OXBO are pleased to be working alongside one of the UK's largest energy supply companies, searching for an enthusiastic Senior Settlement Analyst, to lead a growing Settlements Team.
With a growing portfolio of registered supply points, you’ll bring a strong understanding of the UK energy settlements landscape, with hands-on experience calculating the full range of revenue and cost items a UK energy supplier is exposed to.
This role is an excellent opportunity for someone to step into a Senior Analyst Position and develop a suite of processes to drive business change.
Responsibilities:
* Monitor, validate and reconcile settlement data from Elexon, including GSP Group Take, MPAN-level data and line losses across all Settlement Runs.
* Analyse settlement discrepancies and investigate root causes (e.g. data quality issues, meter faults, imbalance volumes).
* Identify metering issues and engage the correct metering counterparty to ensure the issue is resolved (MOP, DA/DC).
* Liaise with internal teams (billing, metering, trading, portfolio management) and external parties (e.g. DNOs, Elexon, agents) to resolve settlement issues.
* Track financial performance of settlement positions and support accruals and forecasting processes.
* Provide regular and ad hoc reporting on settlement performance and financial exposure.
* Lead the develop of system and process improvements, including automation of settlement workflows and data analysis tools.
* Ensure compliance with relevant industry codes (e.g. BSC, DCUSA) and support regulatory reporting.
Requirements:
* 3+ years' experience in a settlements analyst role, in the utilities industry.
* Strong analytical skills with exceptional attention to detail.
* Understanding of the UK electricity market structure and settlement processes (particularly the Balancing and Settlement Code).
* Deep understanding of Settlement “D-Flows” and ability to reconcile SAA-I014 down to the MPAN.
* Advanced SQL Analytics.
* Proficiency in Excel (e.g. pivot tables, lookups)
* Experience working with large datasets and reconciling complex data flows.
* Ability to explain technical issues clearly and work collaboratively across teams.
* Energy Industry Knowledge, specifically around SVA D-Flows.
* Prior experience with CDCA Flow Management would be advantageous.