Market Analyst
ConEdison Solutions - Valhalla, NY

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Overview:

This is an entry level position. The Market Analyst is responsible for the retrieval and production of the invoices and reports required to validate and reconcile ISO and trading invoices; tracking and verifying fuel deliveries and prices. In addition, the analyst will provide information and data support to the trading desk for performance monitoring; and provide volume and pricing information to Accounting for recognition of revenues and costs under the guidance of the Settlements Manager.

This position may require extended hours and must be available for month-end accounting including weekends and holidays.

Responsibilities:

CORE RESPONSIBILITIES

% of TIME

  • ISO and Markets: Understand the various ISO/RTO business rules and wholesale power market structure, its traded products and their function. Understand the over-the-counter settlement and pricing of commodity transactions which may include gas and fuel oil. Will require attendance at industry training session and self-study from market websites.

  • 10

  • Settlements: Understand both the ISO/RTO and trading settlement rules and process. Assist manager to create shadow settlements and comparisons of invoices; prepare estimates of gross margin and profit for various contracts and strategies. Retrieve, record in systems, and match fuel deliveries and produce inventory/usage reports as instructed by manager. Be able to enter data into systems timely and accurately.

  • 70

  • Systems: Understand the flow of data internally and externally, and how systems are used by the business.

  • 5

  • Policies and Procedures: Assist in updating procedures, and process flow charts.

  • 5

  • Accounting Department: Provide information to Accounting to perform month-end accrual. May require extended hours during month-end closing process.

  • 10

    TOTAL

    100 %

    Qualifications:

    Education:
    • Associate or Bachelor Degree (preferred)

    Experience:
    • This is an entry level postion
    • General knowledge of the power or gas industry a plus

    Job Skills:
    • Excellent MS Excel skills - be able to execute sums, averages, min, max, lookups and conditional equations.
    • Must be comfortable with learning new software and manipulating reports.
    • Excellent verbal skills.
    • Very organized.
    • Detail oriented with very good analytical skills.

    We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform substance abuse testing.

    You must be eligible to work in the US independent of company sponsorship.

    ConEdison Solutions - 22 months ago - save job
    About this company
    8 reviews
    For fifteen years, the Con Edison Competitive Energy Businesses, including ConEdison Solutions, ConEdison Energy, ConEdison Development, and...