Settlements Analyst

Guzman Energy provides wholesale power to distribution utilities (coops, tribes, and municipalities) throughout the western United States. The Guzman Energy Mission is to lead the energy transition with integrity and empower the communities we serve. Our core values are Curiosity, Courage and Consistency.

About Guzman Energy

Guzman Energy is a new type of energy company, one designed specifically to help transition the old energy economy into the renewable age. We are a full-service wholesale power provider focused on providing market-based solutions to address our customers’ energy challenges. We are a fast-paced group in growth mode, tackling multiple strategic initiatives with the goal to deliver reliable, affordable and sustainable power to our customers.

Position Overview

This analyst level position is responsible for the processes related to validating and reconciling physical and financial bilateral trading invoices, ISO/RTO invoices, transmission invoices, managing P&L reporting , and reconciling reporting needs with accounting teams. Additional responsibilities will include supporting the quarterly EQR filings, trade control processes, and reporting of counterparty collateral balances.

The compensation range is $75,000 - $90,000 annual base salary.

Responsibilities

• Maintain the settlement system processes and P&L reporting
• Understand settlement rules, timelines and supporting files, validate and reconcile the ISO/RTO market simulation shadow settlements statement, invoices and settlement details
• Identify potential problems, present alternatives and proposed solutions
• Process and account for financial and physical transactions using internal software and accounting processes
• Provide various financial reports to trading, risk, accounting, and market operations, and other departments as needed
• Balance Sheet Reconciliation/General Ledger tie out
• Interact with accounting on weekly cash requirements for various ISO/RTO, invoice and reporting duties as needed
• Calculate estimate and actual price curves for billing
• Provide timely and accurate financial information to both external and internal customers.
• Communicate efficiently with team members and management
• Other duties may be assigned

Qualifications and Requirements

• Bachelor’s degree in Business, Finance, Economics, Accounting, or a related field
• 1-3 years of work experience in the electric utility industry
• Direct experience in the wholesale or retail electric markets
• Experience in market settlements or operations with solid understanding or direct experience of RTO/ISO market rules.
• Strong Excel spreadsheet modeling skills
• Excellent verbal and written communication skills
• Strong quantitative and analytical skills, with ability to perform ad hoc research, quantification, and reporting

Preferred Additional Qualifications:

• Entrepreneurial team player, with a commitment to excellence and a passion for supporting the company’s growth, and the ability to prioritize and execute on tight deadlines.
• Experience in the utility, renewable, advanced energy economy, or gas industry strongly preferred.
• The right cultural and personality fit for a growth stage company working to transform the energy industry.
• The ability to meet highest attendance requirements.
• Able to communicate effectively, both written and verbally.
• The ability to handle multiple assignments on a timely basis with a high degree of accuracy.
• Capacity to use personal computer, calculator, etc. Could involve some lifting.

We offer a comprehensive pay package that includes competitive compensation, annual company and performance-based incentive bonuses, paid time off, medical benefits, 401(K) programs with employer match and nineteen holidays per year.

Guzman is an equal opportunity employer and hires without regard to race, color, religion, ancestry, sex, citizenship, national origin, marital, military and veteran status, age, disability, medical condition, genetic information, gender identity, gender expression, sexual orientation, family status, pregnancy, or