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Description
Reports to: Head of Billing
Location: Nottingham NG8 6PY
Working hours: Monday to Friday, 37.5 hours a week
Yü Group Plc is a leading energy supplier in the United Kingdom, committed to providing reliable and sustainable energy solutions. We are seeking a highly skilled Industry Settlements Manager to oversee industry settlement processes within the UK energy market. This role requires a deep understanding of energy market operations, regulatory compliance, and strong analytical and leadership skills.
Responsibilities
1. Manage end-to-end industry settlement processes, ensuring accuracy and timeliness in accordance with industry codes and regulations.
2. Monitor and analyse settlement data to identify discrepancies, investigate root causes, and implement corrective actions.
3. Collaborate with internal teams to streamline processes and optimise settlement performance.
4. Lead a team of Settlement advisors to improve settlement performance and reduce imbalance exposure.
5. Manage meter read performance across the portfolio (NHH, HH, and Gas), minimising unread meters.
6. Oversee Gas reconciliation for Yu Energy Shipper, ensuring data processing and billing accuracy.
7. Support the transition to Market Wide Half Hourly Settlement, setting up and implementing new processes.
Regulatory Compliance
1. Stay updated on regulatory changes related to settlements and ensure compliance.
2. Guide the team on regulatory requirements impacting settlement activities.
Stakeholder Engagement
1. Build and maintain relationships with industry stakeholders like Ofgem and Elexon.
2. Act as the main contact for settlement-related queries and escalations.
Reporting and Analysis
1. Generate reports on settlement performance, highlighting key metrics and areas for improvement.
2. Use data analytics to identify trends and opportunities for process improvements.
Candidate Profile
* Proven experience in UK energy settlements.
* Knowledge of industry codes, regulations, and market processes.
* Strong analytical and problem-solving skills.
* Excellent communication and interpersonal skills.
* Leadership ability to motivate and lead a team.
Benefits
* 24 days annual leave + bank holidays
* Holiday buy-up of up to 5 days
* Day off on your birthday
* Employee Assistance Programme
* Annual salary review
* Learning and development opportunities
* Enhanced parental policies
* Recognition awards, additional leave for marriage, referral bonuses, and more
Additional Information
This position does not meet UK Visa & Immigration sponsorship criteria for Skilled Worker. Applications are accepted only from candidates with indefinite right to work in the UK.
If you need reasonable adjustments to apply, please let us know.
Yü Energy is one of the UK's fastest-growing business energy providers, serving thousands of companies with tailored solutions.
Job Details
* Seniority level: Mid-Senior level
* Employment type: Full-time
* Job function: Finance and Sales
* Industry: Utilities
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