Settlements Analyst

Manage shadow settlements for ISOs, revenue billing, and accounts receivable for utility-scale solar and wind plants in Houston, United States. Collaborate with internal teams and external parties.

Clearway Energy Group
Clearway Energy Group
Houston, United States  UTC-06:00 — UTC-05:00   On-site   Full Time   501-1000   USD 73k–92k   More than 3 months ago

Reporting to the Senior Manager of Revenue & Settlements, the Settlements Analyst is responsible for managing shadow settlements for various ISOs (independent system operators). This position is also responsible for managing the revenue billing and accounts receivable process for large utility-scale solar and wind plants, understanding contractual stipulations associated with “price” and “quantity” (as these inputs drive settlement activity), and managing documents and ensuring regulatory compliance with Sarbanes Oxley requirements. This role collaborates internally with the Accounting team, Asset Management team, and Energy Risk Management team and externally with customers and other third parties.

What You'll Be Doing

  • Responsible for management of all assigned ISO processes including data management, reporting and timely analysis.
  • Energy settlements experience with complex structured transactions and RTO/ISO Settlements and a fundamental understanding of energy trading risk management (ETRM) systems. Responsible for managing the dispute process with the ISO and qualified scheduling entities (QSE).
  • Support the Accounting team with various tasks including recording settlement activity as part of accounting close, managing regulatory filings and audit requests, and performing trend analyses.
  • Responsible for all revenue billing and cash applications for all large utility-scale solar and wind projects.
  • Provide reports, analyses, trend analyses, or other ad hoc reports as required by both internal and external parties to support legal, regulatory and commercial requirements.
  • Responsible for maintaining all documentation related to settlements processes in support of internal and external audits and Sarbanes Oxley requirements.
  • Engage in special projects or requests as needed.

What You'll Bring

  • Bachelor’s degree in finance/accounting or related field required.
  • Minimum of 5 years in accounting or finance.
  • Knowledge of SAP, general financial reporting software, and applicable power and utilities platforms used for invoicing and recording is needed.
  • Knowledge of accounts receivable (and to a limited extent) accounts payable process
  • Baseline knowledge of renewable energy industry preferred.
  • Strong analytical and problem-solving skills.
  • Ability to work well in a team-oriented, collaborative environment that emphasizes attention to detail, meeting deadlines and working together to achieve company-wide objectives.
  • Intermediate Microsoft Excel skills such as queries, pivot tables, and formulas, and proficiency with other Microsoft Office products.
  • Strong written and verbal communication skills that enable effective communication with various groups within the company (particularly the Accounting and Asset Management teams).
  • Detail oriented
  • If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.

What Would Be Nice

  • 1-2 years of settlement experience is highly preferred.
  • Previous energy industry experience is preferred.

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).

The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations: $73,000 - $92,000

Clearway Energy Group is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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About the role

Dec 30, 2023

Full Time


Jun 19, 2024


USD 73k–92k

Houston, United States

Mid-Senior level

UTC-06:00 — UTC-05:00

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