Energy Markets Costing Analyst — Pricing & Insights

bp

Houston (TX)

Hybrid

USD 90,000 - 140,000

Full time

7 days ago

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Job summary

bp in Houston seeks a skilled Costing Specialist to manage US deregulated market costing, model cost components, and automate reporting feeding pricing and margins. You will track PnL, support regulatory changes, and collaborate with Sales, Operations, Finance and Risk.

A mid-level professional with strong Excel/VBA/SQL is preferred and experience with ISO settlements is a plus. The role offers hybrid work options in a dynamic energy market, with opportunities to drive commercial growth and

Qualifications

Mid-level experience in a substantially similar role.
Undergraduate degree in Business, Economics, Statistics, quantitative Finance or Engineering.
Strong understanding of the retail power pricing process and model development.
Knowledge of cost structures in deregulated electric markets and ISO settlements data.
Advanced Excel, VBA and SQL skills.
Ability to collect, Query, organize and analyze complex data.
Strong academics with technical or economics/business focus.

Responsibilities

Manage and develop the retail costing process for the US deregulated markets.
Analyze and model cost component risks and premiums.
Develop, automate and maintain reporting feeding into pricing and gross margin models.
Track, optimize and explain PnL for non-tradable components.
Support regulatory rate change processes and market rule changes.
Collaborate with Sales, Operations, Finance and Risk as SME on costing.
Cost and support development of new product initiatives.