
Senior Settlement Analyst
WISCONSIN ELECTRIC POWER COMPANY
MILWAUKEE, WI · HybridJobSeen todaySeen in employer's feed today
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Job overview
Wisconsin Electric Power, a subsidiary of WEC Energy Group, seeks a Senior Settlement Analyst in Milwaukee. The Business Settlement Analyst performs power settlements for the company and its affiliates, including transaction verification, reconciliation, billing and payment processing, discrepancy resolution, accounting procedures, and reporting. The role also interprets wholesale contracts and tariffs, works with market counterparties, reconciles SAP general ledger balances, prepares FERC reports, and responds to audit and data requests.
Skills & qualifications
Skills
Full job description
JOB REQUIREMENTS: 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. Join our team and experience first-hand our commitment to your success. We offer competitive pay and benefits to recognize your hard work and dedication. If you're talented, energetic and ready for a career with a future, we want you on our team. We are powered by a diverse and inclusive workforce fueled by the pride in what we do. If you're driven by the passion to change lives, this is the place for you. Job Summary The Business Settlement Analyst is a position where a combination of strong technical and analytical skills is used to perform all aspects of power settlements for WEC Energy Group and its affiliates. Objectives include transaction verification and reconciliation to ensure data integrity, billing and payment processing, discrepancy investigation and resolution, development and implementation of new accounting procedures according to GAAP, data analysis, reporting and special projects as assigned. Power settlements include RTO Energy and Operating Reserves Markets, wholesale contract and transmission settlements. The Business Settlement Analyst interprets wholesale contracts and tariffs and negotiates the resolution of issues with both Energy and Operating Reserves Markets and counterparties. The Business Settlement Analyst reconciles the general ledger balances in SAP, prepares various FERC reports on a regular basis, interprets and applies the requirements of the Sarbanes-Oxley Act and responds to internal and external audit and data requests. In addition, the Business Settlements Analyst provides feedback to the Power Operations and Wholesale Energy Marketing and Planning areas within the Company, provides output information to Finance and Regulatory, prepares and distributes various reports and provides expertise to others as requested. The Business Settlement Analyst is responsible for... For full info follow application link. We Energies is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/E6393168139D42F8 Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.
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