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Settlement Analyst

Georgia-Pacific - Houston, TX

Who are we? Watch to find out!

Koch Energy Services, LLC and Koch Canada Energy Services, LP are natural gas supply, marketing and distribution companies with offices located in Wichita, Kansas, Houston, Texas and Calgary, Alberta and is a subsidiary of Koch Ag & Energy Solutions, LLC. 

Koch Energy Services and Koch Canada Energy Services manage approximately 2.2 BCFD of natural gas demand throughout North America.  The companies lease transport and storage and actively trade across all major natural gas hubs.  Koch Energy Services adds value through its expertise in market analysis, physical gas and power trading, marketing capabilities, and innovative energy solutions.

THE OPPORTUNITY: 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.  Opportunity for the analyst to bring innovative ideas and solutions through automation to the team. 

We are seeking a highly motivated and self-driven Settlement Analyst to provide execution of the natural gas settlement accounting and related analysis activities for Koch Energy Services (KES).   

The Settlement Analyst is responsible for the following activities for their regional team:  

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

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

Assist with related projects and analysis

Work outside of normal business hours may be required at times 

What You Will Need:

Basic Qualifications:

General accounting knowledge of payables, receivables and inventory

Bachelor's or Master's degree in Accounting, Finance or Business OR Associates Degree in Accounting, Finance or business with 3 years’ experience in accounting or business

Strong analytical, critical and economical thinking and problem-solving skills

Strong communication skills in a team-oriented, open work space environment

Ability to multi-task, grasp complex issues, as well as pay strict attention to details

Proficient with Microsoft Office applications including MS Excel

What Will Put You Ahead:

Preferred Qualifications:

Working knowledge of commodity trading and trading fundamentals in natural gas industry

1 years Commodity Settlement experience

Bachelor's or Master's degree in Accounting, Finance or Business

OpenLink Endur or similar ETRM system experience

Proven change agent and success with automation/ bot building, light IT skills

Want to learn more about KAES?

This role is not eligible for visa sponsorship.

Salary and benefits commensurate with experience.

We are an equal opportunity employer. Minority/Female/Disabled/VeteranExcept 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:

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13 days 7 hours ago



Settlement Analyst Georgia-Pacific - Houston, TX, United States


Location: Houston, TX

Company Profile:
Georgia-Pacific is one of the world's leading manufacturers of tissue, pulp, paper, packaging, building products and related chemicals. We believe in creating long-term value for our company, customers and business partners. Our nearly 35,000 employees are guided by Market Based Management® principles, which are based on integrity and compliance. These principles challenge us to achieve world-class excellence by constantly finding new and better ways to manufacture products and support the needs of our customers.