Settlements Analyst

  • Location

    London

  • Sector:

    Finance & risk

  • Salary:

    Competitive

  • Contact:

    Orit Brown

  • Contact email:

    orit@elevenrecruitment.com

  • Job ref:

    J6613

  • Published:

    about 1 month ago

  • Expiry date:

    2019-09-18

  • Start date:

    ASAP

  • Consultant:

    #

We have an exciting opportunity with an expanding Energy Trading company for a Settlements Analyst.   
Location is commutable from London on the M4 corridor.    

This is a new position responsible for the delivery of a range of payment and billing processes associated with the trading activity in the UK Power and Gas markets.    
The role provides a great opportunity for an experienced individual in the Energy sector to help develop and operate the daily settlements and reconciliation processes.

Purpose of Role:

  • Develop and manage operational processes for the reconciliation of:
  • EPEX power trades
  • Imbalance payments and balancing mechanism cashflows
  • Gas consumption, trades and imbalanceso Network charges
  • Ancillary Services
  • Own and manage pricing inputs to the trading system
  • Settlements of power and gas forward trades
  • Internal Reporting
  • Work closely with the accounts team to understand accounting requirements, improve   processes and deliver timely and accurate information
  • Ensure all operational processes and procedures are regularly reviewed, documented and   updated
  • Monitor and explain P&L movements
  • Capture and monitor credit requirements and collateral and margin payments

Skills and Experience:

  • Energy sector experience, particularly prompt UK Power and Gas
  • Experience of settlement / invoicing processes for energy trades and related products
  • Competent and skilled in numerical analysis
  • Attention to detail
  • Strong IT skills, particularly Microsoft Excel
  • Proactive attitude and ability to self motivate and problem solve
  • Good interpersonal skills