Manager of Contracts and Settlements

Requirements

• Education & Experience
• Education:
• A b achelor's degree in engineering, finance, economics, accounting, or a closely related field. A master's degree from an accredited university in a related field is highly desirable.
• A minimum of seven (7) years of progressively responsible experience at an electric utility, municipal utility, a Community Choice Aggregation program, a power supply developer and/or seller, or in a closely related field.
• A master's degree may be substituted for two years of experience.
• A minimum of two years of experience serving in a technical lead or similar capacity, including providing work direction, technical guidance, and coordination for other t

Benefits

Additional Information

About MCE At MCE, we tackle the climate crisis with a shared commitment to innovation, community, and equity. Together, we foster an inclusive, collaborative, and flexible work environment where creativity thrives, work-life balance is prioritized, and every voice is valued. MCE is a not-for-profit public agency that has set the standard for clean energy in our communities since 2010. We provide more renewable power at stable rates, and deliver cutting-edge energy programs to residents and businesses across four Bay Area counties: Contra Costa, Marin, Napa, and Solano. Our team, drawn from all walks of life, embodies a shared passion for environmental stewardship and community service. You'll work alongside dedicated professionals innovating and collaborating to make our communities more energy-efficient, resilient, and sustainable. MCE is in the San Francisco Bay Area, with offices in San Rafael and Concord. Employees have the option to work remotely, in a hybrid arrangement, or in the office, depending on the role responsibilities and any in-person meeting requirements. I am happy to provide more details if needed. We value a range of experience. Even if you feel that you do not meet all of the qualifications, we encourage you to apply. Application materials will be reviewed on a rolling basis. Manager of Contracts & Settlements (Power Resources) - One Position Under general direction of the Director of Power Resources, the Manager of Contracts and Settlements has responsibility for managing MCE's portfolio of executed power supply contracts. MCE's portfolio currently consists of the following contract types: Long-term power purchase agreements for renewable energy and/or energy storage. Short/medium term agreements for renewable and/or large hydroelectric energy. Short/medium term agreements for resource adequacy. Short/medium term agreements to hedge MCE's CAISO load payments. The Manager of Contracts and Settlements requires significant subject matter expertise and the ability to lead a team. This role manages the Contracts and Settlements vertical and works cross-departmentally to ensure successful execution of Power Resources Department operations. Since the Manager works closely with internal and external partners, counterparties, and Board members, they must demonstrate excellent communication skills. Essential Duties and Responsibilities (ILLUSTRATIVE ONLY) Ensure each of MCE's power supply contracts is administered in accordance with the contract terms. Work with counterparties to ensure that new steel in the ground projects are permitted, built, interconnected and brought to commercial operation in accordance with the contract milestones and terms. Work with counterparties to ensure that resources deliver all the capacity, energy, and environmental products, as required under each agreement. Ensure that resources are appropriately shown to the CPUC and CAISO for resource adequacy. Work with MCE's scheduling agent to ensure that resources are properly bid and scheduled into CAISO's day-ahead and real-time markets. Work with MCE's scheduling agent to monitor resource performance and CAISO settlements. Ensure accurate and timely bilateral settlements with each counterparty, including invoice validation. Resolve the unexpected contractual and/or operational issues that happen. Negotiate amendments and letter agreements to memorialize necessary changes to contracts. Ensure that key contract terms and resource data are accurately captured in MCE's centralized contract management system. Help and input into MCE's power supply portfolio management. Help and/or guidance on power supply compliance reporting, especially as it pertains to resource settlement data. Provide feedback to MCE's power procurement staff on specific contract terms that should be added, refined, or removed from MCE's contracts in the future. Aid MCE's power procurement staff, if needed. Help design new tools that will improve MCE's ability to manage its portfolio of contracts and validate bilateral invoices. Build a strong understanding of both the regulatory requirements and MCE board requirements that shape MCE's power supply portfolio. Build strong relationships with MCE's many counterparties.

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