Supervisor Energy Settlement Accounting

Title: Supervisor Energy Settlement Accounting 
Company: Tampa Electric Company 
State and City: Florida - Tampa
Shift: 8 Hr. X 5 Days

 

 

POSITION CONCEPT 
The Supvr Energy Settlements is responsible for supervising the accurate and timely verification and approval for payment and receipt for settlement on natural gas, interchange power, coal, oil and propane and their financial transactions for both Tampa Electric (TEC) and Peoples Gas Systems (PGS) and other operating companies. Advise, analyze, and assist with contract administration and negotiation.  Oversees financial reporting process, and reviews and approves settlement closeout packages and accruals.

 

PRIMARY DUTIES AND RESPONSIBILITIES 

• Supervise the gas reconciliation process and settlement including tracking delivery, cuts, imbalances, Tolling, etc. and reflecting such in billing and related reconciliations.  Review and approve all Settlement invoices for TEC NG, PGS, TES and Seacoast. Supervise the reconciliation process and settlement for interchange power, coal, oil, and propane.  Review and approve all Settlement invoices for these commodities. Supervise and oversee the financial reporting process including monthly and daily reports of operations, maintain internal records and liaison externally for auditing purposes. Supervise, review, and approve settlement closeout packages and accruals for TEC NG, PGS, TES, Seacoast, interchange power, coal, oil, and propane.
• Provide leadership in implementing the back-office portion of energy management tracking systems. Continually partner with various departments to streamline the business process and use technology to enhance efficiency. Understand and monitor front and back-office data flow for all commodities to trouble-shoot, problem solve and maintain needed records.
• Supervise cash process and reports in Allegro.  Review and approve cash reconciliations for all companies and commodities in Allegro.  Supervise the settlement for PGS Transport Cashouts.  
• Remain current on new technology and technical accounting requirements (background, training. seminars) to assist settlements process flow of data. 
• Compile and review Financial Transactions (Unrealized and Realized Derivative) for TEC and Consolidated Derivatives (TEC & PGS). 

 

 

QUALIFICATIONS 
Education

• Required:    Bachelor's Degree in Accounting, Finance or related field.

Experience  

• Required:    4 years work experience in utility, commodity accounting, or finance.
• Preferred:    2 years of work experience directly involved in commodity settlements within a regulated utility environment; Experience in Allegro or similar Energy Trading and Risk management system

Supervisory Experience

• Preferred: 1 year in a senior or lead role; prior supervisory experience

Knowledge/Skills/Abilities (KSA) 

• Required: Proficiency in Microsoft Excel
• Preferred: Proficiency in Microsoft Word, Access and PowerPoint; and other software/systems such as Allegro or SAP. Versed in the transactional flow of commodities from deal execution to settlement and payment.

Leadership Competencies

• Takes Ownership & Acts with Integrity
• Drives Operational Excellence for Customers 
• Builds Strong, Collaborative Relationships 
• Develop People and Teams
• Cultivates Innovation and Embraces Change
• Thinks Strategically and Exercises Sound Judgment 

 

WORKING CONDITIONS 
This job includes some overtime and/or working holidays and weekends
 

TECO offers a competitive Benefits package!!

Competitive Salary *401k Savings plan w/ company matching * Pension plan * Paid time off* Paid Holiday time * Medical, Prescription Drug, & Dental Coverage  *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On-site Fitness Centers * Bonus Plan and more!

 

STORM DUTY REQUIREMENTS....Please make sure to read below!!!  Responding to storms will be considered a condition of employment.

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be