Settlements Analyst

Company: TransAlta

Job Type: Full time - Salaried

Work Arrangement: Hybrid

Location: Calgary, AB, CA

WHO WE ARE Our Power, Your Possibilities

At

TransAlta , we don’t just generate electricity—we generate opportunity. As one of Canada’s largest publicly traded power generators, we’ve been powering communities for over 100 years across Canada, the U.S., and Australia. Our diverse energy portfolio and passionate team are driving the transition to a cleaner, more sustainable future.

We believe in the power of purpose, the strength of collaboration, and the value of continuous learning. If you’re ready to make a real impact in a dynamic industry,

you bring the energy— we’ll provide the platform .

ABOUT THE ROLE TransAlta is currently looking to hire a

Settlements Analyst , reporting directly to the Supervisor – Settlements. This role's main accountabilities are invoicing, remittance and payments for our Energy Trading & Marketing (ETM). We are looking for someone who is eager and ready to learn about our business and processes.

This is a terrific opportunity for someone who adapts readily to changing priorities, business conditions, has a passion for efficient production of accurate financial statements and strives for continuous learning, as the role grows and adapts to today’s technology‑centric environment. This position offers advancement opportunities to grow within the broader shared accounting services team.

This position is based out of our

Downtown Calgary Head Office , with the flexibility of a

hybrid work schedule .

A DAY IN THE LIFE

Ensure all settled trading activity and settled Counterparties /Pool related activity is invoiced/paid by specified deadlines – scope of work for ETM includes TransAlta’s Power Pools

Ensure all cash is cleared and reconciled by counterparty for the Accounts Receivable aging and Accounts Payable reporting

Work with credit, cash management, accounting, and AP groups to ensure payments are made in a timely manner

Monitor receivable to ensure payments are received and are properly allocated while following up with customers on outstanding balances

Accountable for month‑end duties

Prepare monthly General Ledger account analysis and reconciliations to ensure accurate and complete capture of financial results for reporting and analysis purposes

Complete monthly reconciliations for FCM options to Allegro and outstanding balances for items not posted in cash management

Perform variance analysis and reconcile accounts

Accountable for SAP troubleshooting including but not limited to testing for system upgrades/patches and solutioning system issues within and between SAP with Allegro, AP, and Settlement pool reconciliation tools for the Assets

Update and maintain a payment calendar to ensure that cash can be properly forecasted and managed

Assist accountants with variance analysis and explanation of financial result as required

Apply knowledge of Sarbanes Oxley controls, compliance procedures, regulatory impacts and internal policies and escalate business or system risks to leadership as required

Work independently and as a team player, providing backup, support and take on additional responsibilities to contribute to the overall success of the Energy Marketing Finance department

Effectively understand and solve complex issues in a timely manner

ABOUT YOU

Minimum of 2+ years’ of experience in a Corporate Finance environment

Experience in Energy Marketing, commodities trading, or power industry is desirable

Bachelor Degree/Diploma in Finance, Commerce, Accounting, or business‑related field

Strong system skills including proficiency with Microsoft Excel and SAP

Well organized and excellent time management skills with the ability to multi‑task and handle multiple deadlines and changing priorities is essential

Relationship management skills, establishing and maintaining cross‑functional collaborative relationships

Solid communication skills to appeal to broad audiences—managerial, direct reports, cross‑functional relationships

THE PERKS

Annual and long‑term incentives available for select roles

Company‑matching pension plan

Flexible health benefits for you and your family

At TransAlta, we’re driven by a Culture of Results, Learning, and Purpose. We prioritize psychological safety, wellbeing, inclusion, and belonging—creating a space where everyone can thrive. We believe that diverse perspectives drive innovation and progress, and we’re committed to building a workplace where you can be your authentic self.

Ready to Power Up With Us? Excited about this role but don’t meet every single requirement? We still encourage you to apply. Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. You might just be the candidate we are looking for.

WHAT TO EXPECT The successful candidate may be required to complete background checks appropriate to the role and may include criminal record, education and employment verification or credit checks. ‘Safety sensitive positions’ will be required to complete pre‑employment testing.

Due to the high volume of applications we receive, only those progressing will be contacted.

Applications close end of day Sunday, March 8th

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