Basin Electric Power Cooperative

Settlements Analyst I, II, or III

Settlements Analyst I, II, or III
Notice info
LocationBismarck, ND
Job Typefull time
On-site
Utilities

About This Job

Position Title:

Settlements Analyst I, II, or III


OPEN UNTIL FILLED


Department/Location:

Financial Services/Bismarck, ND


Company:

Basin Electric Power Cooperative


Position Purpose

Responsible for ensuring Basin Electric Power Cooperative (BEPC) and Dakota Gasification Company (DGC) is receiving optimal value for its resources in the energy sector. Support the confirmation, reconciliation, and settlement of certain energy transactions related to natural gas agreements, renewable agreements, and wholesale power transactions for BEPC and DGC.


Essential Functions

Assist with the checkout process of gas purchase and sales contracts to ensure accurate settlement of transactions.

Assist with the settlement of wind purchase power agreements with numerous counterparties such as validating curtailments and providing calculations for the counterparties to confirm.
Assist with the settlement of short-term transmission, energy and capacity transactions.
Complete monthly billing.
Investigate abnormalities in market activities to determine causes and develop solutions to resolve or improve market activities.
Support the development and expansion of data and systems related to Market analysis functions.
Project assignments and ad-hoc requests for data and analysis to support Energy Markets and reporting processes.


Qualifications


Settlements Analyst I:

Bachelor’s degree in a business, or mathematics related; or
Associate’s degree in business or mathematics related; and 2 years of related experience.


Settlements Analyst II

Bachelor’s degree in business, finance, mathematics or related field; and 3 years performing increasingly more complex and technical accounting and finance related analyses; or
Associates degree in business, finance, mathematics or related field; and 5 years increasingly more complex and technical accounting and finance related analyses; and
Experience in the following preferred: utility/energy industry; settlements; market trading using Energy Trading Risk Management (ETRM) systems; regulatory reporting or related commodity experience.


Settlements Analyst III

Bachelor’s degree in business, finance, mathematics or related field; and 5 years performing increasingly more complex and technical accounting and finance related analyses; or
Associates degree in business, finance, mathematics or related field; and 7 years increasingly more complex and technical accounting and finance related analyses; and
Experience in the following preferred: the utility/energy industry; settlements; market trading using Energy Trading Risk Management (ETRM) systems; regulatory reporting or related commodity experience.


Other Requirements

Independent learner with curiosity about energy market dynamics.
Able to communicate effectively, both verbally and written.
Able to establish and maintain effective working relationship.
Proficient with personal computers, including Microsoft Word, Outlook, and Excel.
Detail oriented.
Able to resolve discrepancies.
Good quantitative, problem-solving, and decision-making skills.
Able to work well in a team-oriented environment, meeting deadlines, and working together to achieve company-wide objectives.
Resume required.


Typical Physical/Mental/Environmental Demands

This position requires frequent sitting and standing/walking; and occasional reaching below and above shoulder level, use of keyboard/computer, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination. This position requires good hearing and vision, and the ability to speak. It also requires the ability to develop plans, procedures and goals; present information to others; and work under stress to complete projects within deadlines.

Applicants interested in this opening should go to https://www.basinelectric.com to apply.

Employees must apply through Inside Basin, by clicking on a position and signing into the Infor Application.

Basin Electric is an Equal Employment Opportunity Employer regarding race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and veterans status.

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