Energy Settlements Analyst II, Senior, Lead

We are looking for talented individuals who are passionate about making an impact in the company and the community. Apply now and become part of the dynamic energy industry!Do you enjoy working with complex financial and operational data?Do you have accounting experience and an interest in the utility industry?Would you like to serve as a key bridge between operations, and accounting/financial reporting?Are you looking for a role that offers meaningful growth, exposure, and impact?If you answered “yes” to any of these questions, read on — we want to hear from you.When you apply, you are not just a number; you are a potential team member. Our culture is at the heart of our success, and we are looking for talented individuals to join our team as an Energy Settlements Analyst supporting Wholesale Energy Sales and Purchases . This role offers the opportunity to deepen your accounting and utility knowledge while working closely with both operational and corporate accounting teams. This is a hybrid role, with on-site work required Tuesdays, Wednesdays, and Thursdays at minimum.What You Will DoIn this role, you will support the accurate accounting, settlement, and reporting of wholesale energy transactions, ensuring alignment between operations activity, financial records, and regulatory requirements.Key responsibilities include:Account for wholesale energy purchases and sales, including validation of volumes, and pricing.Prepare and analyze journal entries related to wholesale energy transactions and ensure accurate posting to the General Ledger.Participate in the financial month‑end close process, ensuring timely and accurate recording of wholesale energy transactions and supporting schedules in accordance with accounting and reporting deadlines.Identify data irregularities and coordinate timely resolution to meet financial month end close and reporting deadlines.Perform financial statement analysis and reconcile settlement activity to accounting records.Support Federal Energy Regulatory Commission (FERC) reporting, including preparation, and validation of applicable FERC pages and supporting schedules.Utilize Oracle Business Intelligence Enterprise Edition (OBIEE) and other reporting tools to analyze transaction data, research variances, and support internal and external reporting.Support energy trading system to General Ledger integrations, including data exports/imports and reconciliation of system outputs.Collaborate closely with:Wholesale Power Marketing team and other operational teams as needed.Corporate Accounting, Plant Accounting, and External Reporting teams.Prepare ad hoc and recurring reports for internal management, auditors, and regulatory agencies.Evaluate and apply contract terms related to billing, settlement, and revenue recognition.Identify and recommend process improvements to strengthen controls, data integrity, and efficiency.Maintain an active awareness of utility activities, accounting guidance, and regulatory requirements impacting wholesale energy transactions.What You BringBachelor’s degree (BS/BA) or Master’s degree in Accounting, Finance, Business, or a related field, plus at least 3 years of related experience, or an equivalent combination of education and experience.Accounting experience required, and experience in utility or wholesale energy markets strongly preferred.Understanding of or exposure to:Journal entry preparation and account reconciliationsFinancial statements and regulatory reportingWholesale energy settlements or market operationsExperience with financial systems, reporting tools, or utility energy platforms.Strong analytical skills with a high level of attention to detail.Curiosity and desire to understand how operational data flows through to accounting and reporting.Strong communication and collaboration skills, with the ability to work across functions.A proven team-oriented mindset and accountability for results.If this sounds like the opportunity for you, apply now — we look forward to learning more about you!Position DescriptionResponsibilities 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.Position-Related ResponsibilitiesThe 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.Energy Settlement Analyst II: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.Senior Energy Settlement Analyst:Strong analytical skills. Has primary responsibility for complex research, analysis, and compliance.Ability to research, draw conclusions and make recommendations.Curiosity and desire to understand a process and how it relates to other processes.Readily communicates the status of specific projects, programs, or on-going work; exhibits judgment to elevate at the right time.Performs complex and varied accounting functions including preparation and/or review of journal entries, GAAP research, preparation or review of financial data used by other departments, and analysis of financial results associated with Energy Settlements activities.Possesses a thorough understanding of the rules and regulations for ACC, FERC, DOE, SEC and Market Operators.Prepares or reviews financial and operational reports required by the FERC, DOE, ACC, or other regulatory agencies.Provides research and analysis related to the feasibility and cost/benefit of different contracts and strategies in support of Pricing and Retail Marketing issues.Interacts with departments throughout the organization on billing and accounting issues and reporting related to market transactions.Assists with implementation of improvements or modifications to Energy Settlements systems and procedures.Oversees multiple projects, some ongoing, and can deliver projects to successful completion with minimal guidance.Understands business drivers and can deliver solutions which accurately and effectively meet business needs.Identifies and communicates barriers to timely and successful completion of work assigned and suggests possible solutions.Identifies process improvements and recommends practices which improve effectiveness.Takes ownership of data and can identify, draft, and implement validation methodology to ensure that data is accurate on a global basis.Coordinates and expedites resolution to problems which occur with respect to a wide variety of matters necessary for the professional, effective, and economical completion of the job.Has a high degree of breadth and depth of functional knowledge.Consistently delivers work without errors.Is self-directed and needs minimal supervision.Exhibits leadership qualities.Ensures market sub-allocations are correctly billed to customers.Collects, analyzes and interprets market data to create reports.Files and tracks billing disputes with customers and market portals.Lead Energy Settlements Analyst:Top-level individual contributor considered a subject matter expert.Demonstrates a thorough understanding of the rules and regulations for ACC, FERC, DOE, SEC, and Market Operators and the rate making requirements for the ACC and FERC.Participates with internal and external legal counsel and consultants to interpret contract provisions and pricing, including modeling billing options.Leads several complex projects at the same time, assists others on complex projects and independently delivers projects to successful completion.Applies extensive knowledge of concepts, practices, and procedures to handle complex tasks and provides guidance to others.Participates in the development or revision of internal control procedures.Demonstrates a creative approach to problem solving in a dynamic environment.Responsible for review and sign-off of work of other analysts and completed projects.Understands the end result and can work backwards to identify and implement needed processes to achieve desired results.Ensures that resources are available and channeled to produce the planned deliverables on time, including assignments of team members based on priorities and project requirements.Readily communicates the status of specific projects, programs, or on-going work.Acts as source for training for other analysts.Works with Metering Department to resolve issues with meter data.Acts as point person for day-to-day activity in energy markets by interacting with other departments and monitoring new standards and procedures.Manages market sub-allocation process.Uses data from energy market reports to suggest and implement changes to maximize potential of the market.Collaborates with and provides analysis and reporting to leadership.In addition, Lead Analyst with supervisory responsibilities is also required to:Ensure that the Company’s management principles, policies, and programs are consistently practiced and continually support the Affirmative Action Plan.Ensure that the Performance Management program is administered uniformly and effectively.Support and guide analysts in their development.Assist with ensuring workload in department is appropriately assigned.Knowledge, Skills & AbilitiesBroad-based business acumen with strong project management, research, and reporting skills.Strong analytical ability to gather and summarize data for reports, find solutions to various administrative problems, and prioritize work.Demonstrated ability to communicate effectively; verbally and in writing, with the ability to choose the best medium for the situation.Demonstrated ability to work independently, as well as in a team environment.A high degree of interpersonal skills to maintain positive relations with other areas of the company and work with those groups to resolve issues.Exhibit discretion when dealing with confidential and sensitive information.Demonstrated fluency with spreadsheets (Excel) and word processing (Word).Ability to become proficient with multiple IT systems used for billing and in other computer software applications.Ability to manipulate and analyze large data sets and create recommendations from the analysisDemonstrated ability to identify issues by looking at settlement data and solve complex problems in the electric utility industry(Equivalent combination of education and experience will be considered.)Level IIMinimum Qualifications:Requires BS/BA or Master’s degree and 3 years related experience, or equivalent combination of education and experience.Preferred Qualifications:Market experience is highly desirableSeniorMinimum Qualifications:Requires BS/BA or Master’s degree and 5 years related experience, or equivalent combination of education and experience.Preferred Qualifications:Public accounting experience is highly desirable.LeadMinimum Qualifications:Requires BS/BA or Master’s degree and 9 years related experience, or equivalent combination of education and experience.Preferred Qualifications:Public accounting experience is highly desirable. #J-18808-Ljbffr UNS Energy Corporation