Settlement Specialist

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.

We are currently seeking an innovative and results-oriented individual to join our Settlements Accounting team!

We are seeking a highly motivated Settlements Specialist to join our dynamic team at Capital Power. As a Settlements Specialist, you will play a vital role in supporting our energy trading business, ensuring flawless invoicing, accounting, and payment/collections for various trading transactions as well as executing value-add projects that could include power, natural gas, and/or environmental. This is an exceptional opportunity to contribute to a world-class organization and make a significant impact in the energy sector.

You will contribute to our team by

• Supporting month-end general ledger close processes through the daily settlement and check-out process for trading transactions, preparation of entries including accruals, timely collection and payment activities, account reconciliations, and analysis of results.
• Coordination and alignment of transaction details and other data between 3rd party counterparties, and internal business partners including Finance, Trading and Origination, Information Services, Legal, and Risk Management groups.
• Working with the Allegro energy trading and risk management system, Oracle EPM system and other applications to execute daily and monthly activities.
• Maintaining updated documentation and checklists around the settlement processes, ensuring adherence to CSOX and other internal controls.
• Supporting new business initiatives and continuous process improvement projects by incorporating changes into day-to-day processes.
• Maintaining a strong working rapport with both internal and external parties, including accurately responding to inquiries in a timely and professional manner.
• Assisting with deliverables associated with quarter-end interim reviews and year-end audits.
• Adhering to HSE procedures/rules and standards.

What you will bring to the role

Education

• Degree/diploma in accounting or related field.
• Progress towards a professional accounting designation or CPA designation is an asset.

Experience:

• 1-3 years of energy trading finance, risk or equivalent experience including AR and/or AP experience.
• Ideal candidate will have previous experience and knowledge developing Excel models and tools required to reconcile large amounts of data between disparate sources, and an understanding of the wholesale electricity markets and charges.

Technical Skills

• Proficiency with MS Office suite of applications, Excel in particular.
• Previous experience with trade settlement applications (e.g., Allegro, TriplePoint) and EPM applications (e.g. Oracle, SAP) is considered an asset.

Working Conditions:

• Hybrid Office/Work from home position, with possible travel to meet business users at Capital Power facilities or other offices.
• Overtime hours required during peak periods including weekends based on timing of deadlines.

Additional Details

Hours of Work: 8 hours per day, 40 hours per week

Union: CSU52 (T1)

Wage: $39.28 - $46.84 per hour

This position will remain open until a suitable candidate is found.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting
careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.