Senior Settlement Analyst (hybrid)

NiSource•Merrillville, IN

1d•$82,200 - $123,200•Hybrid

About The Position

NiSource is hiring a Senior Settlement Analyst and may consider candidates for the Lead Market Settlement Analyst level depending on experience; the salary band and listed requirements are for the senior level. The role supports the MISO market settlement process, regulatory initiatives, reporting, financial analysis, and continuous process improvement. It works collaboratively across Energy Supply and Optimization (ES&O), Accounting, and Rates to verify and prepare documentation related to MISO cash settlements, reconcile shadow settlement information, and analyze settlement charges and credits. The position applies professional judgment to analyze information from multiple sources, identify issues and trends, and recommend solutions. It also compiles and analyzes data for internal and external reporting, supports regulatory schedules and related analysis, and documents work accurately. The role requires familiarity with financial statements, MISO markets and settlement statements, internal controls, and data analytics tools. As a public utility, NiSource provides essential services around the clock. Employees may be asked to support emergency response efforts, which can involve working outside normal hours or assisting with tasks beyond typical responsibilities. The position is hybrid.

Requirements

Four-year degree in a business discipline.
Four to six years of experience in Finance, Accounting, Regulatory, or a related field.
Knowledge of PC applications.
Proficiency in Finance and Accounting principles, including relationships among the balance sheet, income statement, and cash flow statement.
Proficiency in MISO charge types and the relationships among segments of settlement statements, including MISO markets, NIPSCO resources, and NIPSCO load.
Ability to operate a third-party shadow settlement system to understand, report, and verify charges and credits submitted by MISO.
Ability to analyze information from varied sources, detect trends, associations, cause-and-effect relationships, and anomalies, and make recommendations.
Ability to manage time effectively to meet deadlines and maintain quality.
In-depth knowledge of Microsoft Excel pivot tables, macro creation, and statistical analysis.
Experience with data scrubbing and creating Power BI dashboards or using other data analytics tools.
Presentation skills and verbal and written communication skills.
Experience writing prompts for use in Copilot.
Must be legally authorized to work in the United States without requiring employer sponsorship now or in the future.

Nice To Haves

MBA.
Experience across multiple functional areas.

Responsibilities

Analyze data from different sources to identify issues, trends, relationships, and opportunities, and recommend appropriate courses of action.
Compile, organize, format, and analyze qualitative and quantitative information for internal and external reporting.
Research reporting issues, recommend solutions, and assist with adopting new reporting requirements.
Support regulatory initiatives by gathering data, preparing regulatory schedules and pro-forma calculations, and assisting with testimony and data requests.
Assist with reviewing and analyzing regulatory documents and applying regulatory requirements to the business.
Understand MISO terminology and developments and the market settlement process.
Reconcile the third-party shadow settlement system with financial statements and understand, report, and verify MISO-submitted charges and credits.
Design test scripts and perform testing of internal controls for Sarbanes-Oxley purposes.
Collaborate across ES&O, Accounting, and Rates to develop solutions and verify and prepare MISO cash settlement documentation.
Document work fully and accurately.
Identify, analyze, and improve processes to increase efficiency and effectiveness and meet new goals and objectives.
Manage time effectively to meet deadlines while maintaining quality.
Support emergency response efforts when required, potentially outside normal hours or outside typical responsibilities.