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Cost Stack Manager

2 months ago


Redhill Surrey, United Kingdom TotalEnergies Full time

Why join TotalEnergies Gas & Power

As the UK’s leading gas and electricity supplier to businesses and the public sector. We are committed to helping our customers become carbon net zero by 2050 through superior service, competitive prices, and innovative products.

It’s an exciting time to join TotalEnergies as we continue to expand the business to become a leading international player in renewable energies. There is a commitment to net-zero and an aim to become one of the world’s largest renewable energy companies by the end of this decade.

Pay and benefits

Salary: Flexible Salary

Bonus: Up to 20%

Contract type: Permanent

  • Generous employer Pension Contributions up to 15%
  • Life Assurance
  • Company share scheme
  • Annual Leave 28 days, plus bank holidays
  • Gym Membership
  • Private Medical Health and Dental Care
  • Ride to Work Scheme
  • Employee Assistance Programme
  • A positive work-life balance with hybrid working arrangements
  • An inclusive culture in which everyone can express and develop their potential
  • The opportunity to give back to the local community by spending 3 days a year volunteering

We have an exciting new opening to develop their career at one of the leading energy suppliers. Cost stack Manager, you will take a leading role ensuring that Total Gas & Power’s pricing includes accurate cost assessments for both the current and future market conditions for non-commodity charges.

This role is crucial to the profitability of TotalEnergies Gas & Power and the successful candidate will need to ensure that cost models are up to date and keep on top of ongoing regulation changes. They will also have to present and justify changes to costs and highlight areas of uncertainty.

Another crucial aspect will be to build and maintain strong collaborative relationships within sales, marketing & operational functions to ensure costs are managed across the business.

With coaching, support and an excellent support network it would be a great fit for an experienced analyst or commercial lead looking to accelerate their influence on the performance and growth of an ambitious and successful organisation.

The successful candidate will be responsible for:

  • Manage and feeding formation into forecasting models for all non-commodity charges across gas and power
  • Monitoring regulation changes affecting industry costs and analysing impacts
  • Engage with pricing team to ensure pricing systems are updated timely and accurately
  • Quarterly review and submission of TNUoS forecast to National Grid
  • Looking at demand trends and other economic information to formulate forward views
  • Highlighting risks and feed this in the Commercial team and the ongoing development of the Commercial Strategy
  • Monitor inflation, using external forecasts to assess levels required in internal models

Requirements and Skills:

  • Strong analytical & problem-solving skills
  • Commercial acumen; a background in finance advantageous
  • Ability to present, interact and influence at Director level
  • Ability to extract key drivers from models for non-commodity and build forward view
  • Ability to extrapolate assumptions based on analysis of historic data and insight into future market conditions
  • Confident to query with networks and industry organisations when data is not as expected

We continually strive to bring together our vision and values: To be the UK’s most trusted energy supplier – we deliver what we promise

We recognise that our employees are one of our most important assets. If you are looking for a fast-paced company and with a global brand and a strong UK presence that actively invests in its people, this is an excellent opportunity to work within a friendly, proactive successful team.

Diversity and Inclusion

One of our values is respect for each other. Creating an inclusive environment in which everyone can express and develop their potential, from the moment they are hired and throughout their career, means ensuring that all our employees have the same opportunity to succeed, regardless of origin, gender, age, disability, sexual orientation, gender identity or affiliation with a political, religious, union, organization or minority group.

This is our vision of diversity, which is an asset for our Group as well as for the individuals who embody it. Preserving and promoting this asset is another part of being a responsible employer.