Energy Settlement Analyst II or Sr

POSTING DEADLINE

This position is posted until filled.

PREFERENCES

Analytical Background High Level Excel Experience

JOB DESCRIPTION

Salary Grade:

G08 Minimum Midpoint Maximum $61,035 - $80,872 - $100,709 Energy Settlement

II SUMMARY

Energy Analysis and Settlements is part of the Wholesale Power and Transmission Accounting Organization under the Corporate Controller. Energy Settlement Analysts are responsible for the confirmation, reconciliation, and settlement (including invoicing) of energy transactions related to wholesale bi-lateral power settlements, natural gas and related transportation settlements, transmission sales and purchases, California Independent System Operator (CAISO) MRTU market settlements, and CAISO Energy Imbalance Market (EIM) market settlements. A Settlement Analyst is responsible for timely and accurate completion of work that includes invoicing, accounts receivable (AR) and accounts payable (AP) processing, general ledger (GL) input, reporting, and audit support. The extent of job responsibilities is not limited to the previously mentioned.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Responsible for supporting daily/weekly/monthly transmission sales, purchase settlements, and the EIM market settlements for the

EESC/PRSC

Responsible for gas purchase and pipeline settlements, power bi-lateral settlements, and

CAISO MRTU

settlements Prepares and sends invoices for Point-to-Point (PTP) and Network Transmission sales Performs transmission purchase reconciliation and settlement including payment through the Accounts Payable process Manages the Network Transmission peak calculation PTP database and system management Performs EIM daily settlements of 5min, 15min, and hourly market data Reconciles, confirms, and performs analytics of PRSC market data Prepares EIM prior period adjustments (PPA) Prepares EIM charge allocations for PRSC Responsible for recognition of disputable market settlement variances and ability to resolve CAISO disputes Processes CAISO invoices timely to ensure weekly settlement deadlines are met Prepare weekly settlements to accurately reflect for Accounts Receivable, Accounts Payable and General Ledger entries Responsible for month end General Ledger estimates and eventual actuals as CAISO settles the previous month Provide system support, working closely with IT and vendors to manage system upgrades, patches, and testing Responds to inquiries from both internal and external auditors during their audit engagements.

COMPETENCIES

Self-motivated and possessing strong problem-solving skills and the ability to prioritize tasks An ability to follow procedures and demonstrate personal accountability and ownership of the role Understanding of the

CASIO EIM

marketplace, including business practices, charge codes and systems Understanding of the interconnected bulk power generation and transmission system, including delivery points and paths Understand terminology related to

CAISO EIM

market and PNM transmission settlements Ability to interpret both the language and terms and conditions of OATT contracts and

CAISO EIM

market documents Excellent analytical skills to properly assess errors and variances to reconcile data to complete settlements and provide reports assessing market outcomes Strong negotiating skills and the ability to make quick and reasonable decisions Advanced interpersonal skills to build and maintain positive business relationships

QUALIFICATIONS MINIMUM EDUCATION AND/OR EXPERIENCE

Bachelor's degree from four-year college or university with three to five years related experience , or equivalent combination of education and/or experience related to the discipline.

COMMUNICATION SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations Ability to write reports, business correspondence, and procedure manuals Ability to effectively communicate in both writing and verbally

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, and other business-related calculations Ability to apply concepts of basic algebra and geometry

COMPUTER SKILLS

Working knowledge of energy scheduling systems, settlement systems and basic accounting systems is desired Strong skills in MS Excel spreadsheet software and MS Word processing software

ANALYSIS AND PROBLEM-SOLVING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is occasionally required to stand and walk up to 2/3 of the time. Manual dexterity required and the ability to talk and listen. The employee must occasionally lift and/or move up to 25 pounds.

Vision requirements include:

close vision, color vision, and peripheral vision. May be exposed to moderate noise.

WORK ENVIRONMENT

Office environment. Travel for offsite training and conferences may be required periodically Schedule flexibility and the possibility of working extended hours to complete daily processes is required as needed.

JOB DESCRIPTION SUMMARY

Energy Settlement Sr Salary Grade:

G06 Minimum Midpoint Maximum $82,463 - $111,325 - $140,187 Energy Analysis and Settlements is part of the Wholesale Power and Transmission Accounting organization under the Corporate Controller. Energy Settlement Analysts are responsible for the confirmation, reconciliation, and settlements (including invoicing) of energy transactions related to wholesale bi-lateral Power settlements, natural gas and related transportation settlements, transmission sales and purchases, CAISO MRTU (Market Redesign) settlements, and

CAISO EIM

(Energy Imbalance Market) settlements. A Settlement Analyst is responsible for timely and accurate completion of work that includes invoicing, AP/AR, GL inputs, reporting, and audits

ESSENTIAL DUTIES AND RESPONSIBILITIES

Responsible for daily/weekly/monthly

EIM EESC/PRSC

market settlement activities or PNM transmission sales and purchases Performs EIM daily settlements of 5min, 15min, and hourly market data Reconciles, confirms, and prepares analytics of market data Prepares EIM PPA adjustments Calculates EIM charge allocations incurred by PNM to assess PNM transmission customers as per the

PNM OATT

Recognizes disputable market settlement variances and has the ability to resolve CAISO disputes Processes CAISO invoices timely to ensure weekly settlement deadlines are met Prepares weekly settlements to accurately reflect for Accounts Receivable, Accounts Payable and General Ledger entries Responsible for month end General Ledger estimates and eventual actuals as CAISO settles the previous month Assists with implementation of CAISO charge code changes and business practice updates Provides system support working closely with IT and Vendor to manage system upgrades, patches, and testing Prepares and sends invoices for Point-to-Point (PTP) and Network Transmission sales Prepares transmission purchase reconciliation and settlement including payment for the Accounts Payable process Manages the Network Transmission peak calculation Responds to inquiries from internal and external auditors during their audit engagements.

COMPETENCIES

Self-motivated and possessing strong problem-solving skills and the ability to prioritize tasks An ability to follow procedures and demonstrate personal accountability and ownership of the role Advanced understanding of the

CAISO EIM

marketplace, including business practices, charge codes and systems Advanced understanding of the interconnected bulk power generation and transmission system, including delivery points and paths Advanced understanding of terminology related to

CAISO EIM

market and PNM transmission settlements Ability to interpret the language and terms and conditions of OATT contracts and

CAISO EIM

market documents Excellent analytical skills to properly assess errors and variances to reconcile data to complete settlements and provide feedback to management assessing market outcomes Strong negotiating skills and the ability to make quick and reasonable decisions Advanced interpersonal skills to build and maintain positive business relationships

QUALIFICATIONS MINIMUM EDUCATION AND/OR EXPERIENCE

Bachelor's degree from four-year college or university with five to seven years related experience , or equivalent combination of education and/or experience related to the discipline.

COMMUNICATION SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations Ability to write reports, business correspondence, and procedure manuals Ability to effectively present information in writing and verbally to managers, clients, and customers

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, and other business-related calculations Ability to apply concepts of basic algebra and geometry

COMPUTER SKILLS

Advanced knowledge of energy scheduling systems, settlement systems and basic accounting systems is desired High level skillset in MS Excel spreadsheet software, MS Word processing Accounting systems experience

ANALYSIS AND PROBLEM-SOLVING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is occasionally required to stand and walk up to 2/3 of the time. Manual dexterity required and the ability to talk and listen. The employee must occasionally lift and/or move up to 25 pounds.

Vision requirements include:

close vision, color vision, and peripheral vision. May be exposed to moderate noise.

WORK ENVIRONMENT

Office environment. Travel for offsite training and conferences may be required periodically Schedule flexibility and the possibility of working extended hours to complete daily processes is required as needed.

SAFETY AND ADA STATEMENT

Safety Statement:

Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm. Americans with Disabilities Act (ADA)

Statement:

If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.