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Senior Settlements Analyst

2 months ago

Solihull, United Kingdom Sembcorp Industries Ltd Full time

Senior Settlements Analyst


Scroll down the page to see all associated job requirements, and any responsibilities successful candidates can expect.

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