Expected salary range of $70,304 - $88,449.38, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
Constellation is looking for an Settlements Analyst at our Solutions-CA location in San Diego, California.
Primary Purpose of Position
Performs accurate and timely settlement of physical and financial wholesale and retail natural gas and power transactions. Validates energy supply activity and commodity confirmations against transactions recorded in the Allegro deal capture system, prepares customer and counterparty invoices, facilitates payment activity, and accounts for monthly realized commodity trading receivables and payables. Supports the monthly accounting close through journal entries and reconciliations, prepares management and financial analyses, assists with external audit requests, and helps develop procedures and controls that promote complete, accurate, and efficient settlement processes. Partners with internal departments to resolve data issues, recommends system and process enhancements, and provides backup support across Accounting and Finance as needed.
Primary Duties and Accountabilities
Validate physical and financial wholesale and retail natural gas and power transactions, energy supply activity, and commodity confirmations against records in the Allegro deal capture system.
Prepare accurate and timely sales and settlement invoices for customers, counterparties, and related commodity transactions.
Facilitate payment requests and process wholesale broker, power services, and green power payments in accordance with established schedules and controls.
Account for monthly realized natural gas and power trading receivables and payables and investigate settlement discrepancies through resolution.
Prepare monthly journal entries and account reconciliations in support of an accurate and timely accounting close.
Maintain the settlements shared mailbox and respond to settlement inquiries, documentation requests, and follow-up items in a timely manner.
Coordinate data with Accounting, Finance, Commercial, and other departments to prepare financial analyses, management reports, and special project deliverables.
Assist with external audit requests and provide complete, accurate, and timely supporting documentation.
Develop and document settlement procedures, support implementation of internal controls, recommend system and process enhancements, and provide backup support within Accounting and Finance as needed.
Minimum Qualifications
Bachelor's degree in Accounting, Engineering, Business, Finance or related field
Demonstrated organizational skills and attention to detail when handling sensitive financial and commodity transaction data
Proficiency with Microsoft Office applications, specifically Excel, Word, PowerPoint, Access, and Visio
Ability to independently manage multiple priorities and deadlines
Effective verbal and written communication skills and the ability to work collaboratively within cross-functional teams
Preferred Qualifications
Energy industry experience or 2 or more years of relevant work experience
Experience settling physical or financial natural gas and power transactions
Working knowledge of Allegro and Microsoft Dynamics GP or a comparable deal capture and accounting system
Experience preparing journal entries, account reconciliations, invoices, payment requests, financial analyses, or audit support
Primary Purpose of Position
Performs accurate and timely settlement of physical and financial wholesale and retail natural gas and power transactions. Validates energy supply activity and commodity confirmations against transactions recorded in the Allegro deal capture system, prepares customer and counterparty invoices, facilitates payment activity, and accounts for monthly realized commodity trading receivables and payables. Supports the monthly accounting close through journal entries and reconciliations, prepares management and financial analyses, assists with external audit requests, and helps develop procedures and controls that promote complete, accurate, and efficient settlement processes. Partners with internal departments to resolve data issues, recommends system and process enhancements, and provides backup support across Accounting and Finance as needed.
Primary Duties and Accountabilities
Validate physical and financial wholesale and retail natural gas and power transactions, energy supply activity, and commodity confirmations against records in the Allegro deal capture system.
Prepare accurate and timely sales and settlement invoices for customers, counterparties, and related commodity transactions.
Facilitate payment requests and process wholesale broker, power services, and green power payments in accordance with established schedules and controls.
Account for monthly realized natural gas and power trading receivables and payables and investigate settlement discrepancies through resolution.
Prepare monthly journal entries and account reconciliations in support of an accurate and timely accounting close.
Maintain the settlements shared mailbox and respond to settlement inquiries, documentation requests, and follow-up items in a timely manner.
Coordinate data with Accounting, Finance, Commercial, and other departments to prepare financial analyses, management reports, and special project deliverables.
Assist with external audit requests and provide complete, accurate, and timely supporting documentation.
Develop and document settlement procedures, support implementation of internal controls, recommend system and process enhancements, and provide backup support within Accounting and Finance as needed.
Minimum Qualifications
Bachelor's degree in Accounting, Engineering, Business, Finance or related field
Demonstrated organizational skills and attention to detail when handling sensitive financial and commodity transaction data
Proficiency with Microsoft Office applications, specifically Excel, Word, PowerPoint, Access, and Visio
Ability to independently manage multiple priorities and deadlines
Effective verbal and written communication skills and the ability to work collaboratively within cross-functional teams
Preferred Qualifications
Energy industry experience or 2 or more years of relevant work experience
Experience settling physical or financial natural gas and power transactions
Working knowledge of Allegro and Microsoft Dynamics GP or a comparable deal capture and accounting system
Experience preparing journal entries, account reconciliations, invoices, payment requests, financial analyses, or audit support