Energy Settlement I

POSTING DEADLINE

This position is posted until filled.

PREFERENCES

Analytical Background

High Level Excel Experience

Job Description

Salary Grade: G09

Minimum Midpoint Maximum

$50,991 - $67,562 - $84,134

Energy Settlement I

Personnel in this job title may be covered by NERC CIP cyber security standards. If the position is covered, prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a Personnel Risk Assessment, which includes identity verification and a criminal background check. Prior to being granted unescorted access to cyber secure areas, the candidate must attend cyber security training. Annual cyber security training is also required.

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 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 settlements, and CAISO EIM 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

• Performs daily, weekly, and monthly checkout of transactions related to power bi-lateral, natural gas, and/or CAISO MRTU
• Prepares gas purchase and pipeline reconciliation and settlements
• Prepares Power settlements checkout
• Prepares CAISO MRTU settlements
• 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
• Dispute resolution of deal discrepancies
• Performs other energy accounting reconciliation and reporting as assigned
• Performs regulatory reporting as required
• Maintains standardized counter party checkout documentation files with the information to satisfy audit requirements
• Responds to inquiries from both internal and external auditors during their audit engagements
  
  

Competencies

• Familiarity with the competitive wholesale electricity marketplace, knowledge of CAISO settlements, including business practices, transaction types, and systems is desired.
• Familiarity with the interconnected bulk power generation and transmission system, including delivery points and paths as well as
• Understands basic terminology related to the discipline.
• Working knowledge of scheduling systems, settlement systems, and financial systems is desired
• Working knowledge of the language, terms, and conditions of contracts entered into for the purchase or sale of power.
• Excellent analytical skills to properly assess errors and variances to reconcile data and make reasonable decisions to complete settlements.
• 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 one to three 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 verbal
  
  

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

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

Analysis And Problem-solving Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret technical instructions in mathematical or diagram form.

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 is required as needed
  
  

EQUAL OPPORTUNITY 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

TXNM Energy is committed to providing reasonable accommodations for qualified individuals with disabilities in compliance with the ADA. If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.

DEI Statement

At TXNM Energy, we value the diversity of our workforce and actively seek opportunities for incorporating Diversity, Equity, and Inclusion (DEI) within our family of companies. We believe a diverse workforce enriches our environment and helps us better meet the needs of our employees, customers, and shareholders. We remain committed to attracting and sustaining a diverse workforce and retaining high-performing employees who work collaboratively to carry out the Company's purpose.

TXNM Energy and affiliates are Equal Opportunity/Affirmative Action employers. Women, minorities, disabled individuals and veterans are encouraged to apply.