Power Settlements Analyst

LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate over 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity.  

LRE continues to help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment. 

Job Summary:

 The Settlement Analyst (L16) will be responsible for conducting settlement analysis on the bilateral (ICE and 3rd Party), PPAs and ISO driven trades in the portfolio. The Analyst will issue a settlement report per the requirements in the Leeward protocols.

Essential Functions:

• Validate power generation and pricing data using internal and external sources and develop settlement statements for trades, PPAs and generation assets.

• Manage REC (Renewable Energy Certificates) Settlements, providing Accounting details to record REC transactions.

• Identify and resolve differences and disputes between anticipated and realized settlement values.

• Send daily power meter data validations to counterparties while adhering to market deadlines.

• Create and maintain templates/tools with generation and price detail for off-takers and hedge counterparties per executed contract and trades.

• Work with finance and accounting to ensure invoices are issued and collected on time to meet all payment deadlines.

• Perform analytical research to determine cause and resolve settlement/invoicing discrepancies.

• Continuously monitor counterparty settlements and ensure they are captured in the ETRM.

• Assist other departments with financial and market analysis as requested.

• Assist with onboarding of new projects in the development stage.

• Identify process improvements and automation opportunities to improve invoice production timeliness and achieve other efficiencies.

Qualifications:

• 2 to 3 years experience as a Settlement analyst or an analyst on energy trading desk.

• Experience with one of more of these ISOs: ERCOT, CAISO, PJM, SPP or MISO including market settlements.

• Ability to analyze and organize data to drive solutions and action plans.

• Ability to develop, build and maintain models in excel, Power BI and Tableau.

• Coding experience with SQL and Python preferred.

• Knowledgeable of Energy Trading and Risk Management (ETRM) systems, Adapt2 experience preferred.

• Strong presentation and communication skills.

• Ability to multi-task and coordinate multiple information requests.

• Ability to meet deadlines and organize workflows.

• Self-starter; able to operate with minimal supervision

• Must hold Bachelors Degree in Business or STEM.

• Proficient with Excel, Power Point and Word

Physical Demands:

• This position will travel 5 % of time

• Position will require sitting for long periods of time as well as occasionally lifting up to twenty-pound boxes.

Please Note: This is an in-office role, requiring on site presence in our office a minimum of three days per week with hybrid flexibility of working remotely two days per week, subject to manager and policy approval. #LIHybrid

Applicants must have current authorization to work for any employer in the United States on a full-time basis without the need for an employment visa now or in the future. Employer visa sponsorship is not available for this role.

Leeward Management Services, LLC is committed to employing a diverse workforce and provides equal employment opportunity for all individuals regardless of race, color, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.

Notice to Recruiters and Staffing Agencies:Leeward Renewable Energy (LRE) does not accept unsolicited resumes from recruiting vendors or employment agencies. Only recruiting vendors with a current, signed agreement in place with LRE are authorized to submit resumes for specific, requested positions. All unsolicited resumes and candidate profiles submitted to LRE, or any LRE employee, without an active agreement or written request from LRE’s HR Department, will be considered property of LRE. LRE will not be responsible for any fees or expenses associated with unsolicited resumes or candidates submitted in this manner.