Energy Settlement Analyst II

This position is posted until filled.

Department: EIM Performance Analyst Group

Energy Settlement Analyst II

Salary Grade: G08
Minimum Midpoint Maximum
$64,087- $84,916- $105,744

SUMMARY:

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 settlement (including invoicing) of energy transactions related to wholesale bi-lateral power settlements, natural gas and related transportation settlements, transmission sales and purchases, California Independent System Operator (
¿ CAISO¿) MRTU market settlements, and CAISO Energy Imbalance Market (
¿ EIM¿) market settlements. A Settlement Analyst is responsible for timely and accurate completion of work that includes invoicing, accounts receivable (
¿ AR¿) and accounts payable (
¿ AP¿) processing, general ledger (
¿ GL¿) input, reporting, and audit support. The extent of job responsibilities is not limited to the previously mentioned.

• Responsible for supporting daily/weekly/monthly transmission sales, purchase settlements, and the EIM market settlements for the EESC/PRSC
• Responsible for gas purchase and pipeline settlements, power bi-lateral settlements, and CAISO MRTU settlements
• Prepares and sends invoices for Point-to-Point (PTP) and Network Transmission sales
• Performs transmission purchase reconciliation and settlement including payment through the Accounts Payable process
• Manages the Network Transmission peak calculation
• PTP database and system management
• Performs EIM daily settlements of 5min, 15min, and hourly market data
• Reconciles, confirms, and performs analytics of PRSC market data
• Prepares EIM prior period adjustments (
  ¿ PPA¿)
• Prepares EIM charge allocations for PRSC
• Responsible for recognition of disputable market settlement variances and ability to resolve CAISO disputes
• Processes CAISO invoices timely to ensure weekly settlement deadlines are met
• Prepare 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
• Provide system support, working closely with IT and vendors to manage system upgrades, patches, and testing
• Responds to inquiries from both internal and external auditors during their audit engagements

• Self-motivated and possessing strong problem-solving skills and the ability to prioritize tasks
• An ability to follow procedures and demonstrate personal accountability and ownership of the role
• Understanding of the CASIO EIM marketplace, including business practices, charge codes and systems
• Understanding of the interconnected bulk power generation and transmission system, including delivery points and paths
• Understand terminology related to CAISO EIM market and PNM transmission settlements
• Ability to interpret both the language and terms and conditions of OATT contracts and CAISO EIM market documents
• Excellent analytical skills to properly assess errors and variances to reconcile data to complete settlements and provide reports assessing market outcomes
• Strong negotiating skills and the ability to make quick and reasonable decisions
• Advanced interpersonal skills to build and maintain positive business relationships

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

• Ability to read, analyze, and interpret general business periodicals,…