Hybrid EMRS Settlement Analyst — Drive Accurate Payments

Elexon; Greater London; Hybrid; GBP 32,000 - 39,000; Full time

Benefits offered by this job

Bonus

Private medical insurance

Pension scheme

Job summary

Elexon in London is seeking an EMRS Settlement Analyst (Grade 8) to join the EMRS Operations team on a 12-month FTC. You’ll support the settlement of CfD, Capacity Market and RAB schemes, ensuring timely payments, reconciliations and data integrity.

Work involves data feeds, bank reconciliations, credit positions and incident resolution, with collaboration across LCCC, Ofgem and NESO. The role is hybrid, with 2 days in the London office.

Qualifications

• Experience in settlements, operational finance or financial operations.
• Strong understanding of internal controls, reconciliations and checks and balances.
• Excellent numerical accuracy and data analysis skills.
• Proficient in Microsoft Excel and MS Office.
• Excellent written and verbal communication.
• Ability to manage tasks independently to completion.
• Strong organisational skills with capacity to handle changing workload.
• Desirable knowledge of CfD, Capacity Market or EMR arrangements.
• Desirable experience using SQL and Sage X3.

Responsibilities

• Execute daily settlement and operational finance processes, ensuring EMR charges are accurate and on time.
• Process data feeds, exceptions, payments, invoices, debt and bank reconciliations.
• Maintain and validate EMR customer records for data accuracy and compliance.
• Monitor Credit Cover positions and process payments and Letters of Credit.
• Support annual Pre-qualification Credit Cover collection.
• Produce and analyse daily/monthly reports, resolve discrepancies.

Skills

Settlement experience

Microsoft Excel

Data analysis

Internal controls

Communication

Independent work

Organisational skills

SQL

Sage X3

Tools

Sage X3

Financial systems

Job description

Elexon in London is seeking an EMRS Settlement Analyst (Grade 8) to join the EMRS Operations team on a 12-month FTC. You’ll support the settlement of CfD, Capacity Market and RAB schemes, ensuring timely payments, reconciliations and data integrity.

Work involves data feeds, bank reconciliations, credit positions and incident resolution, with collaboration across LCCC, Ofgem and NESO. The role is hybrid, with 2 days in the London office.