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Industry forecast manager

Redhill (Surrey)
The Green Recruitment Company
Industry
€60,000 - €80,000 a year
Posted: 20 June
Offer description

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Location: Redhill, England, United Kingdom (Hybrid)

The Green Recruitment Company is working alongside a ‘multi-energy’ company that produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity.

The Role:

The Industry Forecast Manager is responsible for all non-commodity cost forecasts and ensuring compliance with various electricity market schemes.

Responsibilities:

* Manage and develop forecasting models for all non-commodity charges across gas and power.
* Propose ongoing rate changes based on a deep understanding of cost methodologies and analysis of assumptions. Use statistical models to project future trends.
* Collaborate with the pricing team to ensure timely and accurate updates to pricing systems.
* Report on forecast accuracy, analyze variances, and develop reporting tools for internal and external stakeholders.
* Calculate actual and reconciliation costs for non-commodity charges and report findings to the business.
* Assist with non-commodity customer queries related to pricing.
* Work with marketing to create quarterly reports providing customers with clear future outlooks.

Scheme Management:

* Validate FITS scheme invoices from Ofgem and conduct quarterly and annual FITs levelisation to ensure compliance.
* Create monthly FITs accruals for finance.
* Review and submit TNUoS forecasts to National Grid quarterly.
* Submit Capacity Market forecasts to EMRS and validate related invoices.
* Manage EII exemption processes and certificates, including scheme changes.
* Identify current and future risks and develop mitigation strategies.
* Monitor inflation using external forecasts to inform internal models.
* Coordinate with the pricing team to ensure appropriate risk pricing for fixed annual customers.
* Assess and monitor regulation risks, collaborating with the regulation manager.
* Implement risk strategies for non-commodity forecasts.

Your Profile:

* Excellent verbal and written communication skills, capable of professional interaction with executives, managers, and subject matter experts.
* Strong data analysis and reporting skills, with excellent problem-solving abilities.
* Minimum of 5 years of commercial experience in the gas and power sector, with hands-on technical roles and a proven ability to plan and achieve goals.
* Proficiency in Excel is essential; working knowledge of SQL, Power BI, and statistical tools such as Python is desirable.
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