Commercial Settlements Analyst

About the role

National Grid Ventures (NGV) is at the heart of the energy transition supporting the connection of electricity grids between Great Britain and other countries, allowing the sharing of greener and more affordable power.

Interconnectors connect Great Britain’s electricity network to neighbouring countries. This reduces costs for GB consumers with access to cheaper, greener energy sources and it increases our security of supply – helping to prevent blackouts in dark winter months! If you're looking to join a team responsible for keeping these incredible interconnectors running, with significant responsibility around multi-million pound settlements then read on…

The Commercial Operations Team is responsible for ensuring the effective day-to-day commercial running of NGV’s portfolio of operational interconnectors. We lead on the relationship with our Interconnectors partners in France, Norway and Denmark and the GB Electricity System Operator, ensuring that day-to-day operation is compliant with relevant legislation and contractual obligations. We are proud to be a growing, international team and all have a passion to do our best for our customers, the planet and each other.

As a Commercial Settlements Analyst, you'll work with the team on our key commercial settlement and validation processes for our UJV Interconnectors. You will analyse and verify settlement related data sourced from our key commercial platforms and partners. A keen eye for detail and a focus on delivering quality and accurate results is a must.

You'll need to be comfortable using Microsoft Excel and SAP S/4HANA, to produce detailed excel working files, analyse data, track and monitor our settlement process and oversee finance interfaces. As part of the role, you'll be empowered to improve and adapt our processes to drive efficiencies for the team and our partners.

We’d hope to see you in the Warwick office at least one day per week and as business needs require, but you are also welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you! 

Key accountabilities

• Jointly lead on the commercial financial processes and settlements for the team.
• Implement process improvements with a continuous improvement mindset in order to deliver best practice.
• Interface with cross functional teams and key internal and external stakeholders to deliver the required outputs.
• Maintain strong working relationships with our international partner organisations.
• Raise and monitor purchase orders for the team, including monitor and receipting of invoices. 

About you

What we do isn’t just important – it’s essential. That’s why we look to recruit experts in their field. In this case, we’re looking for someone who has: 

• Working knowledge of SAP S/4HANA.
• Excellent Microsoft Excel and numeracy skills.
• Experience of building reports and producing analytics in Power BI would be an advantage.
• The ability to collate and analyse information.
• The ability to prepare reports and present to a range of stakeholders, including external stakeholders on all settlement related matters.
• An inquisitive mind with keen problem solving skills.
• Ability to identify and develop process improvements. 
• Strong stakeholder management skills.

Don’t meet every single requirement? If you’re excited about this role but your experience doesn’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What you'll get

A competitive salary between £41,000 - £48,000 – dependent on capability.

As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

About us

National Grid is pioneering ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the United States. As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, where tackling climate change and reaching net zero is a key priority. 

More information

This role closes on 11 December 2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. 

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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