Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage daily operations for EU physical natural gas, including P&L reporting and invoicing.
- Company: Engelhart, a dynamic commodities trading company with a collaborative culture.
- Benefits: Competitive salary, bonus plan, 25 days holiday, and robust benefits package.
- Other info: Inclusive workplace promoting diversity and excellent career development opportunities.
- Why this job: Join a forward-thinking team and make an impact in the energy transition.
- Qualifications: Experience in physical gas operations and strong analytical skills required.
The predicted salary is between 36000 - 60000 ÂŁ per year.
About Us
Engelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is “asset light” and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative and weather research capabilities. Our activities are underpinned by strong risk management practices and by powerful technology and operational excellence. We have exceptional teams with diverse global backgrounds and decades of experience, and are driven by a highly collaborative culture, across products and competencies.
In 2024, Engelhart acquired Trailstone, a global energy trading and technology company. The acquisition provides us with new expertise, analytics and proprietary technology which is being used to provide risk management and optimisation services to help maximise the value of our clients’ renewable power. The acquisition also expanded Engelhart’s capabilities into physical natural gas across North America, a critical fuel to support the energy transition. Our talented and experienced individuals work together according to its four company values: Performance, Agility, Collaboration, Entrepreneurship.
About the Role
We are looking for an experienced Middle Office professional to own and deliver day-to-day support for EU physical natural gas activity. Their remit will cover P&L reporting, storage contracts, imbalance management, and invoicing / settlements, ensuring accurate commercial outcomes, strong control environment, and timely reporting to Trading, Finance, and Operations. This person can expect to interface with Gas Traders & Originators directly, as well as Scheduling/Logistics, Back Office/Settlements, Finance and Risk.
This will be a full-time role, owning the following responsibilities:
- Produce and explain daily P&L for physical gas portfolios (flow, storage, balancing, transport), including:
- Realised vs unrealised, accruals, provisions, and timing differences
- Drivers: price moves, volume revisions, FX, fees, losses, constraints
- Volume/price validation (index formulas, averaging windows, FX, calendars)
- Transmission/storage fees, balancing charges, shaping, losses
- Ensure timely issuance/approval of invoices; manage query log and resolve disputes.
- Reconcile counterparty statements to internal records and escalate material breaks.
- Support credit/collections with accurate contractual and operational evidence.
About You
The following experiences and skills are essential for success in this role:
- Proven years of experience in EU physical natural gas middle office operations with a strong understanding of physical gas trade lifecycle.
- Experienced with storage contract economics and operational constraints.
- Comfortable with imbalance/cash-out concepts and allocation processes.
- Ability to manage and discuss P&L attribution and reconciliation in a commodities context.
- Familiarity with ETRM systems and statement/invoice workflows.
- Strong Excel skills (pivoting, lookups; VBA desirable); comfort in handling large datasets.
- High attention to detail, with strong analytical and reconciliation capability.
- Clear communication, e.g. able to produce concise P&L and operational commentary for traders/finance.
- Ability to manage deadlines (daily reporting + month-end) and multiple stakeholders.
In addition, the following is not required, but highly desirable for this role:
- Hub/market familiarity (e.g., TTF, NBP, THE, PEG) and exposure to TSO processes.
- Knowledge of VAT/tax invoicing basics for energy commodities in Europe.
- Power BI/Tableau, SQL, Python for automation.
- Experience with audit/control frameworks and process documentation.
What we offer
- Competitive compensation and participation in Engelhart’s discretionary bonus plan.
- 25 days of annual holiday entitlement, excluding UK public holidays.
- Robust benefits package such as medical, dental, life insurance, generous pension contribution, and supplemental benefits partially subsidised by the Company.
- Eligibility to receive external and internal training in accordance with our Training & Development Policy.
We believe in inclusivity and are therefore dedicated to ensuring all employees – across gender identity, race, ethnicity, sexual orientation, religion, life experience, background and more – feel welcome and included in the company. We promote diversity because we believe it is essential to our ability to think holistically.
EU Physical Gas Specialist (Middle Office Operations) employer: Engelhart CTP Group
Contact Detail:
Engelhart CTP Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EU Physical Gas Specialist (Middle Office Operations)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values, especially around performance and collaboration, so you can show how you fit right in. Tailor your answers to reflect their priorities!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace EU Physical Gas Specialist (Middle Office Operations)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of EU Physical Gas Specialist. Highlight your experience in middle office operations and any relevant skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience makes you a great fit. Don’t forget to mention our company values and how you embody them.
Showcase Your Analytical Skills: Since this role involves a lot of data handling and P&L reporting, make sure to showcase your analytical skills in your application. Mention any tools or methods you’ve used to manage large datasets or improve processes.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Engelhart CTP Group
✨Know Your P&L Inside Out
Make sure you can explain the daily P&L for physical gas portfolios clearly. Brush up on realised vs unrealised gains, accruals, and the factors that drive these numbers. Being able to discuss these concepts confidently will show your understanding of the role.
✨Familiarise Yourself with Storage Contracts
Understand the economics behind storage contracts and how they impact operations. Be prepared to discuss any relevant experience you have in managing these contracts and resolving disputes, as this is a key part of the job.
✨Show Off Your Analytical Skills
Highlight your strong analytical capabilities by discussing past experiences where you've managed large datasets or reconciled complex financial information. Use specific examples to demonstrate your attention to detail and problem-solving skills.
✨Communicate Clearly and Concisely
Practice summarising complex information into concise commentary. You’ll need to communicate effectively with traders and finance teams, so being able to articulate your thoughts clearly will set you apart from other candidates.