Settlement Manager, Energy Markets

Description

• Work cross-functionally with Markets, Real-Time Ops, Finance/AR, and Client Success to resolve issues before they impact clients.
• Build/maintain SOPs, control matrices, and audit trails; coordinate internal/external audits.
• Translate market rule changes into repeatable settlement logic and controls.
• Lead the dispute/notice workflow (e.g., IESO Notices of Disagreement), track recoveries, and maintain evidence files.
• Manage, coach, and develop two settlement analysts; set KPIs and coverage models for peak periods.
• Produce accurate, on-time client invoices and settlement packs (summaries, line-item detail, variance notes).
• Own monthly/weekly settlement cycles for IESO (energy, capacity/RA, ancillary services, uplift/variance, transmission, distribution riders).
• Partner with Data Management to improve ingestion from MDM/SCADA/telemetry sources and ensure data quality, lineage, and reconciliations.
• Dispute program delivering measurable recoveries with reduced cycle time and a tracked win rate.
• Create executive dashboards for avoided costs, program performance, transmission/capacity value, and savings attribution.
• Work with Data Science/Engineering to automate charge-type logic and exception handling; enhance tools for pricing curves, loss factors, tags, performance factors, and uplift allocations (SQL/Python/BI).
• Automated pipelines and exception dashboards cutting manual effort by 30–50%.
• Perform shadow settlements from meter/telemetry and bids/offers; reconcile ISO statements and LDC invoices; investigate variances and root causes.

Requirements

• Occasional travel for client meetings, audits, or team onsite (≈ 5–10%).
• Proven variance analysis/root-cause skills; disciplined about accuracy and on-time closes.
• 5–8+ years in power market settlements with direct IESO experience.
• Clear, concise communication—able to translate charge codes into client-friendly explanations and exec summaries.
• A standardized client settlement pack adopted across portfolios.
• Two analysts performing at a high level with clear KPIs and cross-coverage.
• Mississauga (Hybrid): in-office 2 days/week at Rodan’s Mississauga office; flexibility the rest of the week.
• Working knowledge of additional ISOs (PJM/NYISO/MISO/AESO) or strong aptitude/willingness to learn fast.
• Documented SOPs & control matrix; clean audit with no material findings.
• Experience creating SOPs, internal controls, and audit evidence; confident engaging with ISOs/LDCs on disputes.
• Nice to have: DR/BTM storage settlements, telemetry/MDM data structures, capacity/performance factor mechanics.
• Advanced Excel; solid SQL and/or Python for data wrangling/reconciliation; BI experience (Power BI/Tableau).
• >99.5% invoice accuracy and on-time close every cycle.

Benefits

• Competitive base salary + performance bonus.
• Group RRSP employer matching.
• Professional development and growth within a scaling energy platform.
• Comprehensive health & wellness benefits.

Training + Development

Interview process

Visa Sponsorship

Security clearance