Settlements Analyst

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.

Centrica Energy is the trading arm of Centrica. We trade LNG, gas, power and energy attributes, and connect independent producers, suppliers and corporate off-takers in the wholesale energy markets.

We have an exciting opportunity for a Settlements Analyst to join our Settlement Operations department on an initial 9 month contract.

The Settlement Operations team is a crucial function within Centrica Energy. The team is accountable for the back end of the trade lifecycle i.e., invoicing and settlement and the team’s activities are critical in supporting the business achieve its ambitious growth targets whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial or reputational.

The Settlements Analyst will be responsible for the creation and dispatch of trading invoices, as well as the receipt, validation and processing (with support from other functions as required) of invoices, for both vanilla and complex products, including physical OTC trades, swaps and options, power purchase agreements and renewable certificates within contractual timelines.

The Settlements Analyst will be expected to learn Centrica Energy’s ETRM and banking systems quickly to efficiently operate settlement processes and help in developing, automating and optimising processes to bring efficiencies and improved controls. The Settlements Analyst will be used to working in a high volume, automated, process driven environment where speed and accuracy are imperative.

The role is based out of our central London office (close to Marble Arch) with 3 days per week based within the office.

The Job role:

You will be accountable for timely and accurate invoicing and settlement of Centrica Energy’s commodity transactions. This includes:

• Settlement of physical OTC trades, swaps and options, and renewable certificate transactions

• Accurate and timely creation and issue of invoices for all products as well as the validation of invoices and payments within contractual timelines

• Processing netting statements for physical and financial settlements

• Ensuring funds are received and paid on time

• Ensuring accurate input into the cash liquidity process for Group Treasury

• Managing the resolution of operational issues and queries from internal / external parties

• Supporting management in the day-to-day monitoring of workflows, queues and tasks

• Assisting in the training and development of other team members

• Contributing to continuous improvement initiatives, to drive efficiency and improved performance (e.g., system enhancements and automation).

The Person:

• Knowledge of settlement activities, the trade life cycle and trading systems

• Proactive in identifying and driving improvements in processes, systems and controls

• Numerate and highly organised with an excellent attention to detail

• Strong analytical and problem-solving skills, with the ability to think and act independently

• Ability to communicate effectively, stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential.

#LI-CET

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.