Senior Settlements Analyst
3 weeks ago
OverviewSenior Settlements Analyst - Houston, TexasAlpha Generation manages and operates power generation facilities that provide reliable, secure, safe, and sustainable power. ArcLight Capital Partners owns AlphaGen assets across power, renewables, strategic gas, battery storage, and transformative infrastructure sectors.Reporting to AlphaGen’s Sr. Manager, Settlements, the Sr. Settlements Analyst is a core member of the Settlements team, responsible for the end-to-end settlements process for wholesale power trading, dispatch, hedging, and related transactions within the company. This role ensures accurate calculation, reconciliation, and reporting of financial obligations arising from energy market transactions, bilateral deals, and asset operations. The position serves as a link between trading, risk management, accounting, and counterparties, providing analytical oversight and ensuring compliance with market rules, contractual obligations, and internal policies.ResponsibilitiesOversee daily, monthly, and quarterly settlements; reconcile ISO statements, charge codes, capacity, ancillaries, and transmission.Ensure settlement accuracy in AlphaGen’s ETRM system and investigate discrepancies.Prepare journal entries, accruals, and reconciliations; support month-end close and audits.Deliver daily portfolio P&L estimates (T-1) and weekly MTD/BOM reports with variance analysis against budget and updated forecasts.Lead process improvements, automation, and system enhancements to strengthen accuracy and efficiency.Serve as subject matter expert for settlements and accounting; train and mentor junior analysts.Partner with trading, finance, accounting, and operations to align settlements and reporting with business objectives.QualificationsBachelor’s degree in Accounting, Finance, Economics, or related field.CPA strongly preferred; MBA or MAcc a plus.2-4 years of experience in ISO settlements, revenue accounting, or power markets.Experience with NYISO, PJM, and ISO-NE considered highly preferable.Strong accounting and reporting background; public accounting experience desirable.In-depth, hands-on experience with and knowledge of ETRM platforms.Advanced Excel; strong communication, organization, and leadership skills.Equal Opportunity Employer: AlphaGen is an equal opportunity employer.Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time. #J-18808-Ljbffr
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