Senior Settlements Analyst

Company Overview

TransGrid Energy (TGE) is a renewable energy company focused on investing in, developing, owning, and operating utility-scale battery energy storage systems and PV projects. With a growing portfolio of assets under construction and in late-stage development, TGE is expanding its footprint across the United States.

As an affiliate of Hanwha Group, a FORTUNE Global 500 company committed to advancing the clean energy future, TransGrid Energy is shaping the renewable landscape by providing sustainable, reliable, and innovative power solutions to meet the needs of today and tomorrow.

Position Overview

TransGrid Energy is seeking a detail-oriented and commercially minded Settlements Analyst to manage the accuracy and integrity of financial settlements for our operating renewable projects. This role is critical in ensuring revenues, costs, and contractual payments are validated against market data and commercial agreements.

The successful candidate will bring strong understanding of wholesale power markets, PPAs, ISO settlements, and operational data, and will play a key role in improving how TransGrid validates and reconciles its commercial positions. This position requires someone who thrives on data accuracy, understands how markets flow into financial outcomes, and can collaborate across technical, commercial, and operational functions.

Key Responsibilities

- Validate and reconcile monthly settlements for energy sales, capacity revenues, ancillary services, and optimizer invoices against ISO statements, metered data, and contractual terms.

- Investigate and resolve discrepancies between market settlements, invoices, and contractual expectations, ensuring accuracy of payments and accruals.

- Take full ownership of the settlements validation process for all operating assets, ensuring deadlines and deliverables are met.

- Develop and maintain a calendar that outlines settlements cycles, reporting obligations, and key stakeholder inputs for each project.

- Build and implement project-specific validation tools and data models to streamline invoice verification and settlement accuracy.

- Analyze power market and operational data (e.g., LMPs, generation, outages) to verify project revenues and identify anomalies.

- Work closely with Asset Optimization, Finance, Operations, and other stakeholders to ensure consistent data flow and clear communication across all settlements activities.

- Provide clear reporting on settlements results, highlighting key variances, performance trends, and corrective actions.

- Ensure certain regulatory filings such as FERC EQR are completed.

- Identify and execute automation opportunities using dashboards, APIs, or algorithms to enhance efficiency and accuracy.

- Support process standardization across TGE’s portfolio by documenting and refining settlements procedures.

Required Qualifications

- Bachelor’s degree in Finance, Economics, Engineering, Data Science, or related field.

- Minimum 8 years of experience in power market or renewable energy settlements (e.g., ISO/RTO settlements, PPA validations, market accounting).

- Strong working knowledge of Power Purchase Agreements (PPAs), BESS tolling agreements, metering data, and market pricing mechanisms.

- Hands-on experience reconciling data from CAISO, ERCOT, PJM, or other ISO markets.

- Proven ability to analyze large datasets, identify discrepancies, and communicate findings effectively.

- Proficiency with Excel and experience using or building data visualization or analysis tools (Power BI, Tableau, Python, SQL).

- Exceptional attention to detail and ability to manage multiple projects under tight deadlines.

Preferred Qualifications

- Experience with automated data validation, scripting, or API integration for settlements workflows.

- Prior experience in a renewable IPP, trading desk, utility, or asset management organization.

- Familiarity with O&M contract settlements and performance-based payment structures.

WORK AUTHORIZATION

The ideal candidate must have authorization to work in the United States prior to joining TransGrid Energy LLC. The company will not sponsor or offer assistance with work authorization in the U.S.

DIVERSITY AND INCLUSION

TransGrid Energy believes that diversity and inclusion are vital to our success. By embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, environment, and business partners. We foster a culture where all colleagues can share their passions and ideas to collectively overcome industry challenges and work toward a brighter future.

TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other federally protected class.

Compensation Range: $110K - $150K