DTE Energy Operations Accounting Analyst in Ann Arbor, Michigan
*Operations Accounting Analyst*
Location: Ann Arbor, Michigan
The future is bright at DTE Energy! We are the largest electric and gas utility in Michigan with an aspiration to be the best-operated energy company in North America. We are a Fortune 500 company headquartered in Detroit, Michigan with businesses in 26 different states.
DTE Energy’s utility and non-utility businesses are poised for significant growth. We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally.
We care for our employees and prioritize their health and safety first. Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:
Gallup Great Workplace Award for 3 consecutive Years! (2013, 2014 and 2015)
Metropolitan Detroit’s 101 Best and Brightest Companies to work For
J.D. Power Customer Satisfaction Award
Professional Women’s Magazine/Black EOE Journal “Best of the Best”
Computerworld’s 100 Best Places to Work in IT
Best Employers for a Healthy Lifestyle Gold Award
Detroit Free Press Green Leaders Award
_ GENERAL SUMMARY_
This is a professional position responsible for the operation process and settlement of the various DTE Energy Trading (ET) contracts daily and is responsible for ensuring that all costs are being captured in the ENDUR system—the financial system of record. The position works directly on the trading floor, managing the settlements of the many FRS Power Trade contracts, as well as the RTO Power pools, Transmission and Generation contracts. Incumbents work in accordance with existing policies & procedures, or specific instructions, but take on assignments entailing judgment and/or discretion to select from, or recommend alternative approaches. Work is mainly self-directed, with work results reviewed through the achievement of set goals and adherence to policies and procedures.
_ PRINICIPAL DUTIES AND RESPONSIBILITIES_
Balances the DTEET trader books daily. Each book must be net “0” each day, in that all buys net to the sells per market per day. Most accounting/settlement processes work with the trading books of DTEET.
Reconciles the Energy and FTR markets for all RTO’s (Regional Transmission Operator) daily (MISO, PJM, IMO, NEPOOL, NYISO & ERCOT) and providing a month end checkout summary to General Accounting for GL entry.
Handles the Month-End Transmission settlement for all RTO’s.
Maintains up-to-date knowledge of RTO tariff’s and applications as well as all settlement rules; keeps DTEET Traders informed of any upcoming Settlement rule changes, as they apply, on a regular basis.
Works closely with General Accounting daily, and during the month end checkout process to quickly analyze and solve problems and answer any accounting questions.
Balances daily, weekly and end of month DTEET FRS customer contracts, ensuring that the data in ENDUR agrees with the Counterparty’s data.
_ KNOWLEDGE, SKILLS AND ABILITIES_
A Bachelor’s degree (or equivalent) from an accredited college or university in Finance or Accounting, with one or more years of experience in accounting, to provide for the following:
Ability to develop and maintain good working relations with Day Traders, Origination Traders, Schedulers, Hourly Traders, Accounting, Risk, IT etc.
Ability to read and understand OATI tags, and can manage the accounting for any curtailments to those tags
Familiarity to a Database accounting system (ENDUR accounting system, Web Trader deal capture systems).
Financial/Accounting background or Energy Settlement experience
Exceptional attention to detail
Intermediate knowledge of Microsoft Word and Excel and basic knowledge of PowerPoint
Experience with accounting software, SAP experience preferred
Strong financial and analytical ability
Possess strong problem solving skills that can generate the necessary procedures for resolution by self-implementation
Possess strong written and verbal communication skills including ability to communicate effectively with people at all levels
_ WORKING CONDITIONS_
The employee performs job duties in a climate controlled office environment, with a moderate noise level.
DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.
Requisition ID: 19854