Colorado Springs Utilities Energy Settlement Analyst in Colorado Springs, Colorado
Energy Settlement Analyst
Job Type: Business Operations
Pay Range $62,407 to $78,019
Location Colorado Springs, CO
Date First Posted 11/10/21
Energy Settlement Analyst
Who We Are...
Colorado Springs Utilities, a four-service utility provider with a 100-year reputation of integrity, gives you an experience unmatched by other utility companies. We continuously strive to stay ahead of the business curve with our established priority to update and incorporate state-of-the-art technology and provide a work culture dedicated to innovation, collaboration, and synergy. In fact, we were recently awarded the Diamond Designation from the American Public Power Association (APPA), recognizing our utility for having some of the highest ratings in reliability, safety, workforce development, and system improvements among the more than 2,000 public utilities in the nation. Nestled at the base of the Rocky Mountains, Colorado Springs is the perfect blend of mountain and city living. With over 300 days of sunshine a year, you will enjoy nature at its finest while residing in the sixth most desired place to live in the United States (according to U.S. News & World Report, 2021).
Why should you apply to this role?
We are seeking an Analyst to join our Energy Settlements Group which oversees 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. If you are excited about joining 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, this may be the opportunity for you!
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 settlements 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
Who you are...
Bachelor's degree in Accounting, Business, Marketing, Finance, or a closely related field
Knowledge and 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 Western Energy Imbalance Service Market (SPP WEIS) or Southwest Power Pool Regional Transmission Organization (SPP RTO) is valued
Experience with energy trade capture software (e.g., Allegro, 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
Colorado Springs Utilities offers a comprehensive benefits program to help you and your family protect your health and financial security.
Medical – Select from three medical plans including a Health Savings Account compatible plan
Voluntary Wellness Program – Earn incentives, gift cards, and gym membership reimbursements
Dental – Select from two plans including orthodontia coverage
Vision Insurance – Voluntary plan covering a full range of vision care services
Health Savings Accounts – Tax-advantaged savings account used for healthcare expenses
Flexible Spending Accounts – Tax-advantaged spending accounts for healthcare and/or dependent daycare expenses
Disability Insurance –Short-Term and Long-Term coverage provides income replacement for illness or injury
Life Insurance – Term life coverage with the option to purchase supplemental coverage
Paid Time Off – vacation, personal leave, sick leave, holidays, jury and bereavement
Vacation Buy – Purchase additional vacation time
Pension – Colorado PERA retirement plan funded by both employees and the organization.
Retirement Saving Programs - Supplement your pension with PERA 401(k) or PERA Roth 401(k), ICMA Roth IRA, ICMA 457 or 457 Roth plan
Educational Assistance – Financial assistance for qualifying courses
Additional Benefits - Employee Assistance Program, and Long-Term Care Insurance
All positions will be posted for a minimum of 5 calendar days.
Starting pay will be determined at the time of offer based on the experience, education, and training of the successful candidate.
Colorado Springs Utilities does not sponsor work visas of any kind (including but not limited to F-1, H-1B, or TN visas). Eligible applicants must be authorized to work in the United States.
Colorado Springs Utilities is an Equal Employment Opportunity/Affirmative Action employer. Our differences make us richer. Learning and growing from one another makes us more than what we were. We want our workforce to be as diverse as our business and recognize the limitless benefits of this commitment. Our desire is to have the organization reflect the diversity of the Pikes Peak Region. As an Equal Employment Opportunity employer, it is our commitment that no person shall be unlawfully discriminated against because of race, color, national origin or ancestry, sex, age, religious convictions, veteran status, disability, political beliefs, sexual orientation, or gender identity. Affirmative Action is Colorado Springs Utilities’ effort to ensure positive steps are taken to have a representative workforce reflective of the relevant available labor force.
For more information regarding applicant rights, visit https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
Accessibility Accommodations . If you are an individual with a disability or disabled veteran who is unable to use our online tools to search and apply for jobs, you may request a reasonable accommodation by contacting us at email@example.com or by calling 719-668-7500. This option is reserved for individuals who are unable to use or require assistance with the online tools as the result of a disability and is not intended for other purposes.
E-Verify and Right to Work Notice . Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States. Colorado Springs Utilities participates in E-Verify. For more information on your rights and responsibilities as an applicant, please visit: http://coloradospringsutilities.jobs/applicants-rights-and-responsibilities/ . If you have a legal right to work in the United States, there are laws to protect you against discrimination in the workplace. You should know that no employer can deny you a job or fire you because of your national origin. Unless mandated by law or government contract, employers cannot require you to be a U.S. Citizen or permanent resident or refuse any legally acceptable documents. If any of these things have happened to you, you may have a valid charge of discrimination that can be filed with the OSC. Contact the OSC for assistance in your own language. Call 1-800-255-7688. TDD for the hearing impaired is 1-800-237-2515. In the Washington, D.C., area, please call 202-616-5594, TDD 202-616-5525 Or write to: U.S. Department of Justice Office of Special Counsel NYA 950 Pennsylvania Ave., N.W. Washington, DC 20530.
Have a question? If you have a question about a position or need assistance from a recruiter, email us at firstname.lastname@example.org or call 719-668-7500.
Job Type: Business Operations