Back Office Us Analyst

3 weeks ago


Chicago, United States RWE Supply & Trading Full time

**Back Office US Analyst**:

- **Location(s)**:

- Chicago, IL, US, 60654

**RWE Supply & Trading Americas, LLC **, **Chicago**

**To start as soon as possible, **full time / part time **, **permanent**

**Functional area**:Commercial / Trading

**Your Future Plans**

Our Back Office US function at RWE Supply & Trading Americas (RWESTA) is responsible for wholesale, contract, and trade settlements in North American markets. This includes confirming and settling deals, calculating and settling nonstandard contracts, as well as validating and processing grid (merchant) settlements.
They are also responsible for providing comprehensive and quality checked control within the ‘Trade Lifecycle Process’ across Front Office, Back Office, Risk, Finance, Accounting and Legal, so close cooperation with these areas is key.
We have a diverse commodity portfolio including power, ancillary services, renewable energy certificates, and gas. Without Back Office as the operational backbone of the trading business, nothing would work

**The Role**
Do you have a keen interest in energy markets and working with a hard-working, collaborative team? Have you gained some energy grid knowledge in your job or through qualifications? If so, this could be the opportunity for you

In your new role the key responsibilities will include:

- Analyze revenue sources for revenue recognition of electricity sales contracted via Power Purchase Agreements (PPAs) and merchant energy sales
- Ensure timely and accurate invoicing of internal/external customers across various energy markets, including managing contract relationships
- Conduct meter validation and confirm shadow calculations are accurate and within tolerance
- Communicate validated settlement accrual and invoice data to Revenue Accounting teams for timely and accurate entries
- Develop expertise in electric market settlements (ex. ERCOT, PJM, MISO, NYISO, etc.)
- Maintain and enhance all Settlement systems including PCI, ENDUR, and various complex Excel models, as well as assist in special projects
- Manage auditor requests related to revenue and receivables, ensuring timely completion of supporting schedules

**Your Profile**
Do you have a keen eye for detail and exceptional communication skills? Have you worked in a Settlements / Finance or similar role, within a fast paced environment? Or are you a recent Graduate with relevant qualifications?

Key requirements include:

- Exceptional communication skills as there is frequent contact with the Traders, Schedulers, and Finance, as well as Back Office teams in Swindon and Essen.
- Excellent problem-solving and analytical skills.
- Ability to build effective relationships, but also work independently.
- Extremely well organized and able to work tight timeframes under pressure.
- Ability to prioritize your daily tasks to meet operational deadlines.
- Collaborative team player with excellent interpersonal skills.
- Commercially aware, flexible, confident and assertive.
- Ability to work in a fast paced, changing, corporate environment.
- Intermediate knowledge of MS Office (including Excel, Word, PowerPoint and Outlook).
- Undergraduate degree in business, math, engineering, environmental sciences, accounting, finance, econ, or related field or relevant work experience
- Eagerness to learn and take on challenges in a rapidly growing and dynamic environment
- Advantageous, not a must
- Basic knowledge of IT software such as PCI, ENDUR, and SAP.
- A good understanding of energy settlements and the deal lifecycle.
- Relevant work experience in the energy business.

**Our offer**
Join an international leading energy trading house in a huge period of growth. Our department gives you the opportunity to gain a thorough understanding of the end-to-end trade lifecycle in an energy trading house from trade execution to settlement. Once you have spent some time with us, your knowledge about various commodities such as renewables, coal, biomass, LNG, gas and power will have vastly developed.

In addition, you’ll enjoy a competitive salary, performance-based bonus, and benefits package including:

- Medical, Dental, Vision, 401k match, Commuter benefits
- Open & diverse company culture
- Collaboration with offices around the globe and potential for domestic & international travel Flexible work schedule to allow for great Work/Life BalanceWe look forward to meeting you

Of course, you can find us on LinkedIn, Twitter and Xing, too.

RWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 2000 employees from over 50 different countries trade (renewable) electricity, (green) gas, commodities and CO2 emission allowances. The trading entity also ensures the commercial optimisation of RWE’s power plant dispatch and markets electricity from renewables.



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