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Energy Accounting & Settlements Analyst II / Senior | Transmission

APS (Arizona Public Service)

Overview Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together. Summary Energy Accounting & Settlements Analyst II / Senior | Transmission As a Energy Accounting & Settlements Analyst II / Senior | Transmission , you’ll help ensure the accuracy, integrity, and financial accountability of the systems that support APS’s energy operations. By analyzing complex energy and financial data, reconciling transactions, and providing critical reporting and operational insights, you’ll help support sound business decisions and the reliable delivery of electricity to customers across Arizona. Your expertise will contribute to operational efficiency, financial accuracy, and the successful execution of APS’s energy and trading activities. What Your Day Would Be Like Analyze complex energy, operational, and financial data to ensure accurate reporting, reconciliation, and business performance. Monitor and reconcile energy transactions, billing, settlements, and financial records to support reliable business operations. Research discrepancies, identify root causes, and collaborate with internal partners to resolve issues and improve processes. Prepare reports and provide insights that help leaders make informed operational and financial decisions. Serve as a technical resource by sharing expertise, interpreting contracts and financial information, and supporting the development of team members. Who We’re Looking For Experience analyzing complex operational, financial, or energy-related data with strong attention to detail. Knowledge of financial reporting, reconciliations, billing, settlements, or accounting principles. Strong analytical and problem-solving skills with the ability to identify trends and resolve complex issues. Ability to communicate technical information clearly and collaborate effectively across business teams. Experience within the energy, utilities, trading, or financial operations environment is preferred. Minimum Requirements Energy Accounting & Settlements Analyst II | Transmission BS degree in Business, Accounting or Finance PLUS two (2) years’ related experience in financial analysis/reporting or data analytics OR advanced degree in applied data analytics, data science or statistics and prior practical related work experience. Thorough knowledge of Microsoft Excel, Access, PowerPoint and Word. Energy Accounting & Settlements Analyst, Senior | Transmission BS degree in Business, Accounting or Finance PLUS three (3) years experience in accounting reconciliation, energy billing, or financial reporting; or an equivalent combination of education and experience. Knowledge of the applied use of energy accounting processes, related auditing techniques, and Generally Accepted Accounting Principles. Some positions may require experience working with the administration of energy contracts and the development, implementation and maintenance of financial reports and spreadsheets. A thorough knowledge of Microsoft Excel, Access, PowerPoint and Word. Some positions may require a general understanding of commodity trading, Risk Management, and options valuation as it relates to energy markets, resource generation and transmission system concepts. Major Accountabilities Coordinate and integrate financial information flow, analyze, prepare and ensure timely reporting of department financial statements, management reports and studies; analyze trading and system transactions for accuracy, reconcile monthly margin statements with general ledger, off-system margin reports and power trading statements to ensure proper recording; prepare trading detail from system books, identify hedge transactions and perform hedge effectiveness calculations; review and recommend process and workflow improvements; identify system issues and implement accounting guidelines; coordinate with Information Services to ensure accurate reporting; develop and produce ad hoc reports and financial studies; review regulatory rules, pronouncements, contracts and operating agreements; provide financial and operating results to Accounting, Tax and Forecast departments. Confirm daily futures transactions with clearing broker and reconcile futures positions; calculate daily interests on margin calls, monthly index prices and determine maintenance margin requirements; track confirmations on risk management system; research and resolve exceptions with trading/marketing and counter-party personnel; process invoices for commodity purchases; verify accounting records and payables; follow up on past due payments and bring outstanding accounts to management’s attention; prepare reports on system and trading activity; verify broker commissions and submit payment requests; maintain margin and activity reports. Verify energy flow across transmission and control areas by comparing interchange schedules and system load data; prepare and distribute statistical information on energy usage, peak demand and metering data; compile and analyze meter reads to verify energy and fuel usage; provide data on energy generation and use, peak demand and metering data to relevant departments; conduct research to verify meter data accuracy and resolve discrepancies; may serve as point of contact for WSCC interchange scheduling and data transfer; ensure IDR data quality and prepare customer meter data as needed; may interpret contracts and reporting requirements. Major Accountabilities (continued) Ensure accurate and timely invoicing of direct access and non-commodity customers by analyzing meter data, applying rate schedules and contract parameters; verify deviations and imbalance calculations; ensure billing programs reflect contract provisions; interface with customers or transmission personnel to resolve inquiries and disputes; perform cash management and payables processing; analyze vendor invoices for accuracy and authorize payments. Serve as a technical resource to department analysts on resolving reconciliation problems, interpreting contracts and GAAP, and training others. Develop solutions for difficult problems with generally defined practices; interpret contract provisions, reconcile invoices, resolve disputes with counter-parties and ensure policy compliance. Coordinate maintenance and enhancement of database systems used to bill customers, track agreements/contracts, forecasts and data reporting. Export Compliance / EEO Statement This position may require access to information subject to U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. Pinnacle West maintains a policy of nondiscrimination in employment and complies with applicable laws. For more information, refer to the EEO poster and FMLA rights. The company may require drug and alcohol testing where permitted by law. Hybrid Hybrid: Employees in hybrid roles work both remotely and on-site. In order to build strong relationships and promote in-person interactions, hybrid employees are expected to work about 40% of their time in-person at an APS or other location. Employees are expected to reside in Arizona (or New Mexico for Four Corners-based employees). Working from a home office requires adequate technology and an appropriate ergonomic setup. Role types are subject to change based on business need. #J-18808-Ljbffr APS (Arizona Public Service)

Vacancy posted more than 2 months ago

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