ISO & Contract Settlement Associate

Does working for a fast paced, growing company that is making a difference in our environment excite you? Do you have a passion for making our environment better for this generation and the ones that follow? If you’re excited about career growth, group volunteering, and the occasional ping pong after hours, then this is the job for you. Let’s make a difference together. Join our team! 

SUMMARY

The Settlement Associate will join the Energy Storage Asset Management Team to settle accounts for all ISO New England market participation and relevant third-party vendors. The position is responsible for managing multiple initiatives as Nexamp’s asset base grows, revenue streams diversify, and projects increasingly rely on ISO based revenues. External investors and auditors, as well as our accounting team will rely on this position for reporting past performance and forecasting future project revenues. This role will be based either in Boston or Lowell, Massachusetts and will report to the Storage Asset Manager.

RESPONSIBILITIES

• Assist Energy Storage Asset Manager with financial reporting of all ISO-NE market revenues
• Lead data reconciliation process with ISO and ensure accuracy and timeliness of market revenues
• Ensure all third parties and all project companies are settled appropriately taking into account relevant costs of participation and market risks
• Directly work with accounting and treasury to post financial assurance and letters of credit
• Attend quarterly settlements forum and other ISO meetings to ensure a complete understanding of financial market changes within the ISO
• Assist the Energy Storage Asset Manager in managing the monetization and trading of clean peak energy certificates and execution of underlying contracts

QUALIFICATIONS

• Bachelor’s Degree preferred
• 1 to 3 years accounting or revenue support operations at an ISO, utility, or energy company
• Understanding of US power and ancillary service markets with a preference for ISO New England market knowledge
• Exceptional Microsoft Excel ability
• Exceptional oral and written communication skills
• Highly organized and capable of managing multiple projects and initiatives

If you don’t meet 100% of the above qualifications, but see yourself contributing, please submit an application.  We encourage people from minority or marginalized groups to apply.

At Nexamp, our mission is building the future of energy, so it is clean, simple, and accessible for all. We believe a diverse team brings different perspectives and experiences, thus benefiting our work. We are committed to providing a work environment free from discrimination. We are proud to be an equal opportunity employer. We do not discriminate against applicants on the basis of race, ethnicity, religion, sex, gender, sexual orientation, gender identity, disability status, veteran status, or any other basis protected by law. By encouraging a culture where ideas and decisions come from all people, we believe it will help us grow, innovate, and be a part of environmental and social change.

PERKS & COMPENSATION

Not only will you get to work with a group of innovative, dedicated, and motivated peers, you will also have access to all the benefits that Nexamp Offers! This includes: our competitive compensation package; a 401 (k) employer-match; health, dental, & vision insurance with company contribution; Flexible Paid Time Off and Company Holidays; Commuter Benefits, Cell Phone Reimbursement; as well as a Fun, Collaborative, Downtown Office Environment! We provide healthy snacks, coffee, in-office yoga sessions, volunteer opportunities, company outings, and more!

NEXAMP VALUES AND MISSION

Building the future of energy so it is clean, simple and accessible.

Nexamp is building the energy infrastructure of tomorrow and reinventing the way people interact with the electricity that powers their lives. By deploying a distributed network of locally sourced clean energy, we seek to reduce the negative effects of climate change. Our team’s diverse experience drives innovation from the ground up and with a singular passion: to deliver an accessible and sustainable energy future for all.