At a Glance
- Tasks: Join our team as a Settlements Analyst, handling invoicing and settlement for energy trades.
- Company: Centrica Energy is a leading energy company focused on growth and operational excellence.
- Benefits: Work in a vibrant London office with flexible remote options and opportunities for professional development.
- Why this job: Be part of a crucial team driving efficiency and accuracy in the energy sector while developing your skills.
- Qualifications: Knowledge of trading systems and strong analytical skills are essential; attention to detail is a must.
- Other info: This is a 12-month fixed-term role with a focus on continuous improvement and automation.
The predicted salary is between 36000 - 60000 £ per year.
We have an exciting opportunity for a Settlements Analyst to join our Settlement Operations department on a 12-month contract . The Settlement Operations team is a crucial function within Centrica Energy. The team is accountable for the back end of the trade lifecycle 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. The Settlements Analyst 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. The role is based out of our central London office (close to Marble Arch) with 3 days per week based within the office. The Settlements Analyst 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). 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. #LI-CET JBRP1_UKTJ
Centrica | Settlements Analyst - Trading (12 months fixed-term) employer: Centrica
Contact Detail:
Centrica Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Centrica | Settlements Analyst - Trading (12 months fixed-term)
✨Tip Number 1
Familiarize yourself with the trade lifecycle and settlement activities specific to the energy sector. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Highlight any experience you have with ETRM systems or similar trading platforms. If you don’t have direct experience, consider taking a short online course to get a basic understanding of how these systems work.
✨Tip Number 3
Prepare examples of how you've improved processes or driven efficiencies in previous roles. This will showcase your proactive approach and problem-solving skills, which are crucial for this position.
✨Tip Number 4
Practice articulating your ability to work under pressure and meet tight deadlines. Use specific scenarios from your past experiences to illustrate your capability to maintain accuracy and speed in a high-volume environment.
We think you need these skills to ace Centrica | Settlements Analyst - Trading (12 months fixed-term)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Settlements Analyst position. Understand the key responsibilities and required skills, such as knowledge of settlement activities and trading systems.
Tailor Your CV: Customize your CV to highlight relevant experience in settlement operations, invoicing, and any analytical roles you've held. Emphasize your attention to detail and ability to work under pressure.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the role and how your skills align with Centrica's needs. Mention specific examples of how you've improved processes or handled high-volume tasks in previous positions.
Highlight Continuous Improvement Experience: In your application, emphasize any experience you have with process improvements, system enhancements, or automation initiatives. This aligns well with the company's focus on efficiency and performance.
How to prepare for a job interview at Centrica
✨Understand the Trade Lifecycle
Make sure you have a solid grasp of the trade lifecycle and settlement activities. Be prepared to discuss how these processes work and their importance in mitigating operational risks.
✨Showcase Your Analytical Skills
Highlight your strong analytical and problem-solving skills during the interview. Prepare examples of how you've tackled complex issues in previous roles, especially in high-volume environments.
✨Demonstrate Attention to Detail
Since accuracy is crucial for this role, be ready to provide examples that showcase your attention to detail. Discuss how you ensure precision in invoicing and processing transactions.
✨Communicate Effectively Under Pressure
Prepare to discuss situations where you've had to communicate effectively while under pressure. This will demonstrate your ability to stay calm and meet deadlines in a fast-paced environment.