Settlements Analyst - Power and Gas
Settlements Analyst - Power and Gas

Settlements Analyst - Power and Gas

London Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Settlements Team to manage timely settlements and invoicing for energy trading.
  • Company: Be part of a global leader in energy trading and gas operations.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and learning.
  • Why this job: Gain hands-on experience in a fast-paced industry while collaborating with diverse teams.
  • Qualifications: Degree-level education and experience in gas or power settlements preferred.
  • Other info: Ideal for those looking to kickstart their career in the energy sector.

The predicted salary is between 42000 - 84000 £ per year.

About the Company

Our client is a global leader in energy, specialising in energy trading, gas transportation, and gas storage operations.

About the Role

The Settlements Analyst will be part of the Settlements Team within the Trading Operations Department and will be responsible for supporting the trading activities arising from the Power, Gas, Derivatives and FX desks in London, offering a unique opportunity to gain experience across a broad spectrum of commodity products within a dynamic, fast-paced environment.

Responsibilities

  • Settlement Management: Ensure the timely settlement of various products, including Physical Gas, Power, Environmental Products, Green Certificates, Derivatives, and FX Settlements.
  • Invoicing & Payments: Manage the timely production of invoices and payments for LNG and Shipping transactions, adhering to specific contractual terms. Ensure accurate pricing and due date calculations as per contract agreements.
  • Contract Understanding: Develop a thorough understanding of general and bespoke contract terms and conditions, particularly for LNG and shipping, and implement robust validation techniques.
  • Discrepancy Resolution: Address and resolve discrepancies or issues raised by counterparties.
  • Project Involvement: Participate in key business projects, including the implementation of new systems.
  • Support Front Office Operations: Assist the Front Office team by understanding new products and ensuring their integration into the settlements process.
  • Cross-Functional Collaboration: Work closely with the Front Office, Finance, and Settlements teams to improve trading systems, workflows, and processes.

Required Skills and Experience

  • Proven experience in gas or power settlements, ideally in a commodity trading firm.
  • Contract review experience from a settlements perspective.
  • Knowledge of ENDUR is ideal.
  • Experience working directly with trading counterparties, commercial operators, and traders is an advantage.
  • Degree-level education or equivalent.

Settlements Analyst - Power and Gas employer: TalentEdge

Our client is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation within the energy sector. Located in London, employees benefit from a dynamic environment that encourages professional growth through exposure to diverse commodity products and involvement in key business projects. With a strong focus on employee development and a commitment to excellence, this role as a Settlements Analyst provides a unique opportunity to thrive in a fast-paced industry while contributing to meaningful trading operations.
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Contact Detail:

TalentEdge Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Settlements Analyst - Power and Gas

✨Tip Number 1

Network with professionals in the energy trading sector. Attend industry events or webinars where you can meet people who work in settlements or trading roles. This can help you gain insights and potentially get referrals.

✨Tip Number 2

Familiarise yourself with the specific software used in the industry, such as ENDUR. If you don’t have experience with it, consider taking online courses or tutorials to boost your knowledge and show your commitment to learning.

✨Tip Number 3

Stay updated on market trends in gas and power sectors. Understanding current events and how they affect trading can give you an edge in discussions during interviews and demonstrate your passion for the field.

✨Tip Number 4

Prepare to discuss your experience with contract review and discrepancy resolution. Be ready to provide examples of how you've handled similar situations in the past, as this will showcase your problem-solving skills relevant to the role.

We think you need these skills to ace Settlements Analyst - Power and Gas

Settlement Management
Invoicing & Payments
Contract Understanding
Discrepancy Resolution
Project Involvement
Cross-Functional Collaboration
Knowledge of ENDUR
Experience in Gas or Power Settlements
Contract Review Experience
Communication Skills
Analytical Skills
Attention to Detail
Problem-Solving Skills
Understanding of Commodity Trading
Degree-level Education or Equivalent

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in gas or power settlements. Include specific examples of your work with commodity trading firms and any contract review experience you have.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of the responsibilities, such as settlement management and invoicing, and how your background aligns with these tasks.

Highlight Relevant Skills: Emphasise your knowledge of ENDUR and any experience working with trading counterparties. This will show that you have the technical skills necessary for the role and can hit the ground running.

Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects your attention to detail, which is crucial for a Settlements Analyst.

How to prepare for a job interview at TalentEdge

✨Understand the Industry

Familiarise yourself with the energy trading sector, particularly in gas and power. Knowing the current trends, challenges, and key players will help you demonstrate your interest and knowledge during the interview.

✨Showcase Relevant Experience

Be prepared to discuss your previous experience in settlements, especially within commodity trading. Highlight specific examples where you've managed invoicing, payments, or resolved discrepancies, as this will show your capability for the role.

✨Demonstrate Analytical Skills

As a Settlements Analyst, strong analytical skills are crucial. Be ready to explain how you've used these skills in past roles, particularly in contract review or data analysis, to ensure accuracy in settlements.

✨Ask Insightful Questions

Prepare thoughtful questions about the company's operations, the Settlements Team's role, and how they integrate with other departments. This shows your enthusiasm for the position and helps you assess if the company is the right fit for you.

Settlements Analyst - Power and Gas
TalentEdge
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