Manager, Financial and Settlement Operations

Brief Description of Sunnova

Sunnova (NYSE: NOVA) is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses.

At Sunnova, we embrace diverse perspectives, vibrant creativity and forward-thinkers who share our zeal for a sustainable future. A career with us means pushing beyond traditional limits, exploring new horizons, collaborating with like-minded peers, and transforming the energy industry for the better.

If you're excited about being a part of the fastest-growing segment of the energy industry, we encourage you to apply!

THE MANAGER, FINANCIAL AND SETTLEMENT OPERATIONS POSITION

The Manager, Financial and Settlement Operations is an individual contributor reporting to the SVP Energy Services in Sunnova’s Sales and Marketing organization. The role’s scope will include operating as the departmental financial and volume-settlements lead for Energy Services’ P&L generating departments (Environmental Products and Grid Services) and functions (environmental commodities and incentives, grid services, grid power, and generation / VPP management).

The role will serve as Energy Services’ lead representative in financial operations (i.e. dollar denominated deliverables) with internal partners including Accounting, FP&A, AR/AP, Revenue Management, and Mid Office / Risk. The role will also serve as a key control operator in validating volumetric settlement values before they are sent to external partners as the basis for payment.

The role is in-office (Sunnova HQ) or hybrid (including Sunnova HQ). The role requires up to 10% travel for industry training, Sunnova employee meetings and team planning meetings.

MANAGER, FINANCIAL AND SETTLEMENT OPERATIONS RESPONSIBILITIES

•Month-End Financial Reporting Accuracy and Timeliness: Prepare, secure approval for, and deliver accurate month-end financial activity reports by gathering all required inputs from Energy Services business units, processing them into error-free data files, and ensure delivery on or before the specified deadline set by Sunnova’s Finance organization.

•Timely and Accurate Customer Payment File Delivery: All required customer payment inputs are consistently gathered from Energy Services business units, processed into error-free data files, and delivered on or before the specified deadline, with no delays or errors, fully aligning with Sunnova's customer payment business process.

•Accurate and Timely Volumetric Settlement Report Validation: All volume-denominated data files prepared by the Energy Services Generation Management / VPP team are consistently validated for accuracy, submitted error-free to third parties, and delivered on or before the required workday in full compliance with applicable settlement calendars, ensuring no discrepancies or delays.

•Proactive Validation of Monthly Performance Reports: All periodic deliverables from FP&A are thoroughly investigated and any anomalies are resolved prior to the monthly results review, ensuring that Energy Services’ performance reports are accurate, complete, and ready for presentation to the SVP without discrepancies

•Effective Partnership and Support Across Energy Services: Colleagues across Energy Services consistently provide positive feedback during performance reviews and throughout the year, recognizing this role for its independent motivation, commitment to enabling a high-functioning Energy Services, focus on quality, and drive for continuous improvement in financial and settlement operations, contributing to better outcomes across the Sunnova enterprise.

•Comprehensive Management of Reporting and Settlement Calendar: All financial and volume reporting obligations are accurately captured, processed, and maintained in a centrally accessible calendar, with each obligation diligently tracked and confirmed as met or proactively followed up until fully resolved, ensuring no missed deadlines or incomplete tasks.

MINIMUM REQUIREMENTS

•Minimum of Bachelor’s degree in Business, Accounting or Finance

•5+ years of relevant professional experience including 3+ years of financial and energy or environmental volumetric (e.g. barrels, BTUs, royalties, MWh, renewable energy credits) operations experience.

•3+ years in a role with exposure to public company reporting requirements

•2+ years of direct experience extracting data from Salesforce or other enterprise data stores

•2+ years of direct experience building reporting in BI tools (e.g. Excel, PowerBI, Tableau)

•Demonstrable, high proficiency in Excel financial functions

•Proven track record of successful collaboration in a cross-functional financial operations role that drives accurate and timely outcomes from others and partners in continuous process improvement

•Prior experience in managing the preparation, validation, and submission of financial or settlement reports, particularly in an energy or services-oriented business.

•Experience in streamlining processes and implementing systems/tools to automate and improve financial settlements and reporting workflows is essential.

•Experience working in a regulated industry (e.g., energy, utilities, financial services) is essential to navigate the complexities of compliance and ensure timely execution.

•Legally authorized to work in the US for ANY employer.

BENEFITS

Sunnova offers a generous employee reward package that includes:

•Comprehensive benefits, including medical, dental, vision, life insurance, healthcare flexible spending account, and 401(k) with employer match.

•Competitive compensation & annual bonus

•Paid time off, including 11 holidays and Paid Parental Leave

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

We appreciate the capabilities of artificial intelligence (AI), and we are looking to hire real people. If you use AI for any part of the job application process, we highly encourage that you review any AI generated content to ensure your personality and unique capabilities are highlighted. We reserve the right to disqualify candidates that we reasonably believe solely relied on AI generated content in the application process.

If you are selected for a position, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test (and medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process.