Trade Operations & Settlements Analyst

Gridmatic is a high-growth startup and a new kind of energy company, delivering affordable, clean power by optimizing renewable energy and grid-scale batteries. With offices in the Bay Area and Houston, we bring together Silicon Valley-style innovation with deep, hands-on expertise in real-world power markets and energy retail.

As solar and wind become the fastest-growing sources of electricity, variability from weather and grid conditions makes energy prices more volatile. Gridmatic tackles this challenge with industry-leading forecasting and optimization-and gives our team the opportunity to work on problems that truly matter. Forecasting and trading energy are the foundation of what we do. We ingest large-scale data-weather, prices, load, and grid conditions-to build probabilistic machine learning forecasts that drive real operational decisions. Our work directly determines when power is bought, stored, or deployed, turning uncertainty into value for customers and the grid.

Our impact is measurable. Gridmatic is the most profitable participant in ERCOT's wholesale market and operates the top-performing battery asset in CAISO. Profitable without venture capital, we offer a collaborative, low-ego environment where rigorous thinking, autonomy, and continuous learning are core to how we work.

The Role

We are seeking a Trade Operations & Settlements Analyst to join our Houston or Bay Area team. You will set up tracking, reporting, and clean accounting data for the growing trading business, building the infrastructure that allows our bilateral and physical power business to scale.

Location

In office hybrid, Cupertino, CA or Houston, TX

We value the ability to work and collaborate in-person, so Gridmatic has a hybrid policy of 50% in-office.

What you might work on

• Trade Lifecycle Management: Own the end-to-end capture and confirmation process for bilateral, physical, and non-standard electricity trades.
• Data Integrity: Own the data quality of trade settlements, cash, and associated risk to ensure accurate reporting and database management. Prepare invoices and systematize their timing.
• Financial Reporting: Build dashboards and reports to present results to the front and middle office. Facilitate monthly, quarterly and annual financial reporting and PnL reconciliations across multiple teams.
• External Relations: Act as the primary point of contact for external counterparties regarding confirmations and billing disputes. Collaborate with external auditing teams if necessary

You might be a good fit if you have

• Bachelor's degree in Accounting or Finance
• 3-5yrs+ experience interacting with a trading business - specifically in energy or power markets
• Understanding of financial accounting principles and commodity trading
• Proficiency in Microsoft Excel and advanced formulas, with error checking
• Attention to detail and comfort admitting mistakes
• Clear and consistent communication abilities
• An entrepreneurial and collaborative mindset

Not required, but would be great if you also had

• Experience with python and SQL to analyze and visualize data
• Experience working at a physical power marketer, including the nuances of bilateral power contracts (ISDAs, EEIs) and ISO settlements

$120,000 - $145,000 a year

Houston, TX: $120,000-$145,000

Cupertino, CA: $140,000-$170,000

Compensation

• Base salary
• Opportunity for equity in Gridmatic
• Benefits (Health insurance + vision + dental, 401k with 4% company match)

Join our team and make a difference! Click below or email us at [email protected].

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.