Settlements Analyst
Iberdrola - 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
      Qualifications
      ·
      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 .
      Job Category Accounting/Finance
      Primary Location TX-Houston

      Iberdrola - 18 months ago - save job - copy to clipboard - block
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