ERCOT Settlement Specialist/ Sr. ERCOT Settlement Specialist

City of Garland•Garland, TX

5d•Onsite

About The Position

The successful candidate will be hired as an ERCOT Settlement Specialist or Senior ERCOT Settlement Specialist, depending on the selected candidate’s qualifications and experience. ERCOT Settlement Specialist Job Description Summary Responsible for analyzing general ERCOT electric power market settlement issues including data collection/validation, billing, disputes and power mismatches. Sr. ERCOT Settlement Specialist Job Description Summary Responsible for leading the administration of all ERCOT electric power market Settlement issues including data collection/validation, billing, disputes and power mismatches.

Requirements

Bachelor’s degree
2 years related experience
Considerable knowledge of Microsoft Excel
Or an equivalent combination of education and experience sufficient to successfully perform the essential functions of the job.
5 years related experience
Extensive knowledge of Microsoft Excel
Or an equivalent combination of education and experience sufficient to successfully perform the essential functions of the job.

Nice To Haves

Bachelor’s degree in Business, Accounting, Finance or related area of study
2-4 years electrical industry experience
General knowledge of electric market and accounting/finance principles
Proficient knowledge and understanding of ERCOT data collection requirements
Establish & maintain effective working relationships
Ability to effectively and professionally communicate, both in writing and verbally
Ability to work independently
Strong analytical and problem-solving skills, and must be attentive to details
Ability to analyze complex mathematical equations and understand associated terminology
Ability to implement contractual terminology into mathematical expressions
Ability to grasp and apply new concepts
Bachelor’s degree in Business, Accounting, Finance, Engineering or related area of study
5-7 years electric industry experience
Experience using PCI (Power Cost Incorporated) software.
GenManager ERCOT and Power ETRM.
Experience using MV-90 software
Extensive knowledge of electric market and accounting/finance principles terminology
Considerable knowledge of the Microsoft Office Software
Proficient skill to work in a team environment as a positive influence

Responsibilities

Gather, analyze and validate all load, generation, purchased power, ancillary service and financial data.
Ensure that ERCOT power market settlement data and documents are correct, accurate, timely, and are applied as per market protocols.
Prepare reports on an ad hoc basis, daily, weekly, monthly, yearly, etc. as needed.
Analyze, prepare and deliver ERCOT power market invoices for review, payment, and receipt of market transactions.
Prepare and review Wholesale Customer bills.
Prepare TCOS billing and/or process TCOS invoices for payment
Determine if power market settlement issues need to be disputed with ERCOT.
Analyze, monitor and compile all EPS Meter data for the QSE and Sub QSEs.
Prepare and submit appropriate dispute documents to ERCOT, with supporting backup information, within the mandated 10-day deadline.
Facilitate the review and analysis of ERCOT Settlement invoices to determine if invoices are valid.
Responsible for filing settlement disputes and supporting documentation with ERCOT within the mandated 10-day deadline.
Responsible for validation, analysis, and reporting of settlements data resulting from daily wholesale activities.
Analyze and prepare Commercial and Industrial data and documents for monthly billing and ERCOT reporting.
Analyze, prepare and deliver invoices for financial gas hedges, bilateral counterparties and energy broker deals of ERCOT market transactions.
Analyze, monitor and compile data for the Garland and Sub QSEs including but not limited to EPS Meter Data, SCADA Data, Third-Party external data, etc.
Review, prepare and analyze Renewable Energy data for both Garland and sub QSEs, also working with PPA participants.
Perform various generation, transmission, market studies, and/or administrative duties as delegated/required.