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: Gain hands-on experience in a dynamic environment with opportunities for growth.
- Why this job: Perfect for those passionate about energy and trading, with a chance to impact the industry.
- Qualifications: Degree-level education and experience in gas or power settlements preferred.
- Other info: Collaborate with various teams and participate in exciting business projects.
The predicted salary is between 36000 - 60000 £ 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
Contact Detail:
TalentEdge Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Settlements Analyst - Power and Gas
✨Tip Number 1
Familiarise yourself with the specific products you'll be dealing with, such as Physical Gas and Power. Understanding the nuances of these commodities will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 2
Network with professionals in the energy trading sector, especially those who have experience in settlements. Engaging with industry experts can provide you with valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Brush up on your knowledge of contract terms and conditions, particularly those related to LNG and shipping. Being able to discuss these topics intelligently will set you apart from other candidates and show that you're ready to tackle the responsibilities of the role.
✨Tip Number 4
If you have experience with systems like ENDUR, make sure to highlight this in conversations. If not, consider taking a short course or tutorial to get acquainted with it, as familiarity with such tools can significantly enhance your candidacy.
We think you need these skills to ace Settlements Analyst - Power and Gas
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 skills align 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 contribute effectively from day one.
Proofread Your Application: Before submitting, carefully proofread your application to eliminate any spelling or grammatical errors. 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 pricing calculations, to ensure accuracy and compliance.
✨Prepare Questions
Have insightful questions ready about the company's operations, the Settlements Team's dynamics, and how they integrate new products into their processes. This shows your enthusiasm and willingness to engage with the team.