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Full-time
bachelor degree
Posted 2h ago
~40 hrs/week
Responsibilities
The Commercial Analyst manages back and middle office activities, including settlement calculations, revenue reporting, and contract obligation tracking. They also develop automation tools to streamline processes and collaborate with accounting and asset management teams to deliver investor reporting.
Requirements
Candidates must hold a bachelor's degree in business, finance, accounting, or economics and possess at least 3 years of relevant experience. Proficiency in MS Excel-based modeling and a basic understanding of energy markets and ISO operations are required.
Full job description
The Commercial Analyst will primarily be responsible for Back/Middle Office activities of the Commercial team, with a focus on performing settlement calculations, revenue reporting, and reviewing contracts for tracking obligations. The Commercial Analyst’s responsibilities will include the maintenance and management of revenue- centric models that facilitate the distribution of investor reporting and invoicing, as well as the development of automation tools to streamline commercial processes. This position with interface with external clients performing market analyses and reporting on monthly results.
Essential Responsibilities:
Perform basic settlement and invoicing activities under supervision, including shadow settlements and validation of final
settlements for standard ISO, hedge, and REC contracts; support communication with counterparties to facilitate alignment and escalate discrepancies as necessary.
Collaborate with Accounting on invoicing, payments, and providing revenue reconciliations for monthly reporting.
Support communications with asset management clients and offtakers, building an understanding of how market conditions and events influence project revenues.
Verify ISO bilateral trade scheduling and support execution of Day-Ahead/Real-Time Scheduling
Assist in drafting transaction confirmations (power swaps, REC sales, etc.)
Analyze, reconcile, and support evaluation of confirmations for accuracy, ensuring proper amounts and Commercial terms.
Collaborate with Asset Management and Accounting to deliver investor reporting, including assisting with the and explanation of budget vs. actual variances as well as the related market analysis.
Maintain revenue models for reporting to internal and external stakeholders, with the goal of suggesting improvements related to efficiencies.
Develop an understanding of revenue calculation methodologies and support internal verification of financial impacts.
Analyze energy market data and trends to build knowledge of financial performance drivers for solar, wind and other assets.
Read contracts to understand basic Commercial obligations; record and communicate obligations to Management and Contract Administration.
Manage REC trading and tracking system activity (PJM GATS, NCRETS, WREGIS, TX REC etc.)
Education and Experience Requirements:
Bachelor’s degree in business administration, finance, accounting, economics, or related field.
3+ years of relevant experience in M&A, FP&A, and Commercial domains required; past experience working in the financial or energy industries highly preferred; experience directly supporting Back-Office functions in wholesale or retail electricity preferred.
Experience preparing, reviewing, and auditing complex models in Excel.
Proven competence in MS Excel-based modeling, financial planning and analytics.
Knowledge of ISO market operations and settlements, especially in PJM, MISO and ERCOT preferred.
Basic understanding of energy markets, solar technology, and wind technology.
Ability to analyze and extract relevant information within contracts.
Ability to extract, manipulate, and summarize large amounts of data.
Transforming North America’s renewable energy future.
Industry
Services for Renewable Energy
Company size
51-200 employees
Headquarters
Pittsburgh, Pennsylvania
LinkedIn followers
4,252
Exus Renewables North America owns, develops, repowers, and manages utility-scale renewable energy projects, driving sustainable growth and advancing the clean energy transition across the United States.
We leverage our extensive technical, operational, and financial expertise to minimize risk and ensure the long-term viability and success of our investment and advisory portfolio.
Offices: 1435 Bedford Ave, Suite C-2, Pittsburgh, Pennsylvania 15219, US
Energy ManagementSemiconductorRenewable EnergyEnergy StorageAsset ManagementEnergyFinancial ServicesBattery
How much do Finance & Accounting jobs in Pittsburgh, PA pay?
Based on 486 listings with disclosed salaries, most finance & accounting jobs in Pittsburgh, PA pay between $49k–$168k per year. Individual offers vary with seniority, company size, and specialization.
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There are currently 1,196 open finance & accounting positions in Pittsburgh, PA listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Pittsburgh, PA?
Companies currently hiring include PNC, BNY, First National Bank of Pennsylvania, UPMC, Allegheny Health Network, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in Pittsburgh, PA?
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