Energy Analyst II/ Senior Analyst | Energy Settlements

Energy Analyst II / Senior Analyst | Energy Settlements - Responsible to provide analysis to support monitoring/auditing of regulatory and enterprise risk compliance transactional activity. Provide analysis, and reporting of monthly and quarterly business unit activities, and complete regulatory reporting filings which may include FERC Form 1, FERC EQR filings. Ensure that organized market transactions are efficiently and accurately accounted for and invoiced including but not limited to transactional activity for CAISO's Energy Imbalance Market.

People we want to talk to have:

• Application of general risk management procedures, and a general knowledge of trading activities and energy products.
• Experience in account reconciliation, energy billing, financial reporting or the applied use of energy accounting processes and related auditing techniques is preferred.
• Additionally, the position can require working with energy contracts and the development, implementation and maintenance of financial reports and spreadsheets
  
  

Energy Analyst II | Energy Settlements

• BS degree in Business, Accounting or Finance AND two (2) years' related experience in financial analysis/reporting or data analytics
• OR advanced degree in applied data analytics, data science or statistics and prior practical related work experience.
• Thorough knowledge of Microsoft Excel, Access, PowerPoint and Word.

Senior Energy Analyst | Energy Settlements

• BS degree in Business, Accounting or Finance AND three (3)years experience in accounting reconciliation, energy billing, or financial reporting; or an equivalent combination of education and experience.
• Some positions may require experience working with the administration of energy contracts and the development, implementation and maintenance of financial reports and spreadsheets.
• A thorough knowledge of Microsoft Excel, Access, PowerPoint and Word.
• Some positions may require a general understanding of commodity trading,
• Risk Management, and options valuation as it relates to energy markets, resource generation and transmission system concepts.

Preferred skills, knowledge or qualifications

• Knowledge of the applied use of energy accounting processes and related auditing techniques.
• Experience in account reconciliation, energy billing, financial reporting or the applied use of energy accounting processes and related auditing techniques
• Knowledge of risk management procedures
• General knowledge of trading activities and energy products

1) May coordinate and integrate financial information flow, analyze, prepare and ensure timely reporting of department financial statements, management reports and studies; analyze trading and system transactions for accuracy and to provide explanations on significant variations; reconcile monthly margin statement with general ledger, off system margin report and power trading statements to ensure transactions have been recorded properly; prepare trading detail from system books, identify hedge transactions and perform hedge effectiveness calculations; review and recommend process and workflow improvements; identify system issues and implementation of accounting guidelines and coordinate with Information Services staff to ensure accurate reporting; develop and produce ad hoc reports and financial studies in response to requests from various departments; maintain accounting acumen by reviewing regulatory rules, pronouncements, contracts and operating agreements; provide financial and operating results to Accounting, Tax and Forecast departments.

2) May confirm daily futures transactions with clearing broker and reconcile futures positions of commodity to counter-party statements and internal reporting system; calculate daily interests on margin calls, monthly index prices and determine maintenance margin requirements as well as physical power, ISDAs, natural gas and paper transactions with brokers and appropriate counter-party; track confirmations on risk management system; research and resolve exceptions with trading/marketing and counter-party personnel; process invoices for commodity purchases, charge appropriate account numbers in order to bill counter-parties for sales; verify accounting records, payables from other utilities and prepare check requests within time periods specified in contracts; follow up with counter-party on past due payments and bring outstanding accounts to managements attention; prepare various reports on results of system and trading activities; analyze daily reporting of operating results and maintain analysis of trading activities and strategies; review and verify broker commissions and submit requests for payment; prepare and maintain various margin and activity reports needed for monthly and daily reporting.

3) May verify the completeness and accuracy of energy flow across transmission and within control area by comparing interchange schedules and system load data to determine inadvertent energy amounts; determine when to accept inadvertent energy amounts from other areas; may prepare and distribute statistical information on energy usage, peak demand and metering data for use by other departments; compile and analyze meter reads to verify the accuracy of generated energy and fuel usage; provide and distribute data/reports on energy generation and use, peak demand, and metering data to ACC, FERC, NERC, WSCC and other departments; conduct research and analysis to verify accuracy of system metering (telemetry, digital, analog), identify discrepancies and resolve with appropriate parties; may serve as point of contact for WSCC interchange scheduling and inadvertence and transaction flows; may acquire, validate, estimate and edit data collected through interval data recording (IDR); may prepare and distribute customer meter data involving energy usage, peak demand, and load patterns used by organization; ensure completeness, statistical reliability and quality of IDR data; may apply industry methodologies

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

Arizona Public Service is a smoke free workplace.