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Senior Settlements Analyst

2 months ago

Solihull West Midlands, United Kingdom Sembcorp Industries Ltd Full time

Senior Settlements Analyst

Reporting to Back-Office Manager

Based in: Solihull OR Wilton - Hybrid

Salary: Negotiable - Whilst all salaries are graded, Sembcorp are keen to attract, retain and develop the highest calibre of colleague. The company also offer a market leading benefits package and annual bonus.

Position overview:

SEUK Back Office team perform time critical support for Trading, Commercial and wider Finance operations. Reporting to the Back-office Manager and will provide accurate and timely reporting to facilitate the validation of all Back office related settlement activities. On a regular basis, you and the team will liaise with several different external counterparties across the Power and Gas, including National Grid, Elexon as well as regulatory bodies.

The Back-Office team sit within the finance function with the Back-Office Manager reporting into the CFO.

Key Roles And Responsibilities:

  • Lead and perform daily, weekly and monthly Back Office settlement tasks by working closely with both internal commercial/trading teams and external customers and suppliers.
  • Lead and perform all time critical invoicing tasks and proactively resolve outstanding netting and invoicing issues respecting the appropriate escalation processes.
  • Lead and provide essential support for the gas shipping, power supply and ancillary services portfolios.
  • Liaise with external counterparties and network operators to reconcile trades, meter data and flows.
  • Liaise with National Grid by raising queries and disputes where required.
  • Report month end accruals to assist the Finance team with the month end close reporting.
  • Assist the team in submitting and ensuring we are compliant with regulatory reporting as advised by the compliance team.
  • Competently use external trading and invoicing systems whilst continually improving team processes.
  • Ensure team processes and procedures are constantly reviewed, documented and updated.
  • Risk control and compliance duties are performed diligently to avoid financial exposure.
  • Support the training and development of other settlement analysts. Be the teams SME for any settlement disputes and internal change projects.

Qualification, Skills and Experience:

  • Minimum 5 years’ experience of working in an operational and settlements support team (preferably in the UK power and gas supply industry).
  • Good people management skills and experience
  • Excellent communication and interpersonal skills, with the ability to effectively engage and collaborate with stakeholders at all levels of the organisation.
  • Strong numerical and analytical skills with applied proficiency of Microsoft suite.
  • Experience of applied Excel is desired.
  • Experience of the UK power and gas wholesale markets would be beneficial.
  • A full UK driving license is required.
  • Right to work in the UK is essential.

For more information on this opportunity please contact at retained recruitment partner Travis Townsend at Imperial Recruitment Group