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Settlement Technician

Location: 

Phoenix, AZ, US

Date:  Nov 21, 2024

Requisition ID: 18067

 

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

 

Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

 

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

 

  • Pension Plan (at no cost to the employee)
  • 401(k) plan with employer matching
  • Available your first day: Medical, vision, dental, and life insurance
  • Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
  • Parental leave (up to 4 weeks) and adoption assistance
  • Wellness programs (including access to a recreation and fitness facility)
  • Short and long-term disability plans
  • Tuition assistance for both undergraduate and graduate programs
  • 10 Employee Resource Groups for career development, community service, and networking

 

Summary

Perform settlement functions for SRP front office physical electric trading operations. Activities for settlement include running interfaces between Open Access Technologies International (OATI) and SAP software as part of month end close processes, validating physical electric sale and purchase volumes and pricing and invoicing/paying counterparties per monthly settlement outcome. Additional job duties include preparing and entering monthly journal entries as well as administering billing aspects of contract provisions related to Power Purchase Agreements.

What You'll Do

  • Apply industry and energy marketing terminology and processes to aid in monthly checkout.
  • Manage and cultivate working relationships with settlement peers at other utilities to ensure timely and accurate settlement.
  • On a monthly basis, create purchase and sales orders for each counterparty to facilitate invoices and payment receipts.
  • Use SAP reporting to ensure counterparty invoices have been paid timely and accurately.
  • Work closely and regularly with SRP front office after-the-fact traders and schedulers to resolve energy curtailments and bookouts using OATI software.
  • Administer all billing aspects of SRP PPA contracts. Ensure contract clauses are followed accurately and timely.
  • Assist in other departmental projects as required for data gathering, input and organization.
  • Prepare and create journal entries in SAP for management review.
  • Perform research as necessary on physical electric transactions to assist management as well as other departments throughout SRP.
  • Partner with SRP IT analysts to resolve system issues impeding PAS workflows.
  • Prepare and create various MWh/Dollar centric reports for SRP consumption.
  • Provide assistance to internal and external auditors as various audits are performed on PAS work.

What It Takes To Succeed

  • Knowledge of and experience working with SAP, PCI, OATI as well as PC desktop applications (Access, Excel, Word, and PowerPoint).
  • Utility markets (preferably Western markets) or operational experience is preferred but not required.
  • General understanding of SRP Open Access Transmission Tariff (OATT) rate structure & SRP retail rate pricing structure.
  • Someone who enjoys working with others in a team environment and dealing with sensitive and complex issues at all levels of the organization; excellent listener, communicator and planner/organizer, high degree of initiative; self-motivation and willingness to learn; positive/professional approach; ability to provide quality and timely service.

Experience

At job entry, placement will be determined by a review of college transcripts and related work experience.

 

A minimum of 6 years of related experience is required for the senior level.

 

Once placed into the job family, an employee may become eligible for promotion by demonstrating the ability to perform advanced and more difficult work as determined by their management and meeting experience requirements.

Education

College level coursework (100+) from an accredited institution will be evaluated on an individual basis according to the skill/level to determine if applicable to the position by management.

 

Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona. We are taking steps to protect the health and well-being of all team members, and by following a number of health and safety protocols, to reduce the risk of the coronavirus (COVID-19).

 

Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

 

Equal Opportunity Employer Statement

Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law.

 

Work Authorization

All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.

 


Nearest Major Market: Phoenix

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