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Invenergy Services Inc. Manager, Settlements in Chicago, Illinois

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.

Job Description

Position Overview

As the Manager, Settlements you will be responsible for advising the Settlements team and stakeholders in the settlements process on best practices, process improvements, automation, and system evaluations. The Manager role will be heavily focused on translating strategies into actionable initiatives to improve Settlements processes.


  • Demonstrate knowledge of the renewable energy industry and the North American power and natural gas markets and the settlements process for thermal, wind, solar and battery storage projects

  • Monitor the assigned electricity markets to identify rules changes affecting settlement results and impacts to customers

  • Partner with internal stakeholders to develop and implement settlement best practices

  • Oversee the creation and maintenance of Settlements’ standard operating procedures

  • Drive the definition and adherence to internal processes that ensure consistency and quality

  • Work with Invenergy’s Business Transformation team on process and systems improvement projects, applying the knowledge of the underlying Settlements processes and technologies to make recommendations on how to achieve long-term scalability, reduce operational cost, and better support Settlements processes

  • Work with Financial Systems team to implement projects that automate repetitive tasks and reports using various technologies and developing efficient methods that can be used in reporting dashboards

  • Promote good communication and coordination with other departments

  • Guide and support team members with individual problem-solving tasks as needed

  • Lead meetings to review, examine and execute new project onboarding, existing project obstacles, problem resolution, timelines, recommendations, and conclusions


  • Bachelors or Master’s degree in Mathematics, Statistics, Economics, Engineering, or Finance

  • Minimum of five years of experience in the energy industry with an independent power producer or a utility, including positions in Settlements, Accounting and/or Energy Trading, with a minimum of three years of experience in Settlements

  • Thorough understanding of energy commodity markets and regional power/independent system operators (e.g. PJM, ERCOT, NYISO, MISO, SPP, ISO-NE, IESO, CAISO, etc.)

  • Experience with ETRM systems (e.g. Allegro) and ISO interfaces and Settlement software (e.g. ADAPT2)

  • Intermediate to expert level Excel skills; knowledge of Power BI is a plus

  • Exceptional problem-solving skills and attention to detail

  • Previous experience managing direct reports and/or training or coaching personnel in settlements processes

  • Past process improvement experience or process development work preferred but not required

  • Familiarity with programming language such as SQL is a plus

  • The candidate will possess effective written and oral communications skills

  • Responsible, dependable, and possessing an exceptional work ethic



Eligible for medical, dental, vision, 401(k), bonus, paid time off, etc.

Invenergy believes inclusion drives innovation

Diverse teams are better teams. The perspectives and experiences that people from different backgrounds bring to an organization drive better decisions and improved business results. Invenergy employees are inclusive and welcoming of all colleagues of all backgrounds, genders, races, sexual orientations, religions and abilities.

We foster an entrepreneurial culture driven by teamwork and collaboration. In fields spanning engineering, development, finance, legal, government affairs, communications and information technology, we are led by an experienced leadership team that has worked together in the clean energy industry for more than 25 years. At Invenergy, you will work in a dynamic environment in which you can utilize and develop your technical expertise to solve the energy challenges facing our customers and communities.