At a Glance
- Tasks: Analyse industry costs and support pricing accuracy across retail and generation contracts.
- Company: Join a leading energy company focused on innovation and sustainability.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with diverse teams and exciting career advancement opportunities.
- Why this job: Make a real impact in the energy sector while developing your analytical skills.
- Qualifications: Numerical skills, financial modelling experience, and understanding of the GB electricity market.
The predicted salary is between 63000 - 77000 £ per year.
The Industry Cost Analyst plays a key role within the Optimisation & Structuring Group, supporting our operational retail pricing function and ensuring the accurate pricing of industry non-energy costs across GB retail and generation contracts. Reporting to the Retail Pricing Lead, the role combines technical expertise, analytical capability, and commercial awareness to maintain accurate pricing models, support operational pricing activities, and provide specialist advice on industry charging to stakeholders across the business.
You will also be responsible for forecasting and maintaining industry cost data, supporting the implementation and ongoing management of new retail pricing services, and ensuring pricing reflects evolving regulatory and market changes. Working closely with teams including Sales, Trading, Operations, Risk, and Finance, you will contribute to new product development, communicate industry cost developments internally and externally, and help safeguard the business by ensuring pricing accuracy, regulatory compliance, and adherence to information security policies.
What skills/experience do I need to be successful?
- Numerical / analytical experience, ideally with some financial modelling experience
- Applied experience of modelling industry costs, including network charging and policy costs
- Understanding of the GB electricity market is required (wholesale, capacity, balancing markets) and an understanding of energy market product structures
- Understanding macroeconomic factors that may affect industry costs (inflation, supply/demand)
- Knowledge of querying databases and strong capability in Excel is required
Industry Cost Analyst employer: SmartestEnergy Business Limited
As a leading practice organisation in the energy sector, we offer an exceptional work environment that prioritises innovation, diversity, and employee well-being. Our commitment to flexible working allows you to balance your professional and personal life while contributing to impactful global projects. Join us to shape the future of technical accounting and enjoy unparalleled growth opportunities within a supportive and dynamic team.
Contact Details:
SmartestEnergy Business Limited Recruitment Team
