What The Role Is
Reporting to the Sr. Manager, Conventional Accounting, 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.
If you don’t meet 100% of the below qualifications but see yourself contributing, please submit your resume.
What You'll Be Doing
- Responsible for the 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 settlement 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 3 years in a Settlements role, or a minimum of 5 years in an accounting or finance role.
- 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.
- 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.
- Written and verbal communication skills that enable effective communication with various groups within the company (particularly the Accounting and Asset Management teams).
What Would Be Nice
- 1-2 years of settlement experience is highly preferred.
- Previous energy industry experience is preferred.
- Analytical and problem-solving skills.
- Detail oriented.
- Baseline knowledge of the renewable energy industry is preferred.
Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).
#LIHybrid
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
$85,000—$106,000 USD
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.4 GW of gross generating capacity in 26 states, including 9 GW of wind, solar, and energy storage assets, and over 2.4 GW of dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s fleet of emissions-free assets generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.
Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the US and is leading the transition to a world powered by clean energy. Our portfolio comprises approximately 11.4 GW of gross generating capacity in 26 states, including 9 GW of wind, solar, and energy storage and over 2.4 GW of dispatchable power generation providing critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide our investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by our controlling investor, Clearway Energy Group LLC. For more information, visit investor.clearwayenergy.com.
Our Commitment to Diversity, Equity, & Inclusion
At Clearway, we create a community that isn’t about being the same – it’s about building a team of unique individuals, with different backgrounds & skill sets, coming together to build something big & make a difference in the world. Clearway’s team is dedicated to a clean energy future across a wide spectrum of roles & responsibilities. Embodying our company values and operating principles, unique individuals come together over a common mission. We embrace opportunities to do challenging work that can change the world. We aspire to bring out the best in everyone. We share setbacks, celebrate successes, & act with integrity & accountability to get the job done.
Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, Carlsbad, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.
Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities to our Military & Veterans.
What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.
Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.
Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.
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What We Do
About Clearway Energy Group
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and operate 10 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for the future, Clearway’s 8 gigawatts of operating wind, solar, and energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, Calif.; Scottsdale, Ariz.; Denver, Colo.; Houston; and Princeton, N.J. For more information, visit clearwayenergygroup.com.
