Settlements Manager (Energy)

TL;DR

Settlements Manager (Energy): Managing third-party and intercompany commodity trade settlements for the renewable energy segment with an accent on RTO/ISO statement accuracy and financial reporting. Focus on leading a team, optimizing settlement processes through automation, and ensuring compliance with internal controls and audit requirements.

Location: Must be based in Houston, TX, USA

Company

A global power company and leader in renewable energy, providing electricity to millions worldwide with a strong commitment to integrity and sustainability.

What you will do

• Manage the accurate and timely completion of settlement activities for commodity trades.
• Generate customer invoices and ensure all third-party and intercompany transactions are settled per contractual terms.
• Oversee the monthly close process, including P&L tieouts, journal entries, and trade exception clearing.
• Lead and mentor a team while collaborating with Commercial, Market Operations, and Finance departments.
• Identify and implement opportunities to standardize, simplify, and automate settlement processes.
• Support internal/external audits and provide documentation for litigation as needed.

Requirements

• Bachelor's degree in Accounting, Finance, or a related business field.
• Minimum of eight years of relevant accounting or settlement experience in the Energy Industry.
• Strong understanding of commodity derivatives and cash flow hedging concepts.
• Proficiency in Microsoft Excel and experience with ETRM systems.
• Must be authorized to work in the United States (E-Verify employer).
• Proven ability to lead teams and implement continuous improvement solutions.

Nice to have

• Experience with Adapt2, Allegro, or SAP systems.
• Strong background in internal controls and audit support.

Culture & Benefits

• Commitment to a diverse and inclusive workplace culture.
• Recognition as a World’s Most Ethical Company and a Great Place to Work.
• Focus on innovation and leadership in the electric power industry.
• Opportunities for professional growth within a high-growth renewable energy segment.