Lead Revenue Analyst

Job Description:

Overview

Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations.

Position Summary

Manage revenue and settlement processes for Deriva Energy's wind and solar portfolio, including data analysis, contract interpretation, settlement validation, monthly close, and communication with internal and external stakeholders. Additional responsibilities include quarterly reporting, audit support, account reconciliations, subledger-to-GL mapping, batch processing, cash reconciliation, and ad-hoc analysis to support management decisions. Requires strong knowledge of GAAP revenue accounting standards and controls, with exceptional accuracy and attention to detail.

Main Responsibilities

• Review Power Purchase Agreements for billing and accounting treatment

• Interpret contract terms and validate transaction details; recommend corrections as needed

• Reconcile billing transactions with counterparties and ISOs per contractual timelines

• Review and reconcile balance sheet accounts (AR, unbilled revenue, collateral, derivatives)

• Identify and record revenue accruals, adjustments, and corrections; communicate impacts

• Prepare revenue and AR reports

• Research and resolve complex billing discrepancies; follow up on outstanding receivables

• Analyze financial data, identify variances/trends, and summarize findings for management

• Perform complex queries in energy trading systems for internal/external inquiries

• Collaborate with site personnel, corporate teams, auditors, vendors, and consultants

• Assist with annual budget preparation and special projects

• Support implementation of new ETRM system

Basic Qualifications

• Bachelor's degree with major in Accounting/Finance or related discipline

• Five (5) years or more of increasingly diverse or complex experience in related field in addition to degree

Desired Qualifications

• Six (6) years or more of increasingly diverse or complex experience in related field

• Certified Public Accountant

• Working knowledge of GAAP

• Working knowledge of CommoditesXL, PowerOptix, Aveva PI system, and various Financial and Accounting software (i.e., IFS, Onestream, etc.)

• Working knowledge of FERC revenue filings

• Possesses and applies fundamental accounting and finance concepts, practices, and procedures

• Excellent written and oral communication skills

• Experience using Microsoft products such as Excel, Word, Power Point, and PowerBi

• Proficient user of pivot tables and working knowledge on how to leverage Microsoft Power Query

• Demonstrated ability to work independently and meet stated deadlines

• Advanced visualization app experience or database management

• Experience with power settlements and invoicing with the various ISOs (ERCOT, PJM, MISO, SPP, CAISO)

• Experience with complex power purchase agreements, VPPAs, and CFD.

• Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners

Working Conditions

• This position is located in Charlotte, NC

• This is an in-person position; employees should live within a reasonable daily commute to the designated office location

• 4 days in office per week required

Benefits

• Health Insurance

• Dental Insurance

• Vision Insurance

• 401(k) with matching

• Employee assistance program

• Flexible spending account

• Life insurance

• Paid time off

• Parental leave

Additional Information:

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.

Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.