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Senior Settlements Analyst
3 months ago
Senior Settlements Analyst
Reporting to Back-Office Manager
Based in: Wilton
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.
