Commercial Modeling Analyst
Department: Strategy | Location: Amarillo, TX (in‑office) | Employment Type: Full Time, Exempt
About the role
Golden Spread Electric Cooperative, Inc. generates electricity for the purpose of delivering cost‑effective and reliable power to our 16 Member Distribution Cooperatives. As a cooperative, we are not‑for‑profit and provide services exclusively for our Members. Our team values integrity, respect, cooperation, and service.
We are seeking a Commercial Modeling Analyst to support the accuracy, validation, and reporting of energy market settlements, natural gas transactions, and member cost calculations. This position plays a critical role in analyzing market and operational data, developing settlement models, monitoring SPP and ERCOT market activities, and ensuring accurate financial reconciliation and reporting. Ideal candidates are detail‑oriented problem solvers with strong analytical skills, a passion for data integrity, and the ability to collaborate across accounting, operations, engineering, and market‑facing teams to support strategic decision‑making and member value.
Responsibilities
- Ensure data collection software retrieves and accurately stores GSEC data which directly impacts precision of the commercial models.
- Populate and report on daily cost and margin results from GSEC’s market interactions.
- Generate, analyze, and validate settlement/accounting data for accuracy and reconciliation for the creation of the Fuel and Energy Purchase Power Rate (FEPPC), Direct Service Rates (DSR), and non‑member margins.
- Build key settlement shadow models, while monitoring and identifying issues in the market settlement activities performed by ACES on behalf of GSEC.
- File disputes in coordination with ACES as appropriate, directly impacting member cost and non‑member margin revenue.
- Calculate and verify natural gas transactions (physical and financial), directly impacting member cost.
- Participate in daily strategy calls and provide feedback on results which impact the cost to the members.
- Monitor and report on happenings in key settlement‑focused stakeholder groups in SPP and ERCOT; fully understand key policy issues as they relate to GSEC’s overall portfolio.
- Provide analytical data to support various business functions, projects, and Member Cooperatives.
- Work with others to format, analyze, and validate meter data (Billing – MV‑90, Accounting – Financial Statement, Market Operations – Settlement, Engineer Techs – SCADA) to drive accuracy of cost to the members.
- Participate in Resource Developer calls which assists in GSEC’s strategic planning work.
- Other duties and responsibilities as assigned.
Qualifications
- Bachelor’s degree in finance, accounting, or economics (required).
- 5 to 7 years of experience in energy market operations (preferred).
- Thorough knowledge of RTO/ISO settlement procedures and protocols.
- Experience with SPP and ERCOT (highly desired but not required).
- Understanding of energy trading products, both electric and gas.
- Familiarity with electric market operations and functions of back‑office, mid‑office, and front‑office trading operations.
- Knowledge of electric transmission and gas transportation products.
- Experience with counterparty energy checkout processes.
- High‑level accounting, finance, billing, data analysis, and current data analysis tools.
- Proficiency in graphing and reporting techniques.
- Advanced skill set in Microsoft Excel; also proficient with Visual Basic, Access, Word, and PowerPoint.
- Basic understanding of XML language.
- Fundamental electric industry principles and understanding.
Schedule
- Traditional Schedule: Monday‑Friday, 8 am‑5 pm.
- Flex Schedule: Monday‑Thursday, 7:30 am‑5:30 pm; Friday, 7:30 am‑11:30 am.
Benefits
- Comprehensive medical, dental, and vision coverage.
- 401(k) with employer match and retirement pension.
- Accrued PTO plus 9 paid holidays.
- Wellness program and employee assistance resources.
- Additional benefits and perks.
Company culture
Our culture is built on collaboration, connections, and a strong commitment to service. We take pride in supporting our Members and their rural communities. We want every employee to understand the meaningful impact of their work for our Members. We invest in our team through ongoing learning, training, and professional growth. We value work‑life balance and support strong family values.