Energy Trading Settlements Associate II

Primary Purpose
Executes settlement processes for energy transactions by reconciling trade data, resolving discrepancies, and preparing reports, contributing to operational accuracy and adherence to regulatory and contractual requirements. 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

• Prepares settlement calculations, invoice support, and support account reconciliations for gas purchases, sales, storage, transportation, and related activities.
• Supports month-end close activities and reporting requirements
• Supports the implementation, testing, enhancement, and continuous improvement of ETRM systems and related settlement processes to improve efficiency, accuracy, and control effectiveness.
• Performs detailed reconciliation of trade details across regional energy markets and bilateral agreements.
• Investigates and resolves settlement discrepancies by working with traders, schedulers, and counterparties.
• Updates settlement systems to reflect corrected trade details and pricing adjustments.
• Ensures compliance with internal controls and regulatory requirements during settlement processing.
• Prepares settlement reports for internal stakeholders and external counterparties.
• Monitors settlement timelines to ensure timely completion of all tasks.
• Participates in testing of new settlement tools or system enhancements.
• Communicates moderately complex settlement issues clearly to cross-functional teams.
• Performs other duties as assigned.