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Associate Settlements Analyst

San Francisco, CA, US, 94105

Requisition ID # 26653 

Job Category : Legal 

Job Level : Individual Contributor

Business Unit: Law, Strategy & Policy

Job Location : San Francisco

Department Overview

We recognize that our employees are the backbone of our success. It's the mix of talent, skill, enthusiasm, drive and team spirit that empowers our employees to deliver your energy, today and tomorrow. This is your opportunity to join our team and make your contributions in an industry that is rapidly changing.

 

The Energy Procurement organization manages electric and gas procurement to ensure reliable supply (e.g. meet the gas and electric needs of our customers 24 hours a day), reduce customer costs and price risk, minimize shareholder risk, and support environmentally preferred resources.  Electric Settlements (ES) is a group within the Energy Procurement Organization that is responsible for settling contracts with over 350 counter-parties. Contracts include physical energy (e.g., conventional generation, renewable, & Qualifying Facilities), gas, transmission, and financial (e.g., options and hedging) types. In addition to interfacing with external counter-parties, ES partners with  a number of organizations internal to PG&E, including Energy Supply, Legal, Accounting, and Banking & Money Management.

 

Position Summary

The Electric Settlements Analyst is responsible for the settling and reporting of Qualifying Facility and Feed in Tariff (QF & FIT) energy contracts on a monthly basis.  Settlement Analysts are also responsible for developing settlement processes for any new contracts that are executed.  In addition to contract related duties, Analysts are often involved in numerous cross-functional teams related to department goals.

 

Responsibilities:

Electric Contract Settlements (50%)

  • Manage a number of Feed in Tariff (FIT) energy contracts and ensure all activities are in compliance with contract provisions.
  • Perform invoice validation including processing of statements for payables and creating invoices for receivables.
  • Interact with counterparties on settlement related issues, Electric Trading on scheduling and dispatch issues, Contract Management on contract interpretation issues, and Legal on potential dispute issues.
  • Perform qualitative and quantitative analysis on contract data as necessary.

 

Reporting and Compliance (20%)

  • Track costs and volumes related to assigned contracts for financial reporting purposes.
  • Work with others in the organization and external departments (e.g., Corporate Accounting, Law, Revenue Requirements, etc.) to properly categorize costs for recovery.
  • Work within the existing control structure to meet all Sarbanes-Oxley (SOX), internal and external auditing requirements.  Ensure that all activities and documentation are in compliance.
  • On an as-needed basis, serve as witness and/or witness assistant, respond to data requests and develop data requests for submittal in regulatory and legislative proceedings.
  • Work with Contract Management, Revenue Requirements, and Corporate Accounting as needed for proper reporting of new procurement activities.

 

New Contract Implementation (15%)

  • Support Senior Analysts to design and implement settlement and billing processes for new procurement activities including but not limited to: short, mid, and long-term contracts resulting from PG&E Requests For Offers (RFOs) and Renewables contracts.
  • Work closely with Contract Management on implementation issues and participate in contract negotiations representing settlements as needed.
  • Create settlement template spreadsheets or database tools required for performing invoice validation and/or invoice/statement creation.
  • Document processes and create desktop procedures as part of the implementation process.
     

Process Improvement/Projects (15%)

  • Assist Senior Settlements Analyst on providing business advice related to the application and enhancement of the database system that supports the reconciliation of electric and gas costs.
  • Implement improvements and process automation for invoice estimation.
  • Collaborate with other groups in the Energy Procurement organization and Information Systems Technology Services (ISTS) as needed.
  • Work on cross-functional goal teams to accomplish department goals.

 

Qualifications

Required:

  • Bachelor’s degree in business-related field, engineering, environmental policy; or equivalent work experience.

 

Desired:

  • Attention to detail/high level of organization
  • Business/Financial Acumen
  • Strong communication skills (written and oral)
  • Skilled in use of MS Word, Excel, PowerPoint.
  • Excellent analytical skills.
  • Understanding of Energy Procurement business
  • Understanding of Electric Settlements business
  • Some LEAN, Six Sigma or other process improvement training

Our Mission

To safely and reliably deliver affordable and clean energy to our customers and communities every single day, while building the energy network of tomorrow.

Our Vision

With a sustainable energy future as our North Star, we will meet the challenge of climage change while providing affordable energy for all customers.

Our Culture

We put safety first.
We are accountable. We act with integrity, transparency and humility.
We are here to serve our customers.
We embrace change, innovation and continuous improvement.
We value diversity and inclusion. We speak up, listen up and follow up.
We succeed through collaboration and partnership. We are one team.

Company
Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric companies in the United States. Based in San Francisco, our 24,000 employees deliver safe, reliable, affordable and clean energy to nearly 16 million people throughout our Northern and Central California service area, stretching from Eureka to Bakersfield and from the Pacific Ocean to the Sierra Nevada.

More About Our Company

EEO
Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information or any other factor that is not related to the job.


Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland