Reporting to the Manager, Settlement and Structured Transactions (S&STG), the Analyst is responsible for the settlement of energy market trades and long-term contracts.
Key Responsibilities
Ensure that daily and monthly settlement tasks are successfully completed
Validate and understand the accounting entries for month end accruals and invoices, and ensure they respect the organization’s accounting standards
Understand the energy markets’ settlement and charge code algorithms to develop shadow calculations and improve validation processes
Understand the corporate structure to allocate revenue and charges to the right legal entity and business strategy
Conduct research and analysis to remain current with market rules that impact settlement
Analyze current settlement processes, procedures and reports to propose improvements