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Job at Centrica in Glasgow, Glasgow City, G53 Check similar jobs near me

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Senior Settlements Analyst

Job at Centrica in Glasgow, Glasgow City, G53

Join us, be part of more. We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion and more potential. That why working here is #MoreThanACareer. We do energy differently – we do it all. We make it, store it, move it, sell it and mend it. About your team: At Centrica Energy, our mission is to move it. We’re energy movers by nature. We’re a global renewable energy trading company which helps move energy from source to use – powering businesses, homes, and societies as they transition to a new sustainable energy future. If the idea of working to create a sustainable energy future also moves you, we may very well be the right place for you. We have an exciting opportunity for a Senior Settlements Analyst to join our Cash Management Operations department on an initial 12-month contract. The Cash Management team is a crucial function within Centrica Energy who are accountable for the back end of the trade lifecycle i.e. invoicing and settlement. The teams activities are critical in supporting the business achieve its ambitious growth targets whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial or reputational. Location: The role is based out of our central London office (close to Marble Arch) with 3 days per week based within the office. In this role, you will be responsible for daily bank reconciliations and preparing the cash funding forecast for trade dates to share with the Treasury and Finance Teams. You will also manage overdue payments and outstanding items, organise weekly meetings, and assign outstanding items to Settlement team members for follow-up and consultation with counterparts. Additionally, you will update the daily forecast upon receipt of early or unforecasted payments and provide the updated forecast to the Treasury and Finance Teams. You will prepare preliminary cash funding forecasts for major settlement dates as well as handle payment releases, ensuring they are checked and approved before the payment deadlines. In this role you will learn Centrica Energy ETRM and banking systems quickly to efficiently operate settlement processes and help in developing, automating, and optimising processes to bring efficiencies and improved controls. You will be used to working in a high volume, automated, process driven environment where speed and accuracy are imperative. You will be accountable for timely and accurate invoicing and settlement of Centrica Energy commodity transactions. This includes: Daily Bank Reconciliation of the previous days cash flow/ forecast Management of Clearing Accounts and Clearing report of outstanding items and late payments. Collating and updating the Cash Funding Forecast daily. Ensuring funds are received and paid on time, allocating outstanding items to Settlement team members to take ownership. Ensuring accurate input into the cash liquidity process for Group Treasury Managing preliminary Cash Funding Forecasts, liaising with Treasury and Finance Teams to ensure accurate figures for each entity. Supporting and notifying management on any payment issues, work to resolve as quickly and efficiently as possible. Checking and processing Payment releases in a timely manner, ensuring same day times have been release before currency deadlines. Running within day checks to ensure same day payments has been processed. Contributing to continuous improvement initiatives, to drive efficiency and improved performance (e.g., system enhancements and automation). What we’re looking for: Knowledge of settlement activities, the trade life cycle and trading systems Proactive in identifying and driving improvements in processes, systems and controls. Numerate and highly organised with an excellent attention to detail. Strong analytical and problem-solving skills, with the ability to think and act independently. Ability to communicate effectively, stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential. Why should you apply? We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you. https://www.morethanacareer.energy/centricaenergy If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority. Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey. We’re a family of brands revolutionising how we power the planet. When it comes to energy, no one does it like us. We make it, store it, move it, sell it and mend it. We’re made up of 12 different businesses, but united by our purpose as Centrica. We’re energisers. Our journey to a greener, fairer future is powered by individuals like you. Through innovative green products, intelligent energy solutions and developing smarter ways to use and save energy, we’re not just part of the energy transition, we’re leading it. Our commitment goes beyond sustainability. Together we’re bringing our collective energies to create positive change in our local communities. If you immerse yourself in our fight to change tomorrow, you might just find your why. We’re looking for people to add to our culture – not fit in with it. We're building a community where you can be unapologetically you, where differences are celebrated, and where everyone can belong. Real inclusivity also means supporting the different realities our people face. That why we have the UK best Carers Policy and are continually building our approach to flexibility and wellbeing. Of course, we love having fun too. We’re a people place after all.

ID 1169923 Sectors:
in Glasgow, Glasgow City, Scotland, G53

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