Energy Settlements; Market Data Analyst II, Senior, Lead

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Be Part of Our Story.

• Do you enjoy working with large amounts of data?
• Do you have Accounting or Utility Market experience?
• Would you like to be a bridge between operations and the accounting/analyzing/reporting of that operational data?
• Would you like the opportunity to grow yourself in your current job and beyond?

If you answered "Yes" to any of these questions, read on. We want to know of your interest. If you apply, you are not just a number, you are a possible team member! Our culture is at the heart of our success, and we are looking for talented individuals for the position of Energy Settlements (Market Data) Analyst II, Senior or Lead to bring their skills and experience to the table while enriching our already strong culture.

This is a hybrid role, with on-site work required on Tuesdays, Wednesdays and Thursday at minimum.

• Account for wholesale energy purchases and sales made within an energy market.
• Investigate customer disputes over market data.
• Identify data irregularities that need to be addressed within a tight timeframe and work with Market Operator to resolve discrepancies.
• Create Ad Hoc reports for customers and internal departments.
• Identify process and procedure improvements to strengthen or improve data integrity and efficiency.
• Keep current and maintain an active role in market activities and regulations.
• Report results to regulatory agencies.
• Monetize and track transactions, and evaluate billing terms in contracts.

• BS/BA or Master’s degree and at least 3 years of related experience, or equivalent combination of education and experience.
• Accounting and Utility Market experience a plus.
• Curiosity and attention to detail.
• Strong Team Player.
• Excellent Communication Skills.

If this sounds like the opportunity for you, apply now!

Responsibilities of the Energy Settlements group include accounting for transmission and wholesale energy purchases and sales made bilaterally and within an energy market, overseeing the AP/AR function for these transactions, preparation of journal entries, account reconciliations and financial statement analysis associated with these activities, analysis of market performance daily, and reporting these transactions to regulatory agencies. Additional duties include monetizing and tracking of transactions, evaluating billing terms included in potential contracts and serving as the subject-matter expert for all settlements functions within the energy market.

The Energy Settlements department serves as a critical link between the operating areas within UNS Energy and the Finance and Accounting functions to translate operational data into meaningful financial data.

The following job levels build upon each other with scope and responsibility increasing with each level.

Requirements for all employees include:

• Maintains confidentiality for all matters regarding highly sensitive corporate and outside party information gathered and used in the normal performance of the settlements function.
• Understands and observes the Federal Energy Regulatory Commission’s Code of Conduct as it applies to the positions.
• These positions may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.

• Collects and analyzes market data for reporting.
• Identifies and suggests process improvement changes in the use of IT systems and work processes in the Energy Settlements group.
• Develops an understanding of the rules and regulations for ACC, FERC, DOE, SEC and Market Operator.
• Evaluates new rules and regulations affecting energy transactions and participates in their implementation.
• Oversees a small project or phase(s) of a larger project.
• Takes initiative to add to body of functional knowledge and demonstrate proficiency in subject matter.
• Ensures all payments made in timely manner; tracks outstanding receivables.
• Performs Accounting functions including journal entry preparation.

• Strong analytical skills. Has primary responsibility for complex research,…