Associate Power Purchase Contract Management Specialist

1 month ago

Portland, Oregon, United States PacifiCorp Full time
Job Summary

As an Associate Power Purchase Contract Management Analyst at PacifiCorp, you will play a crucial role in managing pre-commercial and commercial energy supply contracts. Your responsibilities will include certifying completion of contractually required milestones, acceptance of commercial operation, compliance, dispute resolution, and invoice settlement for long-term renewable and non-renewable contracts and agreements. You will also coordinate and implement solutions for issues related to integration of battery technology in long-term power purchase agreements.

Key Responsibilities

• Collaborate with cross-functional teams to ensure effective planning, execution, and monitoring of pre-commercial long-term renewable power purchase agreements.
• Track pre-commercial construction performance milestones and lead monthly meetings with suppliers.
• Assist in identifying potential project risks and developing mitigation strategies in collaboration with project team, Legal, and counterparty.
• Manage accurate and up-to-date documentation, monthly reports collection, and tracking of daily delay damages and relevant correspondences.
• Ensure compliance with regulatory requirements, industry standards, and contract terms through commercial operation of renewable facilities.

Renewable and Non-Renewable Energy Agreements

• Manage and document the tracking, fulfillment, and enforcement of contractual obligations for complex renewable Power Purchase Agreements, non-renewable long-term Power Purchase Agreements, and Transportation Service Agreements.
• Liaise with counterparty and Legal to resolve disputes and finalize contract amendments and metering agreements. Oversee contract terminations or renewals at the end of the contract lifecycle.
• Develop and maintain business processes, systems, and applications to measure contract performance towards obligations with detailed supporting documentation.
• Coordinate and implement contractual and operational solutions for issues related to integration of battery technology in long-term power purchase agreements.
• Estimate and forecast power production for long-term power purchase agreements, for calculation and analysis of financial accruals; track trends in performance and coordinate with counterparty for verification. Prepare monthly accrual documentation for leadership and accounting.
• Provide contract support to Resource Optimization, Transmission, Credit Risk Management, Renewables, Legal, Resource Planning and Analysis, Fuel and Purchased Power, etc.
• Coordinate with Resource Optimization, Legal, Risk Management, and external counterparties to manage the process to set up and execute Energy Master Trading Agreements. Manage the confirmation process; review, record, and file executed confirmations. Participate in RFP process with Resource Optimization.

Compliance, Reporting, and Regulatory

• Prepare and submit timely and accurate data for annual 10-K financial reporting, to be filed with Securities and Exchange Commission for a range of energy, capacity, and transmission contracts.
• Prepare and submit timely and accurate data for statutorily required filings with regulators. Compile and develop energy capacity reporting for Integrated Resource Plan and Energy Supply Plan. Assist with development of narrative and exhibits for regulatory filings.
• Prepare energy capacity reporting for use in management and analysis of current and forecasted energy capacity, as well as use in filings with regulators, Transmission Planning, and Corporate Communications.
• Respond to external audit data requests from suppliers; develop and furnish requested supporting documentation; resolve discrepancies and address findings.
• Develop detailed responses to internal and regulator data requests, for managed energy contracts.
• Perform related duties as assigned.

Requirements

• Bachelor's Degree in Accounting, Economics, Finance, or a related field; or the equivalent combination of education and experience.
• Ability to prioritize multiple tasks and meet deadlines.
• Ability to maintain a high degree of accuracy and attention to detail while meeting established deadlines.
• Strong planning and analytical skills.
• Proficient with personal computers, including spreadsheet, database, word processing, and presentation applications to gather, analyze, and model information.
• Communication and interpersonal skills, including the ability to consult with internal and external customers regarding matters/issues which may be sensitive in nature.
• Ability to work with all levels of an organization, including people with different styles and backgrounds; ability to work as a member of a team.
• Ability to present alternatives and recommendations.

Preferences

• Knowledge of energy industry, project management, contract management.
• Knowledge of applicable federal, state, and local governmental laws and regulations.
• Familiarity with PacifiCorp's transmission system and knowledge of the bulk electric transmission system in the Western U.S.
• Knowledge of power system economics.
• Experience working in a regulated environment.
• Project management skills.

Additional Information

This position is eligible for an annual discretionary performance incentive bonus of up to 12.00% of salary. Benefits include health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit:

Employees must be able to perform the essential functions of the position with or without an accommodation. At PacifiCorp, we celebrate diversity, equity, and inclusion. PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status, or any other category protected by applicable local, state, or U.S. federal law. Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening, including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.

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