at RWE Renewables America, LLC in Chicago, Illinois, United States
Job Description
RWE Supply & Trading Americas, LLC,Chicago
To start as soon as possible, full time / part time, permanent
Functional area: Commercial / Trading
Your Future Plans
Our Back Office US function at RWE Supply & Trading Americas (RWESTA) is responsible for wholesale, contract, and trade settlements in North American markets. This includes confirming and settling deals, calculating and settling nonstandard contracts, as well as validating and processing grid (merchant) settlements.
They are also responsible for providing comprehensive and quality checked control within the 'Trade Lifecycle Process' across Front Office, Back Office, Risk, Finance, Accounting and Legal, so close cooperation with these areas is key.
We have a diverse commodity portfolio including power, ancillary services, renewable energy certificates, and gas. Without Back Office as the operational backbone of the trading business, nothing would work!
The Role
Do you have a keen interest in energy markets and working with a hard-working, collaborative team? Have you gained energy grid knowledge in your job or through qualifications? If so, this could be the opportunity for you!
In your new role the key responsibilities will include:
Managing contract relationships with external customers by ensuring timely and accurate invoicing across various energy markets
Analyze revenue sources for proper revenue recognition of electricity sales contracted via Power Purchase Agreements (PPAs) and merchant energy sales
Conduct meter validation and confirm shadow calculations are accurate and within tolerance
Communicate and manage validated settlements accrual and invoice data to Revenue Accounting teams for timely and accurate entries
Enhance your expertise in electric market settlements (ex. ERCOT, PJM, MISO, NYISO, etc.)
Maintain and enhance all Settlement systems including PCI, ENDUR, and various complex Excel models as well as assist in special projects
Manage auditor requests related to revenue and receivables, ensuring timely completion of supporting schedules
Your Profile
Do you have a keen eye for detail and exceptional relationship management skills? Have you worked in a Settlements / Finance or similar role, within a fast paced environment?
Key requirements include:
Minimum 4 years of experience in energy settlement with focus on Power Purchase Agreements, merchant sales and energy hedge transactions
Undergraduate degree in business, math, engineering, environmental sciences, accounting, finance, econ, or related field or relevant work experience
Exceptional communication skills as there is frequent contact with the Traders, Schedulers, and Finance, as well as Back Office teams in Swindon and Essen
Extremely well organized and detail oriented with excellent problem-solving skills
A self-starter with excellent interpersonal and communication skills
Strong ability to work in a collaborative environment
Strong knowledge of MS Office (including Excel, Word, PowerPoint and Outlook)
Eagerness to learn more and take on challenges in a rapidly growing and dynamic environment
Enthusiastic about providing good customer service experience for internal and external customers and willingness to perform knowledge sharing with other team members
Advantageous, not a must
Basic knowledge of IT software such as PCI, ENDUR, and SAP
Software integration project experience (i.e. requirements creation, design collaboration, and User Acceptance Testing)
Our offer
Join an international leading energy trading house in a huge period of growth. Our department gives you the opportunity to gain a thorough understanding of the end-to-end trade lifecycle in an energy trading house from trade execution to settlement. Once you have spent some time with us, your knowledge about various commodities such as renewables, coal, biomass, LNG, gas and power will have vastly developed.
In addition, you'll enjoy a competitive salary, performance-based bonus, and benefits package including:
Medical, Dental, Vision, 401k match, Commuter benefits
Open & diverse company culture
Collaboration with offices around the globe and potential for domestic & international travel
Flexible work schedule to allow for great Work/Life Balance
rwe.com/career
Apply now with just a few clicks: ad code 86670
Any questions? Patrycja Bartela (Recruiting), patrycja.bartela@rwe.com;Hillary Sass - Hiring Manger
We look forward to meeting you!
We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.#inclusionmatters
Of course, you can find us on LinkedIn, Twitter and Xing, too.
RWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 2000 employees from over 50 different countries trade (renewable) electricity, (green) gas, commodities and... For full info follow application link.
