Settlements Analyst
Iberdrola Renewables - Houston, TX

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This position resides within the Settlements group, which is responsible for Settlement of invoices and Volume Balancing pipelines; The Settlements group works through counterparty disputes, aging, and provides accruals and accrual-to-actual analysis.
      The responsibilities for this position are as follows: · Settle physical gas for approximately 70 counterparties for IES and ICES using Zainet and GTM
      · Work closely with Volume Analyst, Schedulers, Mid-Office, and Traders to resolve invoice variances
      · Track and resolve prior period adjustments in a timely manner
      · Maintain aging reports and keep up to date with notes and recorded dollar amounts
      · Review and sign-off on daily Zainet-SAP data flow and interface.
      · Net netting invoices in SAP
      · Distribute daily cash sheet to Treasury, Accounts Payable, and Accounts Receivable group in Portland
      · Maintain Settlement assignments with current Zainet invoice amounts for Cash Forecasting to submit to Treasury
      · Month End Close duties to include accruals, actuals, and variance analysis
      · Bachelor’s degree in finance, accounting, or equivalent experience
      · 3-5 years’ experience in energy/Back Office management functions
      · Solid understanding of settlement processes
      · Excellent interpersonal and communication skills
      · Capacity to manage multiple tasks, solve complex problems and work under pressure
      · Prior experience with Zai*Net and/or GTM systems preferred, but not required
      All offers of employment are contingent upon the successful completion of a background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. Iberdrola Energy Holdings, LLC is an Equal Opportunity Employer .

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      IBERDROLA Renewables (formerly PPM Energy) is a real power player in the energy industry. Part of  IBERDROLA's global network,...