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The Settlements Manager, AES Clean Energy, LLC ("CE") works in the fast-paced, high-growth renewable segment of the Company. The primary purpose of the Settlement Manager role is to settle third party and intercompany commodity related trades in a timely an accurate manner. Additionally, the Settlement Manager ensure weekly and monthly statements from various RTOs and ISOs are accurate and accounting is appropriately recorded based on the statements. This role is accountable for managing a team as well as frequent interaction with the Commercial Team, Market Operations as well as other teams within Finance.
Key accountabilities
Accountable for the accurate and timely completion of Settlements activities within area of responsibility
Generate customer invoices and supporting documentation
Settle all 3rd party and intercompany transactions per contractual terms
Ensure funds are received and paid on time and accurately; liaise with counterparties should any discrepancies occur; provide thorough explanations for any outstanding balances
Participate in the monthly close process including P&L tieouts, journal entries, and trade exception reporting and clearing.
Provide exceptional internal and external customer service in order to build and strengthen relationships
Pro-actively seek opportunities to standardize, simplify and automate processes to improve performance and efficiency as well as address underlying root causes
Assist in ensuring assets are appropriately set up in the Company ETRM system
Provide support in response to internal/external audits and litigation
Complete and support special projects as assigned
Essential Education
Bachelor's degree in Accounting or Finance or other similar business degrees
Essential experience and job requirements
Minimum of eight years relevant accounting/settlement experience or experience in the Energy Industry.
Team working capabilities along with strong interpersonal skills
Ability to support change
Understanding of commodities derivatives as well has cash flow hedging concepts.
Proven experience in identifying continuous improvement opportunities
Able to identify and implement innovative solutions
Attention to detail
Technical skills
Adapt2, Allegro & SAP experience preferred
Microsoft Excel (Intermediate) skills
Good understanding of internal controls
Understanding of settlements processes
Results oriented with strong follow through and the ability to bring accountabilities to timely completion.
Job details
Location:
US, Houston, TX
Position type:
Full Time
Date posted:
Job req/ID:
R1063950
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About AES
AES is a global Fortune 500 energy leader dedicated to accelerating the future of energy. Committed to safety and sustainability, our diverse team works together to improve lives across the world while serving the annual energy consumption needs of 22M people globally.
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