Energy Settlement Analyst I or II

Salary Grade: G09

Minimum Midpoint Maximum: $53,540- $70,940- $88,340

Personnel in this job title may be covered by NERC CIP cyber security standards. If the position is covered, prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a Personnel Risk Assessment, which includes identity verification and a criminal background check. Prior to being granted unescorted access to cyber secure areas, the candidate must attend cyber security training.

Annual cyber security training is also required.

Energy Analysis and Settlements is part of the Wholesale Power and Transmission Accounting organization under the Corporate Controller. Energy Settlement Analysts are responsible for the confirmation, reconciliation, and settlements (including invoicing) of energy transactions related to wholesale bi-lateral power settlements, natural gas and related transportation settlements, transmission sales and purchases, CAISO MRTU market settlements, and CAISO EIM market settlements. A Settlement Analyst is responsible for timely and accurate completion of work that includes invoicing, AP/AR, GL inputs, reporting, and audits.

• Performs daily, weekly, and monthly checkout of transactions related to power bi-lateral, natural gas, and/or CAISO MRTU
• Prepares gas purchase and pipeline reconciliation and settlements
• Prepares Power settlements checkout
• Prepares CAISO MRTU settlements
• Prepares weekly settlements to accurately reflect for Accounts Receivable, Accounts Payable and General Ledger entries
• Responsible for month end General Ledger estimates and eventual actuals as CAISO settles the previous month
• Dispute resolution of deal discrepancies
• Performs other energy accounting reconciliation and reporting as assigned
• Performs regulatory reporting as required
• Maintains standardized counter party checkout documentation files with the information to satisfy audit requirements
• Responds to inquiries from both internal and external auditors during their audit engagements

• Familiarity with the competitive wholesale electricity marketplace, knowledge of CAISO settlements, including business practices, transaction types, and systems is desired.
• Familiarity with the interconnected bulk power generation and transmission system, including delivery points and paths as well as
• Understands basic terminology related to the discipline.
• Working knowledge of scheduling systems, settlement systems, and financial systems is desired
• Working knowledge of the language, terms, and conditions of contracts entered into for the purchase or sale of power.
• Excellent analytical skills to properly assess errors and variances to reconcile data and make reasonable decisions to complete settlements.
• Strong negotiating skills and the ability to make quick and reasonable decisions.
• Advanced interpersonal skills to build and maintain positive business relationships.

Minimum Education and/or

Experience:

Bachelor's degree from four-year college or university with one to three years related experience, or equivalent combination of education and/or experience related to the discipline.

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively communicate in both writing and verbal

• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, and other business-related calculations.
• Ability to apply concepts of basic algebra and geometry.

• Strong skills in MS Excel spreadsheet software and MS Word processing software.
• Working knowledge of energy scheduling systems, settlement systems and basic accounting systems is desired.

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret technical instructions in mathematical or diagram form.

• While performing the duties of this job, the employee is…