Senior Settlements Analyst

JR United Kingdom; Abingdon; On-site; GBP 40,000 - 80,000; Full time

Job description

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Conrad Energy is looking for an enthusiastic Senior Settlement Analyst who plays a critical role in ensuring accurate and timely settlement of electricity market transactions in line with UK energy market rules and industry codes. You will analyse settlement data, investigate discrepancies, and support the financial reconciliation of electricity volumes and charges across our portfolio.

The Job

As the lead of our expanding Settlements Team, you’ll help shape the future of settlements at Conrad Energy as we continue to grow our portfolio of registered supply points in the UK Energy Market. 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.

Working with large datasets in our Data Lake environment, you'll ensure all value is correctly allocated and imbalances reconciled. You'll apply your data processing and automation expertise—particularly using SQL—to manage data efficiently and communicate insights clearly to internal and external stakeholders. You'll also engage with key industry parties including Elexon, NESO, DNOs, and trading counterparties to resolve settlement issues as they arise.

It is essential that the candidate has had at least 3 years of experience in a relevant UK energy supplier, generator, or industry body (e.g. Elexon, DNO, NESO). The candidate must have excellent data skills, with the ability to develop data-automation routines and handle large datasets effectively.

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.

About Conrad Energy Ltd

Conrad Energy is a fast-growing UK energy company. We’re powering the move towards renewables through innovation and technology. We generate power to support the National Grid when renewables can’t meet demand and we buy, sell and manage energy for businesses nationally.

With a portfolio including gas, batteries, solar, wind and hydrogen, our 83 sites, operational or in construction, have a potential to generate 983MW of power making us one of the leading flexible energy providers in the country. Optimised and operated using our market-leading software, iON+, we’re at the forefront of shaping a more efficient energy sector that is both reliable and sustainable.

Over the last few years, we’ve planned and developed some of the largest energy infrastructure projects in Europe, as well as rapidly expanding the number of business customers working with us.

We’re proud to power a changing world, building a better future for us all.

Main job tasks and responsibilities

1. Monitor, validate and reconcile settlement data from Elexon, including GSP Group Take, MPAN-level data and line losses across all Settlement Runs.
2. Analyse settlement discrepancies and investigate root causes (e.g. data quality issues, meter faults, imbalance volumes).
3. Identify metering issues and engage the correct metering counterparty to ensure the issue is resolved (MOP, DA/DC).
4. Liaise with internal teams (billing, metering, trading, portfolio management) and external parties (e.g. DNOs, Elexon, agents) to resolve settlement issues.
5. Track financial performance of settlement positions and support accruals and forecasting processes.
6. Provide regular and ad hoc reporting on settlement performance and financial exposure.
7. Lead the development of system and process improvements, including automation of settlement workflows and data analysis tools.
8. Assist in design of our data architecture and data ingestion routines for our Data Lake, having input into what data is captured and how it should be stored.
9. Ensure compliance with relevant industry codes (e.g. BSC, DCUSA) and support regulatory reporting.

What we are looking for

1. Strong analytical skills with exceptional attention to detail.
2. Understanding of the UK electricity market structure and settlement processes (particularly the Balancing and Settlement Code).
3. Deep understanding of Settlement “D-Flows” and ability to reconcile SAA-I014 down to the MPAN.
4. Advanced SQL Analytics.
5. Proficiency in Excel (e.g. pivot tables, lookups).
6. Experience working with large datasets and reconciling complex data flows.
7. Ability to explain technical issues clearly and work collaboratively across teams.
8. Prior experience in a UK energy supplier, generator, or industry body (e.g. Elexon, DNO, NESO) is essential.
9. Energy Industry Knowledge, specifically around SVA D-Flows.

Nice to have

1. Prior experience with CVA-registered generation asset related data including CDCA Flow management and BMU Period Charges.
2. Experience with data management best practices, including any SQL Database management exposure.
3. Experience with Python Notebooks deployed on platforms such as DataBricks or Fabric.
4. Experience with data visualisation tools (e.g. Power BI, Tableau).