Project Manager, Settlements

Who We Are

Clean Power Alliance (CPA) is Southern California’s locally operated not-for-profit default electricity provider for 38 communities within Los Angeles and Ventura counties and the 4th largest electricity provider in the State of California. We provide clean renewable energy at competitive rates to over three million residents and businesses through approximately one million customer accounts.

What You’ll Do

• CPA seeks an experienced, highly organized, detailed-oriented, and enthusiastic Project Manager, Settlements to provide operational, analytical, compliance, and other support to our growing team, as we advance clean energy goals in a way that adheres to the local priorities of our member agencies. The Project Manager, Settlements is responsible for reviewing and identifying discrepancies with our California Independent System Operator (CASIO) and bilateral counterparty invoices, validating transactions of wholesale market products, and performing after the fact analysis on settlements and Congestion Revenue Rights (CRR) to influence resource optimization and CRR strategies.
• Who You’ll Work With The Project Manager, Settlements reports to the Senior Manager, Market Operations. You will work closely with internal teams including but not limited to the Power Supply and Finance teams.
• Commitment to Diversity
• At CPA, we value diversity and are committed to creating an inclusive environment for all employees. We represent a diverse customer base and intend to hire employees that reflect our communities. Clean Power Alliance provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
• Culture
• CPA fosters a culture of open communication, responsibility, intellectual curiosity, and exceptional judgment. As a small team that has quickly built the largest Community Choice Aggregation program in the country, high levels of trust, collaboration, and mission alignment are key factors in success. We value fact-based creativity in our work, accountability with our stakeholders, and promote ethical engagement and diversity with our brand.

Requirements

• Excellent verbal and written communication skills. Experience and comfort presenting information to colleagues and external consultants.
• Excellent organizational, scheduling, and time management skills.
• Attention to detail and accuracy.
• Ability to work independently on projects, fully own tasks and processes, and follow through to completion.
• Ability to act with integrity, professionalism, and confidentiality.
• Ability to handle multiple priorities to meet deadlines and escalate key issues.
• Adaptable and flexible in a fast-paced, changing operational environment with shifting priorities.
• Works well with diverse teams and consultants and is highly collaborative.
• Proficient with Microsoft Office Suite (particularly Excel and PowerPoint)
• Experience with programming languages (i.e., SQL), data visualization tools (i.e., Tableau, Power BI) and data analysis tools (i.e., R, Python, and SAS) is a plus
• Duties and Responsibilities
• CAISO Settlements: Manage the CAISO settlement process for assigned less complex charge codes including validating weekly CAISO settlement statements, identifying and resolving discrepancies, and resolving disputes with the CAISO to recover incorrect charges.
• Contract Settlements: Responsible for the review and validation of bilateral counterparty settlements for assigned less complex contracts of CPA's Power Purchase Agreements (PPAs), including wind, solar, hydro, geothermal, and energy storage. Assist with contract language interpretation and pro forma contract language updates to address recurring settlement issues or inefficiencies. Develop and maintain settlement templates and spreadsheets for a portfolio of bilateral contracts, with a focus on contract settlement accuracy and process efficiency. Escalate issues including but not limited to irregularities, discrepancies, and more complex contracts to the Advisor, Settlements for assistance. Responsible for ensuring accurate and complete information prior to submission for approvals of payments of multi-million dollars.
• Wholesale Market Product Settlements: Validate transactions of energy, Resource Adequacy capacity, Renewable Energy Credits (RECs), carbon free energy, and other wholesale products. Collaborate with stakeholders to ensure the settlements of the assigned products comply with contract and product deliveries. Manage communications and interactions with counterparties to ensure accurate information is provided and compliance is met.
• Finance and Audit Support: Responsible for providing accurate accruals and timely delivery data to Finance for assigned contracts. Support Finance with reporting, compliance filings, and issue resolution as needed. Assist audit efforts and compile necessary data to ensure accuracy and timely responses to audit requests.
• Strategic Analysis: Conducts analysis to identify trends and anomalies that impact operations and provides findings to internal stakeholders. Supports the development of recommendations by analyzing large datasets using established models and methodologies. Contributes to building analytical and operational capabilities through collaborative problem solving. Responsible for performing specific analysis on performance of resources, payment calculations, comparing resource output to contractual obligations and forecasts. Responsible for communicating analytical findings to leadership and CPA’s Risk Management Team (RMT), considering current and future risks and opportunities.
• Congestion Revenue Rights (CRR) Analysis: Participate in the monthly and annual CRR process and analyze the results to identify trends and opportunities for improvements. Complete filings at CPA’s discretion as well as other market participation requirements.
• Perform other duties as assigned.
• Successful Candidates Must Demonstrate the Following Abilities: Demonstrate good judgement and integrity
• High attention to detail with strong organizational skills.
• Communicate effectively, orally, and in writing; and the ability to translate complex technical information into non-technical language
• Have a strong work ethic and be comfortable taking initiative/working in a fast paced, start-up environment
• Work well on diverse teams and be highly collaborative
• Must be able to work at a desk and on a computer for prolonged periods

Qualifications

• A bachelor’s degree and at least 2 years relevant experience in energy settlements, scheduling, compliance, market operations, or planning
• Experience in ISO and bilateral wholesale electricity market settlements desired
• Understanding of CAISO energy market, including familiarity with CAISO charge codes associated with load and supply resources preferred
• Work Location

This position is eligible for either Hybrid or Remote options. The Hybrid option requires 2-3 assigned full-time days in the Downtown Los Angeles office and includes a transportation allowance. The Remote & Hybrid options require full-time in-person attendance at organization or team-wide events 3 times per year for 3-5 days per event. All staff are required to work during CPA’s office hours Monday-Friday 8:30am-5:30pm PST.