Centrica • United Kingdom

Renewable Hedging and Forecasting Manager

Employment type:  Full time

Remote-first

A little flex time

Job Description

We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes.

Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future.

Renewable Hedging and Forecasting Manager

Windsor with FlexFirst hybrid working

Overview

British Gas Business (BGB) is the leading provider of energy to SMEs in the UK and is focused on helping its customers energising a greener, fairer future.

Your new role is responsible for all the renewable procurement, hedging and PPA’s (power purchase agreements), position management and demand forecasting of all business customers.

Managing £0.3bn of renewable certificates costs with associated hedging and 30 TWh of renewable forecasting activity for the BGB portfolio, you will effectively manage all the risk associated with hedging certificates and renewables assets in the wholesale market supporting the delivery of compelling green tariffs and Zero Carbon agenda.

You will be required to Windsor offices on a regular basis but you have some capacity to work from home under our Flex First programme.

The Role

In your new role you will drive the strategic direction of the Centrica Group approach to the hedging and forecasting of renewable certificates. You’ll manage and develop a comprehensive hedging strategy for business customers which maximizes commercial benefits while minimizing risk exposure and maintaining legislative compliance.

You will monitor the performance of approved Renewable certificates hedging strategies through reporting and modelling. You will also manage the renewable energy wholesale purchasing requirements in order to facilitate the Centrica Group Net Zero Strategy. Operating a process of approval for all products (renewable deals) will ensure accuracy and compliance

You will ensure our pricing is well understood and operated correctly by supporting the sales & trading channels and other stakeholders. A key part of your role will be managing the allocation process of renewable assets to customers and green tariffs. You will also feed into the Fuel Mix disclosure for BGB. Ownership and responsibility of renewable certificate costs in the Group Financial Plan.

Lastly, you will proactively coach your teams and lead by example in encouraging continuous improvement including managing technology projects up to £1m.

The Person

You will have good knowledge of wholesale energy markets and experience in the energy supply or trading business.

With excellent forecasting methodology skills relating to the UK electricity market you will have experience of the development and implementation hedging strategies in energy. As a collaborative resilient leader you will have managed teams of analysts in the past and be highly numerate and analytical. You will also have great influencing skills and be able to present a narrative.

Degree qualified in a STEM subject. Experience with Amazon Warehouse, SQL, Python, and Power BI required..

#LI-BGAS

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
Location
96%
Employees are very happy with their working location freedom
Hours
92%
Employees are very happy with the flexibility in the hours they work
Benefits
82%
Employees are very happy with the benefits their company offers
Work-life balance
79%
Employees feel that they can switch off quite easily from work
Role modelling
83%
Employees feel that flexible working is part of the culture
Autonomy
88%
Employees feel they have complete autonomy over getting their work done

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

Diversity
80%
Employees feel that the diversity is good and there are continued efforts to improve it
Inclusion
82%
Employees feel like the company culture is brilliantly inclusive and equitable
Culture
84%
Employees feel like it is a really great environment to work in
Mission
85%
Employees feel very excited about and aligned with the company mission
Salary
72%
Employees feel that their salary is good and matches the value they bring

Working at Centrica

Company employees

20,000

Gender diversity (male:female)

68:32

Office locations

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

Hiring Countries

Belgium

Denmark

Ireland

United Kingdom

Awards & Achievements

2nd – Large companies

2nd – Large companies

Flexa100 2024
3rd – Consumer Goods

3rd – Consumer Goods

Industry awards 2023

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