Settlements Analyst

This analyst level position is responsible for the processes related to validating and reconciling physical and financial bilateral trading invoices, ISO / RTO invoices, transmission invoices, managing P&L reporting , and reconciling reporting needs with accounting teams.

Additional responsibilities will include supporting the quarterly EQR filings, trade control processes, and reporting of counterparty collateral balances.

Compensation Range $60,000 - $80,000 annual base salary.

Responsibilities :

• Maintain the settlement system processes and P&L reporting
• Understand settlement rules, timelines and supporting files, validate and reconcile the ISO / RTO market simulation shadow settlements statement, invoices and settlement details to ensure that new and revised charges are configured in accordance with published Business Practice Manuals and Tariffs;
• Identify potential problems, present alternatives and proposed solutions
• Process and account for financial and physical transactions using internal software and accounting processes
• Provide various financial reports to trading, risk, accounting, and market operations, and other departments as needed
• Balance Sheet Reconciliation / General Ledger tie out
• Interact with accounting on weekly cash requirements for various ISO / RTO, invoice and reporting duties as needed
• Calculate estimate and actual price curves for billing
• Provide timely and accurate financial information to both external and internal customers.
• Other duties may be assigned

Qualifications and Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related field
• 3-5 years of work experience in the electric utility industry
• Experience with industry-standard financial analysis software such as Allegro, Lodestar, and Revenue Manager.
• Direct experience in the wholesale or retail electric markets
• Experience in market settlements or operations with solid Uunderstanding or direct experience of RTO / ISO market rules.
• Strong Excel spreadsheet modeling skills
• Excellent verbal and written communication skills
• Strong quantitative and analytical skills, with ability to perform ad hoc research, quantification, and reporting

Essential Physical Abilities :

• Ability to meet highest attendance requirements
• Ability to communicate effectively, both written and verbally
• Ability to handle multiple assignments on a timely basis with a high degree of accuracy
• Ability to use personal computer, calculator, etc. Could involve some lifting

About Guzman Energy Group

Guzman Energy Group is a new type of energy company, one designed specifically to help transition the old energy economy into the renewable age.

We are a full-service wholesale power provider focused on providing market-based solutions to address our customers’ energy challenges.

We are a fast-paced group in growth mode, tackling multiple strategic initiatives with the goal of delivering reliable, affordable and sustainable power to our customers.

Guzman Energy Group provides an environment where all employees are valued, respected and provided with the opportunity to achieve maximum performance.

We offer a comprehensive pay package that includes competitive compensation, annual company and performance-based incentive bonuses, paid time off, medical benefits, 401(K) programs with employer match and nine holidays per year.

Please email your resume to the Director of Human Resources, Bettina Gensollen, at bgensollen@guzmanenergy.com

Guzman is an equal opportunity employer and hires without regard to race, color, religion, ancestry, sex, citizenship, national origin, marital, military and veteran status, age, disability, medical condition, genetic information, gender identity, gender expression, sexual orientation, family status, pregnancy, or