Settlement Analyst Location: Phoenix, AZ, US Date: Oct 25, 2024 **Requisition ID** : 17990 **Join us in building a better future for Arizona!** SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona. **Why Work at SRP** At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power. SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits: + Pension Plan (at no cost to the employee) + 401(k) plan with employer matching + Available your first day: Medical, vision, dental, and life insurance + Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave) + Parental leave (up to 4 weeks) and adoption assistance + Wellness programs (including access to a recreation and fitness facility) + Short and long-term disability plans + Tuition assistance for both undergraduate and graduate programs + 10 Employee Resource Groups for career development, community service, and networking **Summary** The Settlement Analyst will perform the monthly checkout process and settle counterparties invoices related to physical gas purchases/sales, transportation, taxes, imbalance, and storage. **What You'll Do** This role will also be responsible for the following: • Perform monthly in-depth reviews of the physical gas transactions to ensure SRP has appropriately accounted for its burn, sales, imbalance, and storage through various detailed reconciliations. • Create and perform complex and detailed reconciliations to ensure accuracy of both physical and financial gas activity. Perform correcting Journal Entries as necessary to ensure financial statement accuracy. • Regularly review accounting methodologies and practices for SRP's gas storage, cost of sales, imbalance, taxes, and expensing of burned gas. Routinely attend utility and accounting conferences to monitor latest accounting guidance to ensure SRP is compliance with accounting standards. • Maintain and upgrade SRPGas Software as necessary to comply with any changes in SRP's gas accounting practices. Perform software analysis with Supply and Trade IT Support as needed to gather requirements for enhancements. • Build, maintain and complete complex general ledger reconciliations to ensure financial statement accuracy. • Review contracts entered into by SRP's Supply and Trade and Fuels. Provide timely and relevant contract feedback to SRP's Legal and Operations staff to ensure SRP is accounting for contract and tariff changes appropriately. • Cultivate strong working knowledge of SRP's gas operations through regular engagement of Fuel Supply Management staff to ensure operational concerns are accounted for accurately and timely. **Experience** **Please note we are looking for someone who is a new college graduate up to 2 years of experience.** Promotion to Level 2 requires a minimum of two years experience at Level 1 and demonstrated capability to perform advanced and more difficult work as determined by the supervisor. Promotion to Senior Level requires a minimum of 3 years experience at Level 2, is fully competent in all aspects of functional area of assignment and as such would be recognized as a specialist in area of assignment and may have periodic or occasional lead responsibilities. **Education** Completion of a Bachelor's Degree from an accredited institution that prepares the employee for the assignment. **Hybrid Workplace** SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona. We are taking steps to protect the health and well-being of all team members, and by following a number of health and safety protocols, to reduce the risk of the coronavirus (COVID-19). **Drug/Alcohol Policy Statement** To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process. **Equal Opportunity Employer Statement** Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law. **Work Authorization** All candidates must be legally authorized to work in the United States. Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's. **Nearest Major Market:** Phoenix