Supervisor Settlement Accounting Job Details | New Mexico Gas Co - Peoples Gas - Tampa Electric

TECO Energy; Tampa (FL); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Supervisor for Settlement Accounting to lead the verification and approval of financial transactions related to natural gas and other commodities. This role involves supervising the reconciliation processes, implementing energy management systems, and ensuring compliance with accounting standards. The ideal candidate will have a strong background in utility accounting, excellent leadership skills, and proficiency in relevant software. Join a dynamic team that values operational excellence and innovation while contributing to critical community services.

Benefits

401k Savings plan with company matching

Pension plan

Paid time off

Medical Coverage

Dental Coverage

Tuition Assistance Program

Employee Assistance Program

Wellness Programs

On-site Fitness Centers

Bonus Plan

Qualifications

• 4+ years in utility accounting or finance required.
• Experience in commodity settlements preferred.

Responsibilities

• Supervise gas reconciliation and settlement processes.
• Oversee financial reporting and settlement closeout packages.

Skills

Utility Accounting

Commodity Settlements

Financial Reporting

Microsoft Excel

Leadership

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Tools

Allegro

SAP

Job description

Title: Supervisor 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: Must be well versed in the transactional flow of commodities from deal execution to settlement and payment; Proficiency in Microsoft Excel
• Preferred: Proficiency in Microsoft Word, Access and PowerPoint; and other software/systems such as Allegro or SAP

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

#LI-SAC

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 stormswill beconsidered 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 made in accordance with the company's rules and procedures.

TECO Energy is proud to be an Equal Opportunity Employer.

TECO Energy is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law, except where physical or mental abilities are a bona fide occupational requirement and the individual is unable to perform the essential functions of the position with reasonable accommodations.

In order to provide equal employment and advancement opportunities for all individuals, employment decisions at TECO Energy will be based on skills, knowledge, qualifications and abilities.

Pay Transparency Non-Discrimination Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

ADA policy
It is the policy of TECO Energy to provide reasonable accommodation for all qualified disabled individuals who are employees and applicants for employment, unless it would cause undue hardship. The corporation will adhere to applicable federal and state laws, regulations and guidelines, including, but not limited to the Americans with Disabilities Act (ADA) of 1990 and section 503 and 504 of the Rehabilitation Act of 1970s.

Application accommodations
Applicants may request reasonable accommodation in the application process five business days prior to the time accommodation is needed.

Pre-employment physical exams may be required for positions with bona fide job-related physical requirements regardless of disability.