Settlements Analyst

Who We Are As the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy, Constellation is focused on our purpose: lighting the way to a brilliant tomorrow for all. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute. Now integrated with Calpine, our portfolio includes 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, with the generating capacity to power the equivalent of 27 million homes.

Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things. Join us in meeting the country's energy needs today and tomorrow.

Total Rewards Constellation offers an extensive selection of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and a wide-range of benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, eligible employees are offered a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including robust wellbeing programs; disability and life insurance benefits; paid time off for vacation, holidays, and sick days; and much more.

Expected salary range of $70,304 - $88,449.38, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

Constellation is looking for an Settlements Analyst at our Solutions-CA location in San Diego, California. Primary Purpose of Position Performs accurate and timely settlement of physical and financial wholesale and retail natural gas and power transactions. Validates energy supply activity and commodity confirmations against transactions recorded in the Allegro deal capture system, prepares customer and counterparty invoices, facilitates payment activity, and accounts for monthly realized commodity trading receivables and payables. Supports the monthly accounting close through journal entries and reconciliations, prepares management and financial analyses, assists with external audit requests, and helps develop procedures and controls that promote complete, accurate, and efficient settlement processes. Partners with internal departments to resolve data issues, recommends system and process enhancements, and provides backup support across Accounting and Finance as needed.

Primary Duties and Accountabilities

• Validate physical and financial wholesale and retail natural gas and power transactions, energy supply activity, and commodity confirmations against records in the Allegro deal capture system.
• Prepare accurate and timely sales and settlement invoices for customers, counterparties, and related commodity transactions.
• Facilitate payment requests and process wholesale broker, power services, and green power payments in accordance with established schedules and controls.
• Account for monthly realized natural gas and power trading receivables and payables and investigate settlement discrepancies through resolution.
• Prepare monthly journal entries and account reconciliations in support of an accurate and timely accounting close.
• Maintain the settlements shared mailbox and respond to settlement inquiries, documentation requests, and follow-up items in a timely manner.
• Coordinate data with Accounting, Finance, Commercial, and other departments to prepare financial analyses, management reports, and special project deliverables.
• Assist with external audit requests and provide complete, accurate, and timely supporting documentation.
• Develop and document settlement procedures, support implementation of internal controls, recommend system and process enhancements, and provide backup support within Accounting and Finance as needed.

Minimum Qualifications

• Bachelor's degree in Accounting, Engineering, Business, Finance or related field
• Demonstrated organizational skills and attention to detail when handling sensitive financial and commodity transaction data
• Proficiency with Microsoft Office applications, specifically Excel, Word, PowerPoint, Access, and Visio
• Ability to independently manage multiple priorities and deadlines
• Effective verbal and written communication skills and the ability to work collaboratively within cross-functional teams

Preferred Qualifications

• Energy industry experience or 2 or more years of relevant work experience
• Experience settling physical or financial natural gas and power transactions
• Working knowledge of Allegro and Microsoft Dynamics GP or a comparable deal capture and accounting system
• Experience preparing journal entries, account reconciliations, invoices, payment requests, financial analyses, or audit support