Settlements Analyst - Trading, Centrica Energy

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.

We have an exciting opportunity for a Settlements Analyst to join our Settlement Operations department in Park House, London, with a requirement to be on-site three days per week. This role is based within Centrica Energy, the trading arm of Centrica, where we trade LNG, gas, power, and energy attributes, connecting independent producers, suppliers, and corporate off-takers in the wholesale energy markets.

We are seeking a Settlements Analyst to join our high-performing Settlement Operations team, which plays a critical role in managing the back end of the trade lifecycle, including invoicing and settlement. This team is essential in supporting Centrica's ambitious growth goals by ensuring robust processes and controls are in place to mitigate operational, financial, and reputational risks. As a Settlements Analyst, you will be responsible for generating and dispatching trading invoices, as well as receiving, validating, and processing invoices for both vanilla and complex products, such as physical OTC trades, swaps, options, power purchase agreements, and renewable certificates. You will ensure all tasks are completed within contractual timelines while collaborating with other functions to maintain seamless operations.

Key responsibilities

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).

Key requirements

• 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

Why join?

We have tailored our well-being & benefits package around our employees as follows;

• Competitive salary and bonus potential

• Employee Energy Allowance at 15% of the government price cap

• Pension scheme

• Company Funded Healthcare Plan

• 25 days holiday allowance, plus public holidays, and the option to buy up to 5 additional days

• Excellent range of flexible benefits, including technology vouchers, electric car lease scheme & 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.