Settlements Analyst

3 weeks ago

Calgary, Alberta, Canada TransAlta Full time
About the Role

TransAlta is seeking a highly skilled Settlements Analyst to join its Energy Trading & Marketing team. As a key member of the team, you will be responsible for ensuring timely and accurate invoicing, remittance, and payments for our energy trading activities.

Key Responsibilities
  • Ensure all settled trading activities and counterparty/pool-related transactions are invoiced and paid by designated deadlines.
  • Collaborate with credit, cash management, accounting, and AP teams to facilitate prompt payments.
  • Monitor receivables to ensure timely receipt and proper allocation of payments, following up with customers on outstanding balances.
  • Accountable for month-end close responsibilities, including preparing monthly general ledger account analyses and reconciliations.
  • Conduct variance analysis and account reconciliations to identify discrepancies and ensure accuracy.
  • Troubleshoot SAP issues, including testing system upgrades and patches, and resolve integration challenges between SAP, Allegro, AP, and Settlement Pool reconciliation tools.
  • Maintain and update the payment calendar to ensure accurate cash forecasting and effective cash management.
  • Assist accountants with variance analysis and provide explanations of financial results as needed.
  • Apply expertise in Sarbanes-Oxley controls, compliance procedures, regulatory requirements, and internal policies, escalating risks to leadership when necessary.
Requirements
  • 2-5 years of experience in energy marketing, commodities trading, or the power industry.
  • Bachelor's degree or diploma in finance, commerce, accounting, or a related business field.
  • Strong technical skills, with proficiency in Microsoft Excel and SAP.
  • Exceptional organizational and time management abilities, with a proven track record of handling multiple tasks, deadlines, and shifting priorities.
  • Strong relationship management skills, adept at building and maintaining cross-functional, collaborative partnerships.
  • Excellent communication skills, with the ability to effectively engage diverse audiences, including managers, direct reports, and cross-functional teams.
About Us

TransAlta is a leading provider of safe, low-cost, and reliable clean electricity. With a diverse fleet of electrical generation assets in Canada, the United States, and Australia, we serve municipalities, industries, and businesses. Our commitment to equity, diversity, and inclusion ensures that every employee feels a sense of belonging and can show up to work as their true authentic self.

We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. If you're passionate about energy trading and settlement, and want to join a dynamic team that values diversity and inclusion, we encourage you to apply.

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