At a Glance
- Tasks: Lead a team to forecast energy demand and manage risk in gas and power.
- Company: So Energy is a rapidly growing, customer-centric renewable energy supplier focused on sustainability.
- Benefits: Enjoy hybrid working, 25 holiday days, a birthday day off, and mental health support.
- Why this job: Join a values-driven culture that prioritises growth, sustainability, and community impact.
- Qualifications: Strong background in power and gas forecasting, with excellent modelling and stakeholder management skills.
- Other info: Open to diverse applicants; salary discussions are transparent and inclusive.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Energy Demand Forecasting Manager role at So Energy. Our Perks include a values-driven culture, personalised learning and development budget, hybrid working hours, 25 holiday days plus local bank holidays, 1 birthday day, 3 So Giving Days, religious celebrations leave, and mental healthcare sessions with Unmind.
So Energy was created in 2015 with the aim of improving energy supply. We have grown rapidly but sustainably, with 300,000 customers and over 450 Energists. We are customer-centric, tech-led, and passionate about sustainability, guided by six core values: Clear, Honest, Ambitious, Inquisitive, Caring, and Sustainable.
As our Demand Forecasting Manager, you will be responsible for managing the Demand Forecasting team, which comprises two forecasting analysts. You will develop a diverse, multi-disciplined, high-performing, customer-focused team, leading by example and role modelling the company values and behaviours.
Your responsibilities will include:
- Reviewing and approving short-term and long-term daily demand forecasts produced by the team.
- Managing and continually improving demand forecasting models, people, and systems for power, gas, and environmental product purchases.
- Monitoring forecasting performance and delivering industry-leading settlement accuracy, focusing on setting and achieving appropriate MAPE and imbalance targets.
- Leading the development of key customer behaviour modelling, such as demand destruction within contract churn and portfolio movement between fixed and variable products.
- Overseeing contracts with external weather data providers to ensure value for money and maximum effectiveness across the Trading department.
- Supporting the Regulations team on RFI (Requests for Information).
- Assisting the Financial teams with business planning.
- Supporting the Trading department in developing Trading and Pricing strategies.
- Developing the future strategy of Demand Forecasting in light of Market Wide HH Settlement.
- Presenting key inputs affecting the Hedging and Trading strategy and making recommendations to stakeholders across the SLT.
This role will be a great fit if you have:
- In-depth knowledge of power forecasting (domestic suppliers).
- In-depth knowledge of gas forecasting (domestic suppliers).
- A mathematics and statistics background.
- Excellent modelling skills (e.g., SQL, VBA & Python).
- Excellent stakeholder management abilities.
- Good organisational and planning skills.
- A good understanding of energy wholesale markets and commodity risk.
- A good understanding of industry processes and parties.
- Team player qualities.
We prioritise matching the right person to the role and do not want salary to be a barrier to applying. Regardless of your current pay, we will discuss salary expectations during the application process.
Our hiring process includes talent screening, a hiring manager interview with technical testing, and a presentation interview. If you have a medical condition or need adjustments to our process, please let us know so we can support you.
At So Energy, we are committed to cultivating an environment that promotes diversity, equity, inclusion, and belonging. We believe our unique qualities should be celebrated as they are critical to our innovation.
Energy Demand Forecasting Manager employer: So Energy
Contact Detail:
So Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Energy Demand Forecasting Manager
✨Tip Number 1
Familiarise yourself with the energy market, especially in relation to demand forecasting. Understanding the nuances of power and gas forecasting will give you an edge during interviews, as you'll be able to discuss relevant trends and challenges.
✨Tip Number 2
Network with professionals in the energy sector, particularly those involved in demand forecasting. Engaging with industry experts can provide insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 3
Brush up on your technical skills, especially in SQL, VBA, and Python. Being able to demonstrate your modelling capabilities during the interview process will show that you're well-prepared for the demands of the role.
✨Tip Number 4
Prepare to discuss your leadership style and how you would develop a high-performing team. Since the role involves managing a team, showcasing your ability to inspire and guide others will resonate well with the hiring managers.
We think you need these skills to ace Energy Demand Forecasting Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Energy Demand Forecasting Manager role. Understand the key responsibilities and required skills, such as knowledge of power and gas forecasting, modelling skills, and stakeholder management.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your background in mathematics and statistics, as well as any experience you have in energy markets or demand forecasting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for sustainability and your alignment with So Energy's values. Mention specific achievements that demonstrate your ability to lead a team and improve forecasting models.
Showcase Your Soft Skills: In your application, don't forget to highlight your soft skills, such as teamwork, communication, and problem-solving abilities. These are crucial for a role that involves managing a team and collaborating with various departments.
How to prepare for a job interview at So Energy
✨Understand the Company Values
So Energy prides itself on its values: Clear, Honest, Ambitious, Inquisitive, Caring, and Sustainable. Make sure to reflect these values in your answers and demonstrate how you align with them during the interview.
✨Showcase Your Technical Skills
As a Demand Forecasting Manager, you'll need strong modelling skills, particularly in SQL, VBA, and Python. Be prepared to discuss your experience with these tools and how you've used them to improve forecasting accuracy in previous roles.
✨Prepare for Stakeholder Management Questions
Given the collaborative nature of the role, expect questions about your experience in managing stakeholders. Think of examples where you've successfully communicated complex information or navigated differing opinions to achieve a common goal.
✨Demonstrate Your Knowledge of the Energy Market
Familiarise yourself with current trends in the energy sector, especially regarding gas and power forecasting. Being able to discuss recent developments or challenges in the industry will show your passion and understanding of the field.