Description - External
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Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America's energy. We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children's Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.
We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.
Come join our award winning over 12,000 strong organization as we fuel the world and each other!
Position Summary
The Associate Specialist supports the financial, operational, and regulatory functions of ET Power Operations. This role is responsible for ensuring accurate invoice processing, budget tracking, market reporting, and compliance with regulatory reporting requirements.
The analyst plays a key role in supporting value creation by maintaining strong financial controls, providing performance reporting, and facilitating coordination between front office (commercial/trading), mid office (risk/analytics), and other internal teams.
This position contributes to optimizing power generation assets by supporting early-in-service readiness, protecting critical infrastructure, and helping hedge exposure to real-time power markets through accurate data, reporting, and back-office execution.
Essential Duties and Responsibilities
Financial & Invoice Management
- Review, process, and track invoices related to power generation operations
- Reconcile invoices against contracts, generation activity, and internal records
- Monitor and report variances between actuals and budget/forecast
- Support accruals and month-end close processes in coordination with accounting/finance
- Investigate and resolve discrepancies with vendors, counterparties, and internal stakeholders
Budgeting & Performance Tracking
- Track operating costs and capital expenditure against approved budgets
- Prepare variance analyses and provide insights on cost drivers
- Assist in forecasting and budget updates for generation assets
- Support financial transparency for decision-making and cost optimization
Regulatory & Compliance Reporting
- Prepare and submit routine regulatory reports to applicable entities (e.g., ISO/RTOs, FERC, state agencies)
- Maintain documentation and audit trails for compliance requirements
- Monitor deadlines and ensure timely, accurate reporting
- Coordinate with legal, compliance, and regulatory teams as needed
Market & Asset Performance Reporting
- Compile and distribute weekly and monthly reports on:
- Power market activity
- Generation asset performance
- Dual Drives asset performance
- Revenue and cost metrics
- Support analysis of real-time vs. hedged market exposure
- Collaborate with mid office to validate data and performance metrics
Cross-Functional Coordination
- Serve as a liaison between:
- Front office (trading, scheduling, commercial strategy)
- Mid office (risk, analytics, valuation)
- Accounting, finance, and regulatory teams
- Ensure alignment of data, reporting, and financial records across teams
- Support operational readiness for new assets coming online
Back Office Operations & Controls
- Maintain accurate records of transactions, contracts, and operational data
- Support development and improvement of back-office processes and controls
- Ensure data integrity across systems used for settlements, reporting, and analysis
- Assist with audits, internal reviews, and compliance checks
Process Improvement & Value Creation
- Identify opportunities to improve efficiency in reporting, tracking, and workflows
- Support implementation of tools, automation, or system enhancements
- Contribute to initiatives that enhance cost control and operational performance
- Help strengthen internal processes that support hedging strategies and risk management
Requirements:
- Bachelor's degree in in a quantitative field of study such as business, accounting, finance, or STEM fields of study with 0-2 years of relevant experience.
- Experience working with electrical cooperatives, municipalities, regulated or unregulated electric utilities and the unique attributes and constraints of each is preferred.
- Exposure to basic accounting, treasury functions, and information system.
- Ability to develop data templates in spreadsheets and databases.
- Ability to code in visual basic or other common languages a plus.
- Demonstrated analytical, organizational and problem-solving skills
- High level of communication skills, both written and verbal
- Self-starter with ability to learn quickly
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Occasional overnight travel may be required.