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Senior Settlements Analyst

RWE Renewables America, LLC
life insurance, parental leave, paid time off, 401(k)
United States, Chicago
June 14, 2023

RWE Clean Energy, LLC

We are currently seeking an innovative and talented individual for the position of Senior Settlements Analyst. The successful candidate will be responsible for the settlements of wholesale energy sales and analysis associated with these activities. The successful candidate will also be expected to become an expert in energy accounting and analysis with an emphasis on Power Purchase Agreements while acting as a resource to other departments within the Company. The candidate will read and understand contractual obligations for the delivery of energy.

Responsibilities:

  • Analyze all revenue sources for proper revenue recognition of electricity sales contracted via Power Purchase Agreements (PPAs) and merchant energy sales, accounting for imbalance energy settlements.
  • Build and maintain settlement models based on executed contracts.
  • Ensure timely and accurate invoicing of internal/external customers across various energy markets.
  • Conduct meter validation and confirm shadow calculations are accurate and within tolerance.
  • Communicate validated settlements accrual and invoice data to Revenue Accounting for timely and accurate entries.
  • Maintain and enhance all Settlement systems, including PCI, Endur, and various complex Excel models.
  • Manage auditor requests related to revenue and receivables, ensuring timely supporting schedule completion.
  • Communicate and collaborate effectively with front-office and middle-office personnel.
  • Assist in special projects.
  • Contribute towards process improvement and software implementation initiatives

Qualifications:

  • Minimum four years of experience in energy settlement with a focus on Power Purchase Agreements, merchant sales, and energy hedge transactions.
  • Undergraduate degree in accounting, finance, or related field
  • Normal business hours; overtime, late evenings, possible weekends, holidays during the closing, and high peak periods.
  • Willingness to travel for a few days out of the year.
  • A self-starter with excellent interpersonal and communication skills
  • Strong ability to work in a collaborative environment.
  • Well-organized and detail-oriented with excellent problem-solving skills.
  • Enthusiastic about providing good customer service experience for internal and external customers.
  • Eagerness to learn and take on challenges in a rapidly growing and dynamic environment.

Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.

RWE is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

For 125 years RWE has been the source of energy for millions of people across the globe. Now we're making all that energy green. This decade alone we're investing 50bn into renewables and will be carbon neutral by 2040 - ten years earlier than most other global targets. This is a chance to play a key role on our journey.

Join our renewables specialists, working across the clean energy spectrum to grow our operations to 50 GW by 2030 - with some of the world's largest on and offshore wind farms and industry-leading hydrogen initiatives. We're also considered innovators in solar development including floating photovoltaics and agri-photovoltaics. Or add your expertise to our supply and trading operations, brokering renewable electricity, green gas, commodities, and CO2 emission allowances from one of our advanced energy trading floors.

We look forward to meeting you! Apply today.

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