Avangrid · 12 hours ago
Senior Analyst - Settlements
Boston, MA
Full-time
Onsite
Senior Level
$101K/yr - $126K/yr
5+ years expAvangrid is a leading energy company, and they are seeking a Senior Analyst - Settlements to ensure the timely and accurate settlement of power purchase and sales transactions. The role involves analyzing and reconciling contractual information and developing tools to handle complex transactions.
Charity
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 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 negotiations representing 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 other matters 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 to enhance capabilities or mitigate deficiencies as necessary
Qualification
Required
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 (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 meeting deadlines 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 systems
Preferred
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 in organized power pools such as ERCOT, MISO, CAISO, and PJM
Benefits
Award winning student loan debt repayment program
12% 401(k) Match
Competitive salary and performance-based bonuses
Comprehensive benefits - including medical, dental, vision and variety of well-being programs
Tuition Assistance
Opportunities for professional development, career advancement, and internal mobility
Supportive and inclusive work environment
Generous PTO policy
Company
Avangrid
Avangrid, Inc.
Founded in 1997Orange, Connecticut, USA
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Alfredo del Canto
SVP Chief of Staff to CEO
Bob Kump
Deputy CEO and President
Recent News
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