Job Description

Responsible for providing technical and analytical support to the Settlements Manager and Tri-State Accounting. Duties involve energy accounting, including recording energy purchases and sales as well as expenses associated with electric transmission, natural gas purchases, and other operational services.Work activities include verifying the accuracy of energy market revenue and expense, processing invoices, determining the proper accounting classification for revenue and expense items, recording purchase and sales quantities in corporate financial and data systems, and conducting regular and ad-hoc analysis for internal and external entities.

As a Senior Analyst, this position is also responsible for: Acting as a team leader who contributes to training Settlements and Energy Markets personnel on Settlements team operations and functions; Troubleshooting problems and coming up with effective solutions for issues that arise during the course of Settlements and Energy Markets business operations; Interfacing and communicating with other Tri-State departments and outside organizations.

Note There is one position available, and this position will be filled at one of four job grade levels: Settlements Accounting Analyst I; job grade 5; Settlements Accounting Analyst II, job grade 7; Settlements Accounting Analyst III; job grade 8 or Senior Settlements Accounting Analyst; job grade 9. This decision will be based on the qualifications and experience of the selected candidate and Tri-State business needs at the time of hire.

Tri-State recognizes the value of a highly engaged and committed workforce and provides an excellent benefits program that includes : Medical Insurance, Dental Insurance, Vision Insurance, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 40%, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Life Insurance, Retirement Option, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.

Senior Settlements Accounting Analyst

Hiring Salary Range: $98,000-$124,000

Settlements Accounting Analyst III

Hiring Salary Range: $88,000-$111,000

Settlements Accounting Analyst II

Hiring Salary Range: $80,000-$99,000

Settlements Accounting Analyst I

Hiring Salary Range: $64,000-$79,000

Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education and/or skill level.

• Consistently perform at a senior level in all aspects of the job.Be a leader on the team, demonstrate initiative, and work autonomously.Be seen as a reliable “go-to” person within the group and to management.
• Act as a subject-matter expert for Settlements personnel and for other Tri-State business units.Use experience and knowledge of the duties and workflow of the Settlements team to prioritize and support Settlements processes, troubleshoot problems and communicate effective solutions.
• Coordinate and develop strategies, processes, and procedures to optimize Settlements and Energy Markets performance.
• Coordinate and communicate with other Tri-State business units and external entities to better Tri-State’s operations, capabilities, and reputation.
• Review, analyze, and evaluate Tri-State Energy Market expense and revenue items to determine how to properly classify and record each item.
• Advise management concerning proper accounting standards for recording revenue, expenses, adjustments, accruals, and corrections.
• Compile, prepare, and ensure the accuracy of information provided to Tri-State Accounting for monthly, quarterly, and yearly financial reporting.
• Compile, prepare, and ensure the accuracy of information reported to regulatory agencies including the Federal Energy Regulatory Commission (FERC), U.S. Securities and Exchange Commission (SEC), state public utilities commissions, and other governmental agencies.
• Verify the expected and proper operation of Tri-State software systems and participate in the troubleshooting of software malfunctions.Participate in the selection and setup of new software systems.
• Assist internal and external audit staff in the preparation of interim and year-end purchased power and non-member sales confirmation letters and provide primary contact support for answering internal and external audit questions regarding energy sales, purchased power, and transmission expenses.
• Complete account reconciliations.
• Review and analyze Interchange account worksheets, bill crediting worksheets, and other work products prepared by Settlements staff for accuracy and completeness.
• Review, analyze, and evaluate purchase and sales contracts and agreements to determine appropriate methodologies for processing and recording these transactions for compliance and reporting purposes.
• Provide liaison support between Energy Markets and Accounting for information relating to purchased power expenses, energy sales revenues, and other items.
• Adhere to company policies, programs and procedures as well as Critical Infrastructure Protection (CIP), Western Electricity Coordinating Council (WECC), Federal Energy Regulatory Commission (FERC), North American Electric Reliability Corporation (NERC), and Midwest Reliability Organization (MRO) standards and Equal Employment Opportunity (EEO) laws and regulations.

Education and Training

Bachelor’s degree in Accounting, Finance, Business Administration or other related discipline, or an equivalent combination of education and/or experience.

Knowledge, Skills, and Ability:

• Knowledge of accounting techniques and procedures.
• Ability to work with detail and with a high degree of accuracy.
• Ability to communicate effectively, in written and verbal forms; ability to maintain clear and open communication with peers and customers.
• Ability to meet deadlines which may require unscheduled overtime.

Experience:

• Eight (8) or more years of progressive accounting experience. Note The above requirements describe the experience and education qualifications for the Senior Settlements Accounting Analyst. Those with less experience will be hired at the I, II or III job grade level.

Other

• Willingness to travel occasionally for meetings, conferences and training.

DESIRED JOB QUALIFICATIONS

• Electric cooperative or electric utility experience preferred.
• Knowledge and experience with electric organized markets.
• Working knowledge of power terminology.
• Working knowledge of SEC and RUS financial reporting.