- Reconcile ISO settlement costs to customer invoiced revenues in retail market, ensuring accurate reporting of margins
- Populate pass-through billing curves to collect all pass-through costs
- Prepare monthly revenue and cost variance analyses (Estimates & Actuals), participate in monthly close activities, and provide analysis for prior period adjustments and other reconciliations as required
- You hold a Bachelor's degree in Economics, Finance, or related field
- A minimum of two (2) years of retail or wholesale power experience
- You are proficient in ISO and wholesale trade settlements, with expertise in retail electricity markets
- You have advanced quantitative, data analysis, and modeling skills
- You are proficient in Microsoft Excel, MS SQL, and Oracle SQL
- You have familiarity with Microsoft PowerPoint and Word
- You possess strong communication, interpersonal, attention to detail, and problem-solving skills
- This role is eligible for our hybrid work policy
- Must be willing and able to comply with all ENGIE ethics and safety policies
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Power Settlements Analyst II - Houston, United States - ENGIE
Description
What You Can Expect
As our Power Settlements Analyst II, you will be part of the Mid-Office Settlements team, which is responsible for estimating, reconciling, and explaining the revenue and cost of goods sold for the retail business. In this role, you will collaborate with various departments, including Portfolio Management, Forecasting, Operations, Finance, and Accounting. Additionally, you will be involved with supporting Mid-Office activities across several regions, including the Electric Reliability Council of Texas (ERCOT), Pennsylvania, Jersey, Maryland Power Pool (PJM), Independent System Operator New England (ISO-NE), New York Independent System Operator (NYISO), and Midcontinent Independent System Operator (MISO). Your responsibilities will include month-end estimation of volume, revenue, and hedge P&L; reconciling estimates to actuals; and providing explanations for gross margin results and variances to management. This role sits in Houston, TX and reports to the Director, Settlements.
What You'll Bring
Additional Details
Compensation
Salary Range: $62,400 – $87,150 USD annually
This represents the average expected pay range for a qualified candidate.
Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.
ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.
In addition to base pay, this position is eligible for a competitive bonus / incentive plan.
Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.
Why ENGIE?
ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it Join us as we develop energy that is renewable, efficient, and accessible to everyone.
At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.
We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA- This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.
