Centrica • United Kingdom

Finance Manager Energy Margin (Commodity Costs)

Employment type:  Full time


A little flex time

Job Description

🔥 We’ve been in Britain’s homes for over 200 years.

At British Gas, we’ve never been more excited about the future. Right now, we’re at a pivotal moment. As well as leading our customers through a once-in-a-generation cost of living crisis, we’ve got big plans to get our homes closer to Net Zero.

We're looking for a brilliant Finance Manager to join us and support the Residential Energy business, where British Gas is the leading supplier by market share of Gas & Electricity. This offers a fantastic opportunity to gain first-hand experience in a complex and exciting area, during a period of large-scale change with the migration of customers from SAP to Ensek.

You will work closely with the Senior Finance Manager Energy Margin with a primary focus on Commodity cost P&L reporting, forecasting and analysis. Key to ensuring success in this role will be building strong working relationships both within and outside of Finance, for example, with the Pricing, Energy Supply & Hedging, Demand Forecasting and Financial Control teams.

You’ll lead the Energy Commodities team with one direct report and responsibility for the production of Gas & Power commodity cost forecasts for Residential Margin (c. £7bn p.a), along with the delivery of high-quality performance reporting including ad hoc analysis.

Key to the role is the ownership and co-ordination of all forecasting updates ensuring these are consistent and accurate, and also accompanied by clear supporting analysis that can be used for upwards reporting (e.g. weekly hedging and monthly cost review meetings). In addition, the role will be accountable for ensuring the integrity of financial results as well as supporting hedging strategy decisions.

The successful applicant will be expected to develop deep knowledge of the commodities markets and drive efficiency and simplification of processes to create greater capacity in the team for insight.

Key accountabilities:

  • Develop a strong and effective team delivering key financial forecasting, along with insightful performance reporting and analysis.

  • Actively contribute to the development of the team capabilities, through coaching, development, and learning experiences either for Direct Report or via sharing knowledge and support of the wider FP&A team

  • Proactively get to know the business area supported, enabling a credible platform to provide high quality insight and challenge.

  • Ensure excellent stakeholder engagement and expectation management across all deliverables.

  • Support Transformation activities through design and delivery of changes to forecasting/reporting methodologies, in order to drive greater understanding, efficiency and standardisation.

  • Co-ordinate the production of standard Business Finance deliverables to the agreed format, timeline and quality. These will be supported by clear and focused messaging that supports the business area objectives.

  • Deliver an accurate, efficient and transparent forecast which meets finance and business stakeholder requirements.

  • Review, challenge and develop a detailed understanding of the key inputs into the forecast process.

  • Produce insightful reporting and supporting analysis to ensure the business understands variances to plan and any future risk / opportunity is quantified.

  • Work collaboratively with BG FC and other teams across BG and Centrica Energy (“CE”) to align on key variances, core performance metrics and planning assumptions.

  • Responsible for engagement with relevant stakeholders across finance and the business

  • Apply Centrica standards of Financial Control to Business Finance processes to ensure key financial processes are structured to deliver accuracy and financial integrity.

To thrive in this role strong experience of FP&A in a large organisation including analysis, insight and communicating this across the business is required as is building economic and financial models, creating robust forecasting and budgeting & evidence of a track record of process improvement. You will also need to be able to demonstrate experience of leading a team.

In addition:

  • Hold an Accounting qualification (ACA, ACCA, CIMA)

  • Able to lead through a period of change, working flexibly for the good of the business & are motivated by continuous improvement and high-quality output.

  • Excellent communicator with strong analytical skills and ability to translate complex financial analysis into commercial insight.

  • Expertise in developing and maintaining large models and analysing data.

  • Develops an understanding of the business in order to translate operational drivers into accurate accounts and reports.

  • Ability to pro-actively develop positive and highly effective working relationships, engaging key senior stakeholders as necessary to achieve desired outcomes.

  • Strong critical thinking and analytical skills to effectively challenge the business.

  • Comfortable with manipulating large quantities of data to provide insight (e.g. in Excel, Power BI, Cognos TM1)

💸 Our success, your share!

Working for the UK’s most trusted energy company has its perks. As part of the Centrica family, you’ll receive an industry-leading core benefits package in addition to your salary, car allowance and annual bonus:

  • 33 days holiday inc BH's (plus the chance to buy 5 more)

  • Each year, we give colleagues a slice of our profits as company shares

  • Impressive Pension Scheme & Share incentive plan – for every 2 Centrica shares you buy, we give you a free share.

  • If you’re a British Gas Customer, we’ll give you an allowance towards your energy bills

  • Healthcare Plan, GP24 – Virtual GP available 24/7, My Health Service – holistic wellbeing support, My Care – Confidential support service available 24/7

  • Free Eye Test and glasses if you need them.

  • Life Assurance – Should the worst happen to you, your loved ones receive a pay-out of 4x your salary.

  • Income protection – if you get a long-term illness/injury and you’re unable to work, you’ll still get 2/3 of your salary.

  • Huge discounts on our home products such as EV Chargers, Solar Panels, and boilers.

  • Funded Legal Help, Travel Insurance


At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!

PLEASE APPLY ONLINE by hitting the 'Apply' button.

Applications will ONLY be accepted via the ‘Apply’ button.

This role is being handled by the Centrica recruitment team and NO agency contact is required.

Company benefits

Adoption leave
Open to part-time employees
Enhanced sick days
Flexible working week
Enhanced sick pay
Gym membership
Health insurance
Mental health platform access
Compassionate leave
Dental coverage
Fertility treatment leave
Season ticket loan
Buy or sell annual leave
Optional unpaid leave
Shared parental leave
Enhanced maternity leave
Carer’s leave
Enhanced paternity leave
Pregnancy loss leave
Cycle to work scheme
Pension match/increase
Equity packages
Life insurance
Annual pay rises
Share options
Financial coaching
Employee discounts
Volunteer days
Company car

We asked employees of Centrica how satisfied they were with flexible working, and this is what they told us

Employees are very happy with their working location freedom
Employees are very happy with the flexibility in the hours they work
Employees are very happy with the benefits their company offers
Work-life balance
Employees feel that they can switch off quite easily from work
Role modelling
Employees feel that flexible working is part of the culture
Employees feel they have complete autonomy over getting their work done

Additional employee ratings
(these do not contribute to the FlexScore®)

Employees feel that the diversity is good and there are continued efforts to improve it
Employees feel like the company culture is brilliantly inclusive and equitable
Employees feel like it is a really great environment to work in
Employees feel very excited about and aligned with the company mission
Employees feel that their salary is good and matches the value they bring
Working at Centrica

Company employees


Gender diversity (male:female)


Office locations

Windsor, London, Cardiff, Leicester, Glasgow, Edinburgh, Manchester, Dublin, Stockport, Staines, Hampton, Aberdeen, Barrow, Hull

Hiring Countries

United Kingdom