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Senior/Lead Commodity Settlement Specialist
- Ameren (St. Louis, MO)
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About Ameren Services (B&CS)
Ameren Services provides administrative support and services to Ameren Corporation and its operating companies, subsidiaries and affiliates. Ameren Services includes a wide range of skill sets and roles, from finance and legal experts to digital and cyber specialists, plus those charged with ensuring environmental compliance and operational safety. Together, we help execute a strategy that enables Ameren to deliver superior long-term value to customers, shareholders and the environment.
Our benefits include:
+ Medical coverage on date of hire
+ 100% employer paid cash balance pension plan
+ 401(k) with company match fully vested on date of hire
+ Minimum of 15 days paid vacation and 12 paid holidays
+ Paid parental leave and family caregiver leave
Visit our Benefits & Perks (https://www.ameren.com/company/careers/why-ameren/benefits) Page for more information on benefits provided to regular full-time employees.
About The Position
The Senior Commodity Settlement Specialist is a member of the Ameren Services Finance organization. The commodity settlements team ensures the accurate and timely settlement of over $3 billion in gross annual centralized market (Independent System Operator) transactions as well as physical and financial commodity transactions. As a member of the Settlements team, the Specialist works in a high-performing, team-based environment pursuing the goal of being the ‘center of excellence’ for commodity settlements and analysis. Team members work under the direct supervision of the Supervisor, Commodity Settlements and frequently collaborate with other departments throughout the organization, including accounting, regulatory, trading, and business line leadership.
Key responsibilities include:
+ Drive continuous improvement through automating the team’s manual processes.
+ Be a subject matter expert for commodity settlements and Back Office operations.
+ Prepare monthly operational analysis in support of trade strategies.
+ Deliver timely and accurate commodity settlements and analysis in support of our business line partners.
+ Understand the business drivers of profitability to resolve discrepancies discovered in the settlement process and propose agreeable solutions.
+ Provide value-add financial and market analysis to internal customers and stakeholders.
+ Interpret complex contracts and tariffs in order to understand and ensure accuracy of financial implications.
+ Proactively refine data analytical tools and settlement processes to ensure they are consistent with industry best practices.
+ Advise leadership of financial results and opportunities for continuous improvement.
+ Advise the business lines of changing market practices and considerations for long-term opportunities.
+ Define and adhere to Sarbanes-Oxley control standards and procedures.
+ Collaborate with Internal and External Audit in fulfilling regulatory requirements and other control standards.
Qualifications - Senior Commodity Settlement Specialist
Bachelor's Degree in Business or other technical discipline from an accredited college or university required. Five or more years experience in general business, accounting, or finance required. An advanced degree or certification (e.g. MBA or CPA) is preferred and will be considered towards years of experience. Advanced IT systems experience and/or data analysis preferred. Utility and/or commodity trading experience preferred.. Experience with Sarbanes-Oxley compliance standards required.
Qualifications - Lead Commodity Settlement Specialist
Bachelor's Degree in Business or other technical discipline from an accredited college or university required. Seven or more years’ experience in general business, accounting, or finance, with experience in financial statistical analysis and handling large datasets from various data sources is required. An advanced degree or certification (e.g. MBA or CPA) is preferred and will be considered towards years' of experience. Utility and/or commodity trading experience required. Experience with Sarbanes-Oxley compliance standards required.
In addition to the above qualifications, the successful candidate will demonstrate:
Excellent communication skills, including presentation, written and verbal. Ability to prioritize tasks, multi-task, and manage changing assignments in a collaborative team environment to meet critical deadlines. Problem solving and the ability to form reasoned conclusions based upon supporting data. Effectively interact with all levels of the organization and be able to make reasonable decisions with the data provided. Attention to detail and the ability to independently prioritize and manage responsibilities and monitor risks May be responsible for peer review of disbursement requests prepared by other settlement specialists before being presented for sign-off deliver presentations to the team or department.
Additional Information
Ameren’s selection process includes a series of interviews and may include candidate testing and/or an individual aptitude or skill-based assessment. Specific details will be provided to qualified candidates.
Compensation Range:
$88,500.00 - $144,500.00
* This pay range encompasses multiple levels of the role. Career level and compensation depends upon applicant’s credentials.
At Ameren, base salary is one component of a competitive compensation package for employees. Our pay ranges are broad to allow for movement within our organization and to accommodate different skill sets and levels of expertise. We take into consideration a variety of factors including, but not limited to, skills, abilities, experience, education, credentials, and internal equity when determining the base salary offered. Roles are eligible for additional rewards including annual incentive payments based on individual and company performance.
If end date is listed, the posting will come down at 12:00 am on that date:
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, disability, genetic information, military service or status, pregnancy, marital status, sexual orientation, gender identity or expression, or any other class, trait, or status protected by law.
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