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Financial Analyst - Settlements & Energy Analysis

Job in Central, East Baton Rouge Parish, Louisiana, USA
Listing for: City Utilities of Springfield
Full Time position
Listed on 2026-06-17
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Manager, Financial Consultant
Salary/Wage Range or Industry Benchmark: 1618 - 2023 USD Weekly USD 1618.00 2023.00 WEEK
Job Description & How to Apply Below
Location: Central

Connect to a career at City Utilities! CU has been connecting our community to the services they need for everyday life since 1945. From electricity to power our lives, clean water to be healthy, natural gas to stay warm, internet to keep businesses connected, to transit services to get them where they need to go.

Pay Details:
Salary Grade 58 Minimum: $1,618.87/week Midpoint: $2,023.60.

Work Schedule:

Monday
- Friday, 8:00 a.m.

- 5:00 p.m.

Job Description

Under the direction of the Manager‑Settlements & Energy Analysis, performs financial, operational, and regulatory analysis related to wholesale electric market activities, purchased power transactions, and transmission expenses. Collects, analyzes, reconciles, and verifies market settlement and accounting data from the Southwest Power Pool (SPP), The Energy Authority (TEA), and City Utilities systems. Performs settlement analysis, financial reporting, forecasting support, and variance analysis associated with electric market operations and power supply activities, including participation in the forecasting of purchased power prices, off‑systems sales, and volumes, in collaboration with TEA.

Interprets applicable market rules, accounting guidance, regulatory requirements, and reporting standards, including FERC, GAAP, and related protocols. Provides analysis and reporting to support management decision-making, risk oversight, compliance, budgeting, and financial planning activities. Participates in system implementations, process improvements, and cross‑functional coordination related to energy accounting and settlements operations.

ESSENTIAL JOB FUNCTIONS
  • Performs and supports daily and monthly energy market settlement analysis, including shadow settlements, pre‑settlements, and reconciliation of SPP market transactions using the Energy Accounting System (EAS). Applies established methodologies to validate billing determinants, identify variances, and ensure accuracy of settlement results. Supports timely reporting of settlement outcomes and related financial impacts.
  • Validates SPP daily, weekly, and monthly settlement statements by identifying, researching, and resolving discrepancies between market data, TEA reports, and City Utilities records. Coordinates dispute resolution activities, including documentation, tracking, and communication of settlement issues through resolution in accordance with SPP market protocols.
  • Analyzes settlement variances, market results, and operational drivers to determine root causes and financial impact. Monitors SPP charge types and develops insight into trends, anomalies, and performance drivers. Communicates findings to Power Marketing, Finance, and other stakeholders to support decision‑making, forecasting assumptions, and operational adjustments.
  • Partners with Power Marketing, Power Traders, and Finance teams to evaluate deviations from expected settlement outcomes, contract performance, and market conditions. Provides analytical support to identify causes of variances and recommend corrective actions or process improvements related to market participation, bidding strategies, and settlement accuracy.
  • Develops and maintains short‑term and long‑term forecasts of wholesale energy market sales and purchase positions, including expected settlement outcomes, market prices, and transaction volumes. Supports financial planning and analysis processes by providing forecast inputs, assumptions, and variance explanations related to market activity. Monitors actual versus forecasted results and identifies key drivers impacting deviations.
  • Assists with economic feasibility and financial impact analysis of new developments and capital projects, including post‑approval performance review. Supports development of forecasting and financial modeling frameworks and provides analysis to inform long‑term planning and decision‑making.
  • Monitors daily generating unit compliance with SPP instructions, logging real‑time unit trips, derates, and Reliability Unit Commitment (RUC) requirements to verify make‑whole payments, SPP eligibility flags, and regulation credits.
  • Assists in the review and verification of the next day, current, and future…
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