Energy Settlement Analyst II or Sr at PNM Resources – Albuquerque, New Mexico

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.