Summer 2024 Settlements Intern at Southwest Power Pool in Little Rock, Arkansas

Job Description:

Southwest Power Pool (SPP) is about more than power. We’re about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas’ Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!

We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.

Overview

The Settlements internship will consist of 10 – 12 weeks of fulltime Settlements work. The Settlement Intern is responsible for support of market and/or transmission settlements, or other entry-level tasks as needed.  The Settlement Intern provides support for the settlement staff, Supervisor of Settlements, Manager of Settlements, and Director of Settlements as necessary

Essential Functions

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• Primary support of daily market or transmission settlement production activities
  
  
  
  • Perform pre-settlement validations of billing determinants from source system interfaces
  
  
  • Perform settlement runs and posting activities in accordance with the market or transmission settlement calendar
  
  
  • Perform post-settlement validations for daily settlement statements and other reports for market participants
  
  
  • Ensure compliance with all settlement control activities subject to the annual SOC1 audit including maintenance of all documentation providing evidence of performance of those activities
  
  
  
  


• Track and document progress on applicable production activities


• Assist on special projects as assigned. Examples:
  
  
  
  • Tableau Report Development
  
  
  • Unit testing of the calculations
  
  
  • Member testing support
  
  
  • Update market or transmission settlement process documents
  
  
  
  


• The Settlements Intern is expected to be competent with the administrative and communication tools for word processing, spread sheet development, time keeping, etc. 


• The Settlements Intern should provide basic support to help project groups meet aggressive time schedules


• Settlements Intern is expected to embrace and promote the SPP Culture, Mission and Core Values in attitude toward stakeholder relationships, current work assignments as well as long term goals and strategic initiative of the organization.  The Settlements Intern should incorporate a fundamental working understanding of the SPP Culture Drivers, Mission and Core Values and apply this directly to all Settlements assignments and any SPP related effort, not necessarily limited to Settlements.


• Resolve data errors in the operations of settlement computations

Update market or transmission settlement process documents as changes to processes are made

• Respond to requests for data and financial analysis


• Assist Director of Settlements, Manager of Settlements, Supervisor of Settlements, and other SPP staff as necessary


• Comply with SPP Policies and Procedures

Education Requirements:

• A college student entering Senior year, working towards a Bachelor’s degree in Accounting, Finance, Business, Computer Science, Information Technology or related field


• 0 GPA or above

Experience Requirements:

• No experience required

Preferred:

• Proficient computer skills including Word, Excel, and PPT.


• Financial, analytical and problem-solving abilities


• Experience with any of the following could be utilized: SQL, SAS, Groovy, Java, Linux, Tableau, Oracle, Mongo


• Ability to communicate effectively with settlement analysts, accountants, engineers, management and senior management. This communication, both written and oral, is for the purposes of requests, analysis, coordination, guidance and presentations


• Strong interpersonal skills and customer focus


• Knowledge of computer business applications and data base management systems


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Work Environment:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical and Mental Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job successfully.

While performing the duties of this job, the employee is regularly required to make decisions, interpret data, and problem solve.

• The employee frequently is required to stand or sit for extended periods; use hands to operate a computer keyboard and standard office equipment.


• The employee must occasionally lift and move up to 10 pounds.


• Requires the ability to work and collaborate with managers and employees at all levels to exchange ideas, information, and opinions to facilitate the task.


• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.

Position Type and Expected Hours of Work:

This is an intern position. Days and hours of workweek are Monday through Friday; 8:00 a.m. to 5:00 p.m. 

Travel Requirement:

This position requires no travel

Should you elect to apply for this position SPP will review your qualifications and if after reviewing the qualifications and experience of all applicants, your skills and credentials meet our needs, someone from our organization may contact you. Please be advised that the time required to complete the applicant review process typically takes between 30 and 90 days, but could extend beyond that. Once the position has been filled, all applicants will be notified via email.

Southwest Power Pool is an Equal Opportunity Workplace and an Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, age or any other protected category.

The Americans with Disabilities Act (ADA) defines “reasonable accommodation” as a change or adjustment to a job or work environment that allows a qualified individual with a disability to satisfactorily perform the essential functions of a particular job, and does not cause an undue hardship for the employer. SPP adheres to the ADA and reasonable accommodations may be made to enable a qualified individual with a disability to perform the essential functions.

 

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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)

See job description

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