Senior Manager, Settlements (18 months)

Metergy Solutions

$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting, or related field.
  • 7+ years in settlements, billing, finance operations, or utility/telecom services, with 3+ years in a leadership role.
  • Strong understanding of settlement processes and financial controls.
  • Experience managing high-performing teams in fast-paced environments.
  • Advanced analytical and problem-solving skills with proficiency in Excel and data analysis tools; SQL and Power BI are pluses.
  • Familiarity with ERP, billing, and financial systems, particularly Microsoft Dynamics 365 or similar.
  • Proven track record in process improvement, automation, and operational excellence initiatives.
  • Strong project and stakeholder management skills.

Responsibilities

  • Oversee validation of invoices, settlement statements, adjustments, and payments from clients.
  • Lead modernization and optimization of settlement, billing, and resource management systems.
  • Develop dashboards and reports to monitor settlement accuracy and performance.
  • Evaluate automation and analytics for improved settlement controls.
  • Ensure settlements are completed accurately and within timelines.
  • Manage settlement activities across electricity markets, including IESO.
  • Review and verify complex settlement calculations and billing alignment with agreements.
  • Resolve discrepancies and disputes in collaboration with stakeholders.
  • Oversee claims related to regulated pricing programs and utility initiatives.
  • Ensure accurate reflection of settlement data in financial records and reports.

Benefits

  • Maternity leave coverage, with an expected duration of ~18 months.
  • Commitment to accessible recruitment processes for applicants with disabilities.
Full Job Description
Position Summary

The Senior Manager, Settlements will join the Canada Settlements team in Markham, Ontario. The Senior Manager contributes to the overall success of the Canada Settlements team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.

Location:

This position is located in North York.

Duration:

This role is covering a maternity leave. Expected duration ~18 months.

Responsibilities

  • Oversee the validation of invoices, settlement statements, adjustments, and payments from Metergy's client base
  • Lead the modernization, integration, and optimization of settlement, billing, meter-data, and enterprise resource planning systems.
  • Develop dashboards and reporting tools to monitor settlement accuracy, timeliness, exceptions, disputes, and financial performance.
  • Evaluate the use of automation, analytics, and artificial intelligence to improve settlement controls and reduce manual processing.
  • Ensure all settlements are completed accurately, securely, and within required market, contractual, and financial timelines.
  • Manage settlement activities across applicable electricity markets, including IESO and other Canadian market interfaces where relevant.
  • Review complex contractual settlement calculations and ensure billing aligns with commercial agreements and market rules.
  • Resolve settlement discrepancies, exceptions, disputed charges, missing data, and payment issues in collaboration with internal and external stakeholders.
  • Oversee settlement claims related to regulated pricing programs, customer rebates, embedded generation, demand response, and other utility initiatives.
  • Ensure settlement data is accurately reflected in the general ledger, management reporting, forecasts, budgets, and month-end close processes.
  • Partner with Finance, Treasury, Commercial Operations, Meter Data Management, Billing, Customer Care, Legal, and IT teams.


Requirements

  • Bachelor's degree in Business, Finance, Accounting, or a related field.
  • 7+ years of experience in settlements, billing, finance operations, or utility/telecom services, including 3+ years in a leadership role.
  • Strong understanding of settlement processes, revenue management, financial controls, and operational risk management.
  • Experience leading and developing high-performing teams in a fast-paced operational environment.
  • Advanced analytical and problem-solving skills, with strong proficiency in Excel and data analysis tools; SQL and Power BI experience are considered assets.
  • Experience with ERP, billing, and financial systems (e.g., Microsoft Dynamics 365 or similar platforms).
  • Proven ability to lead process improvement, automation, and operational excellence initiatives.
  • Strong project management and stakeholder management skills, with experience leading cross-functional initiatives.
  • Self-motivated and results-oriented, with a demonstrated ability to drive accountability, change management, and continuous improvement.


$110,000 - $130,000 a year

This posting is for an existing vacancy.

Metergy does not use artificial intelligence (AI) to screen, assess, or select candidates.

Metergy's recruitment process includes accommodation for applicants with disabilities. All accommodations will consider the applicant's accessibility needs due to disability and are available upon request.

Metergy uses artificial intelligence (AI) for interview notetaking purposes. Metergy does not use AI to screen, assess, or select candidates.

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