Energy Trading Settlements Senior I

Primary Purpose
Oversees complex settlement activities across multiple energy products, analyzes variances, and leads process improvements to enhance accuracy, efficiency, and compliance within the settlement function. The position is part of a collaborative accounting team supporting commodity and derivative activities across energy markets, including natural gas, and other related products. The team works closely with cross-functional partners, including Risk, Commercial, and Operations. The environment offers exposure to evolving processes, market dynamics, and technical accounting topics.

Duties and Responsibilities

• Performs settlement and accounting activities related to gas management transactions, including purchases, sales, storage, transportation, optimization activities, and related fee calculations.
• Reviews and analyzes settlement statements, invoices, and supporting documentation to ensure accuracy and compliance with contractual terms and internal controls.
• Partners with Commercial, Risk, Operations, Tax, and Accounting teams to resolve settlement, invoicing, and contractual interpretation issues.
• Supports the implementation, testing, enhancement, and continuous improvement of ETRM systems and related settlement processes to improve efficiency, accuracy, and control effectiveness.
• Oversees settlement processes for multiple energy products, including energy, ancillary services, and congestion costs.
• Analyzes settlement variances and conducts root-cause investigations, recommending corrective actions.
• Leads small projects focused on improving settlement accuracy and automation.
• Communicates complex settlement issues and solutions to internal stakeholders to build consensus.
• Ensures timely and accurate execution of settlements in alignment with market timelines and contractual obligations.
• Develops and maintains advanced reporting tools for settlement performance tracking.
• Coordinates with internal teams to resolve routine discrepancies in settlement data.
• Collaborates with IT and operations teams to troubleshoot system-related settlement issues.
• Performs other duties as assigned.