Settlement Intern

The Energy Authority IncJacksonville, FL
9hOnsite

About The Position

The Energy Authority (TEA) is a public power–owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization singularly focused on deriving the maximum value of their assets from the market. As a Settlement Intern, you’ll support the Settlement team with the day-to-day operations that ensure accurate, timely financial settlement of energy transactions. You’ll work hands-on with real market data, validate and reconcile complex transaction records, and help prepare the reporting that underpins TEA’s client service commitments.

Requirements

  • Currently pursuing a Bachelor’s degree in Finance, Accounting, Economics, Data Analytics, or a related field.
  • Strong analytical and problem-solving skills with high attention to detail.
  • Proficiency with Microsoft Excel (pivot tables, lookups); familiarity with data tools (e.g., Power Query/BI, SQL) is a plus.
  • Clear communication skills and a collaborative mindset; comfortable working with internal customers.
  • Initiative, customer focus, and tough-mindedness in approaching analytical work.
  • Ability to work on-site in Jacksonville during the school year.

Nice To Haves

  • Exposure to energy markets or financial settlements (e.g., ISO/RTO structures such as PJM, MISO, SPP, ERCOT, CAISO).
  • Experience with data analysis/BI tools (Power BI, Tableau) or scripting (Python) is helpful but not required.

Responsibilities

  • Validate, reconcile, and post settlement data for power and gas transactions across market participants and counterparties.
  • Investigate and resolve data discrepancies in coordination with Settlement analysts and cross-functional partners (Trading, Risk, Finance, and Technology).
  • Prepare and distribute weekly, monthly, and quarter-end settlement reports; assist with audit support and documentation.
  • Maintain well-organized records and process documentation for compliance and client transparency.
  • Contribute to process improvements—building or refining templates/macros and suggesting automation opportunities to improve efficiency and accuracy.
  • Support ad-hoc analyses for the Settlement team and client requests.

Benefits

  • Hands-on experience in a dynamic energy-industry environment and visibility into real market operations.
  • Mentorship, professional development, and networking across TEA teams.
  • Competitive hourly pay; work hours can be scheduled to accommodate academic commitments.
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