Senior Settlement Analyst
About the role
Wisconsin Electric Power, a subsidiary of WEC Energy Group, is seeking a Senior Settlement Analyst in our Milwaukee, Wisconsin location. This position is hybrid with time spent in the Milwaukee, WI Office.
About Us
WEC Energy Group is one of the nation’s largest electric generation and distribution and natural gas delivery holding companies serving 4.7 million customers across the Midwest. We are committed to providing clean, reliable, and affordable energy in an environmentally sustainable manner. Customers are the heart of our business, and we work every day to help grow and support communities where we provide vital energy services. As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We don’t just offer a job; we provide fulfilling careers where safety and well-being are paramount.
Responsibilities
- Perform all duties required for monthly closing such that closing is accurate and on time
- Develop and maintain subject matter expertise on the settlements of the competitive energy markets in which the Department transacts – currently, MISO
- Develop and maintain a strong level of understanding of the operations of the competitive energy markets
- Develop and maintain subject matter expertise on contracts, tariffs and market settlement rules and provide expert advice on rule-making issues that have a settlements impact
- Communicate with various groups inside and outside the Company to investigate and resolve complex technical issues
- Proactive investigation and resolution of market disputes and data errors related to market settlements
- Represent and manage the interests/requirements of the Company in external forums and venues
- Assist with the development, product implementation, enhancement, and testing of systems and processes in support of the market shadow settlement and billing systems
- Identify detailed solutions and improvements to Settlement team procedures and software to improve accuracy, efficiency and timeliness
- Interpret and apply the requirements of the Sarbanes-Oxley Act. Maintain accurate documentation
- Provide settlement subject matter expertise to other Business Units and Departments within the Company
Requirements
- Bachelor’s Degree in Finance, Accounting, Economics, or business-related discipline
- Strong analytical skills
- 5+ years of professional experience in power generation and transmission systems or related field preferred with an emphasis in accounting or finance
- Working knowledge of the Midwest ISO, PJM or other Energy Market
- General technical knowledge in power system operations is a plus
- High proficiency in Excel, Word and IMPACT
- Proficient in internet usage and accessing and using computer information systems with large amounts of data
- Excellent written, oral and presentation skills
- Strong attention to detail and accuracy are essential
- Ability to work effectively in a team environment as well as individually
- Experience delivering presentations with a technical subject matter
- Experience leading projects from conception to completion or function as a project lead in a cross-functional setting
- Solid understanding of finance and accounting principles
- Energetic self-starter who possesses strong problem-solving, decision-making, interpersonal, organizational, analytical, and negotiation skills
- Enjoyment of a dynamic, fast-paced work environment
- Knowledge of Access, Oracle, or other database applications preferred
Pay
The pay range reflects the minimum and maximum for the position at the time of posting and may be modified in the future. The starting salary/pay within the pay range will be based on several factors, as applicable, but not limited to, relevant education, qualifications, certifications, experience, skills, geographic location, shift, travel requirements, collective bargaining agreements, and business and organizational needs.
Pay Range Minimum: $68,436.68
Pay Range Maximum: $135,761.08