Settlements Analyst

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We\’re more than an energy company. We\’re a family of brands revolutionising how we power the planet. We\’re energisers. One team of 21,000 colleagues that\’s energising a greener, fairer future by creating an energy system that doesn\’t rely on fossil fuels whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That\’s why working here is #MoreThanACareer. We do energy differently-we do it all. We make it, store it, move it, sell it, and mend it.

Centrica Energy (CE) is the trading arm of Centrica. We trade gas, power, LNG and provide the route to market for our upstream and power generation operations.

About your role:

We have an exciting opportunity for a Settlements Analyst to join our Settlement Operations department on a 12-month fixed-term contract. The Settlement Operations team is a crucial function within Centrica Energy. The team is accountable for the back end of the trade life cycle i.e., invoicing and settlement and the team\’s activities are critical in supporting the business achieve its ambitious growth targets whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial or reputational.

In this role, you will be responsible for the creation and dispatch of trading invoices, as well as the receipt, validation and processing (with support from other functions as required) of invoices, for both vanilla and complex products, including physical OTC trades, swaps and options, power purchase agreements and renewable certificates within contractual timelines.

Location: The role is based out of our central London office (close to Marble Arch) with 3 days per week based within the office.

Responsibilities of the role:

You will be expected to learn Centrica Energy\’s ETRM and banking systems quickly to efficiently operate settlement processes and help in developing, automating and optimising processes to bring efficiencies and improved controls. The Settlements Analyst will be used to working in a high volume, automated, process driven environment where speed and accuracy are imperative.

You will be accountable for timely and accurate invoicing and settlement of Centrica Energy\’s commodity transactions. This includes:

Settlement of physical OTC trades, swaps and options, and renewable certificate transactions

Accurate and timely creation and issue of invoices for all products as well as the validation of invoices and payments within contractual timelines

Processing netting statements for physical and financial settlements

Ensuring funds are received and paid on time

Ensuring accurate input into the cash liquidity process for Group Treasury

Managing the resolution of operational issues and queries from internal / external parties

Supporting management in the day-to-day monitoring of workflows, queues and tasks

Assisting in the training and development of other team members

Contributing to continuous improvement initiatives, to drive efficiency and improved performance (e.g., system enhancements and automation).

Here\’s what we\’re looking for:

Knowledge of settlement activities, the trade life cycle and trading systems

Proactive in identifying and driving improvements in processes, systems and controls

Numerate and highly organised with an excellent attention to detail

Strong analytical and problem-solving skills, with the ability to think and act independently

Ability to communicate effectively, stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential.

Why should you apply?

We\’re not a perfect place, we\’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That\’s why we\’ve designed our total rewards to give you the flexiblity to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we\’re a great place to work and what being part of more means for you.

If you\’re full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority. xiskglj

Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.

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