Commercial Manager

1 week ago


Houston, Texas, United States Pro Energy Services Full time
Job Description

Position Summary

The Commercial Manager is a key role that involves managing and optimizing power plant assets to maximize profitability and return on investment. The successful candidate will be responsible for daily settlements, P&L formulation, and portfolio management, with a focus on completing daily settlements, day ahead and real-time P&L formulation.

Key Responsibilities
  • Provide daily P&L and portfolio position reports, rolled up to monthly P&L
  • Confirm settlement invoices with commercial counterparties (power, gas, gas transport, etc.)
  • Produce monthly AMA reports
  • Support plant operations and regulatory reporting (e.g., EIG 923)
  • Coordinate with EMA manager on daily bidding strategy, hedging (daily and term), fuel, and optimization strategies
  • Execute monthly review of budgeted vs actuals for revenue and expenses for each plant
  • Review settlement information and identify areas for improvement
  • Review transmission outages and congestion
  • Perform backcast analysis on portfolio performance and recommend alternative approaches
  • Identify premium nodal points for potential sites
Requirements
  • Engineering, business, finance, or economics degree or related technical field
  • At least three (3) years of asset management/commercial dispatch experience
  • Daily financial settlement experience
  • Analytical experience performing backcast analysis to assist the organization in understanding commercial dispatch performance drivers
  • Excellent commercial skills and a proven track record in planning, budgeting, and financial assessment of power plant assets
  • Analytical data-driven experience in assessing problems, identifying drivers, and determining solutions/adjustments to address
  • Financial/operational experience in terms of understanding the linkages between daily dispatch and operational constraints as understood in communication with operations and remote operations center
  • Organized and systematic approach to tasks requiring a high level of accuracy and efficiency
  • Technical competence (understand software, hardware, networks, etc.) and an ability to optimize a system of managing daily dispatch and P&L formulation that is largely currently spreadsheet-based
  • Exceptional verbal and written communication skills as well as strong presentation skills
  • Must read, write, and speak fluent English
Desired Qualifications
  • Degree in engineering, business, economics, and/or finance
  • Demonstrated experience with strategic planning, budget management, collaborative work initiatives, and working effectively with multiple business functions
  • Previous asset management experience
  • Past, prior experience in managing and adapting a business for successful, high growth
  • Preference will be given to candidates with five (5) plus years of experience
  • Valid US passport and willingness to travel domestically and internationally


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