Manager, Settlement - Gatineau, Canada - Brookfield Renewable

Brookfield Renewable

Verified Company

Gatineau, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Details

Description

Reporting to the Director, Settlement and Structured Transactions, the Regional Manager, Settlement & Structured Transactions will be responsible for monitoring and ensuring back-office settlement processes associated with short and long-term contracts and energy market trading in the US and Canada are executed in a timely and efficient manner.

Responsibilities:

Lead and manage a team of analysts responsible for the settlement and the accounting of transactions in the Canadian and US electricity markets and contracts with external counterparties
Set team objectives, track progress and measure performance
Manage and organize the team's workload and set priorities
Support the team to fully understand electricity market charge code algorithms and the corporate structure in order to allocate revenue and charges to the right legal entity and trading strategy;
Understand the accounting organizational standards
Conduct research and analysis to remain current with market rules that impact electricity market settlement
Oversee the analysis of current settlement processes, procedures and reports for continued development and improvement
Collaborate with various departments to ensure accuracy in financial and regulatory reports submitted to management
Manage the integration of new acquisitions into the settlement processes
Review new transactions, draft contracts and Request for Proposals to provide settlement section approval and comments
Work with IT on system improvements and implementation projects
Manage the SOX Revenue controls, meet with auditors and coordinate supporting documentation
Support various audits
Work with other business functions and external electricity markets to resolve settlement disputes
Support the Director, Settlement and Structured Transactions in various tasks and provide updates on team's tasks and objectives

Qualifications:

Undergraduate degree in Economics, Business Administration, Finance or a related financial/quantitative discipline
Minimum four (4) years of relevant work experience preferably in energy
Bilingualism (English/French) is an asset
Advanced Excel skills is an asset (i.e. Macros, Pivot Tables, PowerQuery)
Knowledge of reconciliation and validation software such as Open Access Technology International, Inc.(OATI) is an asset
Knowledge of Industrial and Financial Systems (IFS) is an asset
Knowledge of Trade Capture and Data Validation Systems such as TRMTracker or Risk Management System (RMS) is an asset

General Competencies:

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Team Leadership: Assuming a leadership role in helping others achieve excellent results.
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Managing and Measuring Work: Organizing time, work and resources (e.g., people) to accomplish work objectives effectively and efficiently; tracking progress toward accomplishing the work objectives.
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Decision Making: Making decisions involving varied levels of risk and ambiguity.
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Developing Others: Fostering employee development by providing a supportive learning environment.
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Analytical Thinking; Analyzing and synthesizing information to understand issues, identify options, and support sound decision making.
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Achievement Orientation: Focusing efforts on achieving high quality results consistent with the organization's standards.
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Business Perspective: Using an understanding of business issues, processes and outcomes to enhance business performance.
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Critical Judgment: Evaluating ideas and information while referring to objective criteria to reach rational conclusion

What We Offer

Competitive salary, bonus, benefits, paid time off, Defined Contribution Pension Plan
Opportunity for growth and development
Exposure to different businesses, geographies, and teams
A collaborative, open, dynamic and fast paced environment
Free onsite gym

Brookfield Renewable has a strong culture that focuses on collaboration and values in-office interactions.

We believe that it is beneficial for employees to be in the office to ensure that we provide the appropriate training and coaching, facilitate real-time learning through direct interactions with colleagues and senior leaders via our open concept environment, and accelerate the integration of new employees into our teams.

As we transition back to the office, we are currently offering a hybrid work environment with a minimum of 3 days in office, and we will reassess the approach on a as needed basis.