlements, with the ability to interpret and reconcile complex market data

You have experience working in deadline-driven environments, demonstrating strong organization and follow-up skills

You are an independent thinker with excellent verbal and written communication skills, confident in presenting and defending your work

You are proficient in Microsoft Office Suite and have working knowledge of MS SQL, Oracle SQL, Siebel CRM, and Lodestar LPSS

Benefits

Medical

Dental

Vision

Life insurance

Employer-paid short-term and long-term disability insurance

ESPP

Generous paid time off including wellness days

Holidays and leave programs

401(k) Retirement Savings Plan with a company match

Supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits