Analyst, Settlements Jobs

Who We Are

“Energizing the Future.”

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

For more information about TransAlta, visit our website at, www.transalta.com .

Our Commitment to Equity, Diversity, and Inclusion

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element to effective corporate governance, and cultivates a strong workplace culture.

About The Role

We have an exciting opportunity for a Settlements Analyst to join our Shared Services Accounting team. Reporting directly to the Team Lead, Settlements, as the Settlements Analyst, you are accountable for providing invoicing, billing, settlement, and support revenue assurance activities related to energy marketing and generation contract and merchant production through integrated systems, tools, and spreadsheets that link to the financial system of record. This position ensures accurate calculation of invoices, timely billing to TransAlta’s customers, payments to TransAlta’s Vendors, and correct recording of financial entries within the accounting software.

What You Will Do

• Monitor receivables to ensure payments are received and properly allocated while following up with customers on outstanding balances
• Assist accountants with variance analysis and explanation of financial results as required
• Apply knowledge of Sarbanes Oxley controls, compliance procedures, regulatory impacts, and internal policies and escalate business or system risks to leadership as required
• Update and maintain a payment calendar to ensure that cash can be properly forecasted and managed
• Effectively understand and solve complex issues in a timely manner
• Manage small projects & growth deliverables, while meeting or exceeding operational targets and metrics
• Understand electricity pool settlement & apply market knowledge to produce accurate statements and backup details in a timely and accurate manner
• Work independently and as a team player, providing backup, and support and taking on additional responsibilities to contribute to the overall success of the Energy Marketing Finance department
• Efficient and timely investigations of discrepancies resulting from settlements and invoicing activities; accountable to find and coordinate solutions through communication with cross-functional units in Energy Marketing and external counterparties
• Work with other non-accounting analysts t o ensure that their invoices and payments are properly reflected in the accounting system

What We Need From You

To be successful in this role, we are looking for the following must-have qualiications and experience:

• Proficient in learning to use software, tools, and systems to create efficiencies in daily work
• Understanding of generating assets, commercial contracts, and industry regulations
• Demonstrated ability to problem-solve and be accountable to resolve issues & troubleshoot independently
• Takes pride in ensuring the work is completed on time and with a high degree of accuracy
• Demonstrated proficient technical abilities using Excel and querying databases (SQL)
• Ability to manage multiple time-sensitive business user deliverables
• Univer sity Degree, college, or related power/gas industry experience preferably in accounting, finance, computer (data) science, engineering and risk fields
• Strong communication skills & ability to develop effective working relationships within TransAlta and to its external counterparties
• A growth mindset, with the ability to continuously learn and adapt to changing circumstances
• 2 – 5 years’ experience in Energy Marketing, commodities trading, or power industry
• Understanding and compliance with internal policies; familiarity with SOX controls

Nice to Haves

• Understanding of financial markets
• Experience with ETRM systems/Allegro/Horizon/ SAP

Become part of our TransAlta team today! We look forward to reviewing your application. All applications will be reviewed in a timely manner to the best of our abilities. We appreciate your patience and understanding during the recruitment process.