OXBO are pleased to be working alongside one of the UK's largest energy supply companies, searching for an enthusiastic Senior Settlement Analyst, to lead a growing Settlements Team.With a growing portfolio of registered supply points, youll 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.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.Responsibilities:Monitor, validate and reconcile settlement data from Elexon, including GSP Group Take, MPAN-level data and line losses across all Settlement Runs.Analyse settlement discrepancies and investigate root causes (e.g. data quality issues, meter faults, imbalance volumes).Identify metering issues and engage the correct metering counterparty to ensure the issue is resolved (MOP, DA/DC).Liaise with internal teams (billing, metering, trading, portfolio management) and external parties (e.g. DNOs, Elexon, agents) to resolve settlement issues.Track financial performance of settlement positions and support accruals and forecasting processes.Provide regular and ad hoc reporting on settlement performance and financial exposure.Lead the develop of system and process improvements, including automation of settlement workflows and data analysis tools.Ensure compliance with relevant industry codes (e.g. BSC, DCUSA) and support regulatory reporting.Requirements:3+ years' experience in a settlements analyst role, in the utilities industry.Strong analytical skills with exceptional attention to detail.Understanding of the UK electricity market structure and settlement processes (particularly the Balancing and Settlement Code).Deep understanding of Settlement D-Flows and ability to reconcile SAA-I014 down to the MPAN.Advanced SQL Analytics.Proficiency in Excel (e.g. pivot tables, lookups)Experience working with large datasets and reconciling complex data flows.Ability to explain technical issues clearly and work collaboratively across teams.Energy Industry Knowledge, specifically around SVA D-Flows.Prior experience with CDCA Flow Management would be advantageous.
Job Title
Settlement Analyst