NiSource

Senior Settlement Analyst (hybrid)

NiSource$82K — $123K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in a business discipline.
  • 4-6 years of finance, accounting, regulatory or related experience.
  • Proficient in financial principles and MISO charge type.
  • Experience with third-party shadow settlement systems.
  • Strong analytical skills to detect trends from various information sources.
  • In-depth knowledge of Microsoft Excel and data analytics tools, including Power BI.
  • Strong presentation and communication skills.

Responsibilities

  • Identify issues and analyze data to recommend solutions.
  • Compile and format data for internal and external reporting.
  • Support regulatory initiatives through data collection and document preparation.
  • Reconcile financial statements and shadow settlement systems.
  • Facilitate collaboration within various departments to address market settlement processes.
  • Ensure documentation of work performed meets quality standards.
  • Identify opportunities to enhance efficiency through process improvements.

Benefits

  • Commitment to quality and professional development.
  • Inclusive workplace culture that values diverse perspectives.
  • Opportunities for involvement in emergency response efforts, especially during critical times.
  • Support for veteran hiring and promoting military community inclusion.
Full Job Description
Senior Settlement Analyst

We are open to hire at either the Senior or Lead Market Settlement Analyst level, depending on experience (salary band and job requirements listed are for senior level)

Essential Functions
  • Identifies and understands issues, problems, and opportunities; compares data from different sources to draw conclusions; uses effective approaches for choosing course of action or developing appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences. (Professional Judgement)
  • Compiles, organizes and formats data, including qualitative analysis required for internal and external reporting. Identifies and researches reporting issues, provides recommendation, assists with adoption of new reporting requirements. (Reporting)
  • Recognizes situations where the regulatory framework and rate case outcomes drive our business; supports regulatory initiatives by gathering data and preparing regulatory schedules and/or preparing pro-forma calculations, testimony and data requests; assists with review and analysis of regulatory documents; appreciates the application of the regulatory construct to our business. (Regulatory)
  • Understands terminology and developments related to the MISO and the market settlement process; knows how to reconcile the third-party shadow settlement system and financial statements; able to design test scripts and to perform testing of internal controls for Sarbanes-Oxley purposes; knows when to and can apply technical knowledge to processes, procedures, and tasks. (Technical/Professional Knowledge and Skills)
  • Demonstrates a working knowledge of financial statements, metrics and measures, and key strategic business initiatives; understands and utilizes economic and industry data as it relates to job responsibilities. (Business Acumen)
  • Demonstrates a working knowledge of the MISO transmission and energy markets. Has a general knowledge of other departments within the electric part of Energy Supply and Optimization (ES&O) organization. Collaboratively develops solutions between and within ES&O and Accounting and Rates; Verify and prepare documentation related to the cash settlement process for MISO. (Understanding Market Settlements)
  • Demonstrates our commitment to quality by documenting work fully and accurately. (Documentation of Work Performed)
  • Takes action to identify, analyze and improve existing processes within our organization to maximize opportunities for efficiency and effectiveness and meet new goals and objectives. (Continuous Process Improvements)


Required Qualifications For Position
  • Requires 4 year degree in business discipline
  • 4-6 years experience in Finance, Accounting, Regulatory or a related field
  • Requires knowledge of PC applications
  • Knowledge proficiency of Finance and Accounting principles, including the relationships between segments of the financial statements (e.g. balance sheet, income statement, and cash flow)
  • Knowledge proficiency of MISO charge type, including the relationship between segments of the settlement statements (e.g. MISO markets, NIPSCO resources, NIPSCO load)
  • Operation of third-party shadow settlement system to understand, report and verify charges and credits submitted by MISO
  • Analyze information from a variety of sources to detect trends, associations, cause-effect relationships and other anomalies and make recommendations.
  • Effectively manages time to ensure deadlines are met and quality is achieved.
  • Possess an in-depth knowledge of Microsoft Excel pivot tables, macro creation, and statistical analysis, as well as, data scrubbing and creation of Power BI dashboards or other Data Analytics tools.
  • Presentation skills, verbal and written communication skills
  • Experience with writing prompts for use in Copilot

Preferred Additional Qualifications for Position
  • MBA
  • Prefer multiple functional experience


As a public utility, NiSource provides essential services to customers 24/7. Emergency needs can arise at various times throughout the year, including during storm season. Employees may be required to support emergency response efforts, which could include working outside normal hours or assisting with tasks outside of typical responsibilities.

Work Authorization

Candidates must be legally authorized to work in the United States and must not require employer sponsorship now or in the future.

Workplace Connection
We value a workplace where everyone feels respected, included, and able to do their best work. We encourage open dialogue, value different perspectives, and work collaboratively with employees, customers, and partners.

We recognize and respect the unique experiences people bring, including different backgrounds, cultures, and viewpoints. We treat others with professionalism and care, and we each play a part in creating a positive work environment.

Veteran Hiring & Inclusion

NiSource is proud to support veterans, transitioning service members, and military spouses. We value the leadership, teamwork, and mission-focused experience the military community brings, and we are committed to providing an inclusive workplace with opportunities for professional growth and development.

Salary Range*:
$82,200.00 - $123,200.00

*The salary offered to a candidate is based on several factors including but not limited to the candidate's skills, job-related knowledge, and relevant experience, as well as internal pay equity.

Posting Start Date:
2026-09-11

Posting End Date (if applicable):
2026-09-25Please note that the job posting will close on the day before the posting end date.

About NiSource

NiSource is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource is dedicated to providing customers with safe, reliable and affordable energy. Headquartered in Merrillville, Indiana, NiSource operates in seven states.
Learn more about NiSource
Size
7,272 employees
Market Cap
$11.2 billion
Industry
Net Income
-$17.6 million
Founded
1912
5 Year Trend
+0.1%
Revenue
$4.6 billion
NASDAQ

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