Analyst, Wholesale Operations

Overview:

Who We Are

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.

Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.

Total Rewards

Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.

This Sales Executive role can be filled at the Associate Analyst level or Analyst level. Please see minimum qualifications listed below for each level

Associate Analyst Wholesale Level: Expected base salary range of $68,400 to $80,560, varies based on experience, along with commission and a comprehensive benefits package that includes 401(k).

Analyst Wholesale Level: Expected salary range of $81,900 to $91,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

Responsibilities:

Primary Purpose of Position

The primary function for this position will be to provide accurate trade validation and modeling of all trades in the risk system to ensure proper credit, risk, financial and trading position reporting. The timely settlement and confirmation of all third party, inter-company, gas pipelines, LNG and Independent System Operators (ISO's) energy commodity transactions including pricing and volumetric verifications. Provide supporting documentation for monthly financial close and financial planning and analysis processes. Identifies settlement or confirmation discrepancies and collaborates with customers, schedulers and traders to resolve data issues in a timely and accurate manner. Processes daily trades to generate profitability reports and analysis to help explain changes in profitability. Assist in the administration and actualization of all physical & financial commodity contracts and their related costs. Process all invoices and confirmations for energy sales, reconcile brokerage data for invoicing purposes and check balancing invoices or confirms to identify any penalties or imbalance charges. Produce reports for use by the Accounting, Finance and Trading organizations while ensuring those reports comply with organizational policies, government regulations and Internal/External Audit standards. The candidate should possess an ability to understand wholesale commodity products and the settlement of power contracts; ability to coordinate monthly close processes with Financial Accounting; ensure the timely forecasting, processing, and reconciliation of accounts payable and accounts receivable associated with monthly ISO and counterparty settlements and facilitate regulatory and compliance reporting.

Primary Duties and Accountabilities

- Accounts Payable and Accounts Receivable forecasting, processing, and reconciliation.

- Accurate and timely invoicing of counterparties for all commodities.

- Confirm, validate and reconcile all energy commodity transactions data for regional owned and contracted units used in the accurate internal performance reporting and external government agencies, ISO, and Power Marketing Groups.

- Daily trade confirmation, verification, position settlement, and after the fact generation and load scheduling with trading counterparties, including discrepancy tracking and resolution, to ensure an accurate Daily Profit Statement.

- Develop and maintain strong relationships with internal departments and external organizations to answer questions and resolve issues.

- Develop knowledge of billing and metering requirements within the Wholesale Power System.

- Perform daily routines around Independent System Operators (ISO), utility, natural gas and power settlements, ensuring compliance with all settlement and confirmation control activities, including the maintenance of all documentation providing evidence of performance of those activities for annual audit compliance purposes.

- Provide support for other Operations, Risk, Financial Accounting, Financial Planning & Analysis and Trading & Origination activities.

- Travel required as necessary to meet business needs

- In-person attendance for training, all-hands meetings, and other meaningful engagements

Minimum Qualifications

Associate Analyst Wholesale Level E1

- Bachelor’s degree in Business, or 2 years of equivalent experience in lieu of the degree

- Strong math and analytical skills

- Ability to develop spreadsheet applications and learn other specialized software products.

Analyst Wholesale Level E2

- Bachelor's Degree in Business with 2 years of experience, or 6 years of equivalent experience in lieu of the degree

- 1 year of relevant position experience

- Advanced knowledge of retail & wholesale energy products and/or metering, as well as ISO, RTO or Exchange settlement activities

- Strong math and analytical skills

- Ability to develop spreadsheet applications and learn other specialized software products.

Qualifications:

Preferred Qualifications

- Master's degree

- 2-years of industry experience

- Understanding of financial statement relationships, accounting principles, with analyzation capabilities to support corporate development initiatives

- Advanced knowledge of retail & wholesale energy products and/or metering, as well as ISO, RTO or Exchange settlement activities

- Ability to prioritize work, manage time effectively and manage workload efficiently

- Comfortable working in a fast paced and highly collaborative environment to include internal and external partners

- Demonstrated ability to identify and implement process improvements and efficiencies, with expertise in process mapping