Energy Analyst

JR United Kingdom; Greater London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Senior Settlement Analyst to lead a dynamic Settlements Team. This exciting role offers the opportunity to drive business change by developing processes and automating workflows in the UK energy sector. You will leverage your analytical skills and industry knowledge to monitor and reconcile settlement data, ensuring compliance with industry codes. If you have a passion for data analysis and a strong understanding of the energy market, this position is perfect for you to make a significant impact in a growing company.

Qualifications

• 3+ years' experience in settlements analysis within the utilities sector.
• Strong understanding of UK electricity market and settlement processes.

Responsibilities

• Monitor and reconcile settlement data from Elexon and other sources.
• Analyze discrepancies and engage with internal and external teams.

Skills

Analytical Skills

Attention to Detail

SQL Analytics

Excel Proficiency

Energy Industry Knowledge

Education

Bachelor's Degree in a relevant field

Tools

SQL

Excel

Job description

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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.