Manager Contract Commercial & Market Settlement

Tenaga Nasional Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Tenaga Nasional Berhad in Malaysia seeks a qualified professional to oversee monthly invoice settlements and related commercial activities. You will coordinate with internal teams and external stakeholders to ensure accuracy and timeliness of payments, while managing settlement systems and auditors.

The role requires a strong background in finance with at least 5 years of relevant experience, including 3 years in contract commercial & market settlement.

Qualifications

• Minimum 5 years working experience with 3 years' experience in Contract Commercial & Market Settlement or related fields

Responsibilities

• Conduct monthly invoice settlement for IPPs, NEDA players, and Cross Border interconnection
• Check the monthly invoices settlement for all generators
• Check of invoice for monthly import energy and relevant generators
• Monitor and manage the overall commercial and technical related issues of the generators
• Advice and involve in formulate commercial terms related to new arrangement or existing contracts
• Advice TNB Global Business Services on invoice settlement and payment matters
• Manage and prepare monthly estimates of generators payment to be provided to SB Finance and Reporting Unit
• Manage and attend to internal and external auditors
• Administer and manage the settlement system operation for generators (e.g. One Stop Settlement Center (OSSC))
• Provide input and advice to other units within Single Buyer when required
• Recordkeeping - Filing of all submissions and justifications related to the agreement in an accessible and user-friendly archive for references, audit and disputes

Education

Bachelor’s degree in Finance, Accounting, Economics or related fields

Job description

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Closing Date

28 October 2026

Reporting To

Lead, Contract Commercial & Market Settlement

Mission (Sources of Values)

Ensure efficient invoice settlement process to prove SB’s trustworthy, credibility and efficiency

Accountability & Responsibility

• Conduct monthly invoice settlement for IPPs, NEDA players, and Cross Border interconnection
• Check the monthly invoices settlement for all generators
• Check of invoice for monthly import energy and relevant generators
• Monitor and manage the overall commercial and technical related issues of the generators
• Advice and involve in formulate commercial terms related to new arrangement or existing contracts.
• Advice TNB Global Business Services on invoice settlement and payment matters
• Manage and prepare monthly estimates of generators payment to be provided to SB Finance and Reporting Unit.
• Manage and attend to internal and external auditors
• Administer and manage the settlement system operation for generators (e.g. One Stop Settlement Center (OSSC))
• Provide input and advice to other units within Single Buyer when required
• Recordkeeping - Filing of all submissions and justifications related to the agreement in an accessible and user-friendly archive for references, audit and disputes

KPIs

• Timely completion of processed invoice settlement
• Timely completion of checking invoice settlement

End Products

Monthly:

• Invoice for import energy and energy payment
• Payment Advice Letter to TNB Global Business Services

L1-Vision

L2-Business Acumen

L3-Engaging Others

L4-Self and People Development

L5-Accountability

F-Accounting Knowledge and Business Operation

F-Business Operational Planning

F-Commercial & Financial Assessment

F-Power Purchase Agreement

F-Risk Identification & Mitigation

F-Networking and Interpersonal Skills

Education and Knowledge

• Bachelor’s degree in Finance, Accounting, Economics or related fields

Experience Requirements

• Minimum 5 years working experience with 3 years' experience in Contract Commercial & Market Settlement or related fields

Networking & Relations

• Generators