Energy Settlement Analyst

Colorado Springs Utilities•Colorado Springs, CO

15d

About The Position

We are seeking an Analyst to join our Energy Settlements Group, which supports Colorado Springs Utilities energy trading operations. This position is responsible for timely and accurate completion of work that includes producing energy bills, processing invoices, creating journal entries and general ledger reconciliations, reporting, and audit support. In this position, you will leverage your research and analytical skills through reviewing, interpreting, and applying contractual requirements related to energy trading and settlements, electric and gas cost adjustment analysis, and other high-profile projects. You will be part of a team committed to enhancing the efficiency and value of our Energy Supply Portfolio while providing essential services to the community, all in an atmosphere that encourages your ideas and contributions.

Requirements

A bachelor’s degree in accounting, finance, or a closely related field is preferred
Knowledge and a strong understanding of accounting principles and concepts
Relevant and progressively responsible experience in accounting and/or settlements, or a relevant energy analytical or business research-oriented environment

Nice To Haves

Knowledge of the Southwest Power Pool Regional Transmission Organization (SPP RTO) is valued
Experience with energy trade capture software (e.g., Allegro, OATI, PCI) is valued
Knowledge of developments in regulations, laws, tariffs, business practices, and best practices applicable to energy trading is valued

Responsibilities

Completing financial month-end and year-end close activities and annual audit requirements, and creating monthly journal entries and general ledger reconciliations
Supporting trading and settlement decisions through data mining and fundamental analysis techniques
Analyzing and communicating information and reports to the Energy Traders and management for key decision making
Assessing errors and variances to reconcile commodity transaction discrepancies with counterparties and managing disputes
Validating settlement statements to include pre-settlements, operational and trading feedback, meter data submittals, shadow settlements, settlement disputes, invoicing, approvals, and month-end accounting close
Reviewing meter and measurement data for accuracy in collaboration with relevant working groups as related to settlement activities
Understanding system requirements and communicating trade capture software functionality in support of software reliability and consistency
Developing and implementing process improvements to increase efficiency and productivity
Assessing and testing energy trading, risk management, and settlement software systems

Benefits

Time Off to Recharge
Vacation – Start with 13 days annually, increasing to 24 days with tenure
Personal Leave –3 days per year
Paid Holidays –12 paid holidays per year
Sick Leave – 12 days per year for personal or family health needs
Vacation Buy – Option to purchase up to 40 additional hours annually
Health & Wellness – Benefits elected are effective the first of the following month
Medical Plans: Three comprehensive options, including a $0 premium High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) eligibility
Zero Health: Access to hundreds of medical services at no cost
Dental & Vision: Two dental plans and one vision plan
Family Building-Benefits: Support for fertility, preservation, adoption, and surrogacy
Wellness Program: A voluntary program that rewards you for prioritizing self-care! If you're enrolled in a our medical plan, you and your spouse can earn up to $600 in HRA or HSA contributions by completing healthy activities
Flexible Spending Accounts (FSA): Pre-tax contributions for healthcare and dependent care expenses
Health Savings Account (HSA): Available with HDHP
Financial & Retirement Security
Pension Plan: Colorado PERA provides retirement benefits and peace of mind
Supplemental Retirement Plans: PERAPlus 401(k), MissionSquare Roth IRA, and 457 plans
Disability Coverage: Short-Term and Long-Term Disability insurance available
Life Insurance: Employer-paid coverage with optional supplemental plans
Long-Term Care Insurance: Available for purchase to support extended care needs
Additional Support
Employee Assistance Program (EAP): Confidential support for mental health, stress, legal, financial, and work-life balance
Tuition Reimbursement: Up to $5,250 annually to support continued education
Public Service Loan Forgiveness: As a qualifying employer, your student loan payments may be eligible for loan forgiveness