Performs advanced technical and analytical functions in the areas of energy settlements, CAISO Schedule Coordinator settlements, balancing authority functions, credit exposure, industry decisions and rulings and contract administration to preserve SMUD’s ability to buy, sell, exchange and transport power within SMUD’s risk parameters.
*COVER LETTER REQUIREMENT: To further assess your qualifications for this position, please describe your experience relevant to the major duties and responsibilities listed below AND address the questions listed in the Additional Posting Info for Candidates section below.
Serves as an advanced journey level resource in a relevant professional discipline; works independently on projects of moderate complexity; exercises independent judgment and discretion; may serve in a Lead role and assist in planning, coordinating, prioritizing, monitoring and evaluating the work results in assigned area and in selecting, training, motivating, evaluating and developing lower-level personnel.
Major Duties & Responsibilities
Supports the department’s overall directive by coordinating the department’s settlement activities; identifies discrepancies and variances; consolidates data in a consistent format; compares projections to plan; maximizes cash flow and revenue by calculating, analyzing and verifying power purchases and sales invoices; reports to management actual energy transactions compared to budget; develops financial forecasts for energy transactions, related costs and operational impact; researches and resolves meter data discrepancies; assists staff with analysis and settlement of energy transactions, generations, power flows and other associated settlement activities; assists with the implementation of new settlement systems and/or procedures.
Supports the purchase, sale and exchange of power by performing contract administration; verifies contract compliance by calculating and analyzing energy transactions; negotiates and implements resolution of contract discrepancies; utilizes energy trading applications; administers contracts including the verification and approval of power bills and revenue; assists SMUD in negotiating contract amendments including preparing analyses, proposals and other documents; evaluates the economic and financial impacts of alternative contract proposals, counter-proposals, amendments and dispute resolutions; analyzes and provides reporting on open receivables, payables and contracted future purchases and sales for both electric and gas and comparing to parameters as set by credit manager.
Supports interaction with the California ISO by following scheduling coordinator protocols and procedures; provides technical expertise with regard to proposed or amended protocols and procedures.
Supports Schedule Coordinator functions by analyzing California ISO charges; ensures that complex CAISO charges and payments are accurately accounted for; determines, submits, and follows up on disputes.
Maintains knowledge of the ISO Tariff and BPMs as amended; maintains good working relationship and communication with the CAISO; attends business and stakeholder meetings to support SMUD’s position in ISO matters.
Provides support to management, legal, and contract departments by offering analysis and financial interpretation of decisions, rulings and contract negotiations; represents SMUD at inter-utility meetings and industry technical conferences; provides reports to management, legal and contract departments.
Provides support to the legal department by offering evidence, analysis, and production of summary and detail reports for legal cases.
Maximizes SMUD’s financial opportunities by offering management historical reports and evaluating the effectiveness of current practices; performs analysis and history of past power scheduling operations; evaluates trades against established benchmarks; recommends new policies and practices; evaluates cost of transactions; outlines requirements for new or enhanced settlement hardware or software; implements enhancements.
Ensures the integrity of the revenue meter data and associated production reports by effectively translating, verifying and analyzing the monthly meter data; researches and resolves meter data discrepancies; maintains associated database and spreadsheet applications.
Supports compliance reporting by calculating, verifying, analyzing control area reliability data including reserves, CPS 1 & 2 criteria and inadvertent to confirm compliance that produce reports for WECC, CEC, DOE and others. Supports compliance reporting by analyzing, tracking and monitoring data used in other required regulatory reporting, including CARB and the CFTC.
Education: A Bachelor’s degree from an accredited college or university with major course work in business administration, economics, accounting, statistics or a related field or equivalent experience.
Experience: Five or more (5+) years of progressively responsible relevant work experience in energy settlements or a related field for a major utility and/or a combination of relevant experience and education.
Knowledge Of: Federal, state and local laws, codes and regulations governing energy accounting and energy trading; SMUD operations related to contract administration and energy trading; principals of information systems; methods for inter-utility energy accounting practices; energy transaction accounting principals; electrical theory and terminology; power generation and transmission theory and principals; inter-utility settlement practices; power scheduling and power system operations, principles and terminology; Schedule Coordinator practices and protocols; electrical metering methods, terminology and translation practices; energy settlement principles; language and technical terminology used in power contracts; network systems such as energy management system, local area network, meter data acquisition system and mainframe system; methods and techniques for planning, organizing and overseeing work activities; methods and techniques for report preparation and writing; techniques and practices for negotiating; principles and practices for contract management; interrelationships between SMUD’s operations and relevant external entities; methods and techniques for record keeping; safety policies, practices and procedures; standard operating procedures for modern office equipment including a computer and applicable software; English grammar, punctuation and vocabulary standards.
Skill To: Perform energy settlements activities such as calculating and analyzing transmission losses, area and system loads, inadvertents, deviations, spinning reserves, energy paybacks, ramp rates and incremental costs; develop new and revised policies and procedures to provide for the effective operation of the unit; interpret SMUD power purchase contracts, policies, procedures, and/or other special agreements; plan, oversee and review the work of others; compile and prepare technical, statistical and/or analytical reports and presentations; explain complex and/or controversial policies, regulations, procedures and/or activities internally/externally; schedule and prioritize own work assignments to meet expected timeframes; utilize a personal computer and/or computer terminal, systems and software relevant to the job; communicate effectively orally and in writing internally/externally; establish and maintain effective working relationships internally/externally.
Additional Posting Info for Candidate
Supplemental questions: Completion of this questionnaire is a necessary part of the selection process for the Senior Power System Analyst position and must be answered with your application by the final filing date. Please include your resume and answer each question below in your cover letter.
Responses to the following questions will be used to help determine the most qualified candidates to continue in the selection process. Omitted information cannot be considered or assumed. Do not answer any of the questions by stating “Refer to Resume.” This will be considered to be a non-response. If you do not have experience in a particular area, please indicate “NONE”.
1. Please describe your experience working with CAISO Business Practice Manuals, CAISO Charge Code Configuration guides, and CAISO Tariff as it directly relates to Settlements in the CAISO Energy Imbalance Market.
2. Please describe your knowledge and experience as it relates to after the fact system reconciliation with the CAISO Energy Imbalance market (including tagging and EIM intertie resource concepts).
3. Please describe your knowledge of the CAISO Stakeholder process, the PRR process, and CAISO User Group forums; include specific experience reviewing, commenting and providing analysis for management as it relates to CAISO Settlements and related policy.