Financial Services Analyst (Revenue and Fuel Accounting)
Accounting & Finance, IT
San Antonio, TX, USA
We are engineers, high line workers, power plant managers, accountants, electricians, project coordinators, risk analysts, customer service operators, community representatives, safety and security specialists, communicators, human resources partners, information technology technicians and much, much more. We are 3,500 people committed to enhancing the lives of the communities we serve. Together, we are powering the growth and success of our community progress every day!
Pay Grade
12*
Deadline to apply: October 21, 2026 at 11:59 p.m. CT
*Qualifications may warrant placement at a different job level.
Position Summary
Performs complex accounting reconciliations and associated financial analysis on revenue and fuel accounts; performs technical accounting research to determine proper implementation of complex accounting standards and prepares various auditing schedules. Prepares, reviews and monitors the revenues, fuel transactions, financial reports and activity to ensure transactions have been properly recorded and reported. Prepares analysis and reporting on retail bad debt allowance, miscellaneous receivables and financial ratios and prepares earnings monitoring report. Prepares PBC’s and X-files for the financial audit and other assigned projects and tasks. Responsibilities may include working with other departments within Controller, Financial Services and customers outside of Financial Services.
Tasks and Responsibilities
- Prepares, reviews, and monitors fuel energy transactions, reports, and activity to ensure transactions have been properly recorded and reported.
- Prepares accounting entries for ERCOT payables and receivables, miscellaneous receivables, various revenue accounts, etc., and conducts research and analysis in those areas.
- Prepares the monthly retail Bad Debt Allowance Expense and prepares receivable aging reports.
- Performs complex statistical/variance/trend analysis on accounts/reports.
- Performs numerous account reconciliations and roll forwards, some highly complex.
- Prepares and analyzes financial statements, such as the Statement of Revenues, Expenses and Changes in Net Position, Sales, Revenue and Fuel/Gas Cost Summary, and analyzes the relationship and variances therein among other financial statements.
- Prepare various internal and external reports related to retail and wholesale revenues and expenses.
- Perform accounting research and formally document findings by preparing white papers on various topics.
- Prepares Hurricane (mutual aid) and TxDOT invoice billings, and coordinates billing and collection projects.
- Performs other projects and process improvement initiatives as assigned.
- Prepares numerous PBCs and X-files for the financial audit and assists with proofreading and reviewing the audited financial package.
- Prepares and delivers presentations and data to upper management and addresses and researches questions.
Minimum Skills
Minimum Knowledge and Abilities
Preferred Qualifications
- Master’s degree or relevant Certification.
- Extensive experience as an accountant/analyst or in a related field.
- Extensive knowledge and experience in Microsoft Excel.
- Proficient in SAP, PeopleSoft, or Hyperion.
- Relative experience in supporting the electric or gas utility industry.
Competencies
Minimum Education
Required Certifications
Working Environment
Physical Demands
CPS Energy does not discriminate against applicants or employees. CPS Energy is committed to providing equal opportunity in all of its employment practices, including selection, hiring, promotion, transfers and compensation, to all qualified applicants and employees without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, citizenship status, veteran status, pregnancy, age, disability, genetic information or any other protected status. CPS Energy will comply with all laws and regulations.