Analyst Settlements

Date: July 9, 2026

Location: Mississauga, ON – Hybrid

Requisition ID: 21152

Status: Regular

Business Unit: Markets and Reliability

Grade/Band: MP2

Shift Work:

Annual Pay Range: For standard 35-hour work week

Step 1: $97,708 to Step 10: $139,568

The successful candidate will be placed at the appropriate step within the salary grade/band, based on relevant years of experience and other applicable considerations.

Why join us?

The IESO is committed to ensuring Ontario’s electricity system meets the province’s needs today and into the future. We are charged with purpose, delivering reliable, affordable, and sustainable electricity for homes, businesses, and communities across the province. We are energized to grow, embracing opportunities to shape the future of a dynamic and evolving energy sector while advancing our careers. We are powered by teamwork, supported by diverse and passionate colleagues who foster respect, celebrate successes, and thrive on shared achievements. At the IESO, it’s not just what we do—it’s who we are! 

Who we are

Our central role includes managing the provincial power grid in real-time, overseeing and evolving Ontario’s electricity market, engaging with government, municipalities and Indigenous communities, and planning for Ontario’s future electricity needs. Our employees play a key role in driving grid innovation, protecting the system from threats, advancing the province’s energy conservation programs, and forecasting and procuring the electricity resources we’ll need in the decades to come. 
This is a unionized position that falls within the Markets Settlements Division in the Markets and Reliability Business Unit.

What makes this role exciting

The energy sector is rapidly evolving, offering exciting new opportunities for those who want to make a difference.

In this role the successful candidate will participate in helping evolve the systems and processes that support Ontario's $26B+ electricity market to ensure timely and accurate settlement and help drive better reliability.

What you’ll do

In this role, you’ll make a meaningful impact by contributing to the IESO team and supporting the electricity needs of the province through:

• Assist in the development and maintenance of appropriate processes, systems and procedures to support metering, meter registration, meter data management, and/or settlement activities for the IESO-administered market.  
• Assist in reviewing the effectiveness of existing processes and contribute to the development and implementation of effectiveness and efficiency improvements, as necessary.
• Provide technical and analytical support to both internal and external customers.  Investigate customer inquiries or complaints, or provide support to settlement staff investigating such inquiries or complaints.
• Provide support and assistance in one or more of the following areas: 
  • Developing and maintaining the functional specifications for metering installations including site documentation and totalization tables, on-site communication equipment and systems, meter data collection system interfaces and meter data management processes and requirements.
  • Tracking and processing document submissions in support of meter registration activities.  Analyze and review metering installation proposals, measurement and verification (M&V) plans, commissioning reports and post-installation audit reports to confirm compliance with market rules.  Identify non-compliances and communicate these concerns to metering staff, as necessary.  
  • Maintaining records, work methods, policies and procedures relating to the market rules and legislation.  This includes development and maintenance of market manuals, internal settlement guidelines, system documentation, training packages and tracking tools as related to metering, meter registration, meter data management and/or settlement activities.  
  • Producing user requirements for associated application software, the performance of acceptance testing and  the identification of business requirements for hardware.  Implement appropriate settlements processes/adjustments applied when data is missing/incorrect, contractual requirements are not met, and/or “ad hoc” situations, at the direction of senior Settlement staff.
  • Preparing and analyzing data and information including estimation of meter data, settlement adjustments for notice of disagreements (NODs) and disputes for application to settlement statements, for use in settlement decision-making, to meet corporate financial reporting requirements and as negotiated with other business units or customers.
• Perform other duties as required.

In a typical day, you will be involved in supporting the administration and integrity of market metering, meter registration, meter data management, and settlement processes within the IESO-administered electricity market. The individual reviews and analyzes metering-related submissions, such as installation proposals, commissioning reports, and measurement and verification plans, to ensure compliance with market rules and identify any issues requiring follow-up. They provide technical and analytical support to internal teams and external customers by investigating inquiries, resolving data discrepancies, and assisting with settlement adjustments when required. The role also includes maintaining documentation, procedures, training materials, and system requirements, as well as participating in process improvement initiatives, software testing, and data analysis to enhance operational efficiency and support accurate market settlements.

Role Requirements

Our team consists of experts from diverse backgrounds, each bringing their unique perspectives and skills. 
To succeed in this role, you’ll need: 

• Requires knowledge of electrical theory, power system analysis and control, mathematics and computer sciences to carry out engineering, economic or analytical studies related to the application and performance of metering installations, meter data management and settlement activities.  Requires good written and oral communication skills in order to prepare effective reports, process description/user guides, system documentation and to deal effectively with internal and external contacts involved in accomplishing work objectives. 
• This knowledge is considered to be normally acquired either through the successful completion of 4 years University education, or by having the equivalent. 
• Requires exposure to system and market operations and an understanding of applicable market rules, legislation and practices related to metering, meter data management and settlement activities. 
• Requires a good understanding of the electrical utility industry and experience in meter data management and metering systems including applicable regulatory requirements, equipment characteristics, installation and field practices, maintenance practices and loss adjustment methodologies.   
• Requires experience to become familiar with the nature of studies and investigations carried out by the different sections and groups of the organization. Requires experience to become familiar with statistical and database software, desktop software applications, various PC-based query and calculation tools and computer system interfaces.  Requires further on-the-job experience to become familiar with methods and practices associated with the work functions. Requires experience in providing advice to others including good customer service skills.

How We Support You

From a comprehensive total rewards program to dynamic learning and development opportunities—including job rotations to broaden your expertise—we empower you to define and shape your own success. When you join the IESO, here’s what you can expect:

• Best-in-class benefits and long-term support in the form of a defined benefit pension plan. 
• Work in a dynamic and evolving sector that offers exciting opportunities and the chance to explore new career paths.
• Leadership that values meaningful discussions, welcomes feedback, and prioritizes career development. 
• A strong, inclusive culture and a collaborative team environment with a shared passion for impactful work.
• Compensation packages that are regularly reviewed to remain competitive and to best accommodate the diverse needs of our employees. 

Deadline

July 23, 2026. For future reference, please save a copy of the job posting as it will no longer be available once the posting closes.

Thank you for your interest in a career at the IESO. Only candidates selected for an interview will be contacted. Please note that the successful candidate must be legally eligible to work in Canada and will be subject to applicable background checks. 

IESO will not conduct interviews or offer positions via online, text, chat or social media platforms. We will not gather personal information directly from candidates or potential candidates. Selected candidates will work with our Talent Acquisition team to ensure their application is processed.

The IESO currently has a 3-day in-office work week for applicable roles. Over the course of 2026, the IESO will advance plans to acquire additional office space to accommodate more in-office time. While the timeline for moving to a full 5-day in-office model has not yet been established, we are committed to keeping employees and candidates informed as plans progress and give them as much advance notice as possible to prepare for any changes. 

We believe in opportunities for everyone. 

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing, and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment—one that values every team member’s unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know. We’re proud to say we’ve been recognized as a supportive, inclusive employer. 

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