We use cookies. Find out more about it here. By continuing to browse this site you are agreeing to our use of cookies.
#alert
Back to search results
New

Energy Settlements Analyst

CPS Energy
United States, Texas, San Antonio
Jun 06, 2025
Energy Settlements Analyst

Date: Jun 4, 2025

Location:
San Antonio, TX, US, 78205

Company:
CPS Energy

We are engineers, high line workers, power plant managers, accountants, electricians, project coordinators, risk analysts, customer service operators, community representatives, safety and security specialists, communicators, human resources partners, information technology technicians and much, much more. We are 3,500 people committed to enhancing the lives of the communities we serve. Together, we are powering the growth and success of our community progress every day!


Pay Grade

15*

Deadline to Apply: June 15, 2025 at 11:59 p.m. CST

*Qualifications may warrant placement at a different job level

Position Summary

We are searching for an analyst in the Energy Accounting & Settlements area. This position will be responsible for the timely and accurate settlement of all physical and financial wholesale energy transactions conducted with the Energy Reliability Council of Texas (ERCOT) market as well as daily activities related to counterparty billing and payments. The successful candidate will have a sound analytical & financial foundation, an appreciation and interest in challenging assignments in a fast-paced and dynamic environment, and a clear desire and aptitude for professional growth and development.

Tasks and Responsibilities

  • Performing functions necessary to support daily cash settlements with ERCOT andother external counterparties.
    Ensuring all settlement transactions are per contracts and protocols.
    Performing functions necessary to support the month-end close process, including settlement sub-ledger and post-analysis reconciliations.
    From large volumes of dynamic data, analyzing and documenting cost allocationresults, including making recommendations to management on allocating costsbetween operational strategies.
    Providing input on design requirements of the settlement system.
    Monitoring PCI System performance and communicating and tracking issues withvendor and/or EMO IT.
    Preparing reports to comply with requirements of PUCT, ERCOT, and internalaccounting.
    Performing ERCOT protocol research in order to evaluate the impact and determineproper implementation of complex settlement standards.
    Writing position papers to ensure that implementation of protocols is well documentedand consistent with guidance provided by ERCOT.
    Consulting with independent auditors on accounting matters and disclosurerequirements as required.
    Providing support for the annual IT general controls audit as part of the financial audit.
    Preparing PBCs and other supporting schedules for the annual external audit.
    Communicating and responding to inquiries, both in writing and verbally, to all levelsof CPS Energy on post analysis allocation theory and concepts.
    Strong analytical skills and ability to resolve complex issues independently leveraging internal and external resources

Minimum Skills
Minimum Knowledge and Abilities
Accountant/analyst experience in a field supporting and providing technical and analytical solutions.
Knowledge of accounting/analyst experience in a field supporting and providing financial and operational solutions.
Relative experiences in financial/project management for Operational Units.
Knowledge of principles, practices and procedures of a particular field of specialization.
Initiative to work independently or as a member of a team, coordinating with others to achieve desired results.
Experience working with moderately complex data.
Exceptionally strong analytical and problem solving abilities
Ability to multi-task various critical work assignments in a fast-paced environment in a professional manner.
Ability to effectively manage sensitive and confidential information.
Well-developed written and verbal communication skills for interaction with all levels of personnel.
Ability to meet goals and objectives with minimal direct supervision.
Effective interpersonal and customer service skills.
Ability to make recommendations and independent decisions.
High level of accuracy of work and attention to detail.
Ability to work in a team environment, coordinating with other areas to achieve goals and objectives.
Ability to work in a variety of locations such as the field, construction centers and the main office.
Ability to identify alternative solutions for development of decision-making proposals, which support organizational goals/objectives and budget constraints.
May include limited supervisory responsibilities.
Proficient in Microsoft Office Package, including word processing, spreadsheets, database, presentation software, electronic mail & scheduling.
Preferred Qualifications

  • Knowledge and/or experience in ERCOT settlements and billing.
  • Working knowledge and/or experience in wholesale energy markets.
  • Working knowledge of ERCOT market protocols and their application to operation of adiverse generation portfolio to meet load obligations.
  • Experience with computer systems used to manage scheduling, delivery, billing andpayment for wholesale energy services.
  • Familiarity with master enabling agreements for wholesale power and natural gastransactions.
  • Familiarity with processes for production cost modeling and post transaction analysisfor wholesale power marketing.
  • Familiarity with operational systems used to implement ERCOT deployments,preferably PCI GenTrader.

Competencies
Demonstrating Initiative
Working with Ambiguity
Driving for Results
Evaluating and Implementing Ideas
Driving Continuous Improvement
Communicates Effectively
Minimum Education
Bachelor's Degree in Business Administration with concentration in Finance, Accounting, Auditing or related field from an accredited university.
Required Certifications
Working Environment
Indoor work, operating computer, manual dexterity, talking, hearing, repetitive motion. Use of personal computing equip, phone, multi-functioning printer & calculator. Ability to travel to & from meetings, training sessions or other busi-related events.
Physical Demands
Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.
Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

CPS Energy does not discriminate against applicants or employees. CPS Energy is committed to providing equal opportunity in all of its employment practices, including selection, hiring, promotion, transfers and compensation, to all qualified applicants and employees without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, citizenship status, veteran status, pregnancy, age, disability, genetic information or any other protected status. CPS Energy will comply with all laws and regulations.





Nearest Major Market: San Antonio



Job Segment:
Project Manager, Power Plant, Consulting, Database, Technology, Energy

Applied = 0

(web-696f97f645-6kfh8)