Job Description
Energy Settlement Analyst
We are seeking an Analyst to join our Energy Settlements Group, which supports Colorado Springs Utilities energy trading operations. This position is responsible for timely and accurate completion of work that includes producing energy bills, processing invoices, creating journal entries and general ledger reconciliations, reporting, and audit support. In this position, you will leverage your research and analytical skills through reviewing, interpreting, and applying contractual requirements related to energy trading and settlements, electric and gas cost adjustment analysis, and other high-profile projects. You will be part of a team committed to enhancing the efficiency and value of our Energy Supply Portfolio while providing essential services to the community, all in an atmosphere that encourages your ideas and contributions.
What will you be doing?
- Completing financial month-end and year-end close activities and annual audit requirements, and creating monthly journal entries and general ledger reconciliations
- Supporting trading and settlement decisions through data mining and fundamental analysis techniques
- Analyzing and communicating information and reports to the Energy Traders and management for key decision making
- Assessing errors and variances to reconcile commodity transaction discrepancies with counterparties and managing disputes
- Validating settlement statements to include pre-settlements, operational and trading feedback, meter data submittals, shadow settlements, settlement disputes, invoicing, approvals, and month-end accounting close
- Reviewing meter and measurement data for accuracy in collaboration with relevant working groups as related to settlement activities
- Understanding system requirements and communicating trade capture software functionality in support of software reliability and consistency
- Developing and implementing process improvements to increase efficiency and productivity
- Assessing and testing energy trading, risk management, and settlement software systems
Who you are...
- A bachelor’s degree in accounting, finance, or a closely related field is preferred
- Knowledge and a strong understanding of accounting principles and concepts
- Relevant and progressively responsible experience in accounting and/or settlements, or a relevant energy analytical or business research-oriented environment
- Knowledge of the Southwest Power Pool Regional Transmission Organization (SPP RTO) is valued
- Experience with energy trade capture software (e.g., Allegro, OATI, PCI) is valued
- Knowledge of developments in regulations, laws, tariffs, business practices, and best practices applicable to energy trading is valued
The military job codes/duty codes most closely related to this role are: 12A, 42A, 42B, 36B, 25A, 36P1, 36P2, 36P3, 36P4, 37A1, 37A2, 37A3, 37F1, 37F2, 37F3, 37F4 6410, 6413, 6415, 6417, PN, PS 180, 1302, 3401, 3404, 3408, 9680
PHYSICAL REQUIREMENTS/WORKING CONDITIONS:
- Exerts up to 10 lbs. of force occasionally and/or a small amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
- Positions in this class typically require talking, hearing, seeing and repetitive motions within an office working environment.
Our Commitment to Our Employees…
Our people are the heart and soul of Colorado Springs Utilities. They keep the lights on, gas flowing, water coming in, and wastewater leaving. We don't just say people are important – we prove it! That’s why we are honored to invest in protecting the health and financial security of our employees and their families through our rich benefits program.
Time Off to Recharge
- Vacation – Start with 13 days annually, increasing to 24 days with tenure
- Personal Leave –3 days per year
- Paid Holidays –12 paid holidays per year
- Sick Leave – 12 days per year for personal or family health needs
- Vacation Buy – Option to purchase up to 40 additional hours annually
Health & Wellness – Benefits elected are effective the first of the following month
- Medical Plans: Three comprehensive options, including a $0 premium High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) eligibility
- Zero Health: Access to hundreds of medical services at no cost
- Dental & Vision: Two dental plans and one vision plan
- Family Building-Benefits: Support for fertility, preservation, adoption, and surrogacy
- Wellness Program: A voluntary program that rewards you for prioritizing self-care! If you're enrolled in a our medical plan, you and your spouse can earn up to $600 in HRA or HSA contributions by completing healthy activities
- Flexible Spending Accounts (FSA): Pre-tax contributions for healthcare and dependent care expenses
- Health Savings Account (HSA): Available with HDHP
Financial & Retirement Security
- Pension Plan: Colorado PERA provides retirement benefits and peace of mind
- Supplemental Retirement Plans: PERAPlus 401(k), MissionSquare Roth IRA, and 457 plans
- Disability Coverage: Short-Term and Long-Term Disability insurance available
- Life Insurance: Employer-paid coverage with optional supplemental plans
- Long-Term Care Insurance: Available for purchase to support extended care needs
Additional Support
- Employee Assistance Program (EAP): Confidential support for mental health, stress, legal, financial, and work-life balance
- Tuition Reimbursement: Up to $5,250 annually to support continued education
- Public Service Loan Forgiveness: As a qualifying employer, your student loan payments may be eligible for loan forgiveness