About The Energy Authority
The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization that is singularly focused on deriving the maximum value of their assets from the market.
TEA Values
TEA employees share a common sense of purpose, focused on maximizing the value of each client’s generation assets. We understand that when TEA accomplishes its mission the result is enhanced economic value and improved quality of life for the citizens and businesses of the communities our clients serve.
TEA employees exceed the expectations of those they serve, deliver services with the highest standards of fair, honest and ethical behavior, set the standard for service and expertise in our industry, embody a spirit of collaboration, and embrace TEA’s founding entrepreneurial spirit by seizing opportunities to deliver value.
Do what you love. Love what you do.
About This Role
The primary purpose of this position is the scheduling of natural gas requirements for TEA, its Members, and its Clients. This entails coordinating the receipt and delivery of natural gas between suppliers, producers, marketers, pipelines, and customers and ensures that volumes are accurately tracked across multiple pipelines to support physical gas trading activity. The position will require ensuring data integrity in TEA’s deal capture system and spreadsheets and interfacing with TEA’s risk control, credit, and settlement departments to ensure accurate reporting and settlement. In addition, this position will be expected to provide additional support to the natural gas traders by managing pipeline EBB’s for all scheduling implications that could impact the flow of gas and market pricing, managing imbalance positions, as well as providing analytical and technical support for market analysis.. This job requires remaining on call 24 hours a day, 7 days a week to handle unexpected operational requirements as needed.
Essential Duties and Responsibilitiesinclude the following. Other duties may be assigned.
Scheduling/Pipeline Intelligence
•Schedule, nominate, and confirm natural gas transportation on interstate, intrastate, and LDC pipelines via electronic bulletin boards (EBBs) on the internet.
•Daily monitoring of pipeline EBBs and coordination with pipeline transportation representatives to report all pertinent market and operational information to the gas trading team regarding potential impacts and alternative solutions. This includes pipeline constraints, outages, capacity release, maintenance, and any other changes or information impacting physical flows of natural gas.
•Manage inventory positions and minimizing imbalances by utilizing excel spreadsheets for TEA, its Members, and Partners. When imbalances occur, works within pipeline guidelines to reduce, eliminate as economically as possible.
•Consult and communicate with the trading team and customers regarding physical positions to ensure accurate and reliable volumes of gas to be traded and scheduled. This includes collecting and monitoring electronic flow measurement data throughout the gas nomination cycles.
•Communicate effectively with external counterparties, clients, and the pipelines to ensure all gas requirements are properly accounted for during the nomination lifecycle.
•Monitor and evaluate the released capacity markets. Prepare capacity release bids and offers, as appropriate.
•Perform imbalance trading and cash-outs on respective pipelines.
•Continually studying and building knowledge on the dynamics of gas flow on pipelines. This includes identifying incremental capacity and supply availability which by used in a commercial manner for TEA and its Members and clients.
•Maintains knowledge of rights and obligations for TEA’s gas supply, transportation contracts, and pipeline tariffs and applies this knowledge to the nomination process to ensure compliance with contract obligations and to optimize use of contract rights
•Monitors weather forecasts and pipeline transportation allocations and makes projections of gas demands and communicates this information to team members and clients, requesting their input on gas demand, then makes gas flow nomination changes as necessary to keep gas supply in balance with market demand
Member, Employee and Industry Relations
•Develop and maintain positive external relationships with Members, fellow employees, producers, marketers, storage operators, and pipelines.
•Working together cohesively with a spirit of teamwork to improve the effectiveness of the gas department.
•Provide excellent customer service - internally and externally.
•Ability to competently and efficiently cross-train on current and new concepts occurring on scheduler’s respective pipelines.
•Keep Members, and clients informed of changing market conditions and advise them accordingly
•Develop and maintain a diverse list of qualified suppliers of fuel, transportation, and storage services.
•Act as a liaison between TEA and its Members and Partners, and producers, marketers, pipelines, and shippers.
Deal Capture, Organization, Analytical, and Communication
•Work closely with traders to verify that transaction details are accurately recorded in TEA’s deal capture system and spreadsheets. Make necessary adjustments in the system and spreadsheets to reflect curtailments due to allocations
•Continually learn TEA’s internal processes and Horizon deal capture system to serve as a leader in resolving any discrepancies between middle and back office.
•Search for continuous process improvements in TEA’s deal capture system to provide efficiencies in deal capture, downstream reporting, and data management.
•Reviews the efficiency of the nomination and accounting activities to ensure that those functions are run in the optimal manner.
•Ensure the pricing of all deals and transportation are accurately entered in the deal capture system as well as the appropriate spreadsheets.
•Update the deal capture system and spreadsheets to reflect any changes in fuel, commodity, injection, withdrawal, reservation rates, etc. Keep traders, risk controls, and settlement informed of these changes.
•Monitor the status of transportation contracts such as, termination dates, volumes, restrictions, discounts, and reservation rates and keep traders, members, clients, risk controls, and settlement informed of any updates.
Processes and Work Flow
•Work with Accounting and Settlement staff to resolve issues associated with billing, Member invoices, pipeline invoices, supplier invoices, etc.
•Estimates gas supply, storage, and transport cost for use in monthly accounting close.
•Assist in verifying pipeline and supply invoices and reports for accuracy and reconcile and respond to internal and external requests as appropriate.
•Provide administrative assistance in the management of natural gas purchases and sales.
•Ensure scheduling, pathing, reconciliations, and check-out is handled in a timely and efficient manner.
•Complete month-end reconciliation and implementation in an efficient and accurate manner.
•Ensure that the error and risk policy violation rates are kept to a minimum.
•Analyze and measure the effectiveness of existing business processes and develop sustainable, repeatable, and quantifiable business process improvements
24 Hour Coverage/Travel
•Perform independent evening and/or weekend call/monitoring duties (24 hours, 7 days a week) to ensure the proper delivery of natural gas to TEA, its Members, and clients.
•Willing to relocate in times of natural disasters for business continuity, (e.g., hurricane, etc.)
•Overnight travel required to attend industry functions, training seminars as well as visits to Members and Partners.
•This position often requires extra hours. Must be willing to work longer hours as needed.
Education and/or Experience
Bachelor's degree (B. S.), preferably in accounting, business, engineering, finance, economics, logistics, or energy-related discipline from a four-year college or university strongly preferred. One to two years of experience in a trading environment is preferred, but not required.