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Energy Settlement Analyst II, Senior, Lead

Company **Tucson Electric Power**

Location **Tucson, AZ**

Requisition ID **6151**

About Us

UNS Energy Corporation (http://www.uns.com) , headquartered in Tucson, Arizona, is a subsidiary ofFortis Inc. (https://www.fortisinc.com) , the largest investor-owned electric and gas distribution utility in Canada. Our public utility subsidiaries, Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., power our economy by providing electric and gas service to nearly 700,000 customers in Arizona.

We embrace a spirit of giving, dedicated to improving quality of life in the communities we have served for generations, and in TEP’s case, since the 1890s. We’re building a cleaner, greener grid, with more wind and solar power than ever before, while maintaining safe, reliable, and affordable service.

Your Employer of Choice

Our culture is rooted inshared core values (https://www.tep.com/careers/#values) that define how we work and who we are. Our team of innovative professionals bring their authentic selves to work each day to power our vision and make a difference.

We create opportunities for employees to thrive through:

+ **Continual growth:** In an industry changing faster than ever before, our commitment to professional growth and leadership development means we never stop challenging ourselves to explore new possibilities.

+ **Active Engagement:** We support a collaborative environment, with peer-to-peer learning and employee-driven groups that foster an inclusive culture.

+ **Total compensation:** UNS Energy Corporation also offers a competitive compensation and benefits package that includes a 401k plan with a generous company match and additional non-discretionary employer contribution for eligible employees, affordable individual and family health insurance plans, tuition assistance, life insurance, long-term disability insurance and much more.

Hear from some of our employees,here (https://youtu.be/hpknvJPLuoc) andhere (https://youtu.be/7BECywu-Re4) .

Job Description - Energy Settlement Analyst II, Senior, Lead

Check us out. We believe you will like it here!

Be Part of Our Story.

+ Do you enjoy working with large amounts of data?

+ Do you have Accounting or Utility Market experience?

+ Would you like to be a bridge between operations and the accounting/analyzing/reporting of that operational data?

+ Would you like the opportunity to grow yourself in your current job and beyond?

If you answered "Yes" to any of these questions, read on. We want to know of your interest. If you apply, you are not just a number, you are a possible team member! Our culture is at the heart of our success, and we are looking for talented individuals for the position of **Energy Settlements Analyst II, Senior or Lead** to bring their skills and experience to the table while enriching our already strong culture. This is a hybrid role, with on-site work required on Tuesdays, Wednesdays and Thursday at minimum.

What you will do

• Account for wholesale energy purchases and sales made within an energy market.

• Investigate customer disputes over market data

• Identify data irregularities that need to be addressed within a tight timeframe and work with Market Operator to resolve discrepancies.

• Create Ad Hoc reports for customers and internal departments

• Identify process and procedure improvements to strengthen or improve data integrity and efficiency

• Keep current and maintain an active role in market activities and regulations

• Report results to regulatory agencies

• Monetize and track transactions, and evaluate billing terms in contracts.

· .

What you bring

• BS/BA or Master’s degree and at least 3 years of related experience, or equivalent combination of education and experience.

• Accounting and Utility Market experience a plus

• Curiosity and attention to detail.

• Strong Team Player

• Excellent Communication Skills

If this sounds like the opportunity for you, apply now!

Position Description

Responsibilities of the Energy Settlements group include accounting for transmission and wholesale energy purchases and sales made bilaterally and within an energy market, overseeing the AP/AR function for these transactions, preparation of journal entries, account reconciliations and financial statement analysis associated with these activities, analysis of market performance daily, and reporting these transactions to regulatory agencies. Additional duties include monetizing and tracking of transactions, evaluating billing terms included in potential contracts and serving as the subject-matter expert for all settlements functions within the energy market. The Energy Settlements department serves as a critical link between the operating areas within UNS Energy and the Finance and Accounting functions to translate operational data into meaningful financial data.

Position-Related Responsibilities

The following job levels build upon each other with scope and responsibility increasing with each level.

Requirements for all employees include:

+ Maintains confidentiality for all matters regarding highly sensitive corporate and outside party information gathered and used in the normal performance of the settlements function.

+ Understands and observes the Federal Energy Regulatory Commission’s Code of Conduct as it applies to the positions.

+ These positions may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.

Energy Settlement Analyst II:

+ Collects and analyzes market data for reporting.

+ Identifies and suggests process improvement changes in the use of IT systems and work processes in the Energy Settlements group.

+ Develops an understanding of the rules and regulations for ACC, FERC, DOE, SEC and Market Operator.

+ Evaluates new rules and regulations affecting energy transactions and participates in their implementation.

+ Oversees a small project or phase(s) of a larger project.

+ Takes initiative to add to body of functional knowledge and demonstrate proficiency in subject matter.

+ Ensures all payments made in timely manner; tracks outstanding receivables.

+ Performs Accounting functions including journal entry preparation.

Senior Energy Settlement Analyst:

+ Strong analytical skills. Has primary responsibility for complex research, analysis, and compliance.

+ Ability to research, draw conclusions and make recommendations.

+ Curiosity and desire to understand a process and how it relates to other processes.

+ Readily communicates the status of specific projects, programs, or on-going work; exhibits judgment to elevate at the right time.

+ Performs complex and varied accounting functions including preparation and/or review of journal entries, GAAP research, preparation or review of financial data used by other departments, and analysis of financial results associated with Energy Settlements activities.

+ Possesses a thorough understanding of the rules and regulations for ACC, FERC, DOE, SEC and Market Operators.

+ Prepares or reviews financial and operational reports required by the FERC, DOE, ACC, or other regulatory agencies.

+ Provides research and analysis related to the feasibility and cost/benefit of different contracts and strategies in support of Pricing and Retail Marketing issues.

+ Interacts with departments throughout the organization on billing and accounting issues and reporting related to market transactions.

+ Assists with implementation of improvements or modifications to Energy Settlements systems and procedures.

+ Oversees multiple projects, some ongoing, and can deliver projects to successful completion with minimal guidance.

+ Understands business drivers and can deliver solutions which accurately and effectively meet business needs.

+ Identifies and communicates barriers to timely and successful completion of work assigned and suggests possible solutions.

+ Identifies process improvements and recommends practices which improve effectiveness.

+ Takes ownership of data and can identify, draft, and implement validation methodology to ensure that data is accurate on a global basis.

+ Coordinates and expedites resolution to problems which occur with respect to a wide variety of matters necessary for the professional, effective, and economical completion of the job.

+ Has a high degree of breadth and depth of functional knowledge.

+ Consistently delivers work without errors.

+ Is self-directed and needs minimal supervision.

+ Exhibits leadership qualities.

+ Ensures market sub-allocations are correctly billed to customers.

+ Collects, analyzes and interprets market data to create reports.

+ Files and tracks billing disputes with customers and market portals.

Lead Energy Settlements Analyst:

+ Top-level individual contributor considered a subject matter expert.

+ Demonstrates a thorough understanding of the rules and regulations for ACC, FERC, DOE, SEC, and Market Operators and the rate making requirements for the ACC and FERC.

+ Participates with internal and external legal counsel and consultants to interpret contract provisions and pricing, including modeling billing options.

+ Leads several complex projects at the same time, assists others on complex projects and independently delivers projects to successful completion.

+ Applies extensive knowledge of concepts, practices, and procedures to handle complex tasks and provides guidance to others.

+ Participates in the development or revision of internal control procedures.

+ Demonstrates a creative approach to problem solving in a dynamic environment.

+ Responsible for review and sign-off of work of other analysts and completed projects.

+ Understands the end result and can work backwards to identify and implement needed processes to achieve desired results.

+ Ensures that resources are available and channeled to produce the planned deliverables on time, including assignments of team members based on priorities and project requirements.

+ Readily communicates the status of specific projects, programs, or on-going work.

+ Acts as source for training for other analysts.

+ Works with Metering Department to resolve issues with meter data.

+ Acts as point person for day-to-day activity in energy markets by interacting with other departments and monitoring new standards and procedures.

+ Manages market sub-allocation process.

+ Uses data from energy market reports to suggest and implement changes to maximize potential of the market.

+ Collaborates with and provides analysis and reporting to leadership.

In addition, Lead Analyst with supervisory responsibilities is also required to:

+ Ensure that the Company’s management principles, policies, and programs are consistently practiced and continually support the Affirmative Action Plan.

+ Ensure that the Performance Management program is administered uniformly and effectively.

+ Support and guide analysts in their development.

+ Assist with ensuring workload in department is appropriately assigned.

Knowledge, Skills & Abilities

+ Broad-based business acumen with strong project management, research, and reporting skills.

+ Strong analytical ability to gather and summarize data for reports, find solutions to various administrative problems, and prioritize work.

+ Demonstrated ability to communicate effectively; verbally and in writing, with the ability to choose the best medium for the situation.

+ Demonstrated ability to work independently, as well as in a team environment.

+ A high degree of interpersonal skills to maintain positive relations with other areas of the company and work with those groups to resolve issues.

+ Exhibit discretion when dealing with confidential and sensitive information.

+ Demonstrated fluency with spreadsheets (Excel) and word processing (Word).

+ Ability to become proficient with multiple IT systems used for billing and in other computer software applications.

+ Ability to manipulate and analyze large data sets and create recommendations from the analysis

+ Demonstrated ability to identify issues by looking at settlement data and solve complex problems in the electric utility industry

(Equivalent combination of education and experience will be considered.)

Level II

Minimum Qualifications:

+ Requires BS/BA or Master’s degree and 3 years related experience, or equivalent combination of education and experience.

Preferred Qualifications:

+ Market experience is highly desirable

Senior

Minimum Qualifications:

+ Requires BS/BA or Master’s degree and 5 years related experience, or equivalent combination of education and experience.

Preferred Qualifications:

+ Public accounting experience is highly desirable.

Lead

Minimum Qualifications:

+ Requires BS/BA or Master’s degree and 9 years related experience, or equivalent combination of education and experience.

Preferred Qualifications:

+ Public accounting experience is highly desirable.

**Pay Rate:** Salary determined based on candidates experience and qualifications.

All job offers are contingent on successful completion of a pre-employment drug screen and background check.

California Job Applicants -click here (https://www.tep.com/california-job-applicant-and-independent-contractor-privacy-notice/) to see our Job Applicant Privacy Notice.