Settlements Analyst

Settlements Analyst

Full-Time 26500 - 28000 £ / year (est.) On-site
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At a Glance

  • Tasks: Manage energy settlements and ensure accurate billing for customers.
  • Company: Join Yü Energy, one of the UK's fastest-growing energy suppliers.
  • Benefits: Enjoy 24 days annual leave, learning opportunities, and a supportive work environment.
  • Other info: Flexible working hours and excellent career growth potential await you.
  • Why this job: Be part of a dynamic team making a real impact in the energy sector.
  • Qualifications: Experience in the energy industry and strong communication skills are preferred.

The predicted salary is between 26500 - 28000 £ per year.

Based in Nottingham, we are looking to expand our Settlements Team due to continued success & growth and have created an exciting opportunity for an experienced industry professional, to help support and optimise our Settlements Performance within the industry. It would be desirable if you had energy industry experience, due to the nature of the role. Our company is growing at a rapid pace so it’s an exciting opportunity to join an organisation which can offer a long-term future career pathway. Passionate and motivated people are the power behind our growth, so we’re looking to expand our team, and you could be part of our success story.

Here’s a taste of what you’ll be doing:

  • Have a working knowledge of key principles of Electricity and Gas Settlements that underpin Supplier’s Operation.
  • Managing internal and external customers and third parties to ensure that our customers’ usage is settled timely and accurately with relevant industry parties.
  • Assess customers’ accounts to ensure that their usage is in line with amount that has been billed and vice versa and working collaboratively to resolve misalignments.
  • Monitor and resolve exceptions received from industry regulators i.e., XOSERVE, ELEXON and REC, to ensure that they are resolved timely and at root causes wherever possible.
  • Work with industry dataflows and large data sets and you will be required to understand the structure and their usage.
  • Experience in building effective working relationships with BSC and Gas agents i.e., DC, DA, MOP, DNOs, MAM, XOSERVE etc., and other stakeholders.
  • Optimise Industry Settlements Performance for NHH and Gas meters and working with Metering team to improve HH Settlements Performance.
  • Reduce impacts to P.V.S by aligning records and ensure accuracy of data held by relevant industry parties and our records are up to date.
  • Be flexible and a strong team player, with a can-do attitude.
  • Assist Management with ad-hoc queries as required and where appropriate, this may include annual audits and regulatory tasks.

If you have what it takes you could be just what we’re looking for…

  • Sharp – Effective decision-making skills to manage technical workload.
  • Experienced – you’ve preferably worked in the energy/metering industry and in a similar role.
  • Great communicator – you have first-rate communication and interpersonal skills.
  • Ambitious – you don’t just want another job, you want a career opportunity.
  • Analytical – naturally curious, immaculate attention to detail and resolve problems in a logical approach at root cause.
  • Motivated – you have a “can do” attitude and love to see success.
  • Team player – you enjoy working closely with a team to help them develop.
  • Flexible – you’re a strong team player who can adapt as the role and business develops.

We have a wide range of benefits for our employees including:

  • 24 days annual leave + bank holidays
  • Holiday buy – up to 5 additional days
  • Day off on your birthday
  • Employee Assistance Programme
  • Annual salary review
  • Learning and development opportunities
  • Enhanced paternity, maternity and adoption policies
  • 3 days additional annual leave if you get married/civil partnership etc.
  • Appointment allowance
  • Long service recognition
  • Refer a friend payment
  • Company sick pay (subject to length of service)
  • New modern facilities
  • Death in service and critical illness cover
  • Plus, many more

This position does not fulfil the UK Visas & Immigration sponsorship criteria for Skilled Worker; therefore, we can only accept applications from candidates who already have an indefinite right to work in the UK. If you need any reasonable adjustments to help you apply for a role, please let us know and we will see what we can do.

Yü Energy are one of the UK’s fastest growing business gas, electricity and water suppliers, supplying thousands of companies across the UK. On a mission to shake-up the UK business energy market, our winning combination of expert, personal service and competitive prices are specifically tailored to the needs of commercial customers.

Settlements Analyst employer: Yü Group

Yü Group is an exceptional employer, offering a dynamic work environment in Galashiels, Scotland, where innovation meets support. With competitive salaries, a generous bonus scheme, and a commitment to employee development through learning opportunities, we foster a culture that values flexibility and family well-being, making it an ideal place for those seeking meaningful and rewarding careers in the metering industry.

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Contact Details:

Yü Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Settlements Analyst

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Yü Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Settlements Analyst

Knowledge of Electricity and Gas Settlements
Customer Relationship Management
Data Analysis
Problem-Solving Skills
Attention to Detail
Effective Communication Skills
Experience in the Energy/Metering Industry

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Yü Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Yü Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Yü Group

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Yü Group.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Yü Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Yü Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.