Settlements Account Analyst

Reporting to the Manager, Commercial Accounting and Settlements, we are seeking a motivated and experienced accounting/settlements professional to join our Commercial Accounting and Settlements team in Houston, Texas. This role is a critical part of the Accounting and Finance organization and is responsible for accounting, settlement, reporting, and analytical activities supporting Talen Energy's commercial and energy marketing operations. The position offers broad exposure to energy markets, commercial transactions, financial reporting, regulatory requirements, and cross‑functional business processes.

The successful candidate will develop deep expertise in assigned business areas and will work closely with Commercial, Accounting, Treasury, Legal, Information Technology, and other cross‑functional teams. This individual will also play an active role in strengthening internal controls, improving processes, and supporting evolving business needs.

your work directly supports safe, reliable power generation. In this role, you’ll move beyond day‑to‑day contributions to drive meaningful change by:

• Own key components of the monthly accounting close for physical and financial wholesale power, natural gas, and fuel transactions, including the preparation, review, and recording of journal entries.
• Perform settlement activities for wholesale and retail power, natural gas, and fuel transactions, ensuring accurate and timely billing and accounting.
• Partner with counter parties and internal stakeholders to investigate and resolve billing discrepancies, settlement issues, and past‑due receivables.
• Review and analyze contracts to understand commercial terms, settlement requirements, and accounting implications.
• Prepare and analyze balance sheet account reconciliations and period‑over‑period fluctuations, identifying key drivers and clearly communicating results to management.
• Prepare weekly cash forecasts to support Treasury's liquidity planning and cash management activities.
• Develop, document, and continuously improve procedures and controls to ensure accounting and settlement activities are completed accurately and on schedule.

• Prepare quarterly balance sheet fluctuation analyses, identify significant period‑over‑period changes, and present findings to management.
• Prepare supporting schedules, work papers, and documentation in response to quarterly audit requests.
• Assist with the preparation and review of FERC Electric Quarterly Report (EQR) filings and other regulatory reporting requirements.
• Collaborate with Accounting, Commercial, Treasury, Legal, and other business functions to ensure financial and regulatory reporting is accurate, complete, and timely.

• Work closely with Contract Administration, Front and Middle Offices, Accounting, Financial Reporting, Settlements, Treasury, Credit, Information Technology, Legal, and other business partners to compile, analyze, and communicate financial and operational information.
• Build strong working relationships across the organization to resolve issues, support business initiatives, and improve the flow of information between Commercial and Accounting teams.

• Identify and implement opportunities to streamline processes, improve controls, increase efficiency, and promote best practices across accounting and settlement activities.
• Support system enhancements, new business initiatives, and other projects that impact Commercial Accounting and Settlements.

• Serve as a point of contact for assigned audit requests and work directly with internal and external auditors to provide…