Senior Settlements Analyst

Senior Settlements Analyst - Houston, Texas

Company Information:

Alpha Generation manages and operates power generation facilities that are well positioned to provide reliable, secure, safe, and sustainable power to meet increasing demand for electricity. Our diverse portfolio of assets is owned by ArcLight Capital Partners, a leading middle-market, value-added infrastructure investment firm that owns assets across the power, renewables, strategic gas, battery storage, and transformative infrastructure sectors. ArcLight has invested over $28 billion in equity capital across 125 transactions totaling approximately $80 billion in enterprise value.

ArcLight has assembled a best-in-class leadership team at AlphaGen to manage over 14,000 megawatts of power infrastructure across four RTO markets (PJM, NYISO, ISONE, and CAISO). This highly experienced senior management team has a proven track record of strategic, operational, and commercial success and is focused on value creation while managing risk.

AlphaGen will oversee one of the largest domestic, independent power portfolios, with nearly $2 billion in annual revenue.

Position Overview:

Reporting to AlphaGen’s Sr. Manager, Settlements the Sr. Settlements Analyst is a core member of the Settlements team, responsible for the end-to-end settlements process for wholesale power trading, dispatch, hedging, and related transactions within the company. This role ensures accurate calculation, reconciliation, and reporting of financial obligations arising from energy market transactions, bilateral deals, and asset operations. Serving as a critical link between trading, risk management, accounting, and counterparties, the Senior Settlements Analyst provides analytical oversight and ensures compliance with market rules, contractual obligations, and internal policies.

Role and Key Responsibilities:

- Oversee daily, monthly, and quarterly settlements; reconcile ISO statements, charge codes, capacity, ancillaries, and transmission.

- Ensure settlement accuracy in AlphaGen’s ETRM system and investigate discrepancies.

- Prepare journal entries, accruals, and reconciliations; support month-end close and audits.

- Deliver daily portfolio P&L estimates (T-1) and weekly MTD/BOM reports with variance analysis against budget and updated forecasts.

- Lead process improvements, automation, and system enhancements to strengthen accuracy and efficiency.

- Serve as subject matter expert for settlements and accounting; train and mentor junior analysts.

- Partner with trading, finance, accounting, and operations to align settlements and reporting with business objectives.

Professional Requirements:

- Bachelor’s degree in Accounting, Finance, Economics, or related field.

- CPA strongly preferred; MBA or MAcc a plus.

- 2-4 years of Experience in ISO settlements, revenue accounting, or power markets.

- Experience with NYISO, PJM and ISO-NE would be considered highly preferable.

- Strong accounting and reporting background; public accounting experience desirable.

- In depth, hands-on experience with, and knowledge of, ETRM platforms.

- Advanced Excel; strong communication, organization, and leadership skills.

AlphaGen is an equal opportunity employer.

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time,