The Opportunity: This position is primarily responsible for managing the tracking of and fulfilment of settlement contractual obligations under Power Purchase Agreements (PPAs), as well as analyzing and reporting the financial results of the energy management and power operations activities for a portfolio of power plants and power contracts.
What You'll Do at Enel North America: - Demonstrate knowledge of the renewable energy industry and the North American power market
- General understanding of energy commodity markets and regional power system operators (e.g. PJM, ERCOT, NYISO, SPP, ISO-NE, AESO, etc.)
- Act as first point of contact for interpretation of settlement terms and commitments under the Power Purchase Agreements.
- Perform PPA contract administration by tracking, reporting and ensuring the fulfilment of contractual obligations such as output and availability targets and guarantees. This includes regular interaction and coordination with a variety of groups within the organization.
- Execute monthly/quarterly Renewable Energy Certificate (RECs) transfers and oversee invoicing to counterparties for each power plant.
- Coordinate and oversee curtailment reimbursement process invoicing to counterparties.
- Perform analytical research to determine cause of settlement discrepancies
- Coordinate with counter-parties to proactively and timely resolve invoice reconciliation discrepancies
- Provide data collection and reporting assistance during internal and external audits
- Partner with Accounting Finance and Control unit to reconcile settlement statements
- Respond to inquiries and provide regional, technical and administrative support
- Acts as advisor to the group and may become actively involved in projects to meet schedules and resolve problems
- Interact with supervisors and functional peer groups to exchange or present information
- Responsible to work on problems of diverse scope, that requires analysis of data and evaluation of identifiable market factors
- Provide monthly and annual plant financial performance reporting
- Develop and maintain Energy Management group reporting
- Provide support for projects, market compliance, regulatory filings, etc.
- Stay current on national and local market drivers for energy and Renewable Energy Credits
Who You Are: - Self-motivated with the ability to work independently and as part of a group
- Excellent communications, interpersonal, and organizational skills required
- Demonstrates creativity, and independent thought when solving problems
- Builds positive relationships with internal and external groups
- Will require full knowledge of functional responsibilities of all groups/individuals within the organization
- Strong analytical, critical and economical thinking and problem solving skills
- Ability to multi-task, grasp complex issues, as well as pay strict attention to details
- Strong communication skills in a team-oriented, open work space environment
What You've Accomplished: - Bachelor's degree or equivalent, Master's degree preferred
- Minimum of 5-7 years of related experience in energy market settlements
What Enel North America Offers You: The pay range for this position is $105,400 to $158,000 annually. The base pay actually offered will be based on several factors, including job-related knowledge, skills, work experience, education, and internal equity. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards.
- Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.
- Benefits are effective as of day one!
- Some additional perks to working with Enel North America include:
- 401k with match fully vested as of day one. Enel-NA matches 100% of the first 4% that you contribute up to set IRS limits.
- Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.
- Paid leave programs
- The opportunity to grow and develop your career with the support and mentorship of senior leaders.
- The opportunity to work for one of the world's most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.
- An employee's eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy. The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.
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