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Settlements Analyst

Job LocationBirmingham
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeContract , full-time 12 month

Job Description

Settlements Analyst (12 month Fixed Term Contract)Reporting to the Head of Back OfficeBased in either Solihull or TeessideSalary: Negotiable - Whilst all salaries are graded, Sembcorp are keen to attract, retain and develop the highest calibre of colleague. Also, the company 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 Head of Back Office this position is responsible for ensuring settlement, trade lifecycle operations and invoice validation are carriedout in a timely manner. This role is an integral part of the trading function and a key support to the commerciality of deals transacted by the Front Office team, there will be a focus on continual process improvement and automationKey responsibilities:Stakeholder management for the daily Back Office tasks that support both internal commercial/trading teams and external customers.Assisting and improving the settlement team processes while the team work on a process automation projectAssist the Trading and Commercial teams by confirming physical commodity trades and accurately settling ancillary service data.Report month end revenue accruals to the Finance team within defined timescales.Perform time critical invoicing tasks for a gas, power and carbon portfolio.Provide essential support for the gas shipping and supply portfolio.Ensure team processes and procedures are constantly reviewed, documented and updated.Liaise with external counterparties and network operators to reconcile trades, meter data and flowsProactively resolve outstanding netting and invoicing issues respecting the appropriate escalation processesCompetently use external trading and invoicing systems whilst continually improving team processesRisk control and compliance duties are performed diligently to avoid financial exposure.Essential:Experience of working in an operational support team (preferably in the UK power and gas supply industry).Level of interpersonal skills to achieve effective working relationships with internal and external stakeholders.Strong numerical and analytical skills with applied proficiency of Microsoft suite.Experience of applied Excel and VBA coding is desiredProgramming experience using MATLAB or Python would be idealExperience of the UK power and gas wholesale markets would be beneficialA full UK driving licence is requiredRight to work in the UK is essentialSalary: Negotiable - Whilst all salaries are graded, Sembcorp are keen to attract, retain and develop the highest calibre of colleague.Discretionary performance-based bonus26 days annual leave plus bank holidaysStakeholder Pension SchemePrivate Health InsuranceGroup Income Protection SchemeLife AssuranceFlexible workingTraining and DevelopmentCycle to work scheme

Keyskills :
CommodityMatlabNettingCommercialityOperational Support

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