Manager of Fuels & Hedging, Lead Fuels Analyst or Senior Fuels Analyst

Tucson Electric Power - Tucson, AZ3.9

Contract
UNS Energy Corporation, headquartered in Tucson, Arizona, is a subsidiary of Fortis Inc., the largest investor-owned electric and gas distribution utility in Canada. UNS Energy Corporation’s public utility subsidiaries, Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., provide electric and gas service to customers in southern and northern Arizona. For more information about UNS Energy Corporation, visit http://www.uns.com.

Tucson Electric Power provides safe, reliable electric service to approximately 414,000 customers in Southern Arizona. Although our company has been in business for more than 120 years, we continue to look for innovative ways of providing value, comfort, convenience and security to our customers every day. We’re evaluating cutting-edge energy technologies, reshaping our energy portfolio and expanding our renewable power and energy-efficiency programs. While our line of work can be challenging, it can also be rewarding. Our team of dedicated professionals values engagement, enthusiasm, innovation and collaboration.

In return, TEP offers a competitive compensation and benefits package that includes a 401k plan with a generous company match, a company-sponsored pension plan, tuition reimbursement, life insurance, long-term disability insurance and much more.

We are currently seeking a talented individual for the position of Manager of Fuels & Hedging, Lead Fuels Analyst or Senior Fuels Analyst. The Fuels and Resource Planning group is responsible for developing the strategic plans for fuel procurement, power supply risk mitigation and the development of the Companies’ long-term resource plans for Tucson Electric Power (TEP), UNS Electric (UNSE), and UNS Gas (UNSG).

Fuels Analyst Position Description
The Fuels Analyst position supports the management of the Company’s fuel supply agreements including coal, rail and natural gas transportation. The candidate will have a strong knowledge of coal, natural gas, and wholesale power markets and how changing federal and state energy policies may impact the Companies’ resource portfolios.
Candidate will be responsible for managing the Companies’ long-term power supply and natural gas hedging models and will need to effectively communicate these complex planning strategies to senior management, utility regulators and fuel suppliers.
The candidate will develop a comprehensive understanding of the Companies’ Purchased Power Fuel Adjustment Clause (PPFAC) for TEP and UNSE as well as the Purchased Gas Adjustment Rider (PGA) for UNSG.
The position requires strong analytical and Excel modeling skills to perform routine analysis on fuel supply options, wholesale power transactions, and long-term resource decisions.
Candidate will develop a strong understanding of the Arizona Corporation Commission’s regulatory processes related to the oversight of the Companies fuel recovery clauses and plans of administration.

Essential Functions: (As defined under the Americans with Disabilities Act, these include the following responsibilities, minimum job knowledge, skills, and abilities. This is not necessarily an all-inclusive listing.)

Position-Related Responsibilities:
Performs monthly variance analysis and explains forecast variances related to the PPFAC and PGA.
Monitors fuel and transportation costs, as well as conducts market analysis, for negotiation opportunities on fuel and transportation contracts.
Develops a working knowledge of agreements for coal, rail, natural gas, and wholesale power.
Interprets contract provisions with respect to rate, billing, performance, and other matters under the terms of contracts as required.
Develops and maintains professional relationships with suppliers of fuel and fuel-related contract services. Routinely identifies and evaluates alternate suppliers for purposes of efficiencies and contingency planning.
Assists in the development of fuel and wholesale power price inputs used in the corporate planning and forecast models and for the annual fuel budget.
Develops an in-depth knowledge of gas pipeline transportation and coordinates gas planning details with Wholesale Marketing, System Operations and Resource Planning.
Provides both written and analytic support for federal and/or state regulatory filings.
Supports fuel and wholesale power hedging decisions through modeling and analysis.
Performs other functions as needed within the Fuels and Resource Planning department.

Management Position Description:
Candidate will be responsible for overseeing coal supply agreements, rail transportation agreements, long term natural gas transportation agreements, natural gas and power hedge planning, and fuel clause oversight for TEP, UNSE, and UNSG.
Candidate will be responsible for the development and management of the Companies’ long-term power supply and natural gas hedging models and will need to effectively communicate these complex planning strategies to senior management, utility regulators and fuel suppliers.
The candidate will develop a comprehensive understanding of the Companies’ Purchased Power Fuel Adjustment Clause (PPFAC) for TEP and UNSE as well as the Purchased Gas Adjustment (PGA) Rider for UNSG.
The candidate will have extensive knowledge of coal, natural gas, and wholesale power markets and how changing federal and state energy policies may impact the Companies’ resource portfolios.
Candidate will also have existing knowledge and will be willing to develop a strong understanding of load forecasting, resource planning, renewables, and energy efficiency.
The position requires strong analytical and Excel modeling skills to perform routine analysis on fuel supply options, wholesale power transactions, and long-term resource decisions.
Candidate will develop a strong understanding of the Arizona Corporation Commission’s regulatory processes related to the oversight of the Companies fuel recovery clauses and plans of administration

Management Performance Measures:
Oversee the development and maintenance of the Companies’ fuel supply and hedging models.
Represent the Companies in regulatory matters related to fuel cost recovery.
Maintain strategic relationships allowing for effective negotiation of fuel supply and hedging arrangements.
Provide supervision and direction for Fuels and Resource Planning staff to meet department objectives.
Prepare and present clear and complete reports/presentations of fuel procurement and power supply hedging to senior management.

Knowledge, Skills and Abilities:
(Equivalent combination of education and experience will be considered.)

Senior Analyst
Description
Performs technical analysis as needed. May have several projects assigned at the same time. Will assist in training of level I or II Fuels Analysts.
Minimum Qualifications
Bachelor of Science degree in Engineering, Economics, Finance, Accounting, or related field(s), or equivalent combination of education and experience. Related internships and direct work experience may be considered.
Preferred Qualifications
Preferred experience with modeling fuel contracts and knowledge of ACC and FERC accounting procedures. Must have strong quantitative and analytical skills.
In addition to the above, candidate must have a minimum of 5 years of energy supply planning, fuel procurement contracting or energy risk management experience. Must have demonstrated utility business experience and strong communication skills.
Broad understanding of utility business concepts including the effects of decisions on the regulatory process. Working knowledge or the ability to learn utility based computer simulation planning models such as PROMOD, Planning & Risk, or AuroraXMP.
Lead Analyst
Description
A top-level individual contributor who manages the ongoing projects within the department. Has supervisory experience and strong communication skills
Minimum Qualifications
Candidate must have a minimum of 7 years of energy supply planning, fuel procurement contracting or energy risk management experience.
Preferred Qualifications

Extensive knowledge of energy supply planning, fuel procurement contracting, energy risk management, and regulatory procedures of the Arizona Corporation Commission.

Manager Qualifications:
Minimum of 10 years of energy supply, fuel procurement contracting or energy risk management experience. Bachelor of Science degree in Engineering, Economics, Finance, Accounting, or related field(s), or equivalent combination of education and experience. Master’s degree and/or CFA preferred.
Must have strong quantitative problem solving and analytical skills.
Must have demonstrated utility business experience and strong communication skills.
Advanced knowledge of financial instruments.
Must have an advanced working knowledge of Microsoft Word, Excel and PowerPoint.
Working knowledge or the ability to learn utility based computer simulation planning models such as PROMOD, Planning & Risk, or AuroraXMP.
Demonstrated ability to influence and lead at all levels of the organization, with business acumen, risk taking, emotional intelligence, stress tolerance.

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