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Back Office Settlement Specialist
2 months ago
Job Title: Senior Settlements Analyst
Company: Sembcorp Industries Ltd
Location: Hybrid (Solihull or Wilton)
Job Type: Full-time
Salary: Negotiable
Benefits: Market-leading benefits package and annual bonus
Job SummaryWe are seeking a highly skilled Senior Settlements Analyst to join our SEUK Back Office team. As a key member of the team, you will be responsible for providing accurate and timely reporting to facilitate the validation of all Back office related settlement activities.
Key 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 compliance 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 team's SME for any settlement disputes and internal change projects.
- 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.
We offer a market-leading benefits package and annual bonus, as well as opportunities for professional growth and development.
