Sr. Revenue and Settlements Analyst

Date: May 24, 2019

Location: Chicago, US

Company: E.ON

Sr. Revenue and Settlements Analyst

Responsibilities

Purpose of position:

We are currently seeking an innovative and talented individual for the position of Senior Revenue and Settlements Analyst.  The successful candidate will be responsible for the accounting of wholesale energy sales, preparation of journal entries and analysis associated with these activities. The successful candidate will also be expected to become an expert in energy accounting and analysis with emphasis on hedge transactions while acting as a resource to other departments within the Company. They will read and understand contractual obligations for delivery of energy.

 

Essential Functions:

  1. Analyze all revenue sources for proper revenue recognition, including energy hedge valuations and derivative settlement (SWAPs, Options etc.), Natural Gas and Heat Rate settlement, electricity sales contracted via Power Purchase Agreements (PPAs),  merchant energy sales, accounting for imbalance energy settlements and accounting for liquidated damages
  2. Validate and confirm forward transactions with respective broker portals and generate confirmation letters
  3. Prepare revenue journal entries during the monthly close process and perform reconciliations of all related accounts
  4. Build and maintain settlement models based on executed contracts
  5. Ensure timely and accurate invoicing of internal/external customers across various energy markets
  6. Conduct meter validation and confirm shadow calculations are accurate and within tolerance.
  7. Maintain and enhance all Settlement and Accounting systems including OATI, SAP Sales and Distribution module, and various complex excel models.
  8. Manage auditor requests related to revenue and receivables, ensuring timely completion of supporting schedules.
  9. Communicate and collaborate effectively with front-office and middle-office personnel.
  10. Assist in special projects.

Qualifications

Minimum 4 years’ experience in settlement with focus on energy hedge trade processing, confirmation and settlement

Undergraduate degree in accounting, finance, or related field

What we offer

E.ON is committed to equal opportunities and actively promotes diversity, equality and flexibility.

About us

E.ON
E.ON is a privately-owned international energy company. Our 40,000 colleagues in 13 countries work daily towards the improvement of technical innovations and user-friendly customer solutions for the new energy world. We are the first large energy company to focus more heavily upon the energy of the future through our three business areas of energy networks, renewable energies and customer solutions.
E.ON Climate and Renewables
E.ON is a leading global renewable player and has invested over 10 bn Euro in the renewables business. We play a leading role in the development of the renewables industry worldwide and currently operate over 5 GW of renewable capacity. We plan to expand this portfolio by 2.4 GW until 2020. We focus on onshore, offshore and photovoltaic business in Europe and North America. This means we employ a highly diverse range of talents. Engineers, project managers, business developers, HR professionals - our business is home to all these and more, dedicating themselves to generating energy from onshore and offshore wind technology, photovoltaic. E.ON Climate & Renewables is responsible for E.ON Group’s global activities in industrial-scale renewables.
Department

At a glance

Reference no.:98202 Preferred Start: Closing date: Salary:

Get in touch

www.eon-career.com

 


Nearest Major Market: Chicago

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