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Settlement Analyst (Natural Gas)

This job posting is no longer active.


Koch Energy Services (KES) is seeking a highly motivated and self-driven Settlement Analyst to join our team, located at the Koch Industries Campus in Wichita, KS. In this role you will provide execution of the natural gas settlement accounting and related analysis activities. This position will require someone who has a passion for customer focus, influential problem-solving skills and enjoys learning and leveraging technology to transform efficiency and effectiveness.

Settlement Analysts within Koch Energy Services are involved with business transactions and decisions and interact with a diverse group of people within accounting, information technology, trading, marketing, operations, risk, and other Koch companies. Additionally, you will gain a solid understanding of the company you support, including profit drivers, industry, competitors, and the market in which the business competes. This role will be an integral part of the business teams.

What You Will Do In Your Role

  • Participate in daily, weekly, and monthly settlement of physical and paper trading activity (Accounts Payable/Receivable)

  • Coordinate with counterparties to resolve invoice reconciliation discrepancies proactively and timely with others across capabilities including scheduling and trading team to improve overall customer experience 

  • Assure accuracy and integrity of activity recorded in general ledger

  • Assist with generation of invoicing statements and cash forecasting, communicating progress with settlements lead and accounting team

  • Work within accounting team on responsibilities during busy times with cross training, ad-hoc reporting, audit inquiries, and process improvements

  • Prepare regulatory filings for various government entities

  • Develop an understanding of the market structure and build relationships with internal and external counterparties, traders, position managers, operations and other KES capabilities

  • Reconcile commodity activity between facility statements and ETRM system to ensure data integrity, as well as communicating impacts to commercial and accounting teams

  • Understand contract details, fees, rates, and payment schedules to ensure all items for payment are captured in a timely manner

  • Identify, recommend, and implement process improvements around settlement and accounting processes using sustainable technology solutions

  • Be knowledgeable of and ensure compliance with trading standards and other compliance requirements

The Experience You Will Bring


  • Bachelor’s degree or higher in Finance, Accounting, Economics or related Business field

  • Experience collaborating with diverse groups (i.e. Accounting, Operations, IT and external Vendors)

  • Experience gathering and converting data into meaningful information for stakeholders by leveraging software and other state of the art tools

  • Strong aptitude and desire for learning new systems and improving processes through automation

  • Microsoft Office Suite or Office 365; with proficient skills in Outlook, Word, Excel and PowerPoint

What Will Put You Ahead

  • Previous experience performing accounting or financial analysis 

  • Working knowledge of commodity trading and trading fundamentals in the Natural Gas industry

  • Open LinkEndur or similar ETRM system experience

  • Tableau(ability to create visualization of data)

  • Alteryx (ability to work with and manipulate large sets of data)

  • Advanced/Expert level MS Excel skills 

  • Previous success with automation/bot building, RPA (robotic process automation)

Salary and Benefits Commensurate with Experience.
Equal Opportunity Employer.
Except where prohibited by state law, all offers of employment are conditioned upon successfully passing a drug test.

This employer uses E-Verify. Please visit the following website for additional information: www.kochcareers.com/doc/Everify.pdf


This job posting is no longer active.

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