About This Opportunity: Settlements Analyst (St. John's)
Newfoundland Labrador Hydro is currently seeking a Settlements Analyst (St. John's) to join their team in St. John's.
This position offers an excellent opportunity for motivated individuals looking to advance their career.
Education Requirements
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No specific education requirements
Required Experience
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022
Status: Term
Location: St. John’s
Our employees are at the heart of what we do. We’re looking for passionate and performance focused people – people who want to make a difference for our customers and who share our values.
Key Responsibilities:
As a Settlements Analyst, you will be responsible for ensuring that the financial obligations set out in contracts are fulfilled through the generation of accurate and timely purchases and sales from/to our counterparties. This position reports to the Senior Supervisor of Accounting and Budgeting and works closely with traders and schedulers within the Energy Marketing line of business. You will be the liaison between the finance team and traders, schedulers, risk management, credit teams and counterparties to identify and resolve various issues that impact settlement and data accuracy within time constraints. In this role, you will be responsible for monitoring and developing an array of reports and data to ensure that accounts are accurately maintained.
Other responsibilities are as follows:
Ensure the accurate settlement of physical and financial transactions;
Perform weekly and monthly checkouts with counterparties, as required;
Analyze data for trends and anomalies;
Assist in resolving deal capture system issues to eliminate inconsistencies;
Ensure counterparty invoices and remittance statements are generated, validated and submitted for timely settlement;
Interact with traders, scheduling and counterparties to resolve invoice discrepancies. Identify issues, recommend and implement solutions;
Investigate any discrepancies noted with market settlements and follow through with the dispute resolution process as required;
Prepare monthly subsidiary billings and associated entries, ensuring information is reconciled and provided timely;
Develop, document, and/or maintain procedures for related activities, and modify procedures as required to improve efficiency and controls;
Assist with coordination of audit requests and help ensure adherence to governance frameworks;
Perform ad hoc analysis and reports as dictated by business needs;
Support finance with monthly reporting and energy reconciliations.
What We’re Looking For:
Strong written and oral communication skills;
Strong interpersonal skills to foster effective working relationships with members of various teams;
Excellent analytical skills and problem solving abilities.
What You’ll Need:
You have a Bachelor’s degree in business or economics or an equivalent combination of education and experience with an accounting or finance background and a strong knowledge and understanding of general ledger coding and accounting. Energy market experience is considered an asset. Robust analytical and critical
Position DetailsKey Responsibilities
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Effectively perform assigned job duties
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Maintain safety and cleanliness in the workplace
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Work effectively with team members
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Follow company policies and procedures
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Perform tasks according to quality standards
Qualifications
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Reliability and punctuality
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Ability to work independently and in a team
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Strong work ethic and positive attitude
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Ability to follow instructions
Why Join Newfoundland Labrador Hydro?Newfoundland Labrador Hydro offers a supportive work environment in St. John's, where employees can grow and develop their skills. This Settlements Analyst (St. John's) position provides the opportunity to work with a dedicated team and contribute to meaningful work.
Ready to Apply?
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