New

Senior Settlements Analyst

PG&E
United States, California, Oakland
Sep 13, 2025
Requisition ID# 167239 Job Category: Legal Job Level: Individual Contributor Business Unit: Engineering, Planning & Strategy Work Type: Hybrid Job Location: Oakland Department Overview The Energy Policy and Procurement (EPP) organization procures electricity, capacity, and ancillary services to serve the needs of bundled electric customers. In addition, EPP procures natural gas, pipeline capacity, and storage capacity on behalf of residential and small commercial customers, and for both utility-owned and contracted third-party electric generation. EPP is responsible for the front-office and back-office functions associated with power and gas procurement. Front-office functions entail planning, contracting, trading, scheduling, and dispatching electricity, and natural gas for PG&E's customers. Back-office functions entail administering procurement agreements and ensuring timely and accurate payments to the California Independent System Operator (CAISO) and third-party power and gas suppliers. EPP also actively participates in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulation and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E's energy portfolio. Contract Management, Settlements and Reporting (CMSR) is a department within EPP responsible for the implementation, administration, and settlement of all electric and gas supply contracts with respect to the management of contract terms and conditions, contract generation construction monitoring and testing, resolution of billing disputes and discrepancies, and the reporting of market transactions and contract settlement payments. Position Summary As a Senior Analyst within PG&E's Energy Policy and Procurement (EPP) organization, you will lead settlement operations for complex Bilateral and Central Procurement Entity (CPE) contracts. You'll play a key role in ensuring accurate, timely settlements and compliance with regulatory obligations, while driving process improvements and supporting cross-functional initiatives. This position is hybrid, working from your remote office and your assigned work location based on business need. The work location is Oakland, CA. PG&E is providing the salary range that can reasonably be expected for this position at the time of thejob posting. This salary range is specific to the locality of the job. The actual salary paid to an individual will bebased on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience,market value, and geographic location.The decisionwill be made on a case-by-casebasis related tothese factors.This job is also eligible to participate inPG&E's discretionary incentive compensation programs. A reasonable salary range is: Bay Area: $98,000.00 to$134,200.00 Job Responsibilities Process Improvement/Projects Uses subject expert knowledge, communication skills, and experience to anticipate issues and take steps to mitigate negative impacts related to our settlement processes. Initiates and fosters all cross-business relationships critical to support Electric Settlements. Implement improvements and process automation for invoice estimation. Lead system upgrades and implementations that impact settlement functions. Addresses emerging control issues and identifies potential compliance risks. Electric Contract Settlements Lead settlement and compliance activities for complex Bilateral and CPE energy contracts, including managing payables/receivables, resolving settlement discrepancies, and ensuring all activities comply with contract provisions. Perform invoice validation, including processing of statements for payables, creating invoices for receivables, managing payables/receivables, and resolving settlement discrepancies. Act as a subject matter expert and program lead on CPE settlement initiatives, managing complex Bilateral and CPE energy contracts, and providing leadership on settlement and compliance activities. Coordinate cross-functional issues with counterparties, CPE team, Short Term Electric Supply, Contract Management, Legal, and other departments, including addressing settlement-related issues and potential disputes. Review and interpret contracts, identify settlement risks, recommend solutions, and serve as a key liaison for internal and external stakeholders on contractual matters. Reporting and Compliance Track costs and volumes related to assigned contracts for financial reporting purposes. Work with others in the organization and external departments (e.g., Corporate Accounting, Law, Revenue Requirements, etc.) to properly categorize costs for recovery. Work within the existing control structure to meet all Sarbanes-Oxley (SOX), internal and external auditing requirements. Ensure that all activities and documentation comply. On an as-needed basis, serve as a witness and/or witness assistant, respond to data requests and develop data requests for submittal in regulatory and legislative proceedings. Work with Contract Management, Revenue Requirements, and Corporate Accounting as needed for proper reporting of new procurement activities. Qualifications Minimum: High School Diploma or GED 3 years or more of applicable work experience Desired: BA/BS in Business, Math, Finance, Economics, Accounting, Engineering, Data Science or related quantitative discipline Skilled in use of MS Word, Excel, PowerPoint, Access, VBA, Co-pilot Advanced knowledge of Power BI Advanced knowledge of SQL Knowledge of Lean Operating System and the Five Plays Knowledge of Energy Procurement business Knowledge of CAISO and electric settlement processes Attention to detail/high level of organization Excellent analytical skills Business/Financial Acumen Strong communication skills (written and oral)