Margin Analyst II

Margin Analyst II

ENGIE | Houston, TX, 77020, US
Salary Range:$61,000 – $90,000 Salary range estimated by Zippia

Posted 10 days ago

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The Settlements Margin Analyst II is responsible for the reconciliation of the Independent System Operators (ISO) power settlement costs and customer invoiced charges and revenues as well as margin reporting in one of (ENGIE Resources North America (ERNA's) five retail energy markets (ERCOT, PJM, NEISO, NYISO, and MISO). The Settlements Margin Analyst also prepares monthly revenue & cost variance analyses (Estimates & Actuals) for assigned markets.

This role reports to the Settlements Director and is in Houston, TX.

What you'll do:

* ISO settlements and invoicing control in one of ERNA's five retail markets (ERCOT, PJM, NEISO, NYISO, MISO)
* Reconcile ISO settlement costs to customer invoiced revenues in retail market and report margin for the assigned market
* Validation of charges for the ISO invoice in assigned market and reconciliation of charges and/or data to our internal systems
* Maintain market knowledge and stay apprised of regulatory issues pertaining to assigned market
* Provide analysis and supporting documents for all prior period adjustments and other reconciliations as required. Follow through on variances and recommend future action to responsible department
* Coordinate escalated customer invoicing issues in assigned market with 3rd Party billing vendor and sales representatives
* Knowledge of the Retail Product Catalog and the interpretation of complex retail contracts
* Work with Supply, Operations, IT, and vendors to ensure accurate data moves into and out of the settlements and shadow invoicing systems
* Support all the other market's settlement tasks
* Assist Sales, Billing and other internal groups on inquiries as needed
* Software/systems to be used: Excel, Word, Access, Toad (SQL), Oracle LPSS, Siebel
* Acts as a team member with all employees of ENGIE North America staff
* Complies with all ENGIE North America policies and procedures and carries out other duties as assigned
* Prepare monthly revenue & cost variance analyses (Estimates & Actuals) for assigned market and must be available for monthly close activities at the beginning of each month

What you bring:

* Bachelor's degree required, preferably in accounting or finance
* Minimum 2 years of retail or wholesale power experience
* ISO Power Settlement experience a plus
* Proficient in Microsoft Excel
* Strong quantitative, data, modeling skills as related to energy pricing structures
* Lodestar experience a plus
* Strong communication and interpersonal skills
* Exceptional attention to detail and problem-solving skills
* Excellent customer service attitude

Additional Information/Conditions:

* Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future
* Must be willing and able to comply with ENGIE's policy with respect to COVID vaccination and testing
* Must be willing and able to comply with all ENGIE ethics and safety policies
* While performing the duties of this job, the employee is not exposed to weather conditions
* The noise level in the work environment is usually moderate
* Ability to meet highest attendance requirements
* Ability to communicate effectively, both written and verbally
* Ability to handle multiple assignments on a timely basis with a high degree of accuracy
* Ability to use a personal computer, calculator, etc.
* Could involve some lifting / up to 35 lbs
* Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job
* Reasonable accommodations may be made to enable individuals with the needed assistance to perform the essential functions
* Eligible for a hybrid schedule consisting of in-office and work-from-home opportunities


ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it! Join us as we develop energy that is more renewable, more efficient, and more accessible to everyone.

Unite with us in leading the transformation of the world of energy! ENGIE is looking for talented and motivated individuals to create the future of energy and customer solutions. Join a rewarding and flexible work environment that encourages innovation and creativity to help customers meet their energy challenges today and in the future. Are you up for the challenge?

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. So ENGIE is proud to be an equal opportunity workplace and is also an affirmative action employer. We are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment. All employment decisions at ENGIE are based on business needs, job requirements, and individual qualifications. ENGIE is committed to providing equal employment opportunities regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity, or gender expression (including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service or veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as "protected characteristics") as defined by applicable federal, state or local law in the locations where we operate.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at Please note: This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

Additional Information

* Posting Date: Nov 16, 2022