Power Settlements Manager - Energy Management
Cobra Industrial Activities, Inc., Houston, TX, United States
Cobra Industrial Activities, Inc., a USA subsidiary of the globally recognized Grupo Cobra, specializes in applied industrial construction, engineering, energy, and specialized services. With over 75 years of expertise, Grupo Cobra operates in more than 45 countries, employing 20,500 professionals worldwide, and achieved a total revenue of $4.4 billion in 2025. In the United States, Cobra Industrial Activities focuses on the development, ownership, and operation of solar plants, managing a portfolio of over 900 MW of solar projects that are either under construction or in operation. The company is committed to contributing to the renewable energy sector through innovative and sustainable solutions.
Position Summary
Lead and own post‑trade operations, settlements, and reporting for an energy trading and renewable portfolio. This Manager ensures accurate valuation and settlement of physical and financial contracts, automates reconciliation and data flows, and delivers timely management reporting that supports trading, risk, and portfolio strategy.
Key Functions
Perform the activities related to settlements and follow‑up arising from (i) market operations (ii) from physical/financial contracts executed by Cobra, (iii) Renewable Energy Credits (RECs), (iv) short hedges, (v) tolling.
Develop and implement automated processes for settlements and data recording in databases, ensuring efficiency and accuracy in information management generated from the day‑to‑day settlement (DAM/RT/RECs/Balancing/PTP Options/Ancillary Services) to help taking decisions on the Renewable Energy Portfolio strategy performed by Middle Office.
Perform the required activities related to the reporting of the PPAs
Perform the required activities related to the issuance of Renewable Energy Credits (RECs) or monitoring the status and position of those.
Communicate settlement amounts arising from market operations to Accounting & Controlling departments.
Support on related energy management activities (e.g. compliance of regulatory requirements, process for issuing financial guarantees and collaterals).
Qualifications
Bachelor’s degree or foreign equivalent in Engineering, Finance, Economics, or closely related field.
3 years of experience in similar a role within the Renewable Energy sector is preferred.
Used to working in an international environment and different geographies is a plus.
Domain Microsoft Office package, especially Microsoft Excel, Word and Power Point.
Interest and proficiency in database management, combined with knowledge of other programming tools (such as Python, R, SQL) or Power BI
Strong organization skills and ability to coordinate multiple tasks and deliverables
Ability to multi‑task while working independently and as part of a team
Motivated self‑starter, goal‑oriented, and strong problem‑solving abilities
Fluency in Spanish is a plus.
Compensation starting at $100K.
We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.
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Position Summary
Lead and own post‑trade operations, settlements, and reporting for an energy trading and renewable portfolio. This Manager ensures accurate valuation and settlement of physical and financial contracts, automates reconciliation and data flows, and delivers timely management reporting that supports trading, risk, and portfolio strategy.
Key Functions
Perform the activities related to settlements and follow‑up arising from (i) market operations (ii) from physical/financial contracts executed by Cobra, (iii) Renewable Energy Credits (RECs), (iv) short hedges, (v) tolling.
Develop and implement automated processes for settlements and data recording in databases, ensuring efficiency and accuracy in information management generated from the day‑to‑day settlement (DAM/RT/RECs/Balancing/PTP Options/Ancillary Services) to help taking decisions on the Renewable Energy Portfolio strategy performed by Middle Office.
Perform the required activities related to the reporting of the PPAs
Perform the required activities related to the issuance of Renewable Energy Credits (RECs) or monitoring the status and position of those.
Communicate settlement amounts arising from market operations to Accounting & Controlling departments.
Support on related energy management activities (e.g. compliance of regulatory requirements, process for issuing financial guarantees and collaterals).
Qualifications
Bachelor’s degree or foreign equivalent in Engineering, Finance, Economics, or closely related field.
3 years of experience in similar a role within the Renewable Energy sector is preferred.
Used to working in an international environment and different geographies is a plus.
Domain Microsoft Office package, especially Microsoft Excel, Word and Power Point.
Interest and proficiency in database management, combined with knowledge of other programming tools (such as Python, R, SQL) or Power BI
Strong organization skills and ability to coordinate multiple tasks and deliverables
Ability to multi‑task while working independently and as part of a team
Motivated self‑starter, goal‑oriented, and strong problem‑solving abilities
Fluency in Spanish is a plus.
Compensation starting at $100K.
We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.
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