Settlements Analyst Associate

Job Posting End Date

Please note the job posting will close on the day before the posting end date.

Job Summary

Job Description

Principal Accountabilities

• Enter and pull transaction and billing determinant data into/out of systems.
• Reconcile data between systems under the direction of others.
• Prepare, administer and analyze invoice and allocation results against contractual and regulatory commitments and resolve discrepancies.
• Document desktop procedures and operate settlement systems in compliance with existing desktop procedures, ensuring functions are completed according to defined schedules.
• Recommend and participate in implementation of process improvements.
• Estimate and actualize revenue, expense, and allocations to operating companies and General Ledger accounts. Assist in analytical review of settlement results.
• Maintain and organize contract files, invoices, audit requests, regulatory documentation and documentation related to the closing cycles.
• Prepare basic schedules, exhibits, and documents to support regulatory filings and request for information.
• Adhere to Sarbanes-Oxley controls and participate in testing those controls.
• Demonstrates understanding of gas contracts, coal contracts, wholesale contracts, regulatory agreements, and RTO settlements.
• Demonstrates understanding of the relationship between application functions and governing agreements.
• Use pre-existing application functions and reporting tools to provide informational support to financial and operational functions.
• Understand and manage in-house developed reporting tools  which use PL/SQL, SQL Server, Excel VBA and/or other tools.
• Participates and provides support to management for special projects and organizational needs.
• Demonstrate the ability to effectively collaborate and work with groups outside of the settlements group (i.e., Accounting, Regulatory, Operations, ect.)

Minimum Requirements

Settlements Analyst Associate

Education

4 year Bachelor’s degree in Business, Finance, Accounting, Engineering, Mathematics, Economics or similar quantitative degree program.

Will consider no degree with 4+ years of related industry experience in settlements, accounting, and/or commercial operations experience.

Experience

Exhibits strong financial, analytical, problem-solving, and communication skills.

Ability to work as a part of a team and possess excellent time management and organization skills.

Self-starter with accomplished oral and written communication skills.

Proficiency in Excel is desired along with familiarity with Oracle databases and the ability to query data using application such as PL/SQL, SQL Server, Excel and vendor applications.

Experience with VBA, MS Office suite, SharePoint, etc. to support efficiency efforts and data analysis is preferred.

Proficiency in facilitating team efforts and managing small projects is highly desirable.

Compensation Data

Compensation Grade:

Compensation Range:

Candidates will be considered based on their qualifications and the candidate’s ability to work from an approved work location. Although the location is flexible, AEP does not have a presence in all states and localities. The following locations are NOT currently approved for this position: AK, CA, CO, CT, DE, HI, IA, ID, KS, MA, ME, MS, MT, ND, NH, NJ, NM, NV, NY, OR, RI, SD, UT, VT, WY, US Territories or international work locations. AEP will consider qualified candidates who are willing to relocate to an approved work location, at the candidate’s expense, provided the relocation can be completed within a timeframe that meets AEP’s staffing needs. NOTE: All remote work locations require vetting and final approval prior to offer and/or start date. Any work locations listed as preferred or unapproved relate specifically to the requirements for this position and are not necessarily applicable to other posted positions.

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