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Associate Analyst, Wholesale Operations

Description - External

At Constellation, a freshly independent and soon-to-be Fortune 200 company, we're providing the energy and services to transform our future. Combining next generation technologies and product offerings with the country's lowest carbon generating fleet, our company is purpose-built to meet the challenges of the climate crisis.

Constellation has been the leader in clean energy production for more than a decade. Now we're speeding delivery of low-carbon or no-carbon power to help families, communities, governments, and businesses meet their sustainability and decarbonization goals. Constellation provides 10 percent of total clean power and 22 percent of clean baseload power in the United States and is the leading competitive retail supplier of energy products, services and clean energy solutions. The race is on to confront climate change, and no company is more ready to meet that challenge.

We are committed to advancing diversity, equity and inclusion and believe in attracting, retaining and advancing employees who will best serve and represent our customers, partners and communities. We provide a workplace that ensures mutual respect, where each individual has the opportunity to grow and contribute at their greatest potential. Constellation will provide you the tools and resources you need to design, build and power a successful career.

Constellation offers a wide range of benefits, designed to help our employees thrive professionally and personally. 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.

Join us as we accelerate the transition to a carbon-free future. Energize your career with Constellation.

PRIMARY PURPOSE OF POSITION

The primary function for this position will be to accurately capture, settle and confirm all third party and inter-company energy commodity transactions including pricing and volumetric verifications. Provide supporting documentation for monthly financial close and financial planning and analysis processes. Identifies settlement and confirmation discrepancies while collaborating with customers, schedulers and traders to resolve data issues in a timely and accurate manner. Assist in the actualization of physical and financial contracts and their related costs. Responsible for accurate trade validation and modeling of all trades in the risk system to ensure proper credit, risk, financial and trading position reporting. Processes all invoices or confirms for energy and other commodity sales, reconciles brokerage data for invoicing purposes and checks balancing invoices to identify any penalties or imbalance charges. Perform the timely forecasting, processing, reconciliation, and exception reporting of accounts payable and accounts receivable.

PRIMARY DUTIES AND ACCOUNTABILITIES

  • Daily trade verification and position settlement with trading counterparties, including discrepancy tracking and resolution, to ensure an accurate Daily Profit Statement. (35%)
  • Validate and reconcile all energy commodity transaction data for regional owned and contracted units used in the accurate reporting to external government agencies, Independent System Operators, and Power Marketing groups. (15%)
  • Demonstrate ability to decompose risk elements of portfolios being managed by the commercial business (10%)
  • Accurate and timely invoicing of counterparties for all commodities. (10%)
  • Accounts Payable and Accounts Receivable forecasting, processing, reconciliation, and exception reporting. (10%)
  • Participate in the identification and assessment of the overall risks within the Corporation. (10%)
  • Provide support for other Operations, Risk, Financial Accounting, FP&A and Power Marketing activities. (10%)

JOB SCOPE

As a key member of the Wholesale Operations organization, this position will require a thorough attention to detail and offer an opportunity for the employee to gain a thorough understanding of the physical and financial products offered by the Company, as well as, the marketplace in which it transacts. This job is integral to ensuring that the Commercial Team's revenues and power purchases are recorded correctly. Through its interaction with Corporate Accounting, Corporate Treasury and Corporate Risk, this function provides the monthly settlement figures in support of the monthly close and financial reporting processes.

Qualifications - External

MINIMUM QUALIFICATIONS
  • Undergraduate degree in Accounting, Finance, or other business related field.
  • Minimum 2 years of experience in a business related position
  • Strong organizational, written and verbal communication skills.
  • Strong math and analytical skills.
  • Ability to use spreadsheet applications and learn other specialized software products
  • Ability to work closely with peers in a teamwork environment.

PREFERRED QUALIFICATIONS
  • Prior industry experience preferred.
  • Experience and knowledge in Financial Accounting or Financial Statements.

Constellation is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor